The statistics show a robust demand for arbitration and reflect Hong Kong’s importance as an arbitral venue for resolving cross-border commercial disputes.
On 20 February 2025, the Hong Kong International Arbitration Centre (HKIAC) released its annual statistics for 2024. The newly published statistics demonstrate an increasing use of the HKIAC as an arbitration centre. This growth reinforces Hong Kong’s position as a leading international arbitration institution, and follows on the heels of the issuance of the HKIAC’s new 2024 Administered Arbitration Rules which, as we discussed in a previous Client Alert, are aimed at further innovating the procedural framework for arbitration users.
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