AMTD IDEA (AMTD) 6-K 21 Apr 23 2022 FY Current report (foreign) Financial data

Cover Page

Cover Page	12 Months Ended
	Dec. 31, 2022
Document Information [Line Items]
Document Period End Date	Dec. 31, 2022
Document Type	6-K
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2022
Entity Registrant Name	AMTD IDEA Group
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001769731
Entity File Number	001-39006
Entity Address, Address Line One	23/F Nexxus Building
Entity Address, Address Line Two	41 Connaught Road
Entity Address, City or Town	Central
Entity Address, Country	HK

Consolidated Statements Of Prof

Consolidated Statements Of Profit Or Loss And Other Comprehensive Income - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
REVENUE
Capital market solutions services income (including income generated from related parties of HK$128,419,020 and HK$105,448,459 and HK$9,020,655 for the years ended December 31, 2020, 2021 and 2022, respectively)	$ 581,932,693	$ 680,477,636	$ 607,263,125
Digital solutions and other services income (including income generated from related parties of nil, nil and HK$12,499,860 for the years ended December 31, 2020, 2021 and 2022, respectively)	183,572,996	0	0
Fashion and luxury media advertising and marketing services income	59,679,071	0	0
Dividend and gain related to disposed financial assets at fair value through profit or loss (including net disposal gain generated from related parties of HK$82,948,508 and HK$125,112,176 and nil for the years ended December 31, 2020, 2021 and 2022, respectively)	223,342,854	173,823,384	171,026,667
Net fair value changes on financial assets at fair value through profit or loss (except derivative financial assets and gain related to disposed financial assets at fair value through profit or loss)	(161,406,875)	597,551,244	(31,054,945)
Net fair value changes on derivative financial assets	484,760,273	(54,008,047)	371,305,326
Total revenue	1,371,881,012	1,397,844,217	1,118,540,173
Other income	141,461,546	125,538,171	111,867,468
Other gain	153,487,985	0	0
Impairment losses under expected credit loss model on financial assets	(3,920,121)	0	(17,109,001)
Other operating expenses	(178,572,464)	(83,794,012)	(103,723,211)
Staff costs	(129,257,473)	(95,585,898)	(94,410,281)
Finance costs	(6,729,278)	(12,825,923)	(21,510,079)
Net fair value changes on derivative financial liability	13,347,266	0	7,765,148
PROFIT BEFORE TAX	1,361,698,473	1,331,176,555	1,001,420,217
Income tax credit/(expense)	(104,984,438)	(109,295,037)	137,540,767
PROFIT FOR THE YEAR	1,256,714,035	1,221,881,518	1,138,960,984
Attributable to:
- Ordinary shareholders	1,110,007,521	1,096,452,084	1,059,973,270
- Holders of perpetual securities	122,971,145	125,742,843	78,987,714
Non-controlling interests	23,735,369	(313,409)	0
PROFIT FOR THE YEAR	1,256,714,035	1,221,881,518	1,138,960,984
EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT
PROFIT FOR THE YEAR	1,256,714,035	1,221,881,518	1,138,960,984
Item that may be reclassified subsequently to profit or loss
Exchange differences on translation of foreign operations	1,670,568	738,972	1,022,840
Cumulative exchange differences reclassified to profit or loss upon disposal of foreign operations	121,623
OTHER COMPREHENSIVE INCOME FOR THE YEAR	1,792,191	738,972	1,022,840
TOTAL COMPREHENSIVE INCOME FOR THE YEAR	1,258,506,226	1,222,620,490	1,139,983,824
Attributable to:
—Ordinary shareholders	1,113,282,452	1,096,896,235	1,060,996,110
—Holders of perpetual securities	122,971,145	125,742,843	78,987,714
Non-controlling interests	22,252,629	(18,588)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR	1,258,506,226	1,222,620,490	1,139,983,824
Class A Ordinary Shares [Member]
Attributable to:
- Ordinary shareholders	$ 513,186,052	$ 299,742,816	$ 249,206,548
EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT
Basic	$ 3.71	$ 4.81	$ 4.34
Diluted	$ 3.71	$ 4.81	$ 4.22
Class B Ordinary Shares [Member]
Attributable to:
- Ordinary shareholders	$ 596,821,469	$ 796,709,268	$ 810,766,722
EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT
Basic	$ 3.71	$ 4.81	$ 4.34
Diluted	$ 3.71	$ 4.81	$ 4.34

Consolidated Statements Of Pr_2

Consolidated Statements Of Profit Or Loss And Other Comprehensive Income (Parenthetical) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Comprehensive Income [Line Items]
Income generated from related parties	$ 9,020,655	$ 105,448,459	$ 128,419,020
Disposal gain generated from related parties	0	125,112,176	82,948,508
Digital Solutions and Other Services Income [Member]
Other Comprehensive Income [Line Items]
Income generated from related parties	12,499,860	0	0
Fashion and luxury media advertising and marketing services [Member]
Other Comprehensive Income [Line Items]
Income generated from related parties	$ 22,616,160	$ 0	$ 0

Consolidated Statements Of Fina

Consolidated Statements Of Financial Position - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Current assets
Accounts receivable	$ 187,673,616	$ 86,514,680
Prepayments, deposits and other receivables	968,662,540	21,916,382
Due from immediate holding company	2,239,358,702	2,144,975,230
Derivative financial assets	1,443,134,162	969,894,519
Tax recoverable	3,099,712	0
Other assets	9,620,468	136,065,738
Restricted cash	3,239,362	0
Cash and bank balances	1,078,411,335	526,206,108
Total current assets	5,933,199,897	3,885,572,657
Non-current assets
Property, plant and equipment	90,078	67,131
Goodwill	58,675,041	0
Intangible assets	756,131,422	15,171,170
Financial assets at fair value through profit or loss	1,523,195,334	2,786,027,085
Total non-current assets	2,338,091,875	2,801,265,386
Total assets	8,271,291,772	6,686,838,043
Current liabilities
Accounts payable	82,315,173	155,020,918
Bank borrowings	156,910,059	388,870,500
Other payables and accruals	131,795,895	92,225,549
Provisions	31,805,843	0
Tax payable	22,482,162	136,124,845
Total current liabilities	425,309,132	772,241,812
Non-current liabilities
Bank borrowings	3,569,042	0
Deferred tax liabilities	25,785,453	0
Derivative financial liability	0	13,752,673
Convertible bond	0	111,970,384
Total non-current liabilities	29,354,495	125,723,057
Total liabilities	454,663,627	897,964,869
Equity
Treasury shares	(7,500,000,000)	(5,000,000,000)
Capital reserve	7,734,456,434	4,551,183,728
Exchange reserve	4,741,922	1,466,991
Retained profits	5,559,497,516	4,449,489,995
Total equity attributable to ordinary shareholders of the Company	5,798,991,732	4,002,333,416
Non-controlling interests	247,242,319	15,496,320
Perpetual securities	1,770,394,094	1,771,043,438
Total equity	7,816,628,145	5,788,873,174
Total liabilities and equity	8,271,291,772	6,686,838,043
Class A ordinary shares [Member]
Equity
Share capital	92,706	48,838
Class B Ordinary Shares [Member]
Equity
Share capital	$ 203,154	$ 143,864

Consolidated Statements Of Fi_2

Consolidated Statements Of Financial Position (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Class A ordinary shares [Member]
Disclosure of classes of share capital [line items]
Common stock par or stated value per share	$ 0.0001	$ 0.0001
Common stock shares authorised	8,000,000,000	8,000,000,000
Common stock shares issued	144,077,210	62,327,851
Common stock shares outstanding	144,077,210	62,327,851
Class B ordinary shares [Member]
Disclosure of classes of share capital [line items]
Common stock par or stated value per share	$ 0.0001	$ 0.0001
Common stock shares authorised	2,000,000,000	2,000,000,000
Common stock shares issued	233,526,979	183,283,628
Common stock shares outstanding	233,526,979	183,283,628

Consolidated Statements Of Chan

Consolidated Statements Of Changes In Equity - HKD ($)	Total	Share capital	Capital reserve	Treasury Shares	Exchange reserve	Retained profits	Equity attributable to ordinary shareholders of the Company	Equity attributable to holders of perpetual securities	Non-controlling interests
Beginning balance at Dec. 31, 2019	$ 6,828,494,944	$ 192,702	$ 4,551,187,228	$ 0	$ 0	$ 2,277,115,014	$ 6,828,494,944	$ 0	$ 0
Profit for the year	1,138,960,984					1,059,973,270	1,059,973,270	78,987,714	0
Exchange differences on translation of foreign operations	1,022,840				1,022,840		1,022,840
Other comprehensive income for the year	1,022,840
Total comprehensive income for the year	1,139,983,824				1,022,840	1,059,973,270	1,060,996,110	78,987,714
Issuance of perpetual securities (Note 27)	1,818,450,452							1,818,450,452
Distribution to holders of perpetual securities (Note 27)	(62,753,625)							(62,753,625)
Ending balance at Dec. 31, 2020	9,724,175,595	192,702	4,551,187,228	0	1,022,840	3,337,088,284	7,889,491,054	1,834,684,541	0
Profit for the year	1,221,881,518					1,096,452,084	1,096,452,084	125,742,843	(313,409)
Exchange differences on translation of foreign operations	738,972				444,151		444,151		294,821
Other comprehensive income for the year	738,972
Redemption of perpetual securities (Note 27)	(49,154,565)					15,949,627	15,949,627	(65,104,192)
Capital injection by non-controlling interest	15,511,408		(3,500)				(3,500)		15,514,908
Total comprehensive income for the year	1,222,620,490				444,151	1,096,452,084	1,096,896,235	125,742,843	(18,588)
Distribution to holders of perpetual securities (Note 27)	(124,279,754)							(124,279,754)
Repurchase of shares from immediate holding company (Note 26)	(5,000,000,000)			(5,000,000,000)			(5,000,000,000)
Ending balance at Dec. 31, 2021	5,788,873,174	192,702	4,551,183,728	(5,000,000,000)	1,466,991	4,449,489,995	4,002,333,416	1,771,043,438	15,496,320
Profit for the year	1,256,714,035					1,110,007,521	1,110,007,521	122,971,145	23,735,369
Other comprehensive income for the year	1,792,191				3,274,931		3,274,931		(1,482,740)
Total comprehensive income for the year	1,258,506,226				3,274,931	1,110,007,521	1,113,282,452	122,971,145	22,252,629
Conversion of convertible bond (Note 25)	112,806,493	1,447	112,805,046				112,806,493
Distribution to holders of perpetual securities (Note 27)	(123,620,489)							(123,620,489)
Acquisition of AMTD Digital under common control (Note 34)	(5,939,197,576)		(6,049,339,914)				(6,049,339,914)		110,142,338
Issuance of shares (Note 27)	391,857,922	9,156	391,848,766				391,857,922
Issuance of shares for acquisition of AMTD Digital (Note 34)	7,756,228,581	92,555	7,756,136,026				7,756,228,581		0
Issuance of shares by AMTD Digital upon listing	1,085,052,667		662,788,466				662,788,466		422,264,201
Disposal of subsidiaries	(13,878,853)								(13,878,853)
Repurchase of shares by a subsidiary			309,034,316				309,034,316		(309,034,316)
Repurchase of shares from immediate holding company (Note 26)	(2,500,000,000)			(2,500,000,000)			(2,500,000,000)		0
Ending balance at Dec. 31, 2022	$ 7,816,628,145	$ 295,860	$ 7,734,456,434	$ (7,500,000,000)	$ 4,741,922	$ 5,559,497,516	$ 5,798,991,732	$ 1,770,394,094	$ 247,242,319

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax	$ 1,361,698,473	$ 1,331,176,555	$ 1,001,420,217
Adjustments for:
Interest income	(127,308,396)	(116,078,163)	(101,226,862)
Finance costs	6,729,278	12,825,923	21,510,079
Depreciation	96,115	44,226	30,374
Amortization	5,688,143
Dividend income	(50,213,509)	(48,711,208)	(88,078,159)
Gain related to disposed investment	(173,129,345)	(125,112,176)	(82,948,508)
Gain from a bargain purchase	(37,966,405)
Gain from disposal of subsidiaries	(115,521,580)
Net fair value changes on financial assets at fair value through profit or loss (except derivative financial asset)	161,406,875	(597,551,244)	31,054,945
Net fair value changes on derivative financial asset	(484,760,273)	54,008,047	(371,305,326)
Net fair value changes on derivative financial liability	(13,347,266)	0	(7,765,148)
Impairment losses under expected credit loss model on financial assets	3,920,121		17,109,001
Operating cash flows before changes in working capital	537,292,231	510,601,960	419,800,613
Decrease/(increase) in accounts receivable	(227,888,044)	(9,164,430)	251,920,323
Decrease in prepayments, deposits and other receivables	89,589,897	2,956,009	11,568,581
Decrease in other payables and accruals	(89,143,854)	(36,178,634)	(49,718,674)
Decrease in financial assets at fair value through profit or loss			972,215,580
Decrease in derivative financial asset			618,682,641
Decrease in restricted cash	507,461
Decrease in provisions	(739,547)
Changes in accounts payable and other assets	60,324,886	14,278,153	(241,859,529)
Cash generated from operations	369,943,030	482,493,058	1,982,609,535
Profits tax paid	(242,717,404)	(96,460,047)	(76,778,218)
Dividend received	50,213,509	48,711,208	88,078,159
Interest received	31,784,569	15,379	67,783
Net cash generated from operating activities	209,223,704	434,759,598	1,993,977,259
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of items of property, plant and equipment	(12,848)		(110,734)
Purchase of financial assets at fair value through profit or loss	(37,476,390)	(9,968,000)
Increase in amount due from immediate holding company	(535,885,128)	(348,701,497)	(3,581,230,632)
Acquisition of subsidiaries, net of cash acquired	103,912,858
Cash disposed of upon disposal of subsidiaries	(144,050,060)
Receipt of return from movie income right investments	20,899,338
Proceeds from disposal of financial assets at fair value through profit or loss	15,965,179		0
Net cash used in investing activities	(576,647,051)	(358,669,497)	(3,581,341,366)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issue of shares	195,265,523
Proceeds from listing of a subsidiary	1,085,052,667
Repayment of bank borrowings	(233,118,919)
Repayment of margin loans		0	(317,722,438)
Redemption of perpetual securities		(49,154,565)
Proceeds from bank borrowings		155,926,000	232,280,000
Net proceeds from perpetual securities			1,436,368,339
Distribution to perpetual securities holders	(123,620,489)	(124,279,754)	(62,753,625)
Financing costs paid	(6,264,231)	(4,662,214)	(13,765,758)
Capital injection by non-controlling interest		15,511,408
Net cash flows generated from (used in) financing activities	917,314,551	(6,659,125)	1,274,406,518
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	549,891,204	69,430,976	(312,957,589)
Cash and cash equivalents at beginning of year	526,206,108	453,966,764	766,430,471
Effect of foreign exchange rate change, net	2,314,023	2,808,368	493,882
CASH AND CASH EQUIVALENTS AT END OF YEAR	1,078,411,335	526,206,108	453,966,764
ANALYSIS OF BALANCES OF CASH AND CASH EQUIVALENTS
Cash and bank balances	$ 1,078,411,335	$ 526,206,108	$ 453,966,764

Corporate Information

Corporate Information	12 Months Ended
	Dec. 31, 2022
Corporate Information [Abstract]
Corporate Information	1 CORPORATE INFORMATION AMTD IDEA Group (the “Company”) is a limited liability company incorporated in Cayman Islands on February 4, 2019. The Company completed its initial public offering on New York Stock Exchange on August 5, 2019 and its shares are listed on Singapore Exchange on April 8, 2020. The Company is an investment holding company. The Company and its subsidiaries (collectively referred to as the “Group”) are involved in the provision of capital market solutions services, digital solutions and other services, fashion and luxury media advertising and marketing services, and strategic investment. The Company’s immediate holding company is AMTD Group Inc. (formerly known as AMTD Group Company Limited) (“AMTD Group”), a private company incorporated in the British Virgin Islands (“BVI”). Prior to December 31, 2020, the Company’s ultimate holding company was L.R. Capital Group Inc. (“L.R. Capital”), a private company incorporated in the Cayman Islands. On December 31, 2020, AMTD Group and L.R. Capital entered into a share repurchase agreement, where AMTD Group has repurchased certain shares previously alloted to L.R. Capital. From then onwards, AMTD Group became the ultimate holding company of the Group. Information about principal subsidiaries Particulars of the Company’s principal subsidiaries are as follows: Name Place of Issued and Percentage of equity attributable Principal activities 2021 2022 Direct Indirect Direct Indirect AMTD International Holding Group Limited (“AMTD IHG”) Hong Kong (“HK”) HK$500,000 100 % — 100 % — Investment holding and provision of capital market solutions services AMTD Global Markets Limited HK HK$1,561,610,980 — 100 % — — Provision of capital market solutions services AMTD Strategic Investment Limited HK HK$1 — 100 % — 100 % Strategic investment AMTD Investment Solutions Group HK HK$1 — 100 % — 100 % Strategic investment AMTD Overseas HK HK$1 — 100 % — 100 % Strategic investment AMTD Fintech Investment Limited HK HK$1 — 100 % — 100 % Strategic investment AMTD Investment Inc. Cayman Islands US$1 100 % — 100 % — Investment holding AMTD Strategic Investment (BVI) Limited BVI US$1 — 100 % — 100 % Investment holding AMTD Investment Solutions Group (BVI) Limited BVI US$1 — 100 % — 100 % Investment holding AMTD IDEA International Limited BVI US$1 — 100 % — 100 % Investment holding AMTD Fintech Investment (BVI) Limited BVI US$1 — 100 % — 100 % Investment holding Name Place of Issued and Percentage of equity attributable Principal activities 2021 2022 Direct Indirect Direct Indirect L’Officiel Inc. SAS (“L’Officiel”) France EUR6,960,100 — — — 100 % Investment holding and provision of fashion and luxury media advertising and marketing services AMTD Digital Inc. (“AMTD Digital”) Cayman Islands US$7,658 — — 84.9 %* — Investment holding AMTD Biomedical Investment Limited BVI US$1 — — — 84.9 % Investment holding AMTD Digital Media Holdings Limited BVI US$1 — — — 84.9 % Investment holding AMTD Digital Media Limited HK HK$1 — — — 84.9 % Provision of digital solutions and other services AMTD Risk Solutions Group Limited HK HK$300,000 — — — 84.9 % Provision of digital solutions and other services * During the year ended December 31, 2022, the Company acquired 82.7% equity interest in AMTD Digital, a fellow subsidiary, by issuing new Class A and Class B shares to the selling shareholders of AMTD Digital. Upon completion of the foregoing transaction, the Company owned 97.1% of AMTD Digital, and AMTD Digital became a consolidated subsidiary of the Group. AMTD Digital has been considered as business under IFRS 3 Business Combination. Since the Group and AMTD Digital are under common control of AMTD Group, the acquisition of AMTD Digital has been accounted for as business combination under common control which has been detailed in N After the completion of the listing of AMTD Digital in July 2022 , private placement in October 2022 and shares repurchased in December 2022,

Basis of Presentation

Basis of Presentation	12 Months Ended
	Dec. 31, 2022
Basis of Presentation [Abstract]
Basis of Presentation	2.1 BASIS OF PRESENTATION Basis of preparation The Group’s consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRSs”) and the Interpretations of the International Financial Reporting Interpretations Committee (“IFRIC”) issued by the International Accounting Standards Board (“IASB”). For the purpose of preparation of the consolidated financial statements, information is considered material if such information is reasonably expected to influence decision made by primary users. The consolidated financial statements have been prepared on a historical cost basis, except for financial assets at fair value through profit or loss, derivative financial assets and derivative financial liability which are measured at fair value. The consolidated financial statements are presented in Hong Kong Dollars (“HK$”) unless otherwise stated, which is also the functional currency of the Company. 2.2 APPLICATION OF AMENDMENTS TO IFRSs Amendments to IFRSs that are mandatorily effective for current year In the current year, the Group has applied the following amendments to IFRSs issued by the International Accounting Standards Board (“IASB”) for the first time, which are mandatorily effective for the annual periods beginning on or after January 1, 2022 for the preparation of the consolidated financial statements: Amendments to IFRS 3 Reference to the Conceptual Framework Amendment to IFRS 16 Covid-19-Related Amendments to IAS 16 Property, Plant and Equipment – Proceeds before Intended Use Amendments to IAS 37 Onerous Contracts – Cost of Fulfilling a Contract Amendments to IFRS Standards Annual Improvements to IFRS Standards 2018-2020 Except as described below, the application of the amendments to IFRSs in the current year has had no material impact on the Group’s financial positions and performance for the current and prior years and/or on the disclosures set out in these consolidated financial statements. Impacts on application of Amendments to IFRS 3 Reference to the Conceptual Framework The Group has applied the amendments to business combinations for which the acquisition date was on or after January 1, 2022. The amendments update a reference in IFRS 3 Business Combinations so that it refers to the Conceptual Framework for Financial Reporting issued by International Accounting Standards Board in March 2018 (the “Conceptual Framework”) instead of the International Accounting Standards Committee’s Framework for the Preparation and Presentation of Financial Statements (replaced by the Conceptual Framework for Financial Reporting issued in September 2010), add a requirement that, for transactions and events within the scope of IAS 37 Provisions, Contingent Liabilities and Contingent Assets or IFRIC 21 Levies, an acquirer applies IAS 37 or IFRIC 21 instead of the Conceptual Framework to identify the liabilities it has assumed in a business combination and add an explicit statement that an acquirer does not recognise contingent assets acquired in a business combination. The application of the amendments in the current year has had no impact on the Group’s consolidated financial statements. 2.3 ISSUED BUT NOT YET EFFECTIVE IFRSs New and amendments to IFRSs in issue but not yet effective The Group has not early applied the following new and amendments to IFRSs and International Accounting Standards (“IASs”) that have been issued but are not yet effective: IFRS 17 (including the June 2020 and December 2021 Amendments to IFRS 17) Insurance Contracts 1 Amendments to IFRS 10 and IAS 28 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture 2 Amendment to IFRS 16 Lease Liability in a Sale and Leaseback 3 Amendments to IAS 1 Classification of Liabilities as Current or Non-current 3 Amendments to IAS 1 Non-current 3 Amendments to IAS 1 and IFRS Practice Disclosure of Accounting Policies 1 Amendments to IAS 8 Definition of Accounting Estimate 1 Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from a Single Transaction 1 1 Effective for annual periods beginning on or after January 1, 2023 2 Effective for annual periods beginning on or after a date to be determined 3 Effective for annual periods beginning on or after January 1, 2024 Except for the impact mentioned below, the directors of the Company anticipate that the application of the other new and amendments to IFRSs will have no material impact on the consolidated financial statements in the foreseeable future. Amendments to IAS 1 Classification of Liabilities as Current or Non-current (the “2020 Amendments”) and Amendments to IAS 1 Non-current Liabilities with Covenants (the “2022 Amendments”) The 2020 Amendments provide clarification and additional guidance on the assessment of right to defer settlement for at least twelve months from reporting date for classification of liabilities as current or non-current, • clarify that if a liability has terms that could, at the option of the counterparty, result in its settlement by the transfer of the entity’s own equity instruments, these terms do not affect its classification as current or non-current • specify that the classification of liabilities as current or non-current For rights to defer settlement for at least twelve months from reporting date which are conditional on the compliance with covenants, the requirements introduced by the 2020 Amendments have been modified by the 2022 Amendments. The 2022 Amendments specify that only covenants with which an entity is required to comply with on or before the end of the reporting period affect the entity’s right to defer settlement of a liability for at least twelve months after the reporting date. Covenants which are required to comply with only after the reporting period do not affect whether that right exists at the end of the reporting period In addition, the 2022 Amendments specify the disclosure requirements about information that enables users of financial statements to understand the risk that the liabilities could become repayable within twelve months after the reporting period, if the entity classifies liabilities arising from loan arrangements as non-current The 2022 Amendments also defer the effective date of applying the 2020 Amendments to annual reporting periods beginning on or after 1 January 2024. The 2022 Amendments, together with the 2020 Amendments, are effective for annual reporting periods beginning on or after 1 January 2024, with early application permitted. If an entity applies the 2020 amendments for an earlier period after the issue of the 2022 Amendments, the entity should also apply the 2022 Amendments for that period. Based on the Group’s outstanding liabilities as at December 31, 2022 and the related terms and conditions stipulated in the agreements between the Group and the related lenders, the application of the 2020 and 2022 Amendments will not result in reclassification of the Group’s liabilities. Amendments to IAS 1 and IFRS Practice Statement 2 “Disclosure of Accounting Policies” IAS 1 is amended to replace all instances of the term “significant accounting policies” with “material accounting policy information”. Accounting policy information is material if, when considered together with other information included in an entity’s financial statements, it can reasonably be expected to influence decisions that the primary users of general purpose financial statements make on the basis of those financial statements. The amendments also clarify that accounting policy information may be material because of the nature of the related transactions, other events or conditions, even if the amounts are immaterial. However, not all accounting policy information relating to material transactions, other events or conditions is itself material. If an entity chooses to disclose immaterial accounting policy information, such information must not obscure material accounting policy information. IFRS Practice Statement 2 “Making Materiality Judgements” (the “Practice Statement”) is also amended to illustrate how an entity applies the “four-step materiality process” to accounting policy disclosures and to judge whether information about an accounting policy is material to its financial statements. Guidance and examples are added to the Practice Statement. The application of the amendments is not expected to have significant impact on the financial position or performance of the Group but may affect the disclosures of the Group’s significant accounting policies. The impacts of application, if any, will be disclosed in the Group’s future consolidated financial statements. Amendments to IAS 8 “Definition of Accounting Estimates” The amendments define accounting estimates as “monetary amounts in financial statements that are subject to measurement uncertainty”. An accounting policy may require items in financial statements to be measured in a way that involves measurement uncertainty — that is, the accounting policy may require such items to be measured at monetary amounts that cannot be observed directly and must instead be estimated. In such a case, an entity develops an accounting estimate to achieve the objective set out by the accounting policy. Developing accounting estimates involves the use of judgements or assumptions based on the latest available, reliable information. In addition, the concept of changes in accounting estimates in IAS 8 is retained with additional clarifications. The application of the amendments is not expected to have significant impact on the Group’s consolidated financial statements. 2.4 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries for the years ended December 31, 2020, 2021 and 2022. A subsidiary is an entity, directly or indirectly, controlled by the Company. Control is achieved when the Group has power over investee, is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee (i.e., existing rights that give the Group the current ability to direct the relevant activities of the investee). The Group reassesses whether or not it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control described above. The financial statements of the subsidiaries are prepared for the same reporting period as the Company, using consistent accounting policies. The results of subsidiaries are consolidated from the date on which the Group obtains control, and continue to be consolidated until the date that such control ceases. Profit or loss and each item of other comprehensive income, if any, is attributed to the owners of the parent of the Group (including ordinary shareholders and holders of perpetual securities) and to the non-controlling non-controlling Non-controlling Changes in the Group’s interests in existing subsidiaries Changes in the Group’s interests in subsidiaries that do not result in the Group losing control over the subsidiaries are accounted for as equity transactions. The carrying amounts of the Group’s relevant components of equity and the non-controlling re-attribution non-controlling non-controlling Any difference between the amount by which the non-controlling When the Group loses control of a subsidiary, the assets and liabilities of that subsidiary and non-controlling comprehensive income in relation to that subsidiary are accounted for as if the Group had directly disposed of the related assets or liabilities of the subsidiary (i.e. reclassified to profit or loss or transferred to another category of equity as specified/permitted by applicable IFRSs). The fair value of any investment retained in the former subsidiary at the date when control is lost is regarded as the fair value on initial recognition for subsequent accounting under IFRS 9 “Financial Instruments” or, when applicable, the cost on initial recognition of an investment in an associate or a joint venture. Business combinations A business is an integrated set of activities and assets which includes an input and a substantive process that together significantly contribute to the ability to create outputs. The acquired processes are considered substantive if they are critical to the ability to continue producing outputs, including an organized workforce with the necessary skills, knowledge, or experience to perform the related processes or they significantly contribute to the ability to continue producing outputs and are considered unique or scarce or cannot be replaced without significant cost, effort, or delay in the ability to continue producing outputs. Acquisitions of businesses, other than business combination under common control, are accounted for using the acquisition method. The consideration transferred in a business combination is measured at fair value, which is calculated as the sum of the acquisition-date fair values of the assets transferred by the Group, liabilities incurred by the Group to the former owners of the acquiree and the equity interests issued by the Group in exchange for control of the acquiree. Acquisition-related costs are generally recognized in profit or loss as incurred. For business combinations in which the acquisition date is on or after January 1, 2022, the identifiable assets acquired and liabilities assumed must meet the definitions of an asset and a liability in the Conceptual Framework except for transactions and events within the scope of IAS 37 or IFRIC 21, in which the Group applies IAS 37 or IFRIC 21 instead of the Conceptual Framework to identify the liabilities it has assumed in a business combination. Contingent assets are not recognized. At the acquisition date, the identifiable assets acquired and the liabilities assumed are recognized at their fair value. Goodwill is measured as the excess of the sum of the consideration transferred, the amount of any non-controlling re-assessment, non-controlling Non-controlling non-controlling transaction-by-transaction non-controlling Business combinations under common cont rol The Company accounts for the business combination with entities under common control using historical carrying values and under a prospective basis (referred to herein as predecessor accounting) which involves the Company accounting for the combination prospectively from the date on which it occurred. For predecessor accounting: • Assets and liabilities of the acquired entity are stated at carrying amounts. Fair value measurement is not required. • Income statement reflects the results of the combining parties. • No new goodwill arises in predecessor accounting. • Any difference between the consideration given and the aggregate carrying value of the assets and liabilities of the acquired entity at the date of the transaction is recognized in capital reserve. Goodwill Goodwill arising on an acquisition of a business is carried at cost as established at the date of acquisition of the business (see the accounting policy above) less accumulated impairment losses, if any. For the purposes of impairment testing, goodwill is allocated to each of the Group’s cash-generating units (or groups of cash-generating units) that is expected to benefit from the synergies of the combination, which represent the lowest level at which the goodwill is monitored for internal management purposes and not larger than an operating segment. A cash-generating unit (or groups of cash-generating units) to which goodwill has been allocated is tested for impairment annually or more frequently when there is indication that the unit may be impaired. For goodwill arising on an acquisition in a reporting period, the cash-generating unit (or groups of cash-generating units) to which goodwill has been allocated is tested for impairment before the end of that reporting period. If the recoverable amount is less than its carrying amount, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated and then to the other assets on a pro-rata On disposal of the relevant cash-generating unit or any of the cash-generating unit within the group of cash-generating units, the attributable amount of goodwill is included in the determination of the amount of profit or loss on disposal. When the Group disposes of an operation within the cash-generating unit (or a cash-generating unit within a group of cash-generating units), the amount of goodwill disposed of is measured on the basis of the relative values of the operation (or the cash-generating unit) disposed of and the portion of the cash-generating unit (or the group of cash-generating units) retained. Fair value measurement The Group measures its derivative financial instruments, movie income right investments and equity investments at fair value at the end of each reporting period. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either in the principal market for the asset or liability, or in the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by the Group. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. The Group uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. All assets and liabilities for which fair value is measured or disclosed in the consolidated financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: Level 1 — based on quoted prices (unadjusted) in active markets for identical assets or liabilities Level 2 — based on valuation techniques for which the lowest level input that is significant to the fair value measurement is observable, either directly or indirectly Level 3 — based on valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable For assets and liabilities that are recognized in the consolidated financial statements on a recurring basis, the Group determines whether transfers have occurred between levels in the hierarchy by reassessing categorization (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period. Impairment of non-financial At the end of the reporting period, the Group reviews the carrying amounts of its property, plant and equipment and intangible assets with finite useful lives to determine whether there is any indication that these assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the relevant asset is estimated in order to determine the extent of the impairment loss (if any). Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment at least annually, and whenever there is an indication that they may be impaired. The recoverable amount of property, plant and equipment, and intangible assets are estimated individually. When it is not possible to estimate the recoverable amount individually, the Group estimates the recoverable amount of the cash-generating unit to which the asset belongs. In testing a cash-generating unit for impairment, corporate assets are allocated to the relevant cash-generating unit when a reasonable and consistent basis of allocation can be established, or otherwise they are allocated to the smallest group of cash generating units for which a reasonable and consistent allocation basis can be established. The recoverable amount is determined for the cash-generating unit or group of cash-generating units to which the corporate asset belongs, and is compared with the carrying amount of the relevant cash-generating unit or group of cash-generating units. Recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax If the recoverable amount of an asset (or a cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or a cash-generating unit) is reduced to its recoverable amount. For corporate assets or portion of corporate assets which cannot be allocated on a reasonable and consistent basis to a cash-generating unit, the Group compares the carrying amount of a group of cash-generating units, including the carrying amounts of the corporate assets or portion of corporate assets allocated to that group of cash-generating units, with the recoverable amount of the group of cash-generating units. In allocating the impairment loss, the impairment loss is allocated first to reduce the carrying amount of any goodwill (if applicable) and then to the other assets on a pro-rata Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit or a group of cash-generating units) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset (or a cash-generating unit or a group of cash-generating units) in prior years. A reversal of an impairment loss is recognized immediately in profit or loss. Related parties A party is considered to be related to the Group if: (a) the party is a person or a close member of that person’s family and that person (i) has control or joint control over the Group; (ii) has significant influence over the Group; or (iii) is a member of the key management personnel of the Group or of a parent of the Group; or (b) the party is an entity where any of the following conditions applies: (i) the entity and the Group are members of the same group; (ii) one entity is an associate or joint venture of the other entity (or of a parent, subsidiary or fellow subsidiary of the other entity); (iii) the entity and the Group are joint ventures of the same third party; (iv) one entity is a joint venture of a third entity and the other entity is an associate of the third entity; (v) the entity is a post-employment benefit plan for the benefit of employees of either the Group or an entity related to the Group; and the sponsoring employers of the post-employment benefit plan; (vi) the entity is controlled or jointly controlled by a person identified in (a); (vii) a person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity); and (viii) the entity, or any member of a group of which it is a part, provides key m Property, plant and equipment and depreciation Property, plant and equipment are stated at cost less accumulated depreciation and any impairment losses. The cost of an item of property, plant and equipment comprises its purchase price and any directly attributable costs of bringing the asset to its working condition and location for its intended use. Expenditure incurred after items of property, plant and equipment have been put into operation, such as repairs and maintenance, is normally charged to profit or loss in the year in which it is incurred. In situations where the recognition criteria are satisfied, the expenditure for a major inspection is capitalized in the carrying amount of the asset as a replacement. Where significant parts of property, plant and equipment are required to be replaced at intervals, the Group recognizes such parts as individual assets with specific useful lives and depreciates them accordingly. Depreciation is calculated on a straight-line basis to write off the cost of each item of property, plant and equipment to its residual value over its estimated useful life. The principal annual rates used for this purpose are as follows: Furniture and fixtures Computer equipment 33 1 3 Where parts of an item of property, plant and equipment have different useful lives, the cost of that item is allocated on a reasonable basis among the parts and each part is depreciated separately. Residual values, useful lives and the depreciation method are reviewed, and adjusted if appropriate, at least at each financial year end. An item of property, plant and equipment including any significant part initially recognized is derecognized upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss on disposal or retirement recognized in profit or loss in the year the asset is derecognized is the difference between the net sales proceeds and the carrying amount of the relevant asset. Intangible assets (other than goodwill) Intangible assets acquired separately Intangible assets with finite useful lives that are acquired separately are carried at costs less accumulated amortization. Amortization for intangible assets with finite useful lives is recognized on a straight-line basis over their estimated useful lives. The estimated useful life and amortization method are reviewed at the end of each reporting period, with the effect of any changes in estimate being accounted for on a prospective basis. Intangible assets with indefinite useful lives that are acquired separately are carried at cost less any subsequent accumulated impairment losses. Intangible assets acquired in a business combination Intangible assets acquired in a business combination are recognized separately from goodwill and are initially recognized at their fair value at the acquisition date (which is regarded as their cost). Subsequent to initial recognition, intangible assets acquired in a business combination with finite useful lives are reported at costs less accumulated amortization and any accumulated impairment losses being their fair value at the date of the revaluation less subsequent accumulated amortization and any accumulated impairment losses, on the same basis as intangible assets that are acquired separately. Intangible assets acquired in a business combination with indefinite useful lives are carried at cost less any subsequent accumulated impairment losses. An intangible asset is derecognized on disposal, or when no future economic benefits are expected from use or disposal. Gains and losses arising from derecognition of an intangible asset, measured as the difference between the net disposal proceeds and the carrying amount of the asset, are recognized in profit or loss when the asset is derecognized. Financial instruments - Investments and other financial assets Initial recognition and measurement The classification of financial assets at initial recognition depends on the financial asset’s contractual cash flow characteristics and the Group’s business model for managing them. With the exception of accounts receivable arising from contracts with customers that do not contain a significant financing component or for which the Group has applied the practical expedient of not adjusting the effect of a significant financing component, the Group initially measures a financial asset at its fair value, plus in the case of a financial asset not at fair value through profit or loss, transaction costs. Accounts receivable that do not contain a significant financing component or for which the Group has applied the practical expedient are measured at the transaction price determined under IFRS 15 Revenue from Contracts with Customers (“IFRS 15”) in accordance with the policies set out for “Revenue recognition” below. In order for a financial asset to be classified and measured at amortized cost, the contractual terms needs to give rise to cash flows that are solely payments of principal and interest (“SPPI”) on the principal amount outstanding and the financial asset needs to be held within a business model whose objective is to collect contractual cash flows. The Group’s business model for managing financial assets refers to how it manages its financial assets in order to generate cash flows. The business model determines whether cash flows will result from collecting contractual cash flows, selling the financial assets, or both. Financial assets classified and measured at amortized cost are held within a business model with the objective to hold financial assets in order to collect contractual cash flows. Financial assets classified and measured at fair value through other comprehensive income are held within a business model with the objective to hold financial assets in order to sell and collect contractual cash flows. Financial assets which are not held within the aforementioned business models are classified and measured at fair value through profit or loss. All regular way purchases or sales of financial assets are recognized and derecognized on a trade date basis. Regular way purchases or sales are purchases or sales of financial assets that require delivery of assets within the time frame established by regulation or convention in the marketplace. Subsequent measurement The subsequent measurement of financial assets depends on their classification as follows: Financial assets at amortized cost (debt instruments) Financial assets at amortized cost are subsequently measured using the effective interest method and are subject to impairment. Gains and losses are recognized in the consolidated statements of profit or loss when the asset is derecognized, modified or impaired. The effective interest method is a method of calculating the amortized cost of a financial asset and of allocating interest income and interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts and payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial asset, or, where appropriate, a shorter period, to the net carrying amount on initial recognition. Financial assets at fair value through profit or loss Financial assets at fair value through profit or loss are carried in the consolidated statements of financial position at fair value with net changes in fair value recognized in profit or loss. The amount of realized gains and losses represents the difference between the fair value at the beginning of the year or purchase date in the year and disposal date of the financial instruments, which is recognized in the consolidated statements of profit or loss and included in “dividend and gain related to disposed financial assets at fair value through profit or loss”. This category includes debt investments at fair value through profit or loss, derivative instruments and equity investments which the Group had not irrevocably elected to classify at fair value through other comprehensive income. Dividends income which is derived from Group’s ordinary course of business is recognized as revenue in the consolidated statements of profit or loss when the right of payment has been established, it is probable that the economic benefits associated with the dividend will flow to the Group and the amount of the dividend can be measured reliably. Derecognition of financial assets A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is derecognized (i.e., removed from the Group’s consolidated statements of financial position) when: • the rights to receive cash flows from the asset have expired; or • the Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party under a “pass-through” arrangement; and either (a) the Group has transferred substantially all the risks and rewards of the asset, or (b) the Group has neither transferred nor retained substantially all the risks and rewards of the asset, but has

Significant Accounting Estimate

Significant Accounting Estimates and Judgements	12 Months Ended
	Dec. 31, 2022
Accounting judgements and estimates [Abstract]
Significant Accounting Estimates and Judgements	3. SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGEMENTS The preparation of the Group’s financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and liabilities, and their accompanying disclosures. Uncertainty about these assumptions and estimates could result in outcomes that could require a material adjustment to the carrying amounts of the assets or liabilities affected in the future . Estimation uncertainty The key assumptions concerning the future and other key sources of estimation uncertainty at the end of the reporting period, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are described below: Fair value of unlisted equity investments and movie income right investments The Group’s unlisted equity instruments and movie income right investments are measured at fair value with fair value being determined based on significant unobservable inputs using valuation techniques. Judgment and estimation are required in establishing the relevant valuation techniques and the relevant inputs thereof. Changes in assumptions relating to these factors could result in material adjustments to the fair value of these instruments. As of December 31, 2021, the fair value of the unlisted equity investment-Investment D (Note 13) and Investment E (Note 13) were estimated using an equity valuation allocation (“EVA”) valuation technique relying on the hybrid method, considering two scenarios in a probability weighted expected return method (“PWERM”) framework, and using the option pricing method (“OPM”) to allocate value in the IPO exit scenario. The valuation requires the management to consider two scenarios in its PWERM analysis which was non-IPO As of December 31, 2020, the fair value of unlisted equity investment-Investment F (Note 13) was based on the prices of recent transactions of the same instruments with the same rights of the same issuers. During the year ended December 31, 2021, the valuation technique for the fair value of Investment F has been changed due to the lack of recent transaction price. Thus, the instruments were transferred from Level 2 to Level 3 category. The fair value of this investment as at December 31, 2021 was measured using an EVA valuation technique relying on P/E ratio as the valuation multiple and discount of lack of marketability. As of December 31, 2021, the fair value of unlisted equity investment — Investment G (Note 13) was determined by the recent transaction price. As of December 31, 2021 and 2022, the fair value of unlisted equity investment-Investment H (Note 13) was estimated using an asset-based valuation. The asset-based approach measures the value of Investment H by making reference to the value of individual assets and liabilities. Adjustments are made to the balance sheet based on the differences between the fair value and book value of the assets and liabilities. The adjusted net asset value represents the fair value of Investment H. As of December 31, 2021, the fair value of unlisted equity investment-Investment I (Note 13) were determined by the recent transaction price. During the year ended December 31, 2022, the valuation technique for the fair value of Investment I has been changed due to the lack of recent transaction price. Thus, the instruments were transferred from Level 2 to Level 3 category. The fair value of this investment as at December 31, 2022 was measured using EVA valuation technique applying equity volatility as an input. As of December 31, 2022, the fair value of unlisted equity investment s As of December 31, 2022, the fair value of movie income right investments which have no recent transaction price was determined in accordance with the assumptions including the expected ticket sales performance, expected movie production costs and discount rate. Fair value of derivative financial assets in relation to the Agreements (Note 14) The fair value of the derivative financial assets in relation to the Agreements was estimated using the Geometric Brownian Motion and simulated using the Monte Carlo Simulation (“MCS”) and was determined based on significant observable and unobservable inputs including the current stock price, dividend yield, risk-free rate, volatility of the underlying equity securities and the credit rating of the counterparty on the valuation date. MCS is a financial model that is commonly used to simulate variables that are highly unpredictable. The valuations performed using the MCS require management to estimate the volatility of the underlying equity securities and the credit rating of the counterparty and hence the valuations are subject to estimation uncertainty. The Group classifies the fair value of derivative financial instrument in relation to the Agreements as Level 3. Impairment assessment of goodwill and intangible assets Determining whether goodwill and intangible assets are impaired requires an estimation of the recoverable amount of the cash-generating unit to which goodwill and intangible assets have been allocated, which is the higher of the value in use or fair value less costs of disposal. The value in use calculation requires the Group to estimate the future cash flows from the cash-generating unit and a suitable discount rate in order to calculate the present value. Where the actual future revenue are less than expected, or change in facts and circumstances which results in downward revision of future cash flows or upward revision of discount rate, a material impairment loss or further impairment loss may arise. As at December 31, 2021 and 2022, the carrying amount of goodwill was nil and HK$58,675,041, respectively, and the carrying amount of intangible assets subject to imp air nil and HK$756,131,422, respectively.

Operating Segment Information

Operating Segment Information	12 Months Ended
	Dec. 31, 2022
Disclosure of operating segments [abstract]
Operating Segment Information	4. OPERATING SEGMENT INFORMATION In the prior years, the Group had identified three operating segments, investment banking segment, asset management segment and strategic investment segment. As a result of the business acquisitions in 2022, the Group updated its internal organizational structure and the financial measures provided to the Group’s chief operating decision maker “CODM”. These changes in segment reporting align with the manner in which the Group’s CODM currently receives and uses financial information to allocate resources and evaluate the performance of operating segments. These changes in segment presentation do not affect consolidated statements of financial position, consolidated statements of profit or loss and other comprehensive income or consolidated statements of cash flows. The Group retrospectively revised prior period segment information, to conform to current period presentation. The Group now operates its businesses in four operating segments: capital market solutions segment, digital solutions and other services segment, fashion and luxury media advertising and marketing services segment and strategic investment segment. The following summary describes the operations in each of the Group’s reportable segment: The Group’s reportable and operating segments are therefore as follows: (a) The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements and debt issuances, providing financial advisory services (including but not limited to domestic and cross border advisory services for merger and acquisitions) and providing asset management products and services. (b) The digital solutions and other services segment, which arises from the business combination of AMTD Digital under common control during the current period, provides its institutional and corporate clients with exclusive, paid access to enhance their investor communication, investor relations and corporate communication to potentially maximize their valuation, as well as provides digital financial solution services. (c) The fashion and luxury media advertising and marketing services segment, which arises from the business acquisition of L’Officiel in current period, engages in the provision of print and digital advertising campaigns, licensing, and value-added marketing services including branded content, video production, social media activation, event creation, and experiential marketing, among other services. (d) The strategic investment segment engages in proprietary investments and management of global investment portfolio (including listed and unlisted equity shares investments and movie income right investments). Management monitors the results of the Group’s operating segments separately for the purpose of making decisions about resources allocation and performance assessment. Segment performance is evaluated based on reportable segment result, which is a measure of profit before tax from operations. The profit before tax from operations is measured after allocation of ECL, attributable costs of specialized staff, commission paid to asset management segment consistently with the Group’s profit before tax from operations. Net fair value change on derivative financial liability, other income, other gain and corporate expenses such as staff costs not directly attributable to segment s Segment assets exclude property, plant and equipment, amounts due from immediate holding company, prepayments, deposits and other receivables, tax recoverable, cash and bank balances and other unallocated head office and corporate assets as these assets are managed on a group basis. Segment liabilities exclude tax payable, convertible bond, derivative financial liability, bank borrowings, deferred tax liabilities and other unallocated head office and corporate liabilities as these liabilities are managed on a group basis. Segment revenue and results The For the year ended December 31, 2020 Capital HK$ Strategic Total Segment revenue Revenue —from contract with customers 607,263,125 — 607,263,125 —others — 511,277,048 511,277,048 607,263,125 511,277,048 1,118,540,173 Segment results 565,271,220 511,277,048 1,076,548,268 Unallocated other income 111,867,468 Unallocated finance costs (21,510,079 ) Unallocated net changes in fair value on derivative financial liability 7,765,148 Corporate and other unallocated expenses (173,250,588 ) Profit before tax 1,001,420,217 Other segment information Depreciation 30,374 Capital expenditure 110,734 For the year ended December 31, 2021 Capital Strategic Total HK$ HK$ HK$ Segment revenue Revenue —from contract with customers 680,477,636 — 680,477,636 —others — 717,366,581 717,366,581 680,477,636 717,366,581 1,397,844,217 Segment results 658,504,447 717,366,581 1,375,871,028 Unallocated other income 125,538,171 Unallocated finance costs (12,825,923 ) Corporate and other unallocated expenses (157,406,721 ) Profit before tax 1,331,176,555 Other segment information Depreciation 44,226 For the year ended December 31, 2022 Capital Digital Fashion and Strategic Total HK$ HK$ HK$ HK$ HK$ Segment revenue Revenue —from contract with customers 581,932,693 183,572,996 59,679,071 — 825,184,760 —others — — — 546,696,252 546,696,252 581,932,693 183,572,996 59,679,071 546,696,252 1,371,881,012 Segment results 564,982,684 166,805,327 21,337,768 546,696,252 1,299,822,031 Unallocated other income 141,461,546 Unallocated other gain 153,487,985 Unallocated finance costs (6,729,278 ) Unallocated net changes in fair value on derivative financial liability 13,347,266 Corporate and other unallocated expenses (239,691,077 ) Profit before tax 1,361,698,473 Other segment information Depreciation and amortization 5,784,258 Segment assets and liabilities December 31, December 31, HK$ HK$ Segment assets Capital market solutions 237,529,210 81,323,982 Digital solutions and other services — 184,735,467 Fashion and luxury media advertising and marketing services — 731,083,960 Strategic investment 3,755,921,604 2,966,329,496 Total segment assets 3,993,450,814 3,963,472,905 Unallocated corporate assets 2,693,387,229 4,307,818,867 Total assets 6,686,838,043 8,271,291,772 Segment liabilities Capital market solutions 155,651,880 — Digital solutions and other services — 18,117,399 Fashion and luxury media advertising and marketing services — 181,455,718 Total segment liabilities 155,651,880 199,573,117 Unallocated corporate liabilities 742,312,989 255,090,510 Total liabilities 897,964,869 454,663,627 Geographical information The following table sets forth the Group’s revenue from contract with customers by geographical areas based on the location of the customers: For the year ended December 31, 2020 Capital HK$ China (including Hong Kong) 590,441,983 Others 16,821,142 607,263,125 For the year ended December 31, 2021 Capital HK$ China (including Hong Kong) 676,711,632 Others 3,766,004 680,477,636 For the year ended December 31, 2022 Capital Digital Fashion and Total HK$ HK$ HK$ HK$ China (including Hong Kong) 581,932,693 182,111,835 23,862,618 787,907,146 Europe — — 18,030,423 18,030,423 America — — 9,411,504 9,411,504 Others — 1,461,161 8,374,526 9,835,687 581,932,693 183,572,996 59,679,071 825,184,760 As of December 31, 2022, non-current 66,000 (2021:HK$ ), HK$90,577,000 (2021:Nil) and HK $ (2021: ), for the purpose of geographical information were

Revenue, Other Income And Other

Revenue, Other Income And Other Gain	12 Months Ended
	Dec. 31, 2022
Disclosure of disaggregation of revenue from contracts with customers [abstract]
Revenue, Other Income And Other Gain	5. REVENUE, OTHER INCOME AND OTHER GAIN A. Revenue An analysis of revenue is as follows: For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Revenue from contracts with customers Capital market solutions Underwriting commission 165,472,605 29,051,940 94,528,263 Financial advisory fee 210,852,275 568,045,723 427,723,245 Management fee and performance-based incentive fee 196,352,216 57,230,194 16,791,083 Brokerage and handling fees 33,359,007 25,356,917 42,313,366 Others 1,227,022 792,862 576,736 607,263,125 680,477,636 581,932,693 Digital solutions and other services Insurance brokerage services commission — — 8,145,147 Digital solutions fees — — 175,427,849 — — 183,572,996 Fashion and luxury media advertising and marketing services Fashion and luxury magazines and advertising services income — — 28,254,167 Fashion and luxury media licensing and marketing services income — — 31,424,904 — — 59,679,071 Revenue from other sources Strategic investment Dividend income 88,078,159 48,711,208 50,213,509 Gain related to disposed investments 82,948,508 125,112,176 173,129,345 171,026,667 173,823,384 223,342,854 Net fair value changes on financial assets at fair value through profit or loss -from listed equity shares, at quoted price (371,305,326 ) 54,008,047 (378,012,020 ) -from unlisted equity shares and movie income right investments (note a) 313,561,520 543,543,197 216,605,145 -from unlisted equity linked notes 26,688,861 — — Total net fair value changes on financial assets at fair value through profit or loss 139,971,722 771,374,628 61,935,979 Net fair value changes on derivative financial assets -from derivative financial assets 371,305,326 (54,008,047 ) 484,760,273 511,277,048 717,366,581 546,696,252 Total revenue 1,118,540,173 1,397,844,217 1,371,881,012 Note: (a) For the year ended December 2020, 2021 and 2022, net fair value gain arising from investments in equity securities of related parties are HK$336,403,752, HK$545,199,207and HK$213,791,063, respectively (Note 29(A)(ii)). (i) Disaggregated revenue information The Company assesses revenues based upon type o Segment For the year ended December 31, 2020 Segments Capital Strategic Total HK$ HK$ HK$ Revenue from contracts with customers Capital market solutions Underwriting commission 165,472,605 — 165,472,605 Financial advisory fee 210,852,275 — 210,852,275 Management fee and performance-based incentive fee 196,352,216 — 196,352,216 Brokerage and handling fee s 33,359,007 — 33,359,007 Others 1,227,022 — 1,227,022 Sub-total 607,263,125 — 607,263,125 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — (31,054,945 ) (31,054,945 ) Net fair value changes on derivative financial assets — 371,305,326 371,305,326 Gain related to disposed investments — 82,948,508 82,948,508 Dividend income — 88,078,159 88,078,159 Total 607,263,125 511,277,048 1,118,540,173 Segments Capital HK$ Timing of revenue recognition Services transferred at a point in time 200,058,634 Services transferred over time 407,204,491 Total revenue from contracts with customers 607,263,125 For the year ended December 31, 2021 Segments Capital Strategic Total HK$ HK$ HK$ Revenue from contracts with customers Capital market solutions Underwriting commission 29,051,940 — 29,051,940 Financial advisory fee 568,045,723 — 568,045,723 Management fee and performance-based incentive fee 57,230,194 — 57,230,194 Brokerage and handling fee s 25,356,917 — 25,356,917 Others 792,862 — 792,862 Sub-total 680,477,636 — 680,477,636 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — 597,551,244 597,551,244 Net fair value changes on derivative financial assets — (54,008,047 ) (54,008,047 ) Gain related to disposed investments — 125,112,176 125,112,176 Dividend income — 48,711,208 48,711,208 Total 680,477,636 717,366,581 1,397,844,217 Segments Capital HK$ Timing of revenue recognition Services transferred at a point in time 623,008,452 Services transferred over time 57,469,184 Total revenue from contracts with customers 680,477,636 For the year ended December 31, 2022 Segments Capital Digital Fashion and Strategic Total HK$ HK$ HK$ HK$ HK$ Revenue from contracts with customers Capital market solutions Underwriting commission 94,528,263 — — — 94,528,263 Financial advisory fee 427,723,245 — — — 427,723,245 Management fee and performance-based incentive fee 16,791,083 — — — 16,791,083 Brokerage and handling fee s 42,313,366 — — — 42,313,366 Others 576,736 — — — 576,736 Digital solutions and other services Insurance brokerage services — 8,145,147 — — 8,145,147 Digital solutions fees — 175,427,849 — — 175,427,849 Fashion and luxury media advertising and marketing services Fashion and luxury magazines and advertising services income — — 28,254,167 — 28,254,167 Fashion and luxury media licensing and marketing services income — — 31,424,904 — 31,424,904 Sub-total 581,932,693 183,572,996 59,679,071 — 825,184,760 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — — — (161,406,875 ) (161,406,875 ) Net fair value changes on derivative financial assets — — — 484,760,273 484,760,273 Gain related to disposed investments — — — 173,129,345 173,129,345 Dividend income — — — 50,213,509 50,213,509 Total 581,932,693 183,572,996 59,679,071 546,696,252 1,371,881,012 Segments Capital Digital solutions Fashion and Total HK$ HK$ HK$ HK$ Timing of revenue recognition Services transferred at a point in time 565,141,610 8,145,147 28,254,167 601,540,924 Services transferred over time 16,791,083 175,427,849 31,424,904 223,643,836 Total revenue from contracts with customers 581,932,693 183,572,996 59,679,071 825,184,760 The following table shows the amount of revenue recognized in the current period that were included in the contract liabilities at the beginning of the reporting period: For the year ended 2021 2022 HK$ HK$ Revenue recognized that was included in contract liabilities at the beginning of the reporting period Capital market solutions 46,640,036 630,962 (ii) Performance obligations The transaction prices allocated to the remaining performance obligations of digital solutions services (unsatisfied or partially unsatisfied) as of December 31, 2021 and December 31, 2022 are as follows: For digital solutions services As of December 31, 2021 2022 HK$ HK$ Within one year — 204,702,968 More than one year — 101,443,644 — 306,146,612 The performance obligations expected to be recognized in more than one year relate to upfront fee that are to be satisfied within two years. All the other remaining performance obligations are expected to be recognized within one year. B. Other income For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Bank interest income 67,783 15,174 12,332 Other interest income (note a) — — 51,304,121 Interest income from the immediate holding company (Note 2 9 9 101,159,079 116,028,045 75,991,943 Government grant (note b) 3,061,665 — 1,184,000 Others 7,578,941 9,494,952 12,969,150 111,867,468 125,538,171 141,461,546 Notes: (a) Included in the other interest income is derived from loan notes due from independent third parties related to the disposal of investments during the year ended December 31, 2022. (b) During the year ended December 31, 2022, the Group recognized government grants of HK$ (2021: ; 2020: HK$ f rom the Employment Support Scheme provided by the Hong Kong Government in connection with the COVID-19 related subsidies. C. Other gain Other gain of HK$153,487,985 consists of (i) gain on bargain purchase of HK$37,966,405 with details inc luded certain ies , which mainly consisted of cash and cash equivalents of HK$ , accounts receivable of HK$200,036,799, other assets of HK$598,415,823 and .

Other Operating Expenses

Other Operating Expenses	12 Months Ended
	Dec. 31, 2022
Operating Income Expense [Abstract]
Other Operating Expenses	6. OTHER OPERATING EXPENSES For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Advertising and marketing service fees and brand promotional expenses 5,696,606 597,566 20,004,385 Premises costs and office utilities —Premises costs 14,244,127 14,226,081 13,095,944 —Office utilities 6,601,790 7,821,627 9,142,411 20,845,917 22,047,708 22,238,355 Traveling and business development expenses 5,636,354 3,747,166 7,761,633 Commissions and bank charges 1,957,433 1,308,425 1,309,186 Office and maintenance expenses 175,348 55,192 20,729 Administrative service , management and investment advisory fees 24,330,000 24,330,000 29,802,500 Legal and professional related 36,314,507 24,663,025 73,729,042 Staff recruitment expenses 1,223,673 2,322,035 4,229,736 Others —Depreciation 30,374 44,226 96,115 —Amortization — — 5,688,143 —Foreign exchange differences, net 3,222,789 963,422 1,970,158 —Other expenses 4,290,210 3,715,247 11,722,482 7,543,373 4,722,895 19,476,898 103,723,211 83,794,012 178,572,464

Staff Costs

Staff Costs	12 Months Ended
	Dec. 31, 2022
Classes of employee benefits expense [abstract]
Staff Costs	7. STAFF COSTS For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Salaries, bonuses and staff welfare 93,660,617 94,776,416 121,314,816 Pension scheme contributions (defined contribution schemes) 749,664 809,482 7,942,657 94,410,281 95,585,898 129,257,473

Finance Costs

Finance Costs	12 Months Ended
	Dec. 31, 2022
Finance Costs [Abstract]
Finance Costs	8. FINANCE COSTS For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Interests on margin loans payable 12,475,296 — — Interests on convertible bond 7,717,348 8,085,419 430,702 Interests on bank borrowings 1,317,435 4,740,504 6,298,576 21,510,079 12,825,923 6,729,278

Income Tax (Credit) _ Expense

Income Tax (Credit) / Expense	12 Months Ended
	Dec. 31, 2022
Major components of tax expense (income) [abstract]
Income Tax (Credit) / Expense	9. INCOME TAX (CREDIT)/EXPENSE Hong Kong profits tax has been provided at the rate of 16.5% (2021: 16.5%; 2020: 16.5%) on the estimated assessable profits arising in Hong Kong . c For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Current tax: Hong Kong profits tax Charge for the year 96,708,600 104,423,916 101,232,315 Overprovision in prior year (143,606 ) — — The People’s Republic of China withholding tax Charge for the year 8,807,816 4,871,121 5,021,351 Other jurisdictions Charge for the year — — 626,778 Deferred tax (242,913,577 ) — (1,896,006 ) (137,540,767 ) 109,295,037 104,984,438 Under the two-tiered two-tiered million. A reconciliation of tax (credit)/expense and profit before tax at the statutory tax rate in which the Group’s major operating subsidiaries are domiciled is as follows: For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Profit before tax 1,001,420,217 1,331,176,555 1,361,698,473 Tax at statutory tax rate of 16.5% 165,234,336 219,644,132 224,680,248 Tax effect of foreign tax jurisdictions — — 264,583 Tax effect of two-tiered s (165,000 ) (165,000 ) (165,000 ) Tax effect of non-taxable (79,190,106 ) (95,836,917 ) (122,208,901 ) Tax effect of distribution to perpetual securities holders that are deductible for tax purpose — (20,747,569 ) (20,290,239 ) Tax effect of non-deductible 10,887,971 1,566,657 17,740,105 Tax effect of unrecognized temporary difference (25,011 ) (4,075 ) (2,839 ) Tax effect of deferred tax liability reversed (242,913,577 ) — — Overprovision in prior year (143,606 ) — — Utilization of tax losses previously not recognized (33,590 ) (33,312 ) (54,870 ) Withholding tax on the dividend income 8,807,816 4,871,121 5,021,351 Income tax (credit)/expense (137,540,767 ) 109,295,037 104,984,438 As at December 31, 2022, the Group had tax losses arising in Hong Kong and other countries, subject to the agreement by the tax authorities, which are available for offsetting against the future taxable profits of the Group. Deferred tax assets have not been recognized in respect of these losses as it is not considered probable that taxable profits will be available against which such tax losses can be utilized.

Earnings Per Share Attributable

Earnings Per Share Attributable To Ordinary Equity Holders of The Parent	12 Months Ended
	Dec. 31, 2022
Earnings/(loss) Per Share Attributable To Ordinary Equity Holders of The Parent
Earnings Per Share Attributable To Ordinary Equity Holders of The Parent	10. EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT The Company’s ordinary shares are divided into Class A ordinary shares and Class B ordinary shares. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote and is not convertible into Class B ordinary share under any circumstances. Each Class B ordinary share is entitled to twenty votes and is convertible into one Class A ordinary share at any time by the holder thereof. The basic earnings per share attributable to Class A ordinary equity holders and Class B ordinary equity holders are calculated by dividing the profit for the year attributable to Class A ordinary equity holders and Class B ordinary equity holders of the parent by the number of Class A ordinary shares and Class B ordinary shares, respectively. For the year ended December 31, 2020, the diluted earnings per share attributable to Class A ordinary equity holders and Class B ordinary equity holders are based on the profit for the year attributable to Class A ordinary equity holders a n respectively. The weighted average number of ordinary shares used in the calculation is the number of ordinary shares in issue during the year, as used in the basic earnings per share calculation plus the weighted average number of ordinary shares assumed to have been issued at on the deemed exercise or conversion of all dilutive potential ordinary shares into ordinary shares. For the year ended December 31, 2021 and 2022, the computation of diluted earnings per share has not taken into account the effect of convertible bond which is anti-dilutive. Basic and diluted earnings per share for each of the periods presented are calculated as follows: For the year ended December 31, 2020 2021 2022 Basic earnings per share: Numerator: Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (HK$)-basic Class A 249,206,548 299,742,816 513,186,052 Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (HK$)-basic Class B 810,766,722 796,709,268 596,821,469 Denominator: Weighted average number of Class A ordinary shares outstanding—basic 57,474,495 62,327,851 138,490,789 Weighted average number of Class B ordinary shares outstanding—basic 186,987,093 165,665,944 160,959,872 Basic earnings per share (HK$) Class A 4.34 4.81 3.71 Basic earnings per share (HK$) Class B 4.34 4.81 3.71 Diluted earnings per share: Numerator: Profit attributable to ordinary equity holders of the parent used in the diluted earnings per share calculation (HK$)-diluted Class A 248,629,790 299,742,816 513,186,052 Profit attributable to ordinary equity holders of the parent used in the diluted earnings per share calculation (HK$)-diluted Class B 810,766,722 796,709,268 596,821,469 Denominator: Weighted average number of Class A ordinary shares outstanding—diluted 58,966,142 62,327,851 138,490,789 Weighted average number of Class B ordinary shares outstanding—diluted 186,987,093 165,665,944 160,959,872 Diluted earnings per share (HK$) Class A 4.22 4.81 3.71 Diluted earnings per share (HK$) Class B 4.34 4.81 3.71 Number of shares For the year ended December 31, 2020 2021 2022 Shares: Weighted average number of Class A ordinary shares in issue during the year used in the basic earnings per share calculation 57,474,495 62,327,851 138,490,789 Effect of dilution – weighted average number of ordinary shares: Convertible bond 1,491,647 — — 58,966,142 62,327,851 138,490,789 Weighted average number of Class B ordinary shares in issue during the year used in the basic earnings per share calculation 186,987,093 165,665,944 160,959,872 Effect of dilution – weighted average number of ordinary shares: Convertible bond — — — 186,987,093 165,665,944 160,959,872 Other than disclosed above and disclosed elsewhere in these consolidated financial statements, there are no other outstanding potential dilutive shares in issue.

Accounts Receivable

Accounts Receivable	12 Months Ended
	Dec. 31, 2022
Trade and other receivables [abstract]
Accounts Receivable	11. ACCOUNTS RECEIVABLE As of December 31, 2021 2022 HK$ HK$ Receivable from capital market solutions services 86,514,680 81,614,733 Commission receivable from insurance brokerage — 2,718,150 Receivable from digital solutions and other services — 81,844,175 Receivable from fashion and luxury media advertising and marketing services — 21,496,558 86,514,680 187,673,616 As of January 1, 2021, the Group has receivables arising from contracts with customers of HK$ 77,350,250 . The normal settlement terms of receivables from capital market solutions services are specific terms mutually agreed between the contracting parties. Receivables are non-interest The Group seeks to maintain strict control over its outstanding receivables and has a credit control team to minimize credit risk. Overdue balances are reviewed regularly by senior management. The Group does not hold any collateral over its accounts receivable. An aging analysis of the accounts receivable as of the end of the reporting period, based on the due date, net of loss allowance is as follows: As of December 31, 2021 2022 HK$ HK$ Not yet due 74,048,058 177,754,160 Past due Within 1 month 53,633 7,270,723 1 to 3 months 5,165,947 1,545,263 Over 3 months 7,247,042 1,103,470 86,514,680 187,673,616 As of December 31, 2021 and 2022, accounts receivable was due from a number of reputable corporate clients, brokers and individual clients. An impairment analysis of accounts receivable from capital market solutions services is performed at each reporting date using probability of default approach to measure expected credit losses. The probability of default and loss given default are estimated based on the Group’s assessment on credit ratings of the accounts receivable and historical loss experience. The calculation reflects the probability-weighted outcome, the time value of money and reasonable and supportable information that is available at the reporting date about past events, current conditions and forecasts of future economic conditions. The calculation of ECL considers forward looking information through the use of publicly available economic data and forecasts, including macroeconomic data such as GDP growth and unemployment rate, management judgement to reflect the qualitative factors and through the use of multiple probability weighted scenarios. Other than receivables from brokers and clearing house of HK$21,545,865 included in receivable from capital market solutions services as of December 31, 2021 which measures the loss allowance equal to 12-month An impairment for loss allowance of HK$17,109,001 was made on receivables with gross amount of HK$17,109,001 arising from capital market solutions service s As of December 31, 2021, the probability of default ranged from 0.12% to 4.98% and the loss given default was estimated to be 45%. As of December 31, 2022, the probability of default ranged from 0.39% to 0.57% and the loss given default was estimated to be 45%. As of December 31, 2021 AAA AA A BBB BB CCC Total Expected credit loss rate — — 0.10 % 0.17 % — 0.10 % — Gross carrying amount (HK$‘000) — — 54,763 24,218 — 7,534 86,515 As of December 31, 2022 AAA AA A BBB BB CCC Total Expected credit loss rate — 0.15 % — 0.27 % — — — Gross carrying amount (HK$‘000) — 84,563 — 103,111 — — 187,674 The expected credit losses as of December 31, 2021 and 2022 were immaterial and no loss allowance for accounts receivable was d .

Prepayments, Deposits And Other

Prepayments, Deposits And Other Receivables	12 Months Ended
	Dec. 31, 2022
Prepayments, Deposits And Other Receivables [Abstract]
Prepayments, Deposits And Other Receivables	12. PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES As of December 31, 2021 2022 HK$ HK$ Consideration receivables on disposal of investments to independent third parties — 361,880,000 Consideration receivable on disposal of subsidiaries to independent third parties (Note 5(c)) — 350,000,000 Receivables from former subsidiaries — 187,300,371 Prepayments 20,720,272 14,143,937 Deposits 516,399 899,027 Other receivables 679,711 58,359,326 Less: impairment loss provided under expected credit loss model — (3,920,121 ) 21,916,382 968,662,540 The expected credit loss was assessed with reference to the credit status of the debtors, and the expected credit loss as of December 31, 2021 is considered to be minimal and HK$3,920,121 was provided during the year ended December 31, 2022. None of the above assets is past due or credit-impaired. The consideration receivables on disposal of investments and subsidiaries and receivables from former subsidiaries are subsequently fully settled as of the date of these financial statements. The other financial assets included in the above balances relate to receivables for which there was no recent history of default.

Financial Assets At Fair Value

Financial Assets At Fair Value Through Profit Or Loss	12 Months Ended
	Dec. 31, 2022
Financial Assets At Fair Value Through Profit or Loss [Abstract]
Financial Assets At Fair Value Through Profit Or Loss	13. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS As of December 31, 2021 2022 HK$ HK$ Financial assets at fair value through profit or loss, other than financial asset at fair value through profit or loss under stock loan 2,574,695,685 1,353,611,934 Financial assets at fair value through profit or loss under stock loan 211,331,400 169,583,400 Total financial assets at fair value through profit or loss 2,786,027,085 1,523,195,334 Listed equity shares, at quoted price —Investment A 1,055,407,260 695,988,462 —Investment B — 165,462,000 —Investment C — 4,824 Total listed equity shares, at quoted price 1,055,407,260 861,455,286 Unlisted equity shares —Investment D 86,195,893 — As of December 31, 2021 2022 HK$ HK$ —Investment E 21,954,381 — —Investment F (Note 29 (A)(ii)) 1,120,244,487 — —Investment G 9,979,264 — —Investment H (Note 29 (A)(ii)) 480,700,000 543,000,000 —Investment I 11,545,800 11,630,000 —Investment J — 1,559,597 —Investment K — 2,245,766 Total unlisted equity shares 1,730,619,825 558,435,363 Movie income right investments — 103,304,685 2,786,027,085 1,523,195,334 The above unlisted investments at December 31, 2021 and 2022 were equity shares investments issued by enterprises. Financial assets at fair value through profit or loss are categorized into levels 1 to 3. Refer to Note 3 1 On December 28, 2021, the Group entered into a stock lending agreement with a related company, pursuant to which the Group lent certain listed equity shares of Investment A to the related company, with an interest of 2% per annum based on market value of the listed equity shares of the previous month end. On May 5 and June 1, 2022, the Group entered into certain stock lending agreements with an independent third party, pursuant to which the Group lent certain listed equity shares of Investment A to this independent third party, with an interest of 2% per annum based on the previous month end market value of the listed equity shares. As of December 31, 2021 and 2022, the fair values of the listed equity shares underlying the stock loan were HK$211,331,400 and HK$169,583,400 respectively. In addition, the net fair value changes on the financial assets at fair value through profit or loss under During the year ended December 31, 2022, the Group acquired a controlling stake of Investment F (AMTD Digital) by issuing new Class A and Class B shares to the selling shareholders of AMTD Digital at a consideration of approximately US$993 million . The original investment in AMTD Digital, accounted for as financial assets at fair value through profit or loss, was derecognized upon consolidation of AMTD Digital. During the year ended December 31, 2021, the Group obtained certain equity of current accounts due from the immediate holding company. The Group does not have right to participate in its policy-making processes, to appoint director nor management and to interchange of managerial personnel; accordingly, the Group concluded that it does not have significant influence to direct the relevant activities of the investee and classified the investment as a financial asset at fair value through profit or loss. During the year ended December 31, 2022, the Group entered into a movie income right agreement with a production house through a newly acquired subsidiary, which is an independent third party. In accordance with the relevant agreements, the Group is entitled to certain percentage of the profit to be derived from the release of the films upon entering into the agreements. The Group may be required to further contribute to the film program due to the budget overruns. Any agreed further contribution to the film program due to the budget overruns of the film program by the Group will be added to the carrying amounts of financial assets.

Derivative Financial Assets

Derivative Financial Assets	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about financial instruments [abstract]
Derivative Financial Assets	14. DERIVATIVE FINANCIAL ASSET S As of December 31, Notes 2021 2022 HK$ HK$ Upside Participation and Profit Distribution Agreements (a ) 969,894,519 1,305,256,317 Future Settlement Contract (b ) — 137,877,845 969,894,519 1,443,134,162 Note (a) On April 1, 2019, two subsidiaries of the Group entered into “Upside Participation and Profit Distribution Agreements” (the “Agreements”) with a counterparty in relation to the movement of the share price of the entirety of the listed shares of Investment A (Note 13) that the Group owns (“Underlying Assets”). The Agreements have an original term of 12 months and can be extended for any further period or terminated at any time upon mutual agreement of the contracting parties. Pursuant to the Agreements: (a) The counterparty is entitled to 25% (the “Sharing Percentage”) of the gain of the Underlying Assets if the quoted market price or disposal price of the Underlying Assets is higher than HK$8.1 per share (the “Underlying Price”); (b) The counterparty shall pay a sum equivalent to the loss if the quoted market price or disposal price of the Underlying Assets is lower than Underlying Price (“Participation Cost”); and (c) Dividend or cash distributions generated from the Underlying Assets during the term of the Agreements shall be received by the Group for its sole benefit and shall not be included in the computation of the Profit or the Participation Cost. Further addendums to the Agreements were entered into on June 30, July 1, September 30 and December 31, 2019, March 31, June 26, June 30, September 30 and December 31, 2020 (the “Addendums”), where: • On June 30, 2019, the term of the Agreements was modified from 12 months to 3 months and could be roll-forward for an additional three-month period upon mutual agreement between the contracting parties provided that the Underlying Assets are not fully disposed by the Group on the termination date. • On July 1, 2019, the Agreements were extended for a 3-month • On September 30 and December 31, 2019 and March 31, 2020, the Agreements were extended for another three-month period and thus lastly to June 30, 2020. • On June 26, 2020, the underlying listed shares have been partially sold, in which 176,766,469 underlying shares were sold to the counterparty at the disposal price of HK$5.5 per share, and HK$618,682,641 was paid by the counterparty to settle 176,766,469 notional of the derivatives reflecting the difference between disposal price and Underlying Price. Accordingly, corresponding revisions were made to the Agreements to reflect the reduction in the number of underlying listed shares. • On June 30 and September 30, the Agreements were further extended for an additional three months period and thus till December 31, 2020. • On October 27, 2020, the Agreements was novated by the original counterparty to an external third party. • On December 31, 2020, March 31, 2021, June 30, 2021, September 30, 2021, December 31, 2021 and March 31, 2022 and June 30 2022, the Agreements were extended for an additional three month period in each case and thus cumulatively till December 31, 2022. • In December 2022, the underlying listed shares have been partially sold, in which 2,673,000 underlying shares were sold in the market at the average disposal price of HK$3.27 per share, and HK$15,306,985 was due from the counterparty to settle 2,673,000 notional of the derivatives reflecting the difference between the average disposal price and Underlying Price. Accordingly, corresponding revisions were made to the Agreements to reflect the reduction in the number of underlying listed shares. • On December 31, 2022, the Agreements were further extended for an additional three months period and thus till March 31, 2023. In December 2019, the controlling person of the original counterparty, with which the Group has entered into the Agreements, was appointed as a Director to the Board of Directors of the Company. Accordingly, the counterparty became a related party of the Company until October 27, 2020 when the Agreements were novated to an external party. The Agreements together with the Addendums satisfied the definition of derivative financial asset in accordance with IFRS 9 and were stated at fair value with any subsequent changes recognized in profit or loss. The table below shows the movement of: (i) the profit or loss not recognized when the derivative financial asset was initially recognized (Day 1 profit or loss); (ii) net carrying amount presented in the consolidated statements of financial position; and (iii) net changes in fair value on derivative financial asset presented in the consolidated statements of profit or loss and other comprehensive income Fair value using valuation Day 1 (profit)/loss Net carrying Net changes in fair value HK$ HK$ HK$ HK$ At December 31, 2020 1,036,169,019 (12,266,453 ) 1,023,902,566 — Recognized in profit and loss prior to contract renegotiation on March 31, 2021 —Changes in fair value (12,266,453 ) — (12,266,453 ) (12,266,453 ) —Recognition of day 1 profit or loss — 12,266,453 12,266,453 12,266,453 At March 31, 2021 1,023,902,566 — 1,023,902,566 — Contract renegotiation on March 31, 2021 (1,678,713 ) 1,678,713 — — At March 31, 2021 1,022,223,853 1,678,713 1,023,902,566 — Recognized in profit and loss prior to contract renegotiation on June 30, 2021 —Changes in fair value (34,326,652 ) — (34,326,652 ) (34,326,652 ) —Recognition of day 1 profit or loss — (1,678,713 ) (1,678,713 ) (1,678,713 ) At June 30, 2021 987,897,201 — 987,897,201 (36,005,365 ) Contract renegotiation on June 30, 2021 2,956,755 (2,956,755 ) — — At June 30, 2021 990,853,956 (2,956,755 ) 987,897,201 (36,005,365 ) Recognized in profit and loss prior to contract renegotiation on September 30, 2021 —Changes in fair value 89,306,993 — 89,306,993 89,306,993 —Recognition of day 1 profit or loss — 2,956,755 2,956,755 2,956,755 At September 30, 2021 1,080,160,949 — 1,080,160,949 56,258,383 Contract renegotiation on September 30, 2021 1,046,618 (1,046,618 ) — — At September 30, 2021 1,081,207,567 (1,046,618 ) 1,080,160,949 56,258,383 Recognized in profit and loss prior to contract renegotiation on December 31, 2021 —Changes in fair value (111,313,048 ) — (111,313,048 ) (111,313,048 ) —Recognition of day 1 profit or loss — 1,046,618 1,046,618 1,046,618 At December 31, 2021 969,894,519 — 969,894,519 (54,008,047 ) Contract renegotiation on December 31, 2021 (1,507,769 ) 1,507,769 — — At December 31, 2021 968,386,750 1,507,769 969,894,519 (54,008,047 ) Fair value using valuation Day 1 (profit)/loss Net carrying Net changes in fair value HK$ HK$ HK$ HK$ At December 31, 2021 968,386,750 1,507,769 969,894,519 — Recognized in profit and loss prior to contract renegotiation on March 31, 2022 —Changes in fair value 201,787,611 — 201,787,611 201,787,611 —Recognition of day 1 profit or loss — (1,507,769 ) (1,507,769 ) (1,507,769 ) At March 31, 2022 1,170,174,361 — 1,170,174,361 200,279,842 Contract renegotiation on March 31, 2022 42,824,157 (42,824,157 ) — — At March 31, 2022 1,212,998,518 (42,824,157 ) 1,170,174,361 200,279,842 Recognized in profit and loss prior to contract renegotiation on June 30, 2022 —Changes in fair value 44,938,920 — 44,938,920 44,938,920 —Recognition of day 1 profit or loss — 42,824,157 42,824,157 42,824,157 At June 30, 2022 1,257,937,438 — 1,257,937,438 288,042,919 Contract renegotiation on June 30, 2022 (9,371,394 ) 9,371,394 — — At June 30, 2022 1,248,566,044 9,371,394 1,257,937,438 288,042,919 Recognized in profit and loss prior to contract renegotiation on September 30, 2022 —Changes in fair value 83,632,460 — 83,632,460 83,632,460 —Recognition of day 1 profit or loss — (9,371,394 ) (9,371,394 ) (9,371,394 ) At September 30, 2022 1,332,198,504 — 1,332,198,504 362,303,985 Contract renegotiation on September 30, 2022 (16,356,494 ) 16,356,494 — — At September 30, 2022 1,315,842,010 16,356,494 1,332,198,504 362,303,985 Recognized in profit and loss prior to contract renegotiation on December 31, 2022 —Changes in fair value 934,937 — 934,937 934,937 —Partial settlement (15,306,985 ) — (15,306,985 ) — —Realized gain upon disposal 3,786,355 — 3,786,355 — —Recognition of day 1 profit or loss — (16,356,494 ) (16,356,494 ) (16,356,494 ) At December 31, 2022 1,305,256,317 — 1,305,256,317 346,882,428 Contract renegotiation on December 31, 2022 80,156 (80,156 ) — — At December 31, 2022 1,305,336,473 (80,156 ) 1,305,256,317 346,882,428 As of December 31, 2022, the counterparty of the derivative contracts pledged certain listed securities as collateral in favour of the Company which had a market value of HK$3,781,638,616 (2021: HK$3,089,570,978). Note (b) In June 2022, the Group entered into a future settlement contract with a counterparty, pursuant to which the Group is entitled to receive certain listed equity shares at a mutually agreed price at HK$ in aggregate (the “Future Settlement Contract”) within one year . The fair value of the underlying shares as of December 31, 2022 . The Future Settlement Contract was accounted for as a derivative financial asset and the net fair value changes recognized in profit or loss was HK$ for the year ended December 31, 2022.

Other Assets

Other Assets	12 Months Ended
	Dec. 31, 2022
Disclosure Of Detailed Information About Other Assets [Abstract]
Other Assets	15. OTHER ASSETS The Group maintains segregated bank accounts with corporate banks to hold clients’ monies on trust under custody for the conduct of the regulated activities. The Group has classified the clients’ monies as other assets under the assets section of the consolidated statements of financial position and recognized the corresponding amounts as clients’ monies held on trust in accounts payable (Note 20) to respective clients on the basis that it is legally liable for any possible loss or misappropriation of the clients’ monies.

Cash And Bank Balances And Rest

Cash And Bank Balances And Restricted Cash	12 Months Ended
	Dec. 31, 2022
Cash and cash equivalents [abstract]
Cash And Bank Balances And Restricted Cash	16. CASH AND BANK BALANCES AND RESTRICTED CASH (a) Cash and cash equivalents As of December 31, 2021 2022 HK$ HK$ Cash and cash equivalents: —Cash on hand 595,992 1,497 —General bank accounts 525,610,116 1,078,409,838 Total cash and cash equivalents 526,206,108 1,078,411,335 Cash and cash equivalents include demand deposits at banks, earn interest at floating rates based on daily bank deposit rates for all the periods. The bank balances are deposited with creditworthy banks with no recent history of default. (b) Restricted cash As at December 31, 2022, restricted deposits held at banks amounted to HK$3,239,362 , which would be used to settle certain payables to vendors.

Property, Plant And Equipment

Property, Plant And Equipment	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about property, plant and equipment [abstract]
Property, Plant And Equipment	17. PROPERTY, PLANT AND EQUIPMENT Furniture Computer Total HK$ HK$ HK$ Cost: At January 1, 2021 and December 31, 2021 11,090 4,184,368 4,195,458 Additions — 12,848 12,848 Additions from acquisition of subsidiaries (Note 34) — 138,647 138,647 Disposal of subsidiaries (11,090 ) (4,184,368 ) (4,195,458 ) Exchange realignment — 411 411 At December 31, 2022 — 151,906 151,906 Accumulated depreciation: At January 1, 2021 (10,714 ) (4,073,387 ) (4,084,101 ) Charge for the year (376 ) (43,850 ) (44,226 ) At December 31, 2021 and January 1, 2022 (11,090 ) (4,117,237 ) (4,128,327 ) Charge for the year — (96,115 ) (96,115 ) Disposal of subsidiaries 11,090 4,151,834 4,162,924 Exchange realignment — (310 ) (310 ) At December 31, 2022 — (61,828 ) (61,828 ) Carrying amount: At January 1, 2021 376 110,981 111,357 At December 31, 2021 — 67,131 67,131 At December 31, 2022 — 90,078 90,078

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2022
Goodwill [Abstract]
Goodwill	18. GOODWILL Total HK$ Cost: At January 1, 2021 and December 31, 2021 — Arising from 58,675,041 At December 31, 2022 58,675,041 For the purpose of impairment testing, goodwill of HK$58,675,041 and intangible assets (including developed technology of HK$30,606,150 and brand name of HK$1,271,483) as of December 31, 5-year pre-tax 5-year and and related intangible assets allocated to cash-generating unit. Management of the Group believes that any reasonably possible changes in any of these assumptions would not cause the carrying amount of the cash-generating unit to exceed its recoverable amount.

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2022
Disclosure of Intangible assets [Abstract]
Intangible Assets	19. INTANGIBLE ASSETS Archived Developed technology Brand names Securities Total HK$ HK$ HK$ HK$ HK$ Net carrying amount as of — — — 15,171,170 15,171,170 Acquired on acquisition of L’Officiel (Note 34(b)) 3,901,193 — 720,352,596 — 724,253,789 Acquired on acquisition of — 36,191,200 1,374,576 — 37,565,776 Amortization charge year — (5,585,050 ) (103,093 ) — (5,688,143 ) Disposal of subsidiaries — — — (15,171,170 ) (15,171,170 ) Net carrying amount as of 3,901,193 30,606,150 721,624,079 — 756,131,422 The intangible assets are amortized on a straight-line basis as follows: Developed technology Brand names Archive images 7 years 20 years or indefinite useful lives Indefinite useful lives As at January 1, 2021 and December 31, 2021, the intangible assets represented securities trading licenses and trading right with indefinite useful lives because they are expected to contribute to the net cash flows of the Group indefinitely and therefore, are not amortized. The recoverable amount of the securites trading licenses and trading right is determined by reference to the market evidence of recent transaction prices for similar licensed corporations. As at December 31, 2022, included in the above carrying amounts of brand name of HK$720,352,596 and archived images of HK$3,901,193 are considered by management of the Group as having an indefinite useful life because it is expected to contribute to net cash inflows indefinitely. The brand name and archived images will not be amortised until its useful life is determined to be finite. Instead they will be tested for impairment annually and whenever there is an indication that they As at December 31, 2022, carrying amount of brand name of HK$726,375,807 and

Accounts Payable

Accounts Payable	12 Months Ended
	Dec. 31, 2022
Trade and other payables [abstract]
Accounts Payable	20. ACCOUNTS PAYABLE As of December 31, 2021 2022 HK$ HK$ Payables to suppliers of fashion and luxury media advertising and marketing services — 76,778,957 Clients’ monies held on trust (Note 5(c) and Note 15) 146,283,760 — Others 8,737,158 5,536,216 155,020,918 82,315,173

Bank Borrowings

Bank Borrowings	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about borrowings [abstract]
Bank Borrowings	21. BANK BORROWINGS A currency analysis of bank borrowings at the end of the reporting periods is as follows: As of December 31, 2021 2022 HK$ HK$ Hong Kong dollars 116,000,000 — United States dollars 272,870,500 156,309,551 Euro — 4,169,550 388,870,500 160,479,101 As of December 31, 2021 and December 31, 2022, the bank borrowings were unsecured. As of December 31, 2021 and December 31, 2022, bank borrowings of HK$ 388,870,500 156,910,059 were repayable in one year or on demand, and nil and HK$ 3,569,042 were repayable more than one year but within 5 years. As of December 31, 2021 and December 31, 2022, the Group’s aggregate banking facilities amounted to US$ (equivalent to HK$ , and US$ and Euro (equivalent to HK$ in aggregate) of which HK$ and HK$ were utilized, respectively and bore contractual pectively.

Other Payables And Accruals

Other Payables And Accruals	12 Months Ended
	Dec. 31, 2022
Accrued Expenses And Other Liabilities [Abstract]
Other Payables And Accruals	22. OTHER PAYABLES AND ACCRUALS As of December 31, 2021 2022 HK$ HK$ Accruals and other payables 91,594,587 114,718,709 Contract liabilities (note) 630,962 17,077,186 92,225,549 131,795,895 Note: Contract liabilities as at December 31, 2021 include upfront fees received to deliver capital market solutions services. As at December 31, 2022, contract liabilities included upfront fees received to deliver digital solution s As at January 1, 2021, contract liabilities amounted to HK$47,270,998. For the year ended December 31, 2022, revenue of HK$630,962 recognized was included in the contract liabilities balance at the beginning of the year (2021: HK$46,640,036).

Provisions

Provisions	12 Months Ended
	Dec. 31, 2022
Provisions [abstract]
Provisions	23. PROVISIONS Claims from HK$ At January 1, 2021 and December 31, 2021 — Additions from acquisition of subsidiaries (Note 34) 32,131,266 Settled during the year (739,547 ) Exchange alignment 414,124 At December 31, 2022 31,805,843 The amount represents the best estimate of the Group’s liability on the claims from vendors having taken the view of legal advice.

Deferred Tax Liabilities

Deferred Tax Liabilities	12 Months Ended
	Dec. 31, 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [abstract]
Deferred Tax Liabilities	24. DEFERRED TAX LIABILITIES The movements in deferred tax liabilities during the years are as follows: Intangible HK$ At January 1, 2021 and December 31, 2021 — Acquisitions of subsidiaries (Note 34) 27,681,459 Deferred tax credit (1,896,006 ) At December 31, 2022 25,785,453

Convertible Bond and Derivative

Convertible Bond and Derivative Financial Liability	12 Months Ended
	Dec. 31, 2022
Borrowings [abstract]
Convertible Bond and Derivative Financial Liability	25. CONVERTIBLE BOND AND DERIVATIVE FINANCIAL LIABILITY On December 19, 2019, the Company issued 2% convertible bond with a principal amount of US$15,000,000. The bond is convertible at the option of the bondholders into class A ordinary shares at any time after six months following the date of issuance of the bond and prior to the close of business on the second business day immediately preceding the maturity date of June 30, 2023. The conversion rate is 99.44 American Depositary Shares (“ADSs”) per US$1,000 principal. The conversion rate is subject to adjustment up . However, the bondholders can only exercise such right to convert no more than twice. Any convertible notes not converted, as well as the accrued interest, will be repaid on June . In January 2022, the conversion price of the bon d was per share and the convertible bond w ere class A ordinary effect of the On initial recognition, the derivative component of the convertible bond is measured at fair value and presented as a derivative financial liabilit y The movement of convertible bond during the years ended December 31, 2021 and 2022 are as follow s Liability Derivative HK$ HK$ At January 1, 2021 103,278,429 12,954,313 Interest for the year 8,085,419 — Exchange alignment 606,536 798,360 At December 31, 2021 111,970,384 13,752,673 Interest for the year 430,702 — Fair value gain recognized in profit or loss — (13,347,266 ) Converted into class A shares (112,401,086 ) (405,407 ) At December 31, 2022 — —

Share Capital and Treasury Shar

Share Capital and Treasury Shares	12 Months Ended
	Dec. 31, 2022
Disclosure of classes of share capital [abstract]
Share Capital and Treasury Shares	26. SHARE CAPITAL AND TREASURY SHARES Each Class A ordinary share shall entitle the holder thereof to one vote on all matters subject to vote at general meetings of the Company, and each Class B ordinary share shall entitle the holder thereof to twenty votes on all matters subject to vote at general meetings of the Company. Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof. Each Class A ordinary share is not convertible into Class B ordinary shares under any circumstances. Except for the voting rights and the conversion rights, the Class A ordinary shares and the Class B ordinary shares shall rank pari passu with one another and shall have the same rights, preferences, privileges and restrictions. As of December 31, 2022, the Company had ordinary shares outstanding comprising of 144,077,210 Class A ordinary shares and 233,526,979 Class B ordinary shares (including those repurchased), respectively. During the year s Numbers of shares Notes Class A Class B Class B At January 1, 2020 41,084,851 204,526,628 — Conversion of class B ordinary shares to class A ordinary shares 21,243,000 (21,243,000 ) — At December 31, 2020 and January 1, 2021 62,327,851 183,283,628 — Repurchase of ordinary shares (i) — (69,144,673 ) 69,144,673 As December 31, 2021 62,327,851 114,138,955 69,144,673 Issued during the year (ii), (iii), (iv) 77,467,980 54,524,730 — Conversion of class B ordinary shares to class A ordinary shares 4,281,379 (4,281,379 ) — Repurchase of ordinary shares (i) — (36,923,963 ) 36,923,963 As December 31, 2022 144,077,210 127,458,343 106,068,636 Notes: (i) On September 30, 2021 and December 31,2022, the Company repurchased and 36,923,963 ,respectively, Details on N (ii) In January 2022, the convertible bond has been converted into 1,856,436 class A ordinary shares at the conversion price of US$8.08 per share. (iii) In February 2022, the Company acquired a controlling stake in AMTD Digital by issuing at a consideration of HK$7,756,228,581. (iv) In January and April 2022, the Company issued 8,411,215 Class A and 3,271,028 Class B shares to the private investors at US$4.28 per share.

Perpetual Securities

Perpetual Securities	12 Months Ended
	Dec. 31, 2022
Disclosure Of Perpetual Securities [Abstract]
Perpetual Securities	27. PERPETUAL SECURITIES On May 14, 2020, the Company issued US$ The direct transaction costs attributable to the Perpetual Securities I and Perpetual Securities II in aggregate amounted to HK$4,460,393. Distributions of the Perpetual Securities I and Perpetual Securities II may be paid semi-annually in arrears on May 14 and November 14 in each year and may be deferred at the discretion of the Company unless a compulsory distribution payment event (including distributions to ordinary shareholders of the Company) has occurred. Following a deferral, arrears of distributions are cumulative. Th step-up The Perpetual Securities II are unsecured, have no fixed maturity date and are callable at the Company’s option in whole on May 14, 2025, which is five years after the issue date or any Distribution Payment Date thereafter at their principal amounts together with any accrued, unpaid or deferred distributions. On October 27, 2021, the Group has partially early redeemed Perpetual Securities II at the redemption price equal to ). was recorded directly in the retained earnings. The Perpetual Securities are included in equity in the Group’s consolidated financial statements as the Group does not have a contractual obligation to deliver cash or other financial assets arising from the issue of the Perpetual Securities. For the year ended December 31, 2021 and 2022, the profit attributable to holders of Perpetual Securities based on the applicable distribution rate, was HK$125,742,843 and HK$122,971,145, respectively, where any distribution could be deferred at the discretion of the Company unless a compulsory distribution payment event (including distributions to ordinary shareholders of the Company) has occurred. The Company distributed HK$124,279,754 and HK$123,620,489 to the holders of perpetual securities during the year ended December 31, 2021 and 2022, respectively.

Notes To The Consolidated State

Notes To The Consolidated Statements Of Cash Flows	12 Months Ended
	Dec. 31, 2022
Disclosure Of Cash Flow Information [Abstract]
Notes To The Consolidated Statements Of Cash Flows	28. NOTES TO THE CONSOLIDATED STATEMENTS OF CASH FLOWS (a) Major non-cash Save as disclosed elsewhere in these consolidated financial statements, the following non-cash During the year ended December 31, 2020, the Group subscribed two equity linked notes for a consideration of HK$148,671,602 issued by two former subsidiaries. The underlying securities for an equity linked note were disposed by one of the former fellow subsidiaries, triggering a settlement of equity linked note for a consideration of HK$195,789,033 which was settled in 2021 through the current accounts with AMTD Group under central treasury function. The Group recognized a gain of HK$82,948,667 from this transaction. During the year ended December 31, 2021, the underlying securities for the other equity linked note were disposed by one of the former fellow subsidiaries, triggering a settlement of equity linked note for a consideration of HK$181,633,667. The Group recognized a gain related to the disposed investment of HK$119,113,730 from this transaction which was settled through the current accounts with AMTD Group. During the year ended December 31, 2021, the Group disposed financial assets at fair value through profit or loss of HK$196,036,584 to a then fellow subsidiary. The Group recognized a gain related to the disposed investment of HK$5,998,446. The consideration of HK$196,036,584 was settled by way of the current accounts with AMTD Grou p During During the year ended December 31, 2021, the Group repurchased 69,144,673 Class B ordinary shares from AMTD Group amounting to HK$5,000,000,000. The consideration was settled through the current accounts with AMTD Group. During the year ended December 31, 2022, the Group repurchased 36,923,963 Class B ordinary shares from AMTD Group amounting to HK$2,500,000,000. The consideration was settled through the current accounts with AMTD Group. During the year ended December 31, 2022, the convertible bond was converted into 1,856,436 Class A ordinary shares. During the year ended December 31, 2022, the Company issued 5,852,805 Class A ordinary shares to a private investor at US$4.28 per share. The consideration amounting to HK$196,592,400 was settled through the transfer of a listed equity investment to the Group. (b) Changes in liabilities arising from financing activities Margin loans HK$ Derivative HK$ Convertible HK$ Bank Total HK$ At January 1, 2020 317,722,438 20,813,810 95,995,690 — 434,531,938 Cash flow from financing activities (330,197,734 ) — — 230,962,565 (99,235,169 ) Interest expenses 12,475,296 — 7,717,348 1,317,435 21,510,079 Fair value gain recognized in profit or loss — (7,765,148 ) — — (7,765,148 ) Exchange alignment — (94,349 ) (434,609 ) — (528,958 ) At December 31, 2020 — 12,954,313 103,278,429 232,280,000 348,512,742 Cash flow from financing activities — — — 151,263,786 151,263,786 Interest expenses — — 8,085,419 4,740,504 12,825,923 Exchange alignment — 798,360 606,536 586,210 1,991,106 At December 31, 2021 — 13,752,673 111,970,384 388,870,500 514,593,557 Cash flow from financing activities — — — (239,383,150 ) (239,383,150 ) Interest expenses — — 430,702 6,298,576 6,729,278 Fair value change — (13,347,266 ) — — (13,347,266 ) Non-cash Conversion of convertible bond — (405,407 ) (112,401,086 ) — (112,806,493 ) Acquisition of subsidiaries — — — 4,589,759 4,589,759 Exchange alignment — — — 103,416 103,416 At December 31, 2022 — — — 160,479,101 160,479,101

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related party transactions [abstract]
Related Party Transactions	29. RELATED PARTY TRANSACTIONS (A) In addition to the transactions disclosed elsewhere in these consolidated financial statements, the Group had the following transactions with related parties during the years: For the year ended December 31, Notes 2020 2021 2022 HK$ HK$ HK$ Capital market solutions services rendered to fellow subsidiaries (i) 30,233,187 1,147,769 20,655 Capital market solutions services rendered to related companies controlled by a director of the Company (i) 98,185,833 — 9,000,000 Capital market solutions services rendered to former fellow subsidiaries (i) — 104,300,690 — Management fee paid to immediate holding company (i) 150,000 150,000 137,500 Investment advisory fee paid to a fellow subsidiary (i) 180,000 180,000 165,000 Insurance commission paid to a fellow subsidiary (i) 105,251 58,228 — Insurance commission received from immediate holding (i) — — 31,531 Insurance commission received from a fellow subsidiary (i) — — 1,662 Digital solutions and other services income from immediate holding company (i) — — 12,466,667 Fashion and luxury media advertising and marketing (i) — — 22,616,160 Acquisition of investment from immediate holding (ii)(a) 556,161,528 163,180,000 — Acquisition of investments from fellow subsidiaries (ii)(b) 148,671,602 11,545,800 — Disposal of an investment to a former fellow subsidiary (ii)(c) — 196,036,584 — Administrative service fee paid to immediate holding (iii) 24,000,000 24,000,000 29,500,000 For the year ended December 31, Notes 2020 2021 2022 HK$ HK$ HK$ Interest income from immediate holding company (iv) 101,159,079 116,028,045 75,991,943 Stock lending interest income from a former fellow subsidiary (i) — 34,740 — Recharge from/(to) immediate holding company —Staff costs 20,156,843 22,081,545 31,986,661 —Premises cost 14,010,263 13,964,993 11,507,635 (iii) 34,167,106 36,046,538 43,494,296 Treasury shares repurchased from immediate holding company 28 — 5,000,000,000 2,500,000,000 Perpetual securities redeemed from a former fellow subsidiary — 4,648,331 — Perpetual securities redeemed from a related company — 35,719,218 — Acquisition of AMTD Digital from immediate holding company and fellow subsidiaries (ii)(d) — — 5,793,768,692 Net changes in fair value on derivative financial asset (v) 321,797,949 — — Consideration received for disposal of investments to a related party controlled by a director of the Company (v) 972,215,580 — — Consideration received for settlement of derivatives contracts with a related party controlled by a director of the Company (v) 618,682,641 — — Notes: (i) The terms of these services were comparable to the fee and conditions offered to the major customers of the Group. (ii) a. In 2020, the transaction represented the acquisition of 14.37% interest in a fellow subsidiary, AMTD Digital from AMTD Group based on fair value at the date of acquisition. In 2021, the transaction represented the acquisition of 19.9% interest in another fellow subsidiary, AMTD Assets Alpha Group, from AMTD Group based on the investee’s net asset value on the date of acquisition. The considerations were settled through the current account with AMTD Group. b. In 2020, the transactions represented the acquisition of equity linked notes from a former fellow subsidiaries based on the fair value as of the date of acquisition. In 2021, the transaction represented the acquisition of an unlisted equity investment from a fellow subsidiary. c. The transactions represented the disposal of unlisted equity investment to a related company based on the fair value as of the date of disposal. The gain on disposal amounted to HK$5,998,446. d. In 2022, the Group acquried 82.7% interest in AMTD Digital from the immediate holding company and fellow subsidiaries at a consideration of approximately US$993 million. Details refer to Note 34 (a). (iii) The staff costs and premises cost was recharged by the immediate holding company based on actual usage. Starting from July 2022, the immediate holding company charged a fixed service fee of HK$9,000,000 (HK$6,000,000 prior to July 2022) per quarter for other administrative expenses. (iv) The transaction represented the interest income charged at 2% per annum (Note 5) on the outstanding amount due from the immediate holding company which was payable on demand. (v) In December 2019, the controlling person of the counterparty, with which the Group has entered into the Agreements (Note 14), was appointed as a Director to the Board of Directors of the Company. Accordingly, the counterparty became a related party of the Company. On October 27, 2020, the Agreements were novated to an external party. (B) In addition to balances disclosed elsewhere in these consolidated financial statements, the Group had the following outstanding balances with related parties: (i) Treasury functions of the Group are conducted centrally under AMTD Group and inter-company fund transfers were carried out among the entities within AMTD Group. The treasury function manages available funds at AMTD Group level and allocates the funds to various entities within AMTD Group for their operations. On August 5, 2019 and July 15, 2022, the Group and its subsidiary entered into an intercompany financing agreement with its immediate holding company. Under such agreement, any intercompany receivables and payables balances with the immediate holding company and the fellow subsidiaries shall be settled on a net basis with the immediate holding company. As of December 31, 2021 and 2022, the net balance between the Group and the immediate holding company was an amount due from immediate holding company of HK$2,144,975,230 and HK$2,239,358,702 respectively, which bears interest at 2% per annum and are unsecured and repayable on demand. The Group did not have any outstanding balances with its fellow subsidiaries. For the years ended December 31, 2020, 2021 and 2022, there was no provision for credit loss on amounts due from immediate holding company. (C) Compensation of key management personnel of the Group: For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Short-term employee benefits 32,692,568 22,426,846 33,320,024 Other long-term benefit 54,745 55,200 99,750 32,747,313 22,482,046 33,419,774

Financial Instruments By Catego

Financial Instruments By Category	12 Months Ended
	Dec. 31, 2022
Disclosure of financial assets [abstract]
Financial Instruments By Category	30. FINANCIAL INSTRUMENTS BY CATEGORY The carrying amounts of each of the categories of financial instruments as of the end of the reporting period are as follows: As of December 31, 2021 Financial assets Financial assets at Financial Total Mandatorily fair value HK$ HK$ HK$ Accounts receivable — 86,514,680 86,514,680 Financial assets included in prepayments, deposits and other receivables — 1,196,110 1,196,110 Due from immediate holding company — 2,144,975,230 2,144,975,230 Financial assets at fair value through profit or loss 2,786,027,085 — 2,786,027,085 Derivative financial asset s 969,894,519 — 969,894,519 Other assets — 136,065,738 136,065,738 Cash and bank balances — 526,206,108 526,206,108 3,755,921,604 2,894,957,866 6,650,879,470 Financial liabilities Financial liabilities at loss Financial Total HK$ HK$ HK$ Accounts payable — 155,020,918 155,020,918 Financial liabilities included in other payables and accruals — 72,107,680 72,107,680 Bank borrowings — 388,870,500 388,870,500 Derivative financial liability 13,752,673 — 13,752,673 Convertible bond — 111,970,384 111,970,384 13,752,673 727,969,482 741,722,155 The carrying amounts of each of the categories of financial instruments as of the end of the reporting period are as follows (continued): As of December 31, 2022 Financial assets Financial assets at Financial assets at amortized cost Total Mandatorily fair value HK$ HK$ HK$ Accounts receivable — 187,673,616 187,673,616 Financial assets included in prepayments, deposits and other receivables — 954,518,603 954,518,603 Due from immediate holding company — 2,239,358,702 2,239,358,702 Financial assets at fair value through profit or loss 1,523,195,334 — 1,523,195,334 Derivative financial assets 1,443,134,162 — 1,443,134,162 Other assets — 9,620,468 9,620,468 Restricted cash — 3,239,362 3,239,362 Cash and bank balances — 1,078,411,335 1,078,411,335 2,966,329,496 4,472,822,086 7,439,151,582 Financial liabilities Financial liabilities Financial Total HK$ HK$ HK$ Accounts payable — 82,315,173 82,315,173 Financial liabilities included in other payables and accruals — 102,788,191 102,788,191 Bank borrowings — 160,479,101 160,479,101 — 345,582,465 345,582,465

Fair Value and Fair Value Hiera

Fair Value and Fair Value Hierarchy of Financial Instruments	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about financial instruments [abstract]
Fair Value and Fair Value Hierarchy of Financial Instruments	31. FAIR VALUE AND FAIR VALUE HIERARCHY OF FINANCIAL INSTRUMENTS The carrying amounts and fair values of the Group’s financial instruments measured at fair value are as follows: Carrying amounts Fair values As of December 31, As of December 31, 2021 2022 2021 2022 HK$ HK$ HK$ HK$ Financial assets Financial assets at fair value through profit or loss 2,786,027,085 1,523,195,334 2,786,027,085 1,523,195,334 Derivative financial asset s 969,894,519 1,443,134,162 968,386,750 1,443,214,318 3,755,921,604 2,966,329,496 3,754,413,835 2,966,409,652 Financial liabilities Derivative financial liability 13,752,673 — 13,752,673 — Management has assessed that the fair values of cash and bank balances, restricted cash, accounts receivable, financial assets included in prepayments, deposits and other receivables, amount due from immediate holding company, other assets, accounts payable, financial liabilities included in other payables and accruals, bank borrowings and convertible bond, approximate to their carrying amounts largely due to the short-term maturities of these instruments or repayable on demand, or that they are interest-bearing at market rates. The Group’s finance department headed by the finance director is responsible for determining the policies and procedures for the fair value measurement of financial instruments. The finance director reports directly to the chief financial officer. At each reporting date, finance department analyzes the movements in the values of financial instruments and determines the major inputs applied in the valuation. The valuation is reviewed and approved by the chief financial officer. The valuation procedures applied include consideration of recent transactions in the same security or financial instrument, recent financing of the investee companies, economic and market conditions, current and projected financial performance of the investee companies, and the investee companies’ management team as well as potential future strategies to realize the investments. The fair values of the financial assets and liabilities are included at the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. The following methods and assumptions were used to estimate the fair values: As of December 31, 2021 and 2022, the fair values of listed equity investments, including the stock loan, were based on quoted market prices. The valuation methodologies for material unlisted equity securities and movie income right investments are set out in Note 3 to the consolidated financial statements. The fair value of the derivative financial assets in relation to the Agreements was estimated using the MCS and was determined based on significant observable and unobservable inputs including the current stock price, dividend yield, risk-free rate, volatility of the underlying equity securities and the credit rating of the counterparty on the valuation date. MCS is a financial model that is commonly used to simulate variables that are highly unpredictable. The valuations performed using the MCS require management to estimate the volatility of the underlying equity securities and the credit rating of the counterparty and hence the valuations are subject to estimation uncertainty. The Group classifies the fair value of derivative financial assets in relation to the Agreement as Level 3. The management believed that the estimated fair values resulting from the valuation technique were reasonable. The accounting policy of the day 1 profit or loss arising from the difference between the transaction price and the fair value upon initial recognition is disclosed in Note 2.4 to the consolidated financial statements. The fair value of the conversion option embedded in the convertible bond is calculated based on the difference of the fair value of convertible bond as a whole using binomial method, and the fair value of the loan using the discounted cash flow method. The valuation of the fair value of convertible bond as a whole requires the Group to determine credit spread, discount rate, liquidity spread and volatility. Below is summary of significant unobservable inputs to valuation of financial instruments together with a quantitative sensitivity analysis as of December 31, 2021: Valuation Significant Range or Sensitivity of value to the input Unlisted equity investment Investment D Multiple/ EVA Equity volatility 75.29 % 5% increase/decrease in volatility results in decrease/increase in fair value by 0%/ 0% Median Forward P/E multiple of peers 2.10 5% increase/decrease in P/E multiple results in increase/decrease in fair value by 0%/1.9% Unlisted equity investment Investment E Multiple/ EVA Equity volatility 48.52 % 5% increase/decrease in volatility results in decrease/increase in fair value by 1.3%/1.3% Median Forward P/E multiple of peers 18.97 5% increase/decrease in P/E multiple results in increase/decrease in fair value by 4.2%/4.3% Unlisted equity investment Investment F Multiple/ EVA Average P/E multiple of peers 61.29 5% increase/decrease in P/E multiple results in increase/decrease in fair value by 5.0%/5.0% Discount of lack of marketability 45 % 5% increase/decrease in discount of lack of marketability results in decrease/increase in fair value by 4.1%/4.1% Unlisted equity investment Investment H Net asset value method Net asset value Note (a) 5% increase/decrease in net asset value results in increase/decrease in fair value by 5.0%/5.0% Derivative financial assets in relation to the Agreements MCS Volatility of Underlying Assets 35.95 % 5% increase/decrease in volatility results in increase/decrease in fair value by 0.06% Derivative financial liability Binomial option pricing model Volatility 46.21 % 5% increase/decrease in volatility results in increase/decrease in fair value by 0.07%/0.13% Discount rate 12.52 % 5% increase/decrease in discount rate results in decrease/increase in fair value by 0.70%/0.71% Below is summary of significant unobservable inputs to valuation of financial instruments together with a quantitative sensitivity analysis as of December 31, 2022: Valuation technique Significant Range or Sensitivity of value to the input Unlisted equity investment Net asset value method Net asset value Note (a) 5% increase/decrease in net asset value results in increase/decrease in fair value by 5.0%/5.0% Unlisted equity investment Multiple/EVA Equity volatility 69.60% 5% increase/decrease in volatility results in decrease/increase in fair value by 0.0%/0.0% Movie income right investments Income approach Discount rate 10.40%-12.59% 5% increase/decrease in the discount rate results in decrease/increase in fair value by 5.0%/5.0% Derivative financial assets in MCS Volatility of 49.78% 5% increase/decrease in volatility results in increase/decrease in fair value by 0.1%/0.1% Note: (a) The fair value is derived from the net asset value of Investment H that is mostly attributable from its underlying property investments with their fair value being measured by income approach. The directors of the Company considered that remaining assets or liabilities in Investment H are not significant to the amount of overall investment and approximated to their fair value. Fair Value Hierarchy The following tables illustrate the fair value measurement hierarchy of the Group’s financial instruments: Assets measured at fair value Fair value measurement using Quoted prices in (Level 1) Observable (Level 2) Significant (Level 3) Total HK$ HK$ HK$ HK$ As of December 31, 2021 Financial assets at fair value through profit or loss 1,055,407,260 21,525,064 1,709,094,761 2,786,027,085 Derivative financial asset — — 969,894,519 969,894,519 1,055,407,260 21,525,064 2,678,989,280 3,755,921,604 As of December 31, 2022 Financial assets at fair value through profit or loss 861,455,286 33,804,838 627,935,210 1,523,195,334 Derivative financial assets — 137,877,845 1,305,256,317 1,443,134,162 861,455,286 171,682,683 1,933,191,527 2,966,329,496 Liability measured at fair value Fair value measurement using Quoted prices (Level 1) Observable (Level 2) Significant (Level 3) Total HK$ HK$ HK$ HK$ As of December 31, 2021 Derivative financial liabilities — — 13,752,673 13,752,673 During the year ended December 31, 2021, the valuation technique for the fair value of Investment F has been changed due to the lack of recent transaction price. Since February 23, 2022, the acquisition of majority stake of AMTD Digital has been completed, the original investment in AMTD Digital was derecognized The movements in fair value measurements within Level 3 during the years are as follow: For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Financial assets at fair value through profit or loss: At January 1, 322,697,916 299,855,685 1,709,094,761 Addition — 163,180,000 169,303,189 Disposal — (196,036,584 ) (354,050,259 ) Transfer (Note 3) — 1,120,244,487 11,630,000 Derecognition (Note 34(a)) — — (1,271,643,878 ) Receipt of investment return — — (20,899,338 ) Total (losses) gains in profit or loss (22,842,231 ) 321,851,173 384,500,735 At December 31, 299,855,685 1,709,094,761 627,935,210 The total profits for the year included an unrealized gain of HK$216,520,744 relating to level 3 financial assets at FVTPL that are measured at fair value held as at December 31, 202 2 and unrealized loss of HK$22,842,231 as at December 31, 2021 and 2020, respectively). Fair value gains or losses on financial assets at FVTPL are included in the “Net fair value changes on financial assets at fair value through profit or loss (except derivative financial assets)” line item. Included in the total (losses) gains in profit or loss for the year ended December 31, 2022 is HK$168,063,704 relating to gain from disposal of financial assets at fair value through profit or loss. For the year ended December 31, 2021 2022 HK$ HK$ Derivative financial assets in relation to the Agreements (Note 14): At January 1, 1,023,902,566 969,894,519 Recognition of day 1 profit or loss deferred on inception of contract, renegotiation and extension 14,591,113 15,588,500 Net fair value gains recognized in profit or loss (68,599,160 ) 331,293,928 Gain related to disposed investment — 3,786,355 Partial settlement — (15,306,985 ) At December 31, 969,894,519 1,305,256,317 For the year ended December 31, 2021 2022 HK$ HK$ Derivative financial liability (Note 25): At January 1, 12,954,313 13,752,673 Net fair value changes recognized in profit or loss 798,360 (13,347,266 ) Converted into class A shares — (405,407 ) At December 31, 13,752,673 —

Financial Risk Management Objec

Financial Risk Management Objectives and Policies	12 Months Ended
	Dec. 31, 2022
Financial Risk Management Objective And Policies [Abstract]
Financial Risk Management Objectives and Policies	32. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES The Group has various financial assets and liabilities such as financial assets at fair value through profit or loss, accounts receivable, financial assets included in prepayments, deposits and other receivables, amount due from immediate holding company, other assets, restricted cash and cash and bank balances, accounts payable, financial liabilities included in other payables and accruals, bank borrowings, convertible bond and derivative financial liability which primarily arise directly from its operations. The main risks arising from the Group’s financial instruments are price risk, foreign currency risk, interest rate risk, credit risk and liquidity risk. Management manages and monitors these risks to ensure appropriate measures are implemented on a timely and effective manner. Price risk Equity price risk is the risk that the fair values of equity investments decrease as a result of changes in the levels of equity indices and the value of individual securities. The Group is exposed to equity securities price risk because certain investments held by the Group are classified in the consolidated statements of financial position as financial assets at fair value through profit or loss. Profit for the year would increase/decrease as a result of gains/losses on equity securities classified as financial assets at fair value through profit or loss. At December 31, 2021 and 2022, if there had been a 5% increase/decrease in the equity price of listed equity shares, included in financial assets at fair value through profit or loss, with all other variables held constant, the Group’s profit before tax would have been approximately HK$52,770,000 and HK$43,073,000 higher/lower. At December 31, 2021 and 2022, if there had been a 5% increase/decrease in the equity price of unlisted equity shares , The Group had concentration risk in its strategic investments segment as 81% (2021: 100%) of listed equity shares at December 31, 2021 and 2022 were investments in listed equity shares in Investment A, and 0% (2021: 65%) and 97% (2021: 28%) of unlisted equity shares at December 31, 2021 and 2022 were investments in Investment F and Investment H, respectively. On April 1, 2019, the Group entered Agreements with the counterparty in relation to the movement of the share price of the entirety of the Underlying Assets to reduce the Group’s exposure the changes in fair value of financial assets. The Agreements were modified and renewed several times as disclosed in Note 14. The derivative financial asset is initially recognized at fair value and are subsequently remeasured at fair value. Any gains or losses arising from changes in fair value of derivative financial asset are taken directly to profit or loss. During the year ended December 31, 2021 and 2022, changes in the fair value of the derivative financial asset of HK$54,008,047 and HK$484,760,273, were charged to profit or loss. Foreign currency risk Certain transactions of the Group are denominated in foreign currencies which are different from the functional currency of group entities, and therefore the Group is exposed to foreign currency risk. The Group currently does not have a foreign currency hedging policy. However, management monitors foreign exchange exposure and will consider hedging significant foreign exchange exposure should the need arise. As HK$ is currently pegged to United States dollars (“US$”), management considers that there is no significant foreign currency risk arising from the Group’s monetary assets and the liability denominated in US$. The Group’s key currency risk exposure primarily arises from accounts receivable, payable and bank balances denominated in other currencies. As of December 2021 and 2022, the Group had no significant exposure to foreign currency risk. Consequently, no sensitivity analysis has been performed and disclosed. Interest rate risk The Group is exposed to fair value interest rate risk in relation to fixed-rate amount due from immediate holding company, convertible bond and bank borrowings. The Group cash flow interest rate risk is mainly concentrated on the fluctuation of interest rates on bank balance, and US$ denominated bank borrowings based on Wall Street Journal prime rate. The Group is also exposed to cash flow interest rate risk in relation to variable-rate bank balances and variable-rate bank borrowings. The Group aims at keeping borrowings at variable rates. The Group manages its interest rate exposures by assessing the potential impact arising from any interest rate movements based on interest rate level and outlook. The management will review the proportion of borrowings in fixed and floating rates and ensure they are within reasonable range. No sensitivity analysis has been presented for variable rate bank balances and variable rate bank borrowings as the bank deposit and bank borrowings as the cash flow interest rate risk Credit risk Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to the Group. The Group has adopted a policy of only dealing with creditworthy counterparties, as a means of mitigating the risk of financial loss from defaults. The Group’s exposure of its counterparties is continuously monitored and the aggregate value of transactions concluded is spread amongst approved counterparties. Credit exposure is controlled by counterparty limits that are reviewed and approved by the management periodically. The Group has credit risk exposure in relation the Agreements entered into with a counterparty amounting to HK$969,894,519 and HK$1,305,256,317 as of December 31, 2021 and 2022, respectively (Note 14). As of December 31, 2021 and 2022, the market value of listed securities pledged to the Group in relation to the A The carrying amount of financial assets recorded in the consolidated financial statements, grossed up for any allowances for losses, represents the Group’s maximum exposure to credit risk. Other than accounts receivable mentioned in Note 11, the credit risk on liquid funds is limited because the counterparties are mainly banks with sound credit. The directors of the Company consider the credit risk on amounts from immediate holding company and other receivables are not significant after considering counterparties’ financial background and creditability. Therefore, the directors of the Company concluded that no ECL impairment is recognized as the amount is not material. Maximum exposure and staging as of December 31, 2021 and 2022 As of December 31, 2021 12-month Lifetime ECLs Stage 1 Stage 2 Stage 3 Simplified HK$ Accounts receivable* 21,545,865 — — 64,968,815 86,514,680 Financial assets included in prepayments, deposits and other receivables —Normal** 1,196,110 — — — 1,196,110 Due from immediate holding company —Normal** 2,144,975,230 — — — 2,144,975,230 Other assets — Not yet past due 136,065,738 — — — 136,065,738 Cash and bank balances — Not yet past due 526,206,108 — — — 526,206,108 2,829,989,051 — — 64,968,815 2,894,957,866 * For accounts receivable to which the Group applies the simplified approach for impairment, information based on the provision matrix and internal credit rating mentioned in Note 11 to the consolidated financial statements. ** The credit quality of the financial assets included in prepayments, deposits and other receivables, and due from immediate holding company is considered to be “normal” when they are not past due and there is no information indicating that the financial assets had a significant increase in credit risk since initial recognition; “doubtful” when there has been significant increase in credit risk since initial recognition through information developed internally or externally; “loss” when there is evidence indicating the asset is credit-impaired: and “ write-off As of December 31, 2022 12-month Lifetime ECLs Stage 1 Stage 2 Stage 3 Simplified HK$ Accounts receivable* — — — 187,673,616 187,673,616 Financial assets included in prepayments, deposits and other receivables —Normal** 954,518,603 — — — 954,518,603 Due from immediate holding company —Normal** 2,239,358,702 — — — 2,239,358,702 Other assets — Not yet past due 9,620,468 — — — 9,620,468 Restricted cash — Not yet past due 3,239,362 — — — 3,239,362 Cash and bank balances — Not yet past due 1,078,411,335 — — — 1,078,411,335 4,285,148,470 — — 187,673,616 4,472,822,086 * For accounts receivable to which the Group applies the simplified approach for impairment, information based on the provision matrix and internal credit rating mentioned in Note 11 to the consolidated financial statements. ** The credit quality of the financial assets included in prepayments, deposits and other receivables, and due from immediate holding company is considered to be “normal” when they are not past due and there is no information indicating that the financial assets had a significant increase in credit risk since initial recognition; “doubtful” when there has been significant increase in credit risk since initial recognition through information developed internally or externally; “loss” when there is evidence indicating the asset is credit-impaired: and “ write-off Liquidity risk The Group aims to maintain cash and credit lines to meet its liquidity requirements. The Group finances its working capital requirements through a combination of funds generated from operations, loans and equity financing. The following tables detail the Group’s remaining contractual maturity for its financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Group can be required to pay. As of December 31, 2021 Weighted On demand 3 months 1 to 5 years Total % HK$ HK$ HK$ HK$ Accounts payable N/A 155,020,918 — — 155,020,918 Bank borrowings 2.1 % 390,926,836 2,631,251 — 393,558,087 Financial liabilities included in other payables and accruals N/A 72,107,680 — — 72,107,680 Convertible bond 7.8 % — — 125,319,026 125,319,026 618,055,434 2,631,251 125,319,026 746,005,711 As of December 31, 2022 Weighted On demand 3 months 1 to 5 years Total % HK$ HK$ HK$ HK$ Accounts payable N/A 82,315,173 — — 82,315,173 Bank borrowings 6.3 % 158,011,249 622,237 3,614,825 162,248,311 Financial liabilities included in other payables and accruals N/A 102,788,191 — — 102,788,191 343,114,613 622,237 3,614,825 347,351,675 Capital risk management The Group manages its capital to ensure that the Group will be able to continue as a going concern while maximising the return to stakeholders through the optimisation of the debt and equity balance. The capital structure of the Group consists of debt which includes bank borrowings and equity attributable to equity holders of the Company, comprising share capital, treasury shares, There were no changes on the Group’s approach to capital risk management during the years ended December 31, 2021 and 2022.

Share Based Compensation

Share Based Compensation	12 Months Ended
	Dec. 31, 2022
Stock Incentive Plan [Abstract]
Share-based compensation	33. SHARE-BASED COMPENSATION AMTD SpiderMan Share Incentive Plan In June 2019, the Group’s board of directors approved the AMTD SpiderMan Share Incentive Plan, or the 2019 Plan, to attract and retain the best available personnel, provide additional incentives to employees, directors, and consultants, and promote the success of the business. The maximum aggregate number of ordinary shares that may be issued under the 2019 Plan is initially 20,000,000 and on January 1 of each year after the effective date of the 2019 Plan, will automatically increase to the number of shares that is equal to ten Share-based compensation of AMTD Digital On August 3, 2020, AMTD Digital granted 38,710 shares of Class A ordinary shares, which has a vesting period of 3 years, to an employee of AMTD Digital. The grant date fair value of the Class A ordinary shares of AMTD Digital is determined based on recent transaction price of equity share of AMTD Digital. On July 31, 2021, AMTD Digital granted 17,540 restricted shares units of Class A ordinary shares of AMTD Digital (“RSUs”) to an employee of AMTD Digital. The RSUs granted have a vesting period of three years of employment services with the first one-third vesting on the first anniversary from grant date, and the remaining two third vesting on an annual basis over a two-year period ending on the third anniversary of the grant date. The grant date fair value of the RSUs is determined based on recent transaction price of the equity share of AMTD Digital. The non-vested shares and RSUs are not transferable and may not be sold or pledged and the holder has no voting or dividend right. In the event a non-vested shareholder’s employment for AMTD Digital is terminated for any reason prior to the third anniversary of the grant date, the holder’s right to the non-vested shares and RSUs will terminate effectively. The outstanding non-vested shares and RSUs shall be forfeited and automatically transferred to and reacquired by AMTD Digital without any consideration. The aggregate fair value of the restricted shares and RSUs at grant date was HK$ for the year ended December 31, 2022. 5,847 RSUs were vested during the year ended December 31, 2022. The share-based payment expense amounted to HK$1,595,372 As of December 31, 2022, there was HK$ unrecognized compensation cost related to non-vested shares and RSUs of AMTD Digital which is expected to be recognized over a weighted average vesting period of years .

Acquisitions of Subsidiaries

Acquisitions of Subsidiaries	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about business combination [abstract]
Acquisitions of Subsidiaries	34. ACQUISITIONS OF SUBSIDIARIES (a) Acquisition of AMTD Digital In February 2022, the Company acquired an 82.7% shareholding of AMTD Digital by issuing new Class A and Class B shares to the selling shareholders of AMTD Digital at a consideration of approximately US$993 million, which was based on the agreed share price of US$8.38 per share of the Company. The transaction was completed and AMTD Digital became a consolidated subsidiary of the Company since March 1, 2022 based on business combination under common control using predecessor accounting prospectively. The original 14.4% equity interest in AMTD Digital, accounted for as financial assets at fair value through profit or loss, was derecognized upon consolidation of AMTD Digital. The difference between the consideration and the net asset value of AMTD Digital, amounting to approximately HK$6,049 million, was recorded in capital reserve within the statement of changes in equity. Consideration transferred HK$ Fair value of previously held equity interest 1,271,643,878 Ordinary shares of the Company 7,756,228,581 9,027,872,459 No acquisition-related cost has been recognized as an expense for the year ended December 31, 2022. Assets acquired and liabilities recognized at the date of acquisition HK$ Intangible assets 37,565,776 Goodwill 58,675,041 Property, plant and equipment 138,647 Other assets 13,695,802 Cash and bank balances 101,977,036 Accounts receivable 58,752,389 Prepayments, deposits and other receivables 278,018,221 Due from immediate holding company 2,484,684,809 Financial assets at fair value through profit or loss 165,643,411 Account s (8,739,902 ) Other payables and accruals (67,568,783 ) Tax payable (28,213,719 ) Deferred tax liabilities (5,953,845 ) Total identifiable net assets 3,088,674,883 Reserve arising on acquisition: HK$ Consideration transferred 9,027,872,459 Plus: non-controlling interests of AMTD Digital 89,294,338 Plus: non-controlling interests of AMTD Digital’s subsidiaries 20,848,000 Less: recognized amounts of net assets acquired (3,088,674,883 ) 6,049,339,914 Note: The non-controlling non-controlling Net cash inflow on acquisition of AMTD Digital HK$ Cash consideration paid — Add: cash and cash equivalent balances acquired 101,977,036 101,977,036 Impact of acquisition of AMTD Digital on the results of the Group Revenue for the year includes HK$298.0 million generated from AMTD Digital from March 1, 2022 to December 31, 2022. Included in the profit for the year is HK$250.5 million segmental result attributable to the additional business generated by AMTD Digital from March 1, 2022 to December 31, 2022. Had the acquisition of AMTD Digital been completed on January 1, 2022, revenue for the year of the Group would have been HK$1,252.4 million, and the profit for the year would have been HK$1,130.8 million. The pro forma information is for illustrative purposes only and is not necessarily an indication of revenue and results of operations of the Group that actually would have been achieved had the acquisition been completed on January 1, 2022, nor is it intended to be a projection of future results. (b) Acquisition of L’Officiel In April 2022, the Company acquired 100% equity interest of L’Officiel. The consideration of the acquisition amounting to HK$492,824,872 was paid by immediate holding company on behalf of the Group which was subsequently settled through the current account with the immediate holding company during the year ended December 31, 2022. The transaction was completed and L’Officiel became a consolidated subsidiary of the Company since May 1, 2022 using acquisition accounting. As of end of the reporting period, the initial recognition and measurement of intangible assets acquired has not been completed. Accordingly, the purchase price allocation and accounting of the acquisition is not complete and on a provisional basis. Those provisional amounts may be adjusted during the measurement period or additional assets or liabilities are recognized, to reflect new information obtained about facts and circumstances that existed at the acquisition date that, if known, would have affected the amounts recognized at that date. Consideration transferred HK$ Consideration settled by amount due from immediate holding company 492,824,872 No acquisition-related cost has been recognized as an expense for the year ended December 31, 2022. Assets acquired and liabilities recognized at the date of acquisition HK$ Intangible assets 724,253,789 Restricted cash 3,746,823 Cash and bank balances 1,935,822 Accounts receivables 14,555,302 Prepayments, deposits and other receivables 21,537,765 Accounts payable (90,183,339 ) Other payables and accruals (86,606,246 ) Provisions (32,131,266 ) Bank borrowings (4,589,759 ) Deferred tax liabilities ) Total identifiable net assets at fair value 530,791,277 The gross contractual amounts of accounts receivable and other receivables as at the date of acquisition amounted to HK$14,555,302 and HK$19,557,396, respectively. No accounts receivable and other receivables were expected to be uncollectible. Gain arising on acquisition: HK$ Recognized amounts of net assets acquired 530,791,277 Less: Consideration transferred (492,824,872 ) 37,966,405 Bargain purchase gain amounting to HK$37,966,405 Net cash inflow on acquisition of L’Officiel HK$ Cash consideration paid — Add: cash and cash equivalent balances acquired 1,935,822 1,935,822 Impact of acquisition of L’Officiel on the results of the Group Revenue for the year includes HK$59.7 million generated from L’Officiel from May 1, 2022 to December 31, 2022. Included in the profit for the year is HK$ million segmental result attributable to the additional business generated by L’Officiel from May 1, 2022 to December 31, 2022. Had the acquisition of L’Officiel been completed on January 1, 2022, revenue for the year of the Group would have been HK$ million, and the profit for the year would have been HK$ million. The pro forma information is for illustrative purposes only and is not necessarily an indication of revenue and results of operations of the Group that actually would have been achieved had the acquisition been completed on January 1, 2022, nor is it intended to be a projection of future results.

Pending Litigation

Pending Litigation	12 Months Ended
	Dec. 31, 2022
Disclosure In Entirety Of Litigation [Abstract]
Pending Litigation	35. PENDING LITIGATION The Group is subject to periodic legal or administrative proceedings in the ordinary course of business. Any situation will be reviewed in conjunction with the Group’s legal advisors. The Group does not believe that any currently pending legal proceeding to which the Group is a party will have a material effect on its business, results of operations or cash flows.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2022
Disclosure of non-adjusting events after reporting period [abstract]
Subsequent Events	36. SUBSEQUENT EVENTS On August 16, 2022, the Group entered into certain agreements with the immediate holding company of the Group, pursuant to which AMTD Group will inject into the Group % of the equity interest in AMTD Assets Group (“AMTD Assets”), which holds a global portfolio of premium whole building properties, with a fair market value of approximately million. After deducting the outstanding liabilities associated with the properties, the net purchase consideration amounted to US$ million, which will be settled by the issuance of newly issued Class B ordinary shares of the Company at US$8.68 per share. The transaction has been completed in February 2023 and the Group will adopt the principle of pooling of interest method. The Company is in the process of concluding the assets acquired and liabilities assumed and therefore such information has not been included in these consolidated financial statements. The Company entered into share subscription agreements with certain selected investors on April 19, 2023. The investors agreed to subscribe for and purchase from the Company a total of 90,000,000 newly issued Class A ordinary shares of Company with total proceeds of US$93.6 million.

Approval of Consolidated Financ

Approval of Consolidated Financial Statements	12 Months Ended
	Dec. 31, 2022
Disclosure of non-adjusting events after reporting period [abstract]
Approval of Consolidated Financial Statements	37. APPROVAL OF CONSOLIDATED FINANCIAL STATEMENTS The consolidated financial statements were approved and authorised for issue by the Board of Directors on April 21

Basis of Presentation (Policies

Basis of Presentation (Policies)	12 Months Ended
	Dec. 31, 2022
Basis of Presentation [Abstract]
Business combinations	Business combinations A business is an integrated set of activities and assets which includes an input and a substantive process that together significantly contribute to the ability to create outputs. The acquired processes are considered substantive if they are critical to the ability to continue producing outputs, including an organized workforce with the necessary skills, knowledge, or experience to perform the related processes or they significantly contribute to the ability to continue producing outputs and are considered unique or scarce or cannot be replaced without significant cost, effort, or delay in the ability to continue producing outputs. Acquisitions of businesses, other than business combination under common control, are accounted for using the acquisition method. The consideration transferred in a business combination is measured at fair value, which is calculated as the sum of the acquisition-date fair values of the assets transferred by the Group, liabilities incurred by the Group to the former owners of the acquiree and the equity interests issued by the Group in exchange for control of the acquiree. Acquisition-related costs are generally recognized in profit or loss as incurred. For business combinations in which the acquisition date is on or after January 1, 2022, the identifiable assets acquired and liabilities assumed must meet the definitions of an asset and a liability in the Conceptual Framework except for transactions and events within the scope of IAS 37 or IFRIC 21, in which the Group applies IAS 37 or IFRIC 21 instead of the Conceptual Framework to identify the liabilities it has assumed in a business combination. Contingent assets are not recognized. At the acquisition date, the identifiable assets acquired and the liabilities assumed are recognized at their fair value. Goodwill is measured as the excess of the sum of the consideration transferred, the amount of any non-controlling re-assessment, non-controlling Non-controlling non-controlling transaction-by-transaction non-controlling Business combinations under common cont rol The Company accounts for the business combination with entities under common control using historical carrying values and under a prospective basis (referred to herein as predecessor accounting) which involves the Company accounting for the combination prospectively from the date on which it occurred. For predecessor accounting: • Assets and liabilities of the acquired entity are stated at carrying amounts. Fair value measurement is not required. • Income statement reflects the results of the combining parties. • No new goodwill arises in predecessor accounting. • Any difference between the consideration given and the aggregate carrying value of the assets and liabilities of the acquired entity at the date of the transaction is recognized in capital reserve.
Goodwill	Goodwill Goodwill arising on an acquisition of a business is carried at cost as established at the date of acquisition of the business (see the accounting policy above) less accumulated impairment losses, if any. For the purposes of impairment testing, goodwill is allocated to each of the Group’s cash-generating units (or groups of cash-generating units) that is expected to benefit from the synergies of the combination, which represent the lowest level at which the goodwill is monitored for internal management purposes and not larger than an operating segment. A cash-generating unit (or groups of cash-generating units) to which goodwill has been allocated is tested for impairment annually or more frequently when there is indication that the unit may be impaired. For goodwill arising on an acquisition in a reporting period, the cash-generating unit (or groups of cash-generating units) to which goodwill has been allocated is tested for impairment before the end of that reporting period. If the recoverable amount is less than its carrying amount, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated and then to the other assets on a pro-rata On disposal of the relevant cash-generating unit or any of the cash-generating unit within the group of cash-generating units, the attributable amount of goodwill is included in the determination of the amount of profit or loss on disposal. When the Group disposes of an operation within the cash-generating unit (or a cash-generating unit within a group of cash-generating units), the amount of goodwill disposed of is measured on the basis of the relative values of the operation (or the cash-generating unit) disposed of and the portion of the cash-generating unit (or the group of cash-generating units) retained.
Fair value measurement	Fair value measurement The Group measures its derivative financial instruments, movie income right investments and equity investments at fair value at the end of each reporting period. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction to sell the asset or transfer the liability takes place either in the principal market for the asset or liability, or in the absence of a principal market, in the most advantageous market for the asset or liability. The principal or the most advantageous market must be accessible by the Group. The fair value of an asset or a liability is measured using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest. The Group uses valuation techniques that are appropriate in the circumstances and for which sufficient data are available to measure fair value, maximizing the use of relevant observable inputs and minimizing the use of unobservable inputs. All assets and liabilities for which fair value is measured or disclosed in the consolidated financial statements are categorized within the fair value hierarchy, described as follows, based on the lowest level input that is significant to the fair value measurement as a whole: Level 1 — based on quoted prices (unadjusted) in active markets for identical assets or liabilities Level 2 — based on valuation techniques for which the lowest level input that is significant to the fair value measurement is observable, either directly or indirectly Level 3 — based on valuation techniques for which the lowest level input that is significant to the fair value measurement is unobservable For assets and liabilities that are recognized in the consolidated financial statements on a recurring basis, the Group determines whether transfers have occurred between levels in the hierarchy by reassessing categorization (based on the lowest level input that is significant to the fair value measurement as a whole) at the end of each reporting period.
Impairment of non-financial assets	Impairment of non-financial At the end of the reporting period, the Group reviews the carrying amounts of its property, plant and equipment and intangible assets with finite useful lives to determine whether there is any indication that these assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the relevant asset is estimated in order to determine the extent of the impairment loss (if any). Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment at least annually, and whenever there is an indication that they may be impaired. The recoverable amount of property, plant and equipment, and intangible assets are estimated individually. When it is not possible to estimate the recoverable amount individually, the Group estimates the recoverable amount of the cash-generating unit to which the asset belongs. In testing a cash-generating unit for impairment, corporate assets are allocated to the relevant cash-generating unit when a reasonable and consistent basis of allocation can be established, or otherwise they are allocated to the smallest group of cash generating units for which a reasonable and consistent allocation basis can be established. The recoverable amount is determined for the cash-generating unit or group of cash-generating units to which the corporate asset belongs, and is compared with the carrying amount of the relevant cash-generating unit or group of cash-generating units. Recoverable amount is the higher of fair value less costs of disposal and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax If the recoverable amount of an asset (or a cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or a cash-generating unit) is reduced to its recoverable amount. For corporate assets or portion of corporate assets which cannot be allocated on a reasonable and consistent basis to a cash-generating unit, the Group compares the carrying amount of a group of cash-generating units, including the carrying amounts of the corporate assets or portion of corporate assets allocated to that group of cash-generating units, with the recoverable amount of the group of cash-generating units. In allocating the impairment loss, the impairment loss is allocated first to reduce the carrying amount of any goodwill (if applicable) and then to the other assets on a pro-rata Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit or a group of cash-generating units) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset (or a cash-generating unit or a group of cash-generating units) in prior years. A reversal of an impairment loss is recognized immediately in profit or loss.
Related parties	Related parties A party is considered to be related to the Group if: (a) the party is a person or a close member of that person’s family and that person (i) has control or joint control over the Group; (ii) has significant influence over the Group; or (iii) is a member of the key management personnel of the Group or of a parent of the Group; or (b) the party is an entity where any of the following conditions applies: (i) the entity and the Group are members of the same group; (ii) one entity is an associate or joint venture of the other entity (or of a parent, subsidiary or fellow subsidiary of the other entity); (iii) the entity and the Group are joint ventures of the same third party; (iv) one entity is a joint venture of a third entity and the other entity is an associate of the third entity; (v) the entity is a post-employment benefit plan for the benefit of employees of either the Group or an entity related to the Group; and the sponsoring employers of the post-employment benefit plan; (vi) the entity is controlled or jointly controlled by a person identified in (a); (vii) a person identified in (a)(i) has significant influence over the entity or is a member of the key management personnel of the entity (or of a parent of the entity); and (viii) the entity, or any member of a group of which it is a part, provides key m
Property, plant and equipment and depreciation	Property, plant and equipment and depreciation Property, plant and equipment are stated at cost less accumulated depreciation and any impairment losses. The cost of an item of property, plant and equipment comprises its purchase price and any directly attributable costs of bringing the asset to its working condition and location for its intended use. Expenditure incurred after items of property, plant and equipment have been put into operation, such as repairs and maintenance, is normally charged to profit or loss in the year in which it is incurred. In situations where the recognition criteria are satisfied, the expenditure for a major inspection is capitalized in the carrying amount of the asset as a replacement. Where significant parts of property, plant and equipment are required to be replaced at intervals, the Group recognizes such parts as individual assets with specific useful lives and depreciates them accordingly. Depreciation is calculated on a straight-line basis to write off the cost of each item of property, plant and equipment to its residual value over its estimated useful life. The principal annual rates used for this purpose are as follows: Furniture and fixtures Computer equipment 33 1 3 Where parts of an item of property, plant and equipment have different useful lives, the cost of that item is allocated on a reasonable basis among the parts and each part is depreciated separately. Residual values, useful lives and the depreciation method are reviewed, and adjusted if appropriate, at least at each financial year end. An item of property, plant and equipment including any significant part initially recognized is derecognized upon disposal or when no future economic benefits are expected from its use or disposal. Any gain or loss on disposal or retirement recognized in profit or loss in the year the asset is derecognized is the difference between the net sales proceeds and the carrying amount of the relevant asset.
Intangible assets (other than goodwill)	Intangible assets (other than goodwill) Intangible assets acquired separately Intangible assets with finite useful lives that are acquired separately are carried at costs less accumulated amortization. Amortization for intangible assets with finite useful lives is recognized on a straight-line basis over their estimated useful lives. The estimated useful life and amortization method are reviewed at the end of each reporting period, with the effect of any changes in estimate being accounted for on a prospective basis. Intangible assets with indefinite useful lives that are acquired separately are carried at cost less any subsequent accumulated impairment losses. Intangible assets acquired in a business combination Intangible assets acquired in a business combination are recognized separately from goodwill and are initially recognized at their fair value at the acquisition date (which is regarded as their cost). Subsequent to initial recognition, intangible assets acquired in a business combination with finite useful lives are reported at costs less accumulated amortization and any accumulated impairment losses being their fair value at the date of the revaluation less subsequent accumulated amortization and any accumulated impairment losses, on the same basis as intangible assets that are acquired separately. Intangible assets acquired in a business combination with indefinite useful lives are carried at cost less any subsequent accumulated impairment losses. An intangible asset is derecognized on disposal, or when no future economic benefits are expected from use or disposal. Gains and losses arising from derecognition of an intangible asset, measured as the difference between the net disposal proceeds and the carrying amount of the asset, are recognized in profit or loss when the asset is derecognized.
Financial instruments - Investments and other financial assets	Financial instruments - Investments and other financial assets Initial recognition and measurement The classification of financial assets at initial recognition depends on the financial asset’s contractual cash flow characteristics and the Group’s business model for managing them. With the exception of accounts receivable arising from contracts with customers that do not contain a significant financing component or for which the Group has applied the practical expedient of not adjusting the effect of a significant financing component, the Group initially measures a financial asset at its fair value, plus in the case of a financial asset not at fair value through profit or loss, transaction costs. Accounts receivable that do not contain a significant financing component or for which the Group has applied the practical expedient are measured at the transaction price determined under IFRS 15 Revenue from Contracts with Customers (“IFRS 15”) in accordance with the policies set out for “Revenue recognition” below. In order for a financial asset to be classified and measured at amortized cost, the contractual terms needs to give rise to cash flows that are solely payments of principal and interest (“SPPI”) on the principal amount outstanding and the financial asset needs to be held within a business model whose objective is to collect contractual cash flows. The Group’s business model for managing financial assets refers to how it manages its financial assets in order to generate cash flows. The business model determines whether cash flows will result from collecting contractual cash flows, selling the financial assets, or both. Financial assets classified and measured at amortized cost are held within a business model with the objective to hold financial assets in order to collect contractual cash flows. Financial assets classified and measured at fair value through other comprehensive income are held within a business model with the objective to hold financial assets in order to sell and collect contractual cash flows. Financial assets which are not held within the aforementioned business models are classified and measured at fair value through profit or loss. All regular way purchases or sales of financial assets are recognized and derecognized on a trade date basis. Regular way purchases or sales are purchases or sales of financial assets that require delivery of assets within the time frame established by regulation or convention in the marketplace. Subsequent measurement The subsequent measurement of financial assets depends on their classification as follows: Financial assets at amortized cost (debt instruments) Financial assets at amortized cost are subsequently measured using the effective interest method and are subject to impairment. Gains and losses are recognized in the consolidated statements of profit or loss when the asset is derecognized, modified or impaired. The effective interest method is a method of calculating the amortized cost of a financial asset and of allocating interest income and interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts and payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial asset, or, where appropriate, a shorter period, to the net carrying amount on initial recognition. Financial assets at fair value through profit or loss Financial assets at fair value through profit or loss are carried in the consolidated statements of financial position at fair value with net changes in fair value recognized in profit or loss. The amount of realized gains and losses represents the difference between the fair value at the beginning of the year or purchase date in the year and disposal date of the financial instruments, which is recognized in the consolidated statements of profit or loss and included in “dividend and gain related to disposed financial assets at fair value through profit or loss”. This category includes debt investments at fair value through profit or loss, derivative instruments and equity investments which the Group had not irrevocably elected to classify at fair value through other comprehensive income. Dividends income which is derived from Group’s ordinary course of business is recognized as revenue in the consolidated statements of profit or loss when the right of payment has been established, it is probable that the economic benefits associated with the dividend will flow to the Group and the amount of the dividend can be measured reliably.
Derecognition of financial assets	Derecognition of financial assets A financial asset (or, where applicable, a part of a financial asset or part of a group of similar financial assets) is derecognized (i.e., removed from the Group’s consolidated statements of financial position) when: • the rights to receive cash flows from the asset have expired; or • the Group has transferred its rights to receive cash flows from the asset or has assumed an obligation to pay the received cash flows in full without material delay to a third party under a “pass-through” arrangement; and either (a) the Group has transferred substantially all the risks and rewards of the asset, or (b) the Group has neither transferred nor retained substantially all the risks and rewards of the asset, but has transferred control of the asset. When the Group has transferred its rights to receive cash flows from an asset or has entered into a “pass-through” arrangement, it evaluates if, and to what extent, it has retained the risk and rewards of ownership of the asset. When it has neither transferred nor retained substantially all the risks and rewards of the asset nor transferred control of the asset, the Group continues to recognize the transferred asset to the extent of the Group’s continuing involvement. In that case, the Group also recognizes an associated liability. The transferred asset and the associated liability are measured on a basis that reflects the rights and obligations that the Group has retained. Continuing involvement that takes the form of a guarantee over the transferred asset is measured at the lower of the original carrying amount of the asset and the maximum amount of consideration that the Group could be required to repay.
Impairment of financial assets	Impairment of financial assets The Group recognizes an allowance for expected credit losses (“ECLs”) for debt instruments or financial assets at amortized cost. ECLs are based on the difference between the contractual cash flows due in accordance with the contract and all the cash flows that the Group expects to receive, discounted at an approximation of the original effective interest rate. The expected cash flows will include cash flows from the sale of collateral held or other credit enhancements that are integral to the contractual terms. General approach For credit exposures for which there has not been a significant increase in credit risk since initial recognition, ECLs are provided for credit losses that result from default events that are possible within the next 12-months 12-month At each reporting date, the Group assesses whether the credit risk on a financial asset has increased significantly since initial recognition. When making the assessment, the Group compares the risk of a default occurring on the financial asset as of the reporting date with the risk of a default occurring on the financial asset as of the date of initial recognition and considers reasonable and supportable information that is available without undue cost or effort, including historical and forward-looking information available without undue cost or effort. The Group considers a financial asset in default when contractual payments are 90 days past due. However, in certain cases, the Group may also consider a financial asset to be in default when internal or external information indicates that the Group is unlikely to receive the outstanding contractual amounts in full before taking into account any credit enhancements held by the Group. Financial assets at amortized cost are subject to impairment under the general approach and they are classified within the following stages for measurement of ECLs except for accounts receivable arising from IFRS 15 which apply the simplified approach as detailed below. Stage 1 — Financial assets for which credit risk has not increased significantly since initial recognition and for which the loss allowance is measured at an amount equal to 12-month Stage 2 — Financial assets for which credit risk has increased significantly since initial recognition but that are not credit-impaired financial assets and for which the loss allowance is measured at an amount equal to lifetime ECLs Stage 3 — Financial assets that are credit-impaired at the reporting date (but that are not purchased or originated credit-impaired) and for which the loss allowance is measured at an amount equal to lifetime ECLs Simplified approach For accounts receivable arising from IFRS 15 that do not contain a significant financing component or when the Group applies the practical expedient of not adjusting the effect of a significant financing component, the Group applies the simplified approach in calculating ECLs. Under the simplified approach, the Group does not track changes in credit risk, but instead recognizes a loss allowance based on lifetime ECLs at each reporting date. Significant increase in credit risk In assessing whether the credit risk has increased significantly since initial recognition, the Group compares the risk of a default occurring on the financial instrument as at the reporting date with the risk of a default occurring on the financial instrument as at the date of initial recognition. In making this assessment, the Group considers both quantitative and qualitative information that is reasonable and supportable, including historical experience and forward-looking information that is available without undue cost or effort. In particular, the following information is taken into account when assessing whether credit risk has increased significantly: • an actual or expected significant deterioration in the financial instrument’s external (if available) or internal credit rating; • significant deterioration in external market indicators of credit risk, e.g. a significant increase in the credit spread, the credit default swap prices for the debtor; • existing or forecast adverse changes in business, financial or economic conditions that are expected to cause a significant decrease in the debtor’s ability to meet its debt obligations; • an actual or expected significant deterioration in the operating results of the debtor; • an actual or expected significant adverse change in the regulatory, economic, or technological environment of the debtor that results in a significant decrease in the debtor’s ability to meet its debt obligations. Irrespective of the outcome of the above assessment, the Group presumes that the credit risk has increased significantly since initial recognition when contractual payments are more than 30 days past due, unless the Group has reasonable and supportable information that demonstrates otherwise. The Group regularly monitors the effectiveness of the criteria used to identify whether there has been a significant increase in credit risk and revises them as appropriate to ensure that the criteria are capable of identifying significant increase in credit risk before the amount becomes past due. Definition of default For internal credit risk management, the Group considers an event of default occurs when information developed internally or obtained from external sources indicates that the debtor is unlikely to pay its creditors, including the Group, in full (without taking into account any collaterals held by the Group). Irrespective of the above, the Group considers that default has occurred when a financial asset is more than 90 days past due unless the Group has reasonable and supportable information to demonstrate that a more lagging default criterion is more appropriate. Credit-impaired financial assets A financial asset is credit-impaired when one or more events that have a detrimental impact on the estimated future cash flows of that financial asset have occurred. Evidence that a financial asset is credit-impaired includes observable data about the following events: a) significant financial difficulty of the issuer or the borrower; b) a breach of contract, such as a default or past due event; c) the lender(s) of the borrower, for economic or contractual reasons relating to the borrower’s financial difficulty, having granted to the borrower a concession(s) that the lender(s) would not otherwise consider; d) it is becoming probable that the borrower will enter bankruptcy or other financial reorganization ; or e) the disappearance of an active market for that financial asset because of financial difficulties. Write-off The Group writes off a financial asset when there is information indicating that the counterparty is in severe financial difficulty and there is no realistic prospect of recovery, for example, when the counterparty has been placed under liquidation or has entered into bankruptcy proceedings. Financial assets written off may still be subject to enforcement activities under the Group’s recovery procedures, taking into account legal advice where appropriate. A write-off Measurement and recognition of ECL The measurement of ECL is a function of the probability of default, loss given default (i.e. the magnitude of the loss if there is a default) and the exposure at default. The assessment of the probability of default and loss given default is based on historical data and forward-looking information. Estimation of ECL reflects an unbiased and probability-weighted amount that is determined with the respective risks of default occurring as the weights. Generally, the ECL is the difference between all contractual cash flows that are due to the Group in accordance with the contract and the cash flows that the Group expects to receive, discounted at the effective interest rate determined at initial recognition. Lifetime ECL for accounts receivable from contract with customers are considered on a collective basis taking into consideration past due information and relevant credit information such as forward looking macroeconomic information. For collective assessment, the Group takes into consideration the following characteristics when formulating the grouping: • Past-due • Nature, size and industry of debtors; and • External credit ratings where available. The grouping is regularly reviewed by management to ensure Interest income is calculated based on the gross carrying amount of the financial asset unless the financial asset is credit-impaired, in which case interest income is calculated based on amortized cost of the financial asset. The Group recognises an impairment gain or loss in profit or loss for all financial instruments by adjusting their carrying amount, with the exception of accounts receivable
Financial liabilities	Financial liabilities Initial recognition and measurement Financial liabilities are classified, at initial recognition, as financial liabilities at amortized cost or at fair value through profit or loss (derivative financial instruments), as appropriate. All financial liabilities are recognized initially at fair value and, in the case of financial liabilities at amortized cost, net of directly attributable transaction costs. Transaction costs directly attributable to the acquisition of financial liabilities at fair value through profit or loss are recognized immediately in profit or loss. The Group’s financial liabilities include accounts payable, bank borrowings, financial liabilities included in other payables and accruals, derivative financial liability and convertible bond. Subsequent measurement The subsequent measurement of financial liabilities depends on their classification as follows: Financial liabilities at amortized cost After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortized cost, using the effective interest rate method unless the effect of discounting would be immaterial, in which case they are stated at cost. Gains and losses are recognized in profit or loss when the liabilities are derecognized as well as through the effective interest rate amortization process. Amortized cost is calculated by taking into account any discount or premium on acquisition and fees or costs that are an integral part of the effective interest rate. The effective interest rate amortization is included in finance costs in profit or loss. Derivative financial liability and convertible bonds If the conversion option of convertible bond exhibits characteristics of an embedded derivative (when the conversion option that will be settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the Group’s own equity instruments is a conversion option derivative), it is separated from its liability component. On initial recognition, the derivative component of the convertible bond is measured at fair value and presented separately as derivative financial instruments. Transaction costs are apportioned between the liability and derivative components of the convertible bond based on the allocation of proceeds to the liability and derivative components when the instruments are initially recognized. The portion of the transaction costs relating to the liability component is recognized initially as part of the liability. The portion relating to the derivative component is recognized immediately in the statement of profit or loss.
Derecognition of financial liabilities	Derecognition of financial liabilities A financial liability is derecognized when the obligation under the liability is discharged or cancelled, or expires. When an existing financial liability is replaced by another from the same lender on substantially different terms, or the terms of an existing liability are substantially modified, such an exchange or modification is treated as a derecognition of the original liability and a recognition of a new liability, and the difference between the respective carrying amounts is recognized in profit or loss.
Derivative financial instruments	Derivative financial instruments Derivative financial asset is initially recognized at fair value on the date on which a derivative contract is entered into and is subsequently remeasured at fair value. Derivative financial instruments are carried as an asset when the fair value is positive and as a liability when the fair value is negative. Any gain or loss arising from changes in fair value of the derivative financial instruments is taken directly to profit or loss.
Day 1 profit or loss	Day 1 profit or loss If the fair value of the derivative financial instrument at initial recognition differs from the transaction price and the fair value is not evidenced by a quoted price in an active market for an identical asset or liability (i.e. a Level 1 input) or a valuation technique that uses only data from observable markets, the difference between the fair value at initial recognition and the transaction price is deferred and is only recognized as a gain or loss during the term of the derivative financial instrument using a systematic basis that reflects a change in a factor (including time) that market participants would take into account when pricing the derivative financial instrument.
Classification as debt or equity	Classification as debt or equity Debt and equity instruments are classified as either financial liabilities or as equity in accordance the and of
Equity instruments	Equity instruments An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities. Equity instruments issued by the Company are recognized at the proceeds received, net of direct issue costs. Perpetual instruments, which include no contractual obligation for the Group to deliver cash or other financial assets or the Group has the sole discretion to defer payment of distribution and redemption of principal amount indefinitely are classified as equity instruments. Repurchase of the Company’s own equity instruments is recognized and deducted directly in equity. No gain or loss is recognized in profit or loss on the purchase, sale, issue or cancellation of the Company’s own equity instruments.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents presented on the consolidated statement of financial position include: (a) cash, which comprises of cash on hand and demand deposits, excluding bank balances that are subject to regulatory restrictions that result in such balances no longer meeting the definition of cash; and (b) cash equivalents, which comprises of short-term (generally with original maturity of three months or less), highly liquid investments that are readily convertible to a known amount of cash and which are subject to an insignificant risk of changes in value. Cash equivalents are held for the purpose of meeting short-term cash commitments rather than for investment or other purposes. For the purposes of the consolidated statement of cash flows, cash and cash equivalents consist of cash and cash equivalents as defined above.
Provisions	Provisions A provision is recognized when a present obligation (legal or constructive) has arisen as a result of a past event and it is probable that a future outflow of resources will be required to settle the obligation, provided that a reliable estimate can be made of the amount of the obligation. When the effect of discounting is material, the amount recognized for a provision is the present value at the end of the reporting period of the future expenditures expected to be required to settle the obligation. The increase in the discounted present value amount arising from the passage of time is included in finance costs in profit or loss.
Contingent liabilities	Contingent liabilities A contingent liability is a present obligation arising from past events but is not recognized because it is not probable that an outflow of resources embodying economic benefits will be required to settle the obligation or the amount of the obligation cannot be measured with sufficient reliability. Where the Group is jointly and severally liable for an obligation, the part of the obligation that is expected to be met by other parties is treated as a contingent liability and it is not recognized in the consolidated financial statements. The Group assesses continually to determine whether an outflow of resources embodying economic benefits has become probable. If it becomes probable that an outflow of future economic benefits will be required for an item previously dealt with as a contingent liability, a provision is recognized in the consolidated financial statements in the reporting period in which the change in probability occurs, except in the extremely rare circumstances where no reliable estimate can be made.
Income tax	Income tax Income tax comprises current and deferred tax. Income tax relating to items recognized outside profit or loss is recognized outside profit or loss, either in other comprehensive income or directly in equity. Current tax assets and liabilities are measured at the amount expected to be recovered from or paid to the taxation authorities, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period, taking into consideration interpretations and practices prevailing in the countries in which the Group operates. Deferred tax is provided, using the liability method, on all temporary differences at the end of the reporting period between the tax bases of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred tax liabilities are recognized for all taxable temporary differences, except: • when the deferred tax liability arises from the initial recognition of goodwill or an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss; and • in respect of taxable temporary differences associated with investments in subsidiaries, when the timing of the reversal of the temporary differences can be controlled and it is probable that the temporary differences will not reverse in the foreseeable future. Deferred tax assets are recognized for all deductible temporary differences, and the carryforward of unused tax credits and any unused tax losses. Deferred tax assets are recognized to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, the carryforward of unused tax credits and unused tax losses can be utilized, except: • when the deferred tax asset relating to the deductible temporary differences arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither the accounting profit nor taxable profit or loss; and • in respect of deductible temporary differences associated with investments in subsidiaries, deferred tax assets are only recognized to the extent that it is probable that the temporary differences will reverse in the foreseeable future and taxable profit will be available against which the temporary differences can be utilized. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profit will be available to allow all or part of the deferred tax asset to be utilized. Unrecognized deferred tax assets are reassessed at the end of each reporting period and are recognized to the extent that it has become probable that sufficient taxable profit will be available to allow all or part of the deferred tax asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply to the period when the asset is realized or the liability is settled, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax assets and deferred tax liabilities are offset if and only if the Group has a legally enforceable right to set off current tax assets and current tax liabilities and the deferred tax assets and deferred tax liabilities relate to income taxes levied by the same taxable entity by the same taxation authority.
Revenue recognition	Revenue recognition Revenue from contracts with customers Revenue from contracts with customers is recognized when control of goods or services is transferred to the customers at an amount that reflects the consideration to which the Group expects to be entitled in exchange for those goods or services. During the years ended December 31, 2020, 2021 2022, no, one and three customers, under capital market solutions segment, contributed ten When the consideration in a contract includes a variable amount, the amount of consideration is estimated to which the Group will be entitled in exchange for transferring the goods or services to the customer. The variable consideration is estimated at contract inception and constrained until it is highly probable that a significant revenue reversal in the amount of cumulative revenue recognized will not occur when the associated uncertainty with the variable consideration is subsequently resolved. Capital market solutions Capital market solutions service income is composed of underwriting commission, brokerage and handling fee and financial advisory fee and asset management fee. Underwriting commission earned from underwriting equity and debt securities is recognized at the point in time when the Group’s performance under the terms of a contractual arrangement is completed, which is typically at the closing of a transaction if there is no uncertainty or contingency related to the amount to be paid. The normal credit term is 60 to 120 days upon the completion of performance. The Group considers that all the services promised in a particular contract of being a financial advisor are interdependent and interrelated and should be therefore accounted for as a single performance obligation. As it is unlikely that a customer can obtain benefit before the Group completes all its services up to listing or the completion of the underlying transaction and since the contracts do not provide the Group an enforceable right to payment performance completed up to date, the financial advisory fees are recognized at a point in time upon listing or when the underlying transactions are completed. Asset management fee primarily includes fees associated with asset management, performance-based incentive fee, brokerage and handling fee. The management fee and the performance-based incentive fee are earned for the provision of asset management services, which include portfolio diversification and rebalancing. These services represent a single performance obligation comprised of a series of distinct services which are substantially the same, being provided continuously over the contract period. Asset management fees consist of management and performance fees that are fixed or variable. Variable consideration is determined based on underlying assets under management, i.e. AUM, of a customer’s account at a specified period end. At the end of each reporting period, the Group updates the estimated transaction price (including updating its assessment of whether an estimate of variable consideration is constrained) to represent faithfully the circumstances present at the end of the reporting period and the changes in circumstances during the reporting period. Management fee is recognized when services are performed. Fixed consideration is recognized over the schedule period on a straight-line basis because the customer simultaneously receives and consumes the benefits provided by the Company. Performance-based incentive fee is recognized when the performance target is met and the revenue is not probable of a significant reversal. For asset management services, when a single contract contains both asset management services and brokerage services, the stand-alone selling prices of each of the distinct services underlying the performance obligations (i.e. management fee and performance-based incentive fee for asset management service and brokerage and handling fee for transaction processing service) are stated separately in the contract. These are the observable prices of services when the Company sells each of them separately. Brokerage and handling fee is recognized at the point in time when the associated service is fulfilled, generally on the trade execution date. Digital solutions and other service s (i) Insurance brokerage services The Group earns commission income by facilitating the arrangement between insurance company partners and individuals/businesses. The service promised to the customer is placement of an effective insurance or reinsurance policy. Commission revenue is usually a percentage of the premium paid by the insured and generally depends upon the type of insurance or reinsurance policy and the insurance company partner. Revenue is recognized at a point in time upon execution and effectiveness of insurance contracts. The Group allows a credit period up to 15 days to its customers. (ii) Digital solutions services The Group provides its corporate clients exclusive access to the membership program for a fixed membership fee negotiated on case by case basis and agreed upon entering the contract with each customer based on the level of annual fee including the depth of cooperation and relationship, expected spectrum of services required, expected near term and long-term benefits from participating in the membership program, and the relative bargaining power of respective customers taking into consideration the reputation, stage of growth, future revenue potential from other services which can be rendered, and other factors, under the digital solutions and other services segment, which provides its members networking opportunities with prestigious corporate members, prominent business executives and partners. Contract terms of contracts entered during the period generally ranged from 1 to 3 years. Revenue from such service is recognized over time as the customers simultaneously receive and consume the service provided by the Group. The Group may require customers to provide partial upfront payments of total service fees. Upfront payment may be requested at the point the customer entered into the service contracts. The remaining payments will be settled according to the payment schedules stated in the service contracts. The Group may allow a credit period ranging from 0 to 90 days to its customers for the demand note issued in accordance with the payment schedules. When the Group receives an upfront payment, this will give rise to contract liabilities at the time of the initial sales transaction for which revenue is recognized over the membership service period. Fashion and luxury media advertising and marketing services Fashion and luxury media advertising and marketing services income is composed of fashion and luxury magazines and advertising service income and fashion and luxury media licensing and marketing services income. The Group distributes of fashion and luxury magazines. The Group also provides advertising services on fashion and luxury magazines to the customers. Revenue is recognized at a point in time when control of the goods has transferred to the customers or upon the edition in which the advertisement is displayed. The Group also provides fashion and luxury media licensing and marketing services to its customers on its multimedia channels. The Group recognizes revenues of such services over time based on the contract term. The Group allows a credit period up to Revenue from other sources Fair value changes on financial assets at fair value through profit or loss and derivative financial assets are recognized in the period in which they arise. Gain/loss recognized during the current period is recognized as gain/loss related to disposed investments, whereas gain/loss recognized for those financial assets at fair value through profit or loss and derivative financial assets held at the end of the reporting period is recognized as net fair value changes on financial assets at fair value through profit or loss and net fair value changes on derivative financial assets. Dividend income is recognized when the shareholders’ right to receive payment has been established, it is probable that the economic benefits associated with the dividend will flow to the Group and the amount of the dividend can be measured reliably.
Contract liabilities	Contract liabilities A contract liability is recognized when the payment is made and received or the payment is due (whichever is earlier) from a customer before the Group transfers the related goods or services. Contract liabilities are recognized as revenue when the Group performs under the contract (i.e., transfers control of the related goods or services to the customer). For certain customers, the Company requires upfront payment and recorded such upfront fee as contract liabilities in other payables and accruals. Upfront fee is recognized as revenue based on the time elapsed for the service period.
Government Grant	Government grant Government grants are not recognized until there is reasonable assurance that the Group will comply with the conditions attaching to them and that the grants will be received. Government grants are recognized in profit or loss on a systematic basis over the periods in which the Group recognizes as expenses the related costs for which the grants are intended to compensate. Specifically, government grants whose primary condition is that the Group should purchase, construct or otherwise acquire non-current Government grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the Group with no future related costs are recognized in profit or loss in the period in which they become receivable. Such grants are presented under other income.
Employee benefits	Employee benefits The Group operates a defined contribution Mandatory Provident Fund retirement benefit scheme (the “MPF Scheme”) under the Mandatory Provident Fund Schemes Ordinance for all of its employees in Hong Kong. Contributions are made based on a percentage of the employees’ basic salaries and are charged to profit or loss as they become payable in accordance with the rules of the MPF Scheme. The assets of the MPF Scheme are held separately from those of the Group in an independently administered fund. The Group’s employer contributions vest fully with the employees when contributed into the MPF Scheme. Short-term employee benefits are recognised at the undiscounted amount of the benefits expected to be paid as and when employees rendered the services. All short-term employee benefits are recognised as an expense unless another IFRS requires or permits the inclusion of the benefit in the cost of an asset. A liability is recognised for benefits accruing to employees (such as wages and salaries) after deducting any amount already paid.
Share-based payments	Share-based payments Restricted ordinary shares granted to employees Equity-settled share-based payments to employees are measured at the fair value of the equity instruments at the grant date. The fair value of the equity-settled share-based payments determined at the grant date without taking into consideration all non-market vesting conditions is expensed on a straight-line basis over the vesting period. When the restricted ordinary shares are vested, the amount previously recognized in share-based payment reserve will be transferred to share premium.
Leases	Leases Definition of a lease A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. For contracts entered into or modified on or after the date of initial application IFRS 16 or arising from business combinations, the Group assesses whether a contract is or contains a lease based on the definition under IFRS 16 at inception, modification date or acquisition date, as appropriate. Such contract will not be reassessed unless the terms and conditions of the contract are subsequently changed. The Group as a lessee Allocation of consideration to components of a contract For a contract that contains a lease component and one or more additional lease or non-lease non-lease Short-term leases The Group applies the short-term lease recognition exemption to leases that have a lease term of 12 months or less from the commencement date and do not contain a purchase option. Lease payments on short-term leases are recognized as expense on a straight-line basis or another systematic basis over the lease term. Right-of-use The cost of right-of-use • the amount of the initial measurement lease liability; • any lease payments made at or before the commencement date, less any lease incentives received; • any initial direct costs incurred by the Group; and • an estimate of costs to be incurred by the Group in dismantling and removing the underlying assets, restoring the site on which it is located or restoring the underlying asset to the condition required by the terms and conditions of the lease. Right-of-use right-of-use The Group presents right-of-use Lease liabilities At the commencement date of a lease, the Group recognizes and measures the lease liability at the present value of lease payments that are unpaid at that date. In calculating the present value of lease payments, the Group uses the incremental borrowing rate at the lease commencement date if the interest rate implicit in the lease is not readily determinable. The lease payments include: • Fixed lease payments (including in-substance • Variable lease payments that depend on an index or rate, initially measured using the index or rate at the commencement date; • The exercise price of purchase options, if the lessee is reasonably certain to exercise the options; • Payments of penalties for terminating the lease, if the lease term reflects the exercise of an option to terminate the lease; and • The amount expected to be payable by the lessee under remaining value guarantees. After the commencement date, lease liabilities are adjusted by interest accretion and lease payments. The Group presents lease liabilities as a separate line item on the condensed consolidated statement of financial position.
Foreign currencies	Foreign currencies These financial statements are presented in Hong Kong dollars, which is the Company’s functional currency. Each entity in the Group determines its own functional currency and items included in the financial statements of each entity are measured using that functional currency. Foreign currency transactions recorded by the entities in the Group are initially recorded using their respective functional currency rates prevailing at the dates of the transactions. Monetary assets and liabilities denominated in foreign currencies are translated at the functional currency rates of exchange ruling at the end of the reporting period. Differences arising on settlement or translation of monetary items are recognized in profit or loss. Non-monetary Non-monetary non-monetary In determining the exchange rate on initial recognition of the related asset, expense or income on the derecognition of a non-monetary non-monetary non-monetary non-monetary For the purpose of presenting consolidated financial statements, the assets and liabilities of the Group’s foreign operations are translated at exchange rates prevailing on the reporting date. Income and expense items are translated at the average exchange rates for the period, unless exchange rates fluctuate significantly during that period, in which case the exchange rates at the date of transactions are used. Exchange differences arising, if any, are recognized in other comprehensive income and accumulated in an exchange reserve (attributed to non-controlling On the disposal of a foreign operation (i.e. a disposal of the Group’s entire interest in a foreign operation, or a disposal involving loss of control over a subsidiary that includes a foreign operation of which the retained interest becomes a financial asset), all of the exchange differences accumulated in a foreign exchange translation reserve in respect of that operation attributable to the owners of the Company are reclassified to profit or loss. In addition, in relation to a partial disposal of a subsidiary that includes a foreign operation that does not result in the Group losing control over the subsidiary, the proportionate share of accumulated exchange differences are re-attributed non-controlling
Borrowing costs	Borrowing costs All borrowing costs not eligible for capitalization

Corporate Information (Tables)

Corporate Information (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of subsidiaries [abstract]
Summary of information about company principal subsidiaries	Particulars of the Company’s principal subsidiaries are as follows: Name Place of Issued and Percentage of equity attributable Principal activities 2021 2022 Direct Indirect Direct Indirect AMTD International Holding Group Limited (“AMTD IHG”) Hong Kong (“HK”) HK$500,000 100 % — 100 % — Investment holding and provision of capital market solutions services AMTD Global Markets Limited HK HK$1,561,610,980 — 100 % — — Provision of capital market solutions services AMTD Strategic Investment Limited HK HK$1 — 100 % — 100 % Strategic investment AMTD Investment Solutions Group HK HK$1 — 100 % — 100 % Strategic investment AMTD Overseas HK HK$1 — 100 % — 100 % Strategic investment AMTD Fintech Investment Limited HK HK$1 — 100 % — 100 % Strategic investment AMTD Investment Inc. Cayman Islands US$1 100 % — 100 % — Investment holding AMTD Strategic Investment (BVI) Limited BVI US$1 — 100 % — 100 % Investment holding AMTD Investment Solutions Group (BVI) Limited BVI US$1 — 100 % — 100 % Investment holding AMTD IDEA International Limited BVI US$1 — 100 % — 100 % Investment holding AMTD Fintech Investment (BVI) Limited BVI US$1 — 100 % — 100 % Investment holding Name Place of Issued and Percentage of equity attributable Principal activities 2021 2022 Direct Indirect Direct Indirect L’Officiel Inc. SAS (“L’Officiel”) France EUR6,960,100 — — — 100 % Investment holding and provision of fashion and luxury media advertising and marketing services AMTD Digital Inc. (“AMTD Digital”) Cayman Islands US$7,658 — — 84.9 %* — Investment holding AMTD Biomedical Investment Limited BVI US$1 — — — 84.9 % Investment holding AMTD Digital Media Holdings Limited BVI US$1 — — — 84.9 % Investment holding AMTD Digital Media Limited HK HK$1 — — — 84.9 % Provision of digital solutions and other services AMTD Risk Solutions Group Limited HK HK$300,000 — — — 84.9 % Provision of digital solutions and other services * During the year ended December 31, 2022, the Company acquired 82.7% equity interest in AMTD Digital, a fellow subsidiary, by issuing new Class A and Class B shares to the selling shareholders of AMTD Digital. Upon completion of the foregoing transaction, the Company owned 97.1% of AMTD Digital, and AMTD Digital became a consolidated subsidiary of the Group. AMTD Digital has been considered as business under IFRS 3 Business Combination. Since the Group and AMTD Digital are under common control of AMTD Group, the acquisition of AMTD Digital has been accounted for as business combination under common control which has been detailed in N

Basis of Presentation (Tables)

Basis of Presentation (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about property, plant and equipment [abstract]
Summary of annual rates for depreciation of property plant and equipment	The principal annual rates used for this purpose are as follows: Furniture and fixtures Computer equipment 33 1 3

Operating Segment Information (

Operating Segment Information (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of operating segments [abstract]
Summary of operating segments	For the year ended December 31, 2020 Capital HK$ Strategic Total Segment revenue Revenue —from contract with customers 607,263,125 — 607,263,125 —others — 511,277,048 511,277,048 607,263,125 511,277,048 1,118,540,173 Segment results 565,271,220 511,277,048 1,076,548,268 Unallocated other income 111,867,468 Unallocated finance costs (21,510,079 ) Unallocated net changes in fair value on derivative financial liability 7,765,148 Corporate and other unallocated expenses (173,250,588 ) Profit before tax 1,001,420,217 Other segment information Depreciation 30,374 Capital expenditure 110,734 For the year ended December 31, 2021 Capital Strategic Total HK$ HK$ HK$ Segment revenue Revenue —from contract with customers 680,477,636 — 680,477,636 —others — 717,366,581 717,366,581 680,477,636 717,366,581 1,397,844,217 Segment results 658,504,447 717,366,581 1,375,871,028 Unallocated other income 125,538,171 Unallocated finance costs (12,825,923 ) Corporate and other unallocated expenses (157,406,721 ) Profit before tax 1,331,176,555 Other segment information Depreciation 44,226 For the year ended December 31, 2022 Capital Digital Fashion and Strategic Total HK$ HK$ HK$ HK$ HK$ Segment revenue Revenue —from contract with customers 581,932,693 183,572,996 59,679,071 — 825,184,760 —others — — — 546,696,252 546,696,252 581,932,693 183,572,996 59,679,071 546,696,252 1,371,881,012 Segment results 564,982,684 166,805,327 21,337,768 546,696,252 1,299,822,031 Unallocated other income 141,461,546 Unallocated other gain 153,487,985 Unallocated finance costs (6,729,278 ) Unallocated net changes in fair value on derivative financial liability 13,347,266 Corporate and other unallocated expenses (239,691,077 ) Profit before tax 1,361,698,473 Other segment information Depreciation and amortization 5,784,258
Summary of segment assets and liabilities	Segment assets and liabilities December 31, December 31, HK$ HK$ Segment assets Capital market solutions 237,529,210 81,323,982 Digital solutions and other services — 184,735,467 Fashion and luxury media advertising and marketing services — 731,083,960 Strategic investment 3,755,921,604 2,966,329,496 Total segment assets 3,993,450,814 3,963,472,905 Unallocated corporate assets 2,693,387,229 4,307,818,867 Total assets 6,686,838,043 8,271,291,772 Segment liabilities Capital market solutions 155,651,880 — Digital solutions and other services — 18,117,399 Fashion and luxury media advertising and marketing services — 181,455,718 Total segment liabilities 155,651,880 199,573,117 Unallocated corporate liabilities 742,312,989 255,090,510 Total liabilities 897,964,869 454,663,627
Summary of group's revenue from external customers by geographical areas	The following table sets forth the Group’s revenue from contract with customers by geographical areas based on the location of the customers: For the year ended December 31, 2020 Capital HK$ China (including Hong Kong) 590,441,983 Others 16,821,142 607,263,125 For the year ended December 31, 2021 Capital HK$ China (including Hong Kong) 676,711,632 Others 3,766,004 680,477,636 For the year ended December 31, 2022 Capital Digital Fashion and Total HK$ HK$ HK$ HK$ China (including Hong Kong) 581,932,693 182,111,835 23,862,618 787,907,146 Europe — — 18,030,423 18,030,423 America — — 9,411,504 9,411,504 Others — 1,461,161 8,374,526 9,835,687 581,932,693 183,572,996 59,679,071 825,184,760

Revenue, Other Income And Oth_2

Revenue, Other Income And Other Gain (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of disaggregation of revenue from contracts with customers [line items]
Summary of analysis of revenue	An analysis of revenue is as follows: For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Revenue from contracts with customers Capital market solutions Underwriting commission 165,472,605 29,051,940 94,528,263 Financial advisory fee 210,852,275 568,045,723 427,723,245 Management fee and performance-based incentive fee 196,352,216 57,230,194 16,791,083 Brokerage and handling fees 33,359,007 25,356,917 42,313,366 Others 1,227,022 792,862 576,736 607,263,125 680,477,636 581,932,693 Digital solutions and other services Insurance brokerage services commission — — 8,145,147 Digital solutions fees — — 175,427,849 — — 183,572,996 Fashion and luxury media advertising and marketing services Fashion and luxury magazines and advertising services income — — 28,254,167 Fashion and luxury media licensing and marketing services income — — 31,424,904 — — 59,679,071 Revenue from other sources Strategic investment Dividend income 88,078,159 48,711,208 50,213,509 Gain related to disposed investments 82,948,508 125,112,176 173,129,345 171,026,667 173,823,384 223,342,854 Net fair value changes on financial assets at fair value through profit or loss -from listed equity shares, at quoted price (371,305,326 ) 54,008,047 (378,012,020 ) -from unlisted equity shares and movie income right investments (note a) 313,561,520 543,543,197 216,605,145 -from unlisted equity linked notes 26,688,861 — — Total net fair value changes on financial assets at fair value through profit or loss 139,971,722 771,374,628 61,935,979 Net fair value changes on derivative financial assets -from derivative financial assets 371,305,326 (54,008,047 ) 484,760,273 511,277,048 717,366,581 546,696,252 Total revenue 1,118,540,173 1,397,844,217 1,371,881,012 Note: (a) For the year ended December 2020, 2021 and 2022, net fair value gain arising from investments in equity securities of related parties are HK$336,403,752, HK$545,199,207and HK$213,791,063, respectively (Note 29(A)(ii)).
Summary of revenue from contracts with customers	For the year ended December 31, 2020 Segments Capital Strategic Total HK$ HK$ HK$ Revenue from contracts with customers Capital market solutions Underwriting commission 165,472,605 — 165,472,605 Financial advisory fee 210,852,275 — 210,852,275 Management fee and performance-based incentive fee 196,352,216 — 196,352,216 Brokerage and handling fee s 33,359,007 — 33,359,007 Others 1,227,022 — 1,227,022 Sub-total 607,263,125 — 607,263,125 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — (31,054,945 ) (31,054,945 ) Net fair value changes on derivative financial assets — 371,305,326 371,305,326 Gain related to disposed investments — 82,948,508 82,948,508 Dividend income — 88,078,159 88,078,159 Total 607,263,125 511,277,048 1,118,540,173 For the year ended December 31, 2021 Segments Capital Strategic Total HK$ HK$ HK$ Revenue from contracts with customers Capital market solutions Underwriting commission 29,051,940 — 29,051,940 Financial advisory fee 568,045,723 — 568,045,723 Management fee and performance-based incentive fee 57,230,194 — 57,230,194 Brokerage and handling fee s 25,356,917 — 25,356,917 Others 792,862 — 792,862 Sub-total 680,477,636 — 680,477,636 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — 597,551,244 597,551,244 Net fair value changes on derivative financial assets — (54,008,047 ) (54,008,047 ) Gain related to disposed investments — 125,112,176 125,112,176 Dividend income — 48,711,208 48,711,208 Total 680,477,636 717,366,581 1,397,844,217 For the year ended December 31, 2022 Segments Capital Digital Fashion and Strategic Total HK$ HK$ HK$ HK$ HK$ Revenue from contracts with customers Capital market solutions Underwriting commission 94,528,263 — — — 94,528,263 Financial advisory fee 427,723,245 — — — 427,723,245 Management fee and performance-based incentive fee 16,791,083 — — — 16,791,083 Brokerage and handling fee s 42,313,366 — — — 42,313,366 Others 576,736 — — — 576,736 Digital solutions and other services Insurance brokerage services — 8,145,147 — — 8,145,147 Digital solutions fees — 175,427,849 — — 175,427,849 Fashion and luxury media advertising and marketing services Fashion and luxury magazines and advertising services income — — 28,254,167 — 28,254,167 Fashion and luxury media licensing and marketing services income — — 31,424,904 — 31,424,904 Sub-total 581,932,693 183,572,996 59,679,071 — 825,184,760 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — — — (161,406,875 ) (161,406,875 ) Net fair value changes on derivative financial assets — — — 484,760,273 484,760,273 Gain related to disposed investments — — — 173,129,345 173,129,345 Dividend income — — — 50,213,509 50,213,509 Total 581,932,693 183,572,996 59,679,071 546,696,252 1,371,881,012
Summary of other income	For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Bank interest income 67,783 15,174 12,332 Other interest income (note a) — — 51,304,121 Interest income from the immediate holding company (Note 2 9 9 101,159,079 116,028,045 75,991,943 Government grant (note b) 3,061,665 — 1,184,000 Others 7,578,941 9,494,952 12,969,150 111,867,468 125,538,171 141,461,546 Notes: (a) Included in the other interest income is derived from loan notes due from independent third parties related to the disposal of investments during the year ended December 31, 2022. (b) During the year ended December 31, 2022, the Group recognized government grants of HK$ (2021: ; 2020: HK$ f rom the Employment Support Scheme provided by the Hong Kong Government in connection with the COVID-19 related subsidies.
Summary of timing of revenue recognition	Segments Capital HK$ Timing of revenue recognition Services transferred at a point in time 200,058,634 Services transferred over time 407,204,491 Total revenue from contracts with customers 607,263,125 Segments Capital HK$ Timing of revenue recognition Services transferred at a point in time 623,008,452 Services transferred over time 57,469,184 Total revenue from contracts with customers 680,477,636 Segments Capital Digital solutions Fashion and Total HK$ HK$ HK$ HK$ Timing of revenue recognition Services transferred at a point in time 565,141,610 8,145,147 28,254,167 601,540,924 Services transferred over time 16,791,083 175,427,849 31,424,904 223,643,836 Total revenue from contracts with customers 581,932,693 183,572,996 59,679,071 825,184,760
Digital Solutions And Serivces [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Summary of transaction prices allocated to the remaining performance obligations	The transaction prices allocated to the remaining performance obligations of digital solutions services (unsatisfied or partially unsatisfied) as of December 31, 2021 and December 31, 2022 are as follows: For digital solutions services As of December 31, 2021 2022 HK$ HK$ Within one year — 204,702,968 More than one year — 101,443,644 — 306,146,612

Other Operating Expenses (Table

Other Operating Expenses (Tables)	12 Months Ended
	Dec. 31, 2022
Operating Income Expense [Abstract]
Summary of Operating Expenses and Foreign Exchange Differences	For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Advertising and marketing service fees and brand promotional expenses 5,696,606 597,566 20,004,385 Premises costs and office utilities —Premises costs 14,244,127 14,226,081 13,095,944 —Office utilities 6,601,790 7,821,627 9,142,411 20,845,917 22,047,708 22,238,355 Traveling and business development expenses 5,636,354 3,747,166 7,761,633 Commissions and bank charges 1,957,433 1,308,425 1,309,186 Office and maintenance expenses 175,348 55,192 20,729 Administrative service , management and investment advisory fees 24,330,000 24,330,000 29,802,500 Legal and professional related 36,314,507 24,663,025 73,729,042 Staff recruitment expenses 1,223,673 2,322,035 4,229,736 Others —Depreciation 30,374 44,226 96,115 —Amortization — — 5,688,143 —Foreign exchange differences, net 3,222,789 963,422 1,970,158 —Other expenses 4,290,210 3,715,247 11,722,482 7,543,373 4,722,895 19,476,898 103,723,211 83,794,012 178,572,464

Staff Costs (Tables)

Staff Costs (Tables)	12 Months Ended
	Dec. 31, 2022
Classes of employee benefits expense [abstract]
Summary of staff costs	For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Salaries, bonuses and staff welfare 93,660,617 94,776,416 121,314,816 Pension scheme contributions (defined contribution schemes) 749,664 809,482 7,942,657 94,410,281 95,585,898 129,257,473

Finance Costs (Tables)

Finance Costs (Tables)	12 Months Ended
	Dec. 31, 2022
Finance Costs [Abstract]
Summary of Finance Costs	For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Interests on margin loans payable 12,475,296 — — Interests on convertible bond 7,717,348 8,085,419 430,702 Interests on bank borrowings 1,317,435 4,740,504 6,298,576 21,510,079 12,825,923 6,729,278

Income Tax (Credit) _ Expense (

Income Tax (Credit) / Expense (Tables)	12 Months Ended
	Dec. 31, 2022
Major components of tax expense (income) [abstract]
Components of Income Tax Benefits/(Expenses)	Hong Kong profits tax has been provided at the rate of 16.5% (2021: 16.5%; 2020: 16.5%) on the estimated assessable profits arising in Hong Kong . c For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Current tax: Hong Kong profits tax Charge for the year 96,708,600 104,423,916 101,232,315 Overprovision in prior year (143,606 ) — — The People’s Republic of China withholding tax Charge for the year 8,807,816 4,871,121 5,021,351 Other jurisdictions Charge for the year — — 626,778 Deferred tax (242,913,577 ) — (1,896,006 ) (137,540,767 ) 109,295,037 104,984,438
Reconciliation of income tax expenses and profit before tax at statutory tax rate	A reconciliation of tax (credit)/expense and profit before tax at the statutory tax rate in which the Group’s major operating subsidiaries are domiciled is as follows: For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Profit before tax 1,001,420,217 1,331,176,555 1,361,698,473 Tax at statutory tax rate of 16.5% 165,234,336 219,644,132 224,680,248 Tax effect of foreign tax jurisdictions — — 264,583 Tax effect of two-tiered s (165,000 ) (165,000 ) (165,000 ) Tax effect of non-taxable (79,190,106 ) (95,836,917 ) (122,208,901 ) Tax effect of distribution to perpetual securities holders that are deductible for tax purpose — (20,747,569 ) (20,290,239 ) Tax effect of non-deductible 10,887,971 1,566,657 17,740,105 Tax effect of unrecognized temporary difference (25,011 ) (4,075 ) (2,839 ) Tax effect of deferred tax liability reversed (242,913,577 ) — — Overprovision in prior year (143,606 ) — — Utilization of tax losses previously not recognized (33,590 ) (33,312 ) (54,870 ) Withholding tax on the dividend income 8,807,816 4,871,121 5,021,351 Income tax (credit)/expense (137,540,767 ) 109,295,037 104,984,438

Earnings Per Share Attributab_2

Earnings Per Share Attributable To Ordinary Equity Holders of The Parent (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings/(loss) Per Share Attributable To Ordinary Equity Holders of The Parent
Summary of Basic and diluted earnings per share	Basic and diluted earnings per share for each of the periods presented are calculated as follows: For the year ended December 31, 2020 2021 2022 Basic earnings per share: Numerator: Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (HK$)-basic Class A 249,206,548 299,742,816 513,186,052 Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (HK$)-basic Class B 810,766,722 796,709,268 596,821,469 Denominator: Weighted average number of Class A ordinary shares outstanding—basic 57,474,495 62,327,851 138,490,789 Weighted average number of Class B ordinary shares outstanding—basic 186,987,093 165,665,944 160,959,872 Basic earnings per share (HK$) Class A 4.34 4.81 3.71 Basic earnings per share (HK$) Class B 4.34 4.81 3.71 Diluted earnings per share: Numerator: Profit attributable to ordinary equity holders of the parent used in the diluted earnings per share calculation (HK$)-diluted Class A 248,629,790 299,742,816 513,186,052 Profit attributable to ordinary equity holders of the parent used in the diluted earnings per share calculation (HK$)-diluted Class B 810,766,722 796,709,268 596,821,469 Denominator: Weighted average number of Class A ordinary shares outstanding—diluted 58,966,142 62,327,851 138,490,789 Weighted average number of Class B ordinary shares outstanding—diluted 186,987,093 165,665,944 160,959,872 Diluted earnings per share (HK$) Class A 4.22 4.81 3.71 Diluted earnings per share (HK$) Class B 4.34 4.81 3.71
Summary of weighted average shares	Number of shares For the year ended December 31, 2020 2021 2022 Shares: Weighted average number of Class A ordinary shares in issue during the year used in the basic earnings per share calculation 57,474,495 62,327,851 138,490,789 Effect of dilution – weighted average number of ordinary shares: Convertible bond 1,491,647 — — 58,966,142 62,327,851 138,490,789 Weighted average number of Class B ordinary shares in issue during the year used in the basic earnings per share calculation 186,987,093 165,665,944 160,959,872 Effect of dilution – weighted average number of ordinary shares: Convertible bond — — — 186,987,093 165,665,944 160,959,872

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
	Dec. 31, 2022
Trade and other receivables [abstract]
Summary of accounts receivables	As of December 31, 2021 2022 HK$ HK$ Receivable from capital market solutions services 86,514,680 81,614,733 Commission receivable from insurance brokerage — 2,718,150 Receivable from digital solutions and other services — 81,844,175 Receivable from fashion and luxury media advertising and marketing services — 21,496,558 86,514,680 187,673,616
Summary of aging analysis of accounts receivable	An aging analysis of the accounts receivable as of the end of the reporting period, based on the due date, net of loss allowance is as follows: As of December 31, 2021 2022 HK$ HK$ Not yet due 74,048,058 177,754,160 Past due Within 1 month 53,633 7,270,723 1 to 3 months 5,165,947 1,545,263 Over 3 months 7,247,042 1,103,470 86,514,680 187,673,616
Summary of accounts receivables past due analysis	As of December 31, 2021 AAA AA A BBB BB CCC Total Expected credit loss rate — — 0.10 % 0.17 % — 0.10 % — Gross carrying amount (HK$‘000) — — 54,763 24,218 — 7,534 86,515 As of December 31, 2022 AAA AA A BBB BB CCC Total Expected credit loss rate — 0.15 % — 0.27 % — — — Gross carrying amount (HK$‘000) — 84,563 — 103,111 — — 187,674

Prepayments, Deposits And Oth_2

Prepayments, Deposits And Other Receivables (Tables)	12 Months Ended
	Dec. 31, 2022
Prepayments, Deposits And Other Receivables [Abstract]
Summary of Prepayments, Deposits And Other Receivables	As of December 31, 2021 2022 HK$ HK$ Consideration receivables on disposal of investments to independent third parties — 361,880,000 Consideration receivable on disposal of subsidiaries to independent third parties (Note 5(c)) — 350,000,000 Receivables from former subsidiaries — 187,300,371 Prepayments 20,720,272 14,143,937 Deposits 516,399 899,027 Other receivables 679,711 58,359,326 Less: impairment loss provided under expected credit loss model — (3,920,121 ) 21,916,382 968,662,540

Financial Assets At Fair Valu_2

Financial Assets At Fair Value Through Profit Or Loss (Tables)	12 Months Ended
	Dec. 31, 2022
Financial Assets At Fair Value Through Profit or Loss [Abstract]
Summary of financial assets at fair value through profit or loss	As of December 31, 2021 2022 HK$ HK$ Financial assets at fair value through profit or loss, other than financial asset at fair value through profit or loss under stock loan 2,574,695,685 1,353,611,934 Financial assets at fair value through profit or loss under stock loan 211,331,400 169,583,400 Total financial assets at fair value through profit or loss 2,786,027,085 1,523,195,334 Listed equity shares, at quoted price —Investment A 1,055,407,260 695,988,462 —Investment B — 165,462,000 —Investment C — 4,824 Total listed equity shares, at quoted price 1,055,407,260 861,455,286 Unlisted equity shares —Investment D 86,195,893 — As of December 31, 2021 2022 HK$ HK$ —Investment E 21,954,381 — —Investment F (Note 29 (A)(ii)) 1,120,244,487 — —Investment G 9,979,264 — —Investment H (Note 29 (A)(ii)) 480,700,000 543,000,000 —Investment I 11,545,800 11,630,000 —Investment J — 1,559,597 —Investment K — 2,245,766 Total unlisted equity shares 1,730,619,825 558,435,363 Movie income right investments — 103,304,685 2,786,027,085 1,523,195,334

Derivative Financial Assets (Ta

Derivative Financial Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about financial instruments [abstract]
Summary of financial Asset fair value	Fair value using valuation Day 1 (profit)/loss Net carrying Net changes in fair value HK$ HK$ HK$ HK$ At December 31, 2020 1,036,169,019 (12,266,453 ) 1,023,902,566 — Recognized in profit and loss prior to contract renegotiation on March 31, 2021 —Changes in fair value (12,266,453 ) — (12,266,453 ) (12,266,453 ) —Recognition of day 1 profit or loss — 12,266,453 12,266,453 12,266,453 At March 31, 2021 1,023,902,566 — 1,023,902,566 — Contract renegotiation on March 31, 2021 (1,678,713 ) 1,678,713 — — At March 31, 2021 1,022,223,853 1,678,713 1,023,902,566 — Recognized in profit and loss prior to contract renegotiation on June 30, 2021 —Changes in fair value (34,326,652 ) — (34,326,652 ) (34,326,652 ) —Recognition of day 1 profit or loss — (1,678,713 ) (1,678,713 ) (1,678,713 ) At June 30, 2021 987,897,201 — 987,897,201 (36,005,365 ) Contract renegotiation on June 30, 2021 2,956,755 (2,956,755 ) — — At June 30, 2021 990,853,956 (2,956,755 ) 987,897,201 (36,005,365 ) Recognized in profit and loss prior to contract renegotiation on September 30, 2021 —Changes in fair value 89,306,993 — 89,306,993 89,306,993 —Recognition of day 1 profit or loss — 2,956,755 2,956,755 2,956,755 At September 30, 2021 1,080,160,949 — 1,080,160,949 56,258,383 Contract renegotiation on September 30, 2021 1,046,618 (1,046,618 ) — — At September 30, 2021 1,081,207,567 (1,046,618 ) 1,080,160,949 56,258,383 Recognized in profit and loss prior to contract renegotiation on December 31, 2021 —Changes in fair value (111,313,048 ) — (111,313,048 ) (111,313,048 ) —Recognition of day 1 profit or loss — 1,046,618 1,046,618 1,046,618 At December 31, 2021 969,894,519 — 969,894,519 (54,008,047 ) Contract renegotiation on December 31, 2021 (1,507,769 ) 1,507,769 — — At December 31, 2021 968,386,750 1,507,769 969,894,519 (54,008,047 ) Fair value using valuation Day 1 (profit)/loss Net carrying Net changes in fair value HK$ HK$ HK$ HK$ At December 31, 2021 968,386,750 1,507,769 969,894,519 — Recognized in profit and loss prior to contract renegotiation on March 31, 2022 —Changes in fair value 201,787,611 — 201,787,611 201,787,611 —Recognition of day 1 profit or loss — (1,507,769 ) (1,507,769 ) (1,507,769 ) At March 31, 2022 1,170,174,361 — 1,170,174,361 200,279,842 Contract renegotiation on March 31, 2022 42,824,157 (42,824,157 ) — — At March 31, 2022 1,212,998,518 (42,824,157 ) 1,170,174,361 200,279,842 Recognized in profit and loss prior to contract renegotiation on June 30, 2022 —Changes in fair value 44,938,920 — 44,938,920 44,938,920 —Recognition of day 1 profit or loss — 42,824,157 42,824,157 42,824,157 At June 30, 2022 1,257,937,438 — 1,257,937,438 288,042,919 Contract renegotiation on June 30, 2022 (9,371,394 ) 9,371,394 — — At June 30, 2022 1,248,566,044 9,371,394 1,257,937,438 288,042,919 Recognized in profit and loss prior to contract renegotiation on September 30, 2022 —Changes in fair value 83,632,460 — 83,632,460 83,632,460 —Recognition of day 1 profit or loss — (9,371,394 ) (9,371,394 ) (9,371,394 ) At September 30, 2022 1,332,198,504 — 1,332,198,504 362,303,985 Contract renegotiation on September 30, 2022 (16,356,494 ) 16,356,494 — — At September 30, 2022 1,315,842,010 16,356,494 1,332,198,504 362,303,985 Recognized in profit and loss prior to contract renegotiation on December 31, 2022 —Changes in fair value 934,937 — 934,937 934,937 —Partial settlement (15,306,985 ) — (15,306,985 ) — —Realized gain upon disposal 3,786,355 — 3,786,355 — —Recognition of day 1 profit or loss — (16,356,494 ) (16,356,494 ) (16,356,494 ) At December 31, 2022 1,305,256,317 — 1,305,256,317 346,882,428 Contract renegotiation on December 31, 2022 80,156 (80,156 ) — — At December 31, 2022 1,305,336,473 (80,156 ) 1,305,256,317 346,882,428
Disclosure of detailed information about financial instruments [text block]	As of December 31, Notes 2021 2022 HK$ HK$ Upside Participation and Profit Distribution Agreements (a ) 969,894,519 1,305,256,317 Future Settlement Contract (b ) — 137,877,845 969,894,519 1,443,134,162

Cash And Bank Balances And Re_2

Cash And Bank Balances And Restricted Cash (Tables)	12 Months Ended
	Dec. 31, 2022
Cash and cash equivalents [abstract]
Summary of detailed information about cash and bank balances	(a) Cash and cash equivalents As of December 31, 2021 2022 HK$ HK$ Cash and cash equivalents: —Cash on hand 595,992 1,497 —General bank accounts 525,610,116 1,078,409,838 Total cash and cash equivalents 526,206,108 1,078,411,335

Property, Plant And Equipment (

Property, Plant And Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about property, plant and equipment [abstract]
Disclosure of detailed information about property, plant and equipment	Furniture Computer Total HK$ HK$ HK$ Cost: At January 1, 2021 and December 31, 2021 11,090 4,184,368 4,195,458 Additions — 12,848 12,848 Additions from acquisition of subsidiaries (Note 34) — 138,647 138,647 Disposal of subsidiaries (11,090 ) (4,184,368 ) (4,195,458 ) Exchange realignment — 411 411 At December 31, 2022 — 151,906 151,906 Accumulated depreciation: At January 1, 2021 (10,714 ) (4,073,387 ) (4,084,101 ) Charge for the year (376 ) (43,850 ) (44,226 ) At December 31, 2021 and January 1, 2022 (11,090 ) (4,117,237 ) (4,128,327 ) Charge for the year — (96,115 ) (96,115 ) Disposal of subsidiaries 11,090 4,151,834 4,162,924 Exchange realignment — (310 ) (310 ) At December 31, 2022 — (61,828 ) (61,828 ) Carrying amount: At January 1, 2021 376 110,981 111,357 At December 31, 2021 — 67,131 67,131 At December 31, 2022 — 90,078 90,078

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2022
Reconciliation of changes in goodwill [abstract]
Summary of reconciliation of changes in goodwill	Total HK$ Cost: At January 1, 2021 and December 31, 2021 — Arising from 58,675,041 At December 31, 2022 58,675,041

Intangible Asset (Tables)

Intangible Asset (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of Intangible assets [Abstract]
Summary of intangible assets	Archived Developed technology Brand names Securities Total HK$ HK$ HK$ HK$ HK$ Net carrying amount as of — — — 15,171,170 15,171,170 Acquired on acquisition of L’Officiel (Note 34(b)) 3,901,193 — 720,352,596 — 724,253,789 Acquired on acquisition of — 36,191,200 1,374,576 — 37,565,776 Amortization charge year — (5,585,050 ) (103,093 ) — (5,688,143 ) Disposal of subsidiaries — — — (15,171,170 ) (15,171,170 ) Net carrying amount as of 3,901,193 30,606,150 721,624,079 — 756,131,422
Summary of detailed information about useful lives of intangible assets	The intangible assets are amortized on a straight-line basis as follows: Developed technology Brand names Archive images 7 years 20 years or indefinite useful lives Indefinite useful lives

Accounts Payable (Tables)

Accounts Payable (Tables)	12 Months Ended
	Dec. 31, 2022
Trade and other payables [abstract]
Summary of accounts payable	As of December 31, 2021 2022 HK$ HK$ Payables to suppliers of fashion and luxury media advertising and marketing services — 76,778,957 Clients’ monies held on trust (Note 5(c) and Note 15) 146,283,760 — Others 8,737,158 5,536,216 155,020,918 82,315,173

Bank Borrowings (Tables)

Bank Borrowings (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about borrowings [abstract]
Summary of currency analysis of bank borrowings	A currency analysis of bank borrowings at the end of the reporting periods is as follows: As of December 31, 2021 2022 HK$ HK$ Hong Kong dollars 116,000,000 — United States dollars 272,870,500 156,309,551 Euro — 4,169,550 388,870,500 160,479,101

Other payables and accruals (Ta

Other payables and accruals (Tables)	12 Months Ended
	Dec. 31, 2022
Accrued Expenses And Other Liabilities [Abstract]
Summary of detailed information about other payables and accruals	As of December 31, 2021 2022 HK$ HK$ Accruals and other payables 91,594,587 114,718,709 Contract liabilities (note) 630,962 17,077,186 92,225,549 131,795,895

Provisions (Tables)

Provisions (Tables)	12 Months Ended
	Dec. 31, 2022
Provisions [abstract]
Summary Of Detailed Information About Provisions	Claims from HK$ At January 1, 2021 and December 31, 2021 — Additions from acquisition of subsidiaries (Note 34) 32,131,266 Settled during the year (739,547 ) Exchange alignment 414,124 At December 31, 2022 31,805,843

Deferred Tax Liabilities (Table

Deferred Tax Liabilities (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of temporary difference, unused tax losses and unused tax credits [abstract]
Summary of deferred tax liabilites	The movements in deferred tax liabilities during the years are as follows: Intangible HK$ At January 1, 2021 and December 31, 2021 — Acquisitions of subsidiaries (Note 34) 27,681,459 Deferred tax credit (1,896,006 ) At December 31, 2022 25,785,453

Convertible Bond and Derivati_2

Convertible Bond and Derivative Financial Liability (Tables)	12 Months Ended
	Dec. 31, 2022
Borrowings [abstract]
Summary of convertible bond	The movement of convertible bond during the years ended December 31, 2021 and 2022 are as follow s Liability Derivative HK$ HK$ At January 1, 2021 103,278,429 12,954,313 Interest for the year 8,085,419 — Exchange alignment 606,536 798,360 At December 31, 2021 111,970,384 13,752,673 Interest for the year 430,702 — Fair value gain recognized in profit or loss — (13,347,266 ) Converted into class A shares (112,401,086 ) (405,407 ) At December 31, 2022 — —

Share Capital and Treasury Sh_2

Share Capital and Treasury Shares (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of classes of share capital [abstract]
Summary of reserves within equity	Numbers of shares Notes Class A Class B Class B At January 1, 2020 41,084,851 204,526,628 — Conversion of class B ordinary shares to class A ordinary shares 21,243,000 (21,243,000 ) — At December 31, 2020 and January 1, 2021 62,327,851 183,283,628 — Repurchase of ordinary shares (i) — (69,144,673 ) 69,144,673 As December 31, 2021 62,327,851 114,138,955 69,144,673 Issued during the year (ii), (iii), (iv) 77,467,980 54,524,730 — Conversion of class B ordinary shares to class A ordinary shares 4,281,379 (4,281,379 ) — Repurchase of ordinary shares (i) — (36,923,963 ) 36,923,963 As December 31, 2022 144,077,210 127,458,343 106,068,636 Notes: (i) On September 30, 2021 and December 31,2022, the Company repurchased and 36,923,963 ,respectively, Details on N (ii) In January 2022, the convertible bond has been converted into 1,856,436 class A ordinary shares at the conversion price of US$8.08 per share. (iii) In February 2022, the Company acquired a controlling stake in AMTD Digital by issuing at a consideration of HK$7,756,228,581. (iv) In January and April 2022, the Company issued 8,411,215 Class A and 3,271,028 Class B shares to the private investors at US$4.28 per share.

Notes To The Consolidated Sta_2

Notes To The Consolidated Statements Of Cash Flows (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of reconciliation of liabilities arising from financing activities [abstract]
Summary of liabilities arising from financing activities	(b) Changes in liabilities arising from financing activities Margin loans HK$ Derivative HK$ Convertible HK$ Bank Total HK$ At January 1, 2020 317,722,438 20,813,810 95,995,690 — 434,531,938 Cash flow from financing activities (330,197,734 ) — — 230,962,565 (99,235,169 ) Interest expenses 12,475,296 — 7,717,348 1,317,435 21,510,079 Fair value gain recognized in profit or loss — (7,765,148 ) — — (7,765,148 ) Exchange alignment — (94,349 ) (434,609 ) — (528,958 ) At December 31, 2020 — 12,954,313 103,278,429 232,280,000 348,512,742 Cash flow from financing activities — — — 151,263,786 151,263,786 Interest expenses — — 8,085,419 4,740,504 12,825,923 Exchange alignment — 798,360 606,536 586,210 1,991,106 At December 31, 2021 — 13,752,673 111,970,384 388,870,500 514,593,557 Cash flow from financing activities — — — (239,383,150 ) (239,383,150 ) Interest expenses — — 430,702 6,298,576 6,729,278 Fair value change — (13,347,266 ) — — (13,347,266 ) Non-cash Conversion of convertible bond — (405,407 ) (112,401,086 ) — (112,806,493 ) Acquisition of subsidiaries — — — 4,589,759 4,589,759 Exchange alignment — — — 103,416 103,416 At December 31, 2022 — — — 160,479,101 160,479,101

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2022
Related party transactions [abstract]
Summary of detailed information about additional information of transactions with related parties	(A) In addition to the transactions disclosed elsewhere in these consolidated financial statements, the Group had the following transactions with related parties during the years: For the year ended December 31, Notes 2020 2021 2022 HK$ HK$ HK$ Capital market solutions services rendered to fellow subsidiaries (i) 30,233,187 1,147,769 20,655 Capital market solutions services rendered to related companies controlled by a director of the Company (i) 98,185,833 — 9,000,000 Capital market solutions services rendered to former fellow subsidiaries (i) — 104,300,690 — Management fee paid to immediate holding company (i) 150,000 150,000 137,500 Investment advisory fee paid to a fellow subsidiary (i) 180,000 180,000 165,000 Insurance commission paid to a fellow subsidiary (i) 105,251 58,228 — Insurance commission received from immediate holding (i) — — 31,531 Insurance commission received from a fellow subsidiary (i) — — 1,662 Digital solutions and other services income from immediate holding company (i) — — 12,466,667 Fashion and luxury media advertising and marketing (i) — — 22,616,160 Acquisition of investment from immediate holding (ii)(a) 556,161,528 163,180,000 — Acquisition of investments from fellow subsidiaries (ii)(b) 148,671,602 11,545,800 — Disposal of an investment to a former fellow subsidiary (ii)(c) — 196,036,584 — Administrative service fee paid to immediate holding (iii) 24,000,000 24,000,000 29,500,000 For the year ended December 31, Notes 2020 2021 2022 HK$ HK$ HK$ Interest income from immediate holding company (iv) 101,159,079 116,028,045 75,991,943 Stock lending interest income from a former fellow subsidiary (i) — 34,740 — Recharge from/(to) immediate holding company —Staff costs 20,156,843 22,081,545 31,986,661 —Premises cost 14,010,263 13,964,993 11,507,635 (iii) 34,167,106 36,046,538 43,494,296 Treasury shares repurchased from immediate holding company 28 — 5,000,000,000 2,500,000,000 Perpetual securities redeemed from a former fellow subsidiary — 4,648,331 — Perpetual securities redeemed from a related company — 35,719,218 — Acquisition of AMTD Digital from immediate holding company and fellow subsidiaries (ii)(d) — — 5,793,768,692 Net changes in fair value on derivative financial asset (v) 321,797,949 — — Consideration received for disposal of investments to a related party controlled by a director of the Company (v) 972,215,580 — — Consideration received for settlement of derivatives contracts with a related party controlled by a director of the Company (v) 618,682,641 — — Notes: (i) The terms of these services were comparable to the fee and conditions offered to the major customers of the Group. (ii) a. In 2020, the transaction represented the acquisition of 14.37% interest in a fellow subsidiary, AMTD Digital from AMTD Group based on fair value at the date of acquisition. In 2021, the transaction represented the acquisition of 19.9% interest in another fellow subsidiary, AMTD Assets Alpha Group, from AMTD Group based on the investee’s net asset value on the date of acquisition. The considerations were settled through the current account with AMTD Group.
Summary of detailed information about compensation of key management personnel	(C) Compensation of key management personnel of the Group: For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Short-term employee benefits 32,692,568 22,426,846 33,320,024 Other long-term benefit 54,745 55,200 99,750 32,747,313 22,482,046 33,419,774

Financial Instruments By Cate_2

Financial Instruments By Category (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of financial liabilities [abstract]
Summary of financial assets	Financial assets Financial assets at Financial Total Mandatorily fair value HK$ HK$ HK$ Accounts receivable — 86,514,680 86,514,680 Financial assets included in prepayments, deposits and other receivables — 1,196,110 1,196,110 Due from immediate holding company — 2,144,975,230 2,144,975,230 Financial assets at fair value through profit or loss 2,786,027,085 — 2,786,027,085 Derivative financial asset s 969,894,519 — 969,894,519 Other assets — 136,065,738 136,065,738 Cash and bank balances — 526,206,108 526,206,108 3,755,921,604 2,894,957,866 6,650,879,470 Financial assets Financial assets at Financial assets at amortized cost Total Mandatorily fair value HK$ HK$ HK$ Accounts receivable — 187,673,616 187,673,616 Financial assets included in prepayments, deposits and other receivables — 954,518,603 954,518,603 Due from immediate holding company — 2,239,358,702 2,239,358,702 Financial assets at fair value through profit or loss 1,523,195,334 — 1,523,195,334 Derivative financial assets 1,443,134,162 — 1,443,134,162 Other assets — 9,620,468 9,620,468 Restricted cash — 3,239,362 3,239,362 Cash and bank balances — 1,078,411,335 1,078,411,335 2,966,329,496 4,472,822,086 7,439,151,582
Summary of financial liabilities	Financial liabilities Financial liabilities at loss Financial Total HK$ HK$ HK$ Accounts payable — 155,020,918 155,020,918 Financial liabilities included in other payables and accruals — 72,107,680 72,107,680 Bank borrowings — 388,870,500 388,870,500 Derivative financial liability 13,752,673 — 13,752,673 Convertible bond — 111,970,384 111,970,384 13,752,673 727,969,482 741,722,155 Financial liabilities Financial liabilities Financial Total HK$ HK$ HK$ Accounts payable — 82,315,173 82,315,173 Financial liabilities included in other payables and accruals — 102,788,191 102,788,191 Bank borrowings — 160,479,101 160,479,101 — 345,582,465 345,582,465

Fair Value and Fair Value Hie_2

Fair Value and Fair Value Hierarchy of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Disclosure of detailed information about financial instruments [abstract]
Schedule of carrying amount and fair value of the financial instruments	The carrying amounts and fair values of the Group’s financial instruments measured at fair value are as follows: Carrying amounts Fair values As of December 31, As of December 31, 2021 2022 2021 2022 HK$ HK$ HK$ HK$ Financial assets Financial assets at fair value through profit or loss 2,786,027,085 1,523,195,334 2,786,027,085 1,523,195,334 Derivative financial asset s 969,894,519 1,443,134,162 968,386,750 1,443,214,318 3,755,921,604 2,966,329,496 3,754,413,835 2,966,409,652 Financial liabilities Derivative financial liability 13,752,673 — 13,752,673 —
Disclosure of detailed information about in unobservable inputs to valuation of financial instruments explanatory	Below is summary of significant unobservable inputs to valuation of financial instruments together with a quantitative sensitivity analysis as of December 31, 2021: Valuation Significant Range or Sensitivity of value to the input Unlisted equity investment Investment D Multiple/ EVA Equity volatility 75.29 % 5% increase/decrease in volatility results in decrease/increase in fair value by 0%/ 0% Median Forward P/E multiple of peers 2.10 5% increase/decrease in P/E multiple results in increase/decrease in fair value by 0%/1.9% Unlisted equity investment Investment E Multiple/ EVA Equity volatility 48.52 % 5% increase/decrease in volatility results in decrease/increase in fair value by 1.3%/1.3% Median Forward P/E multiple of peers 18.97 5% increase/decrease in P/E multiple results in increase/decrease in fair value by 4.2%/4.3% Unlisted equity investment Investment F Multiple/ EVA Average P/E multiple of peers 61.29 5% increase/decrease in P/E multiple results in increase/decrease in fair value by 5.0%/5.0% Discount of lack of marketability 45 % 5% increase/decrease in discount of lack of marketability results in decrease/increase in fair value by 4.1%/4.1% Unlisted equity investment Investment H Net asset value method Net asset value Note (a) 5% increase/decrease in net asset value results in increase/decrease in fair value by 5.0%/5.0% Derivative financial assets in relation to the Agreements MCS Volatility of Underlying Assets 35.95 % 5% increase/decrease in volatility results in increase/decrease in fair value by 0.06% Derivative financial liability Binomial option pricing model Volatility 46.21 % 5% increase/decrease in volatility results in increase/decrease in fair value by 0.07%/0.13% Discount rate 12.52 % 5% increase/decrease in discount rate results in decrease/increase in fair value by 0.70%/0.71%
Disclosure of fair value measurement of assets explanatory	The following tables illustrate the fair value measurement hierarchy of the Group’s financial instruments: Assets measured at fair value Fair value measurement using Quoted prices in (Level 1) Observable (Level 2) Significant (Level 3) Total HK$ HK$ HK$ HK$ As of December 31, 2021 Financial assets at fair value through profit or loss 1,055,407,260 21,525,064 1,709,094,761 2,786,027,085 Derivative financial asset — — 969,894,519 969,894,519 1,055,407,260 21,525,064 2,678,989,280 3,755,921,604 As of December 31, 2022 Financial assets at fair value through profit or loss 861,455,286 33,804,838 627,935,210 1,523,195,334 Derivative financial assets — 137,877,845 1,305,256,317 1,443,134,162 861,455,286 171,682,683 1,933,191,527 2,966,329,496
Disclosure of Fair Value Measurement of Liabilities Explanatory	Liability measured at fair value Fair value measurement using Quoted prices (Level 1) Observable (Level 2) Significant (Level 3) Total HK$ HK$ HK$ HK$ As of December 31, 2021 Derivative financial liabilities — — 13,752,673 13,752,673
Schedule of detailed information about in fair value measurement level 3	The movements in fair value measurements within Level 3 during the years are as follow: For the year ended December 31, 2020 2021 2022 HK$ HK$ HK$ Financial assets at fair value through profit or loss: At January 1, 322,697,916 299,855,685 1,709,094,761 Addition — 163,180,000 169,303,189 Disposal — (196,036,584 ) (354,050,259 ) Transfer (Note 3) — 1,120,244,487 11,630,000 Derecognition (Note 34(a)) — — (1,271,643,878 ) Receipt of investment return — — (20,899,338 ) Total (losses) gains in profit or loss (22,842,231 ) 321,851,173 384,500,735 At December 31, 299,855,685 1,709,094,761 627,935,210 The total profits for the year included an unrealized gain of HK$216,520,744 relating to level 3 financial assets at FVTPL that are measured at fair value held as at December 31, 202 2 and unrealized loss of HK$22,842,231 as at December 31, 2021 and 2020, respectively). Fair value gains or losses on financial assets at FVTPL are included in the “Net fair value changes on financial assets at fair value through profit or loss (except derivative financial assets)” line item. Included in the total (losses) gains in profit or loss for the year ended December 31, 2022 is HK$168,063,704 relating to gain from disposal of financial assets at fair value through profit or loss. For the year ended December 31, 2021 2022 HK$ HK$ Derivative financial assets in relation to the Agreements (Note 14): At January 1, 1,023,902,566 969,894,519 Recognition of day 1 profit or loss deferred on inception of contract, renegotiation and extension 14,591,113 15,588,500 Net fair value gains recognized in profit or loss (68,599,160 ) 331,293,928 Gain related to disposed investment — 3,786,355 Partial settlement — (15,306,985 ) At December 31, 969,894,519 1,305,256,317 For the year ended December 31, 2021 2022 HK$ HK$ Derivative financial liability (Note 25): At January 1, 12,954,313 13,752,673 Net fair value changes recognized in profit or loss 798,360 (13,347,266 ) Converted into class A shares — (405,407 ) At December 31, 13,752,673 —

Financial Risk Management Obj_2

Financial Risk Management Objectives and Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Financial Risk Management Objective And Policies [Abstract]
Disclosure of financial assets that are either past due or impaired	Maximum exposure and staging as of December 31, 2021 and 2022 As of December 31, 2021 12-month Lifetime ECLs Stage 1 Stage 2 Stage 3 Simplified HK$ Accounts receivable* 21,545,865 — — 64,968,815 86,514,680 Financial assets included in prepayments, deposits and other receivables —Normal** 1,196,110 — — — 1,196,110 Due from immediate holding company —Normal** 2,144,975,230 — — — 2,144,975,230 Other assets — Not yet past due 136,065,738 — — — 136,065,738 Cash and bank balances — Not yet past due 526,206,108 — — — 526,206,108 2,829,989,051 — — 64,968,815 2,894,957,866 * For accounts receivable to which the Group applies the simplified approach for impairment, information based on the provision matrix and internal credit rating mentioned in Note 11 to the consolidated financial statements. ** The credit quality of the financial assets included in prepayments, deposits and other receivables, and due from immediate holding company is considered to be “normal” when they are not past due and there is no information indicating that the financial assets had a significant increase in credit risk since initial recognition; “doubtful” when there has been significant increase in credit risk since initial recognition through information developed internally or externally; “loss” when there is evidence indicating the asset is credit-impaired: and “ write-off As of December 31, 2022 12-month Lifetime ECLs Stage 1 Stage 2 Stage 3 Simplified HK$ Accounts receivable* — — — 187,673,616 187,673,616 Financial assets included in prepayments, deposits and other receivables —Normal** 954,518,603 — — — 954,518,603 Due from immediate holding company —Normal** 2,239,358,702 — — — 2,239,358,702 Other assets — Not yet past due 9,620,468 — — — 9,620,468 Restricted cash — Not yet past due 3,239,362 — — — 3,239,362 Cash and bank balances — Not yet past due 1,078,411,335 — — — 1,078,411,335 4,285,148,470 — — 187,673,616 4,472,822,086 * For accounts receivable to which the Group applies the simplified approach for impairment, information based on the provision matrix and internal credit rating mentioned in Note 11 to the consolidated financial statements. ** The credit quality of the financial assets included in prepayments, deposits and other receivables, and due from immediate holding company is considered to be “normal” when they are not past due and there is no information indicating that the financial assets had a significant increase in credit risk since initial recognition; “doubtful” when there has been significant increase in credit risk since initial recognition through information developed internally or externally; “loss” when there is evidence indicating the asset is credit-impaired: and “ write-off
Disclosure of maturity analysis for non-derivative financial liabilities	The following tables detail the Group’s remaining contractual maturity for its financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Group can be required to pay. As of December 31, 2021 Weighted On demand 3 months 1 to 5 years Total % HK$ HK$ HK$ HK$ Accounts payable N/A 155,020,918 — — 155,020,918 Bank borrowings 2.1 % 390,926,836 2,631,251 — 393,558,087 Financial liabilities included in other payables and accruals N/A 72,107,680 — — 72,107,680 Convertible bond 7.8 % — — 125,319,026 125,319,026 618,055,434 2,631,251 125,319,026 746,005,711 As of December 31, 2022 Weighted On demand 3 months 1 to 5 years Total % HK$ HK$ HK$ HK$ Accounts payable N/A 82,315,173 — — 82,315,173 Bank borrowings 6.3 % 158,011,249 622,237 3,614,825 162,248,311 Financial liabilities included in other payables and accruals N/A 102,788,191 — — 102,788,191 343,114,613 622,237 3,614,825 347,351,675

Acquisitions of Subsidiaries (T

Acquisitions of Subsidiaries (Tables)	12 Months Ended
	Dec. 31, 2022
AMTD Digital [Member]
Disclosure of detailed information about business combination [line items]
Summary of consideration transferred	Consideration transferred HK$ Fair value of previously held equity interest 1,271,643,878 Ordinary shares of the Company 7,756,228,581 9,027,872,459
Summary of assets acquired and liabilities recognized	Assets acquired and liabilities recognized at the date of acquisition HK$ Intangible assets 37,565,776 Goodwill 58,675,041 Property, plant and equipment 138,647 Other assets 13,695,802 Cash and bank balances 101,977,036 Accounts receivable 58,752,389 Prepayments, deposits and other receivables 278,018,221 Due from immediate holding company 2,484,684,809 Financial assets at fair value through profit or loss 165,643,411 Account s (8,739,902 ) Other payables and accruals (67,568,783 ) Tax payable (28,213,719 ) Deferred tax liabilities (5,953,845 ) Total identifiable net assets 3,088,674,883
Summary of reserve or gain arising on acquisition	HK$ Consideration transferred 9,027,872,459 Plus: non-controlling interests of AMTD Digital 89,294,338 Plus: non-controlling interests of AMTD Digital’s subsidiaries 20,848,000 Less: recognized amounts of net assets acquired (3,088,674,883 ) 6,049,339,914
Summary of net cash inflow on acquisition	Net cash inflow on acquisition of AMTD Digital HK$ Cash consideration paid — Add: cash and cash equivalent balances acquired 101,977,036 101,977,036
L'Officiel [member]
Disclosure of detailed information about business combination [line items]
Summary of consideration transferred	Consideration transferred HK$ Consideration settled by amount due from immediate holding company 492,824,872
Summary of assets acquired and liabilities recognized	Assets acquired and liabilities recognized at the date of acquisition HK$ Intangible assets 724,253,789 Restricted cash 3,746,823 Cash and bank balances 1,935,822 Accounts receivables 14,555,302 Prepayments, deposits and other receivables 21,537,765 Accounts payable (90,183,339 ) Other payables and accruals (86,606,246 ) Provisions (32,131,266 ) Bank borrowings (4,589,759 ) Deferred tax liabilities ) Total identifiable net assets at fair value 530,791,277
Summary of reserve or gain arising on acquisition	Gain arising on acquisition: HK$ Recognized amounts of net assets acquired 530,791,277 Less: Consideration transferred (492,824,872 ) 37,966,405
Summary of net cash inflow on acquisition	Net cash inflow on acquisition of L’Officiel HK$ Cash consideration paid — Add: cash and cash equivalent balances acquired 1,935,822 1,935,822

Corporate Information - Summary

Corporate Information - Summary of information about company principal subsidiaries (Detail) - 12 months ended Dec. 31, 2022	HKD ($)	USD ($)	EUR (€)
AMTD International Holding Group Limited) ("AMTD IHG") [member]
Disclosure of subsidiaries [line items]
Place of incorporation	Hong Kong (“HK”)
Issued and registered share capital	$ 500,000
Proportion Of Ownership Interest In Subsidiary Direct	100%
Principal activities	Investment holding and provision of capital market solutions services
AMTD Global Markets Limited [Member]
Disclosure of subsidiaries [line items]
Place of incorporation	HK
Issued and registered share capital	$ 1,561,610,980
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Provision of capital market solutions services
AMTD Strategic Investment Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	HK
Issued and registered share capital	$ 1
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Strategic investment
AMTD Investment Solutions Group Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	HK
Issued and registered share capital	$ 1
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Strategic investment
AMTD Overseas Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	HK
Issued and registered share capital	$ 1
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Strategic investment
AMTD Fintech Investment Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	HK
Issued and registered share capital	$ 1
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Strategic investment
AMTD Investment Inc [member]
Disclosure of subsidiaries [line items]
Place of incorporation	Cayman Islands
Issued and registered share capital		$ 1
Proportion Of Ownership Interest In Subsidiary Direct	100%
Principal activities	Investment holding
AMTD Strategic Investment (BVI) Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	BVI
Issued and registered share capital		1
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Investment holding
AMTD Investment Solutions Group (BVI) Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	BVI
Issued and registered share capital		1
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Investment holding
AMTD IDEA International Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	BVI
Issued and registered share capital		1
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Investment holding
AMTD Fintech Investment (BVI) Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	BVI
Issued and registered share capital		1
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Investment holding
L'Officiel Inc. SAS ("L'Officiel") [Member]
Disclosure of subsidiaries [line items]
Place of incorporation	France
Issued and registered share capital | €			€ 6,960,100
Proportion of Ownership Interest In Subsidiaries Indirect	100%
Principal activities	Investment holding and provision of fashion and luxury media advertising and marketing services
AMTD Digital Inc. (AMTD Digital) [Member]
Disclosure of subsidiaries [line items]
Place of incorporation	Cayman Islands
Issued and registered share capital		7,658
Proportion Of Ownership Interest In Subsidiary Direct	84.90%
Principal activities	Investment holding
AMTD Biomedical Investment Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	BVI
Issued and registered share capital		1
Proportion of Ownership Interest In Subsidiaries Indirect	84.90%
Principal activities	Investment holding
AMTD Digital Media Holdings Limited [member]
Disclosure of subsidiaries [line items]
Place of incorporation	BVI
Issued and registered share capital		$ 1
Proportion of Ownership Interest In Subsidiaries Indirect	84.90%
Principal activities	Investment holding
AMTD Digital Media Limited [Member]
Disclosure of subsidiaries [line items]
Place of incorporation	HK
Issued and registered share capital	$ 1
Proportion of Ownership Interest In Subsidiaries Indirect	84.90%
Principal activities	Provision of digital solutions and other services
AMTD Risk Solutions Group Limited [Member]
Disclosure of subsidiaries [line items]
Place of incorporation	HK
Issued and registered share capital	$ 300,000
Proportion of Ownership Interest In Subsidiaries Indirect	84.90%
Principal activities	Provision of digital solutions and other services

Corporate Information - Summa_2

Corporate Information - Summary of information about company principal subsidiaries (Parenthetical) (Detail) - AMTD Digital [Member]	Dec. 31, 2022	Feb. 28, 2022
Disclosure of subsidiaries [line items]
Percentage Of Acquisition Of Ordinary Shares	82.70%
Percentage of voting equity interests acquired	97.10%	82.70%

Corporate Information - Summa_3

Corporate Information - Summary of Reorganization - Additional Information (Detail) - AMTD Digital [Member]	Dec. 31, 2022
Top of range [member]
Disclosure of subsidiaries [line items]
Percentage of voting equity interests acquired	84.90%
Bottom of range [member]
Disclosure of subsidiaries [line items]
Percentage of voting equity interests acquired	97.10%

Basis of Presentation - Summary

Basis of Presentation - Summary of annual rates for depreciation of property plant and equipment (Detail)	12 Months Ended
	Dec. 31, 2022
Furniture and fixtures [member]
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation rate, property, plant and equipment	20%
Computer equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation rate, property, plant and equipment	33.33%

Basis of Presentation - Additio

Basis of Presentation - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Basis of Presentation [Line Items]
Short-term lease recognition exemption	The Group applies the short-term lease recognition exemption to leases that have a lease term of 12 months or less from the commencement date and do not contain a purchase option.
Credit period to customers	90 days
Operating segments [member] | Capital Market Solutions [Member]
Basis of Presentation [Line Items]
Total revenue percentage	10%	10%	10%

Significant Accounting Estima_2

Significant Accounting Estimates and Judgements - Additional Information (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Accounting Judgements And Estimates [Line Items]
Intangible assets other than goodwill	$ 756,131,422	$ 15,171,170
Goodwill	58,675,041	0
Accumulated impairment [member]
Accounting Judgements And Estimates [Line Items]
Intangible assets other than goodwill	$ 756,131,422	$ 0

Operating Segment Information -

Operating Segment Information - Schedule Of Operating Segments (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of operating segments [line items]
Revenue from contracts with customers	$ 825,184,760	$ 680,477,636	$ 607,263,125
Unallocated other income	141,461,546	125,538,171	111,867,468
Unallocated other gain	153,487,985	0	0
Unallocated finance costs	(6,729,278)	(12,825,923)	(21,510,079)
Unallocated net changes in fair value on derivative financial liability			7,765,148
PROFIT BEFORE TAX	1,361,698,473	1,331,176,555	1,001,420,217
Depreciation	96,115	44,226	30,374
Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	1,371,881,012	1,397,844,217	1,118,540,173
Gross profit	1,299,822,031	1,375,871,028	1,076,548,268
Unallocated amounts [member]
Disclosure of operating segments [line items]
Unallocated other income	141,461,546	125,538,171	111,867,468
Unallocated other gain	153,487,985
Unallocated finance costs	(6,729,278)	(12,825,923)	(21,510,079)
Unallocated net changes in fair value on derivative financial liability	13,347,266		7,765,148
Corporate and other unallocated expenses	(239,691,077)	(157,406,721)	(173,250,588)
External Customer [member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	825,184,760	680,477,636	607,263,125
Other Customer [member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	546,696,252	717,366,581	511,277,048
Asset Management [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	581,932,693	680,477,636	607,263,125
Asset Management [member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	183,572,996
Gross profit	166,805,327
Asset Management [member] | External Customer [member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	183,572,996
Strategic Investment [member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	546,696,252	717,366,581	511,277,048
Gross profit	546,696,252	717,366,581	511,277,048
Strategic Investment [member] | Other Customer [member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	546,696,252	717,366,581	511,277,048
Other Segments [Member]
Disclosure of operating segments [line items]
Depreciation	5,784,258	44,226	30,374
Capital expenditure			110,734
Fashion and luxury media advertising and marketing services [Member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	59,679,071
Fashion and luxury media advertising and marketing services [Member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	59,679,071
Gross profit	21,337,768
Fashion and luxury media advertising and marketing services [Member] | External Customer [member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	59,679,071
Capital market solutions [Member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	581,932,693	680,477,636	607,263,125
Capital market solutions [Member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	581,932,693	680,477,636	607,263,125
Gross profit	564,982,684	658,504,447	565,271,220
Capital market solutions [Member] | External Customer [member] | Operating segments [member]
Disclosure of operating segments [line items]
Revenue from contracts with customers	$ 581,932,693	$ 680,477,636	$ 607,263,125

Operating Segment Information_2

Operating Segment Information - Schedule of segment assets and liabilities (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure of operating segments [line items]
Segment assets	$ 8,271,291,772	$ 6,686,838,043
Segment liabilities	454,663,627	897,964,869
Operating segments [member]
Disclosure of operating segments [line items]
Segment assets	3,963,472,905	3,993,450,814
Segment liabilities	199,573,117	155,651,880
Operating segments [member] | Capital market solutions [Member]
Disclosure of operating segments [line items]
Segment assets	81,323,982	237,529,210
Segment liabilities	0	155,651,880
Operating segments [member] | Strategic Investment [member]
Disclosure of operating segments [line items]
Segment assets	2,966,329,496	3,755,921,604
Operating segments [member] | Digital solutions and other services [Member]
Disclosure of operating segments [line items]
Segment assets	184,735,467	0
Segment liabilities	18,117,399	0
Operating segments [member] | Fashion and luxury media advertising and marketing services [Member]
Disclosure of operating segments [line items]
Segment assets	731,083,960	0
Segment liabilities	181,455,718	0
Unallocated amounts [member]
Disclosure of operating segments [line items]
Segment assets	4,307,818,867	2,693,387,229
Segment liabilities	$ 255,090,510	$ 742,312,989

Operating Segment Information_3

Operating Segment Information - Schedule of group's revenue from external customers by geographical areas (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of geographical areas [line items]
Revenue from contracts with customers	$ 825,184,760	$ 680,477,636	$ 607,263,125
Capital market solutions [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	581,932,693	680,477,636	607,263,125
Digital solutions and other services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	183,572,996
Fashion and luxury media advertising and marketing services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	59,679,071
HK [Member] | Capital market solutions [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers		676,711,632	590,441,983
CN [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	787,907,146
CN [Member] | Capital market solutions [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	581,932,693
CN [Member] | Digital solutions and other services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	182,111,835
CN [Member] | Fashion and luxury media advertising and marketing services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	23,862,618
Other Countries [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	9,835,687
Other Countries [Member] | Capital market solutions [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	0	$ 3,766,004	$ 16,821,142
Other Countries [Member] | Digital solutions and other services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	1,461,161
Other Countries [Member] | Fashion and luxury media advertising and marketing services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	8,374,526
Europe [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	18,030,423
Europe [Member] | Capital market solutions [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	0
Europe [Member] | Digital solutions and other services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	0
Europe [Member] | Fashion and luxury media advertising and marketing services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	18,030,423
America [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	9,411,504
America [Member] | Capital market solutions [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	0
America [Member] | Digital solutions and other services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	0
America [Member] | Fashion and luxury media advertising and marketing services [Member]
Disclosure of geographical areas [line items]
Revenue from contracts with customers	$ 9,411,504

Operating Segment Information_4

Operating Segment Information - Additional Information (Detail) - Property Plant And Equipment Goodwill Intangible Assets Other Than Goodwill [Member] - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Europe [Member]
Disclosure of operating segments [line items]
Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts	$ 724,254,000	$ 0
HONG KONG
Disclosure of operating segments [line items]
Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts	66,000	15,238,000
SINGAPORE
Disclosure of operating segments [line items]
Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts	$ 90,577,000	$ 0

Revenue, Other Income And Oth_3

Revenue, Other Income And Other Gain - Schedule of analysis of revenue (Detail) - HKD ($)		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		$ 825,184,760	$ 680,477,636	$ 607,263,125
Dividend income		50,213,509	48,711,208	88,078,159
Gain related to disposed investment		173,129,345	125,112,176	82,948,508
Dividend and gain related to disposed investment		223,342,854	173,823,384	171,026,667
Net fair value changes on financial assets at fair value through profit or loss		61,935,979	771,374,628	139,971,722
Net fair value changes on derivative financial asset -from derivative financial asset		484,760,273	(54,008,047)	371,305,326
Total revenue		1,371,881,012	1,397,844,217	1,118,540,173
Management Fee and Performance Based Incentive Fee [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		16,791,083	57,230,194	196,352,216
Brokerage And Handling Fees [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		42,313,366	25,356,917	33,359,007
Others [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		576,736	792,862	1,227,022
Financial Advisory Fee [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		427,723,245	568,045,723	210,852,275
Insurance Brokerage Services Commission [Member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		8,145,147
Fashion and luxury magazines and advertising services income [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		28,254,167
Fashion and luxury media licensing and marketing services income [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		31,424,904
Digital Solutions Fees [Member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		175,427,849
Listed Equity Shares [member]
Disclosure Of Analysis Of Revenue [Line Items]
Net fair value changes on financial assets at fair value through profit or loss		(378,012,020)	54,008,047	(371,305,326)
Unlisted Equity Shares And Movie Income Right Investments [member]
Disclosure Of Analysis Of Revenue [Line Items]
Net fair value changes on financial assets at fair value through profit or loss	[1]	216,605,145	543,543,197	313,561,520
Derivative financial asset [member]
Disclosure Of Analysis Of Revenue [Line Items]
Net fair value changes on derivative financial asset -from derivative financial asset		546,696,252	717,366,581	511,277,048
Capital market solutions [Member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		581,932,693	680,477,636	607,263,125
Total revenue		581,932,693	680,477,636	607,263,125
Capital market solutions [Member] | Management Fee and Performance Based Incentive Fee [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		16,791,083	57,230,194	196,352,216
Capital market solutions [Member] | Brokerage And Handling Fees [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		42,313,366	25,356,917	33,359,007
Capital market solutions [Member] | Others [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		576,736	792,862	1,227,022
Capital market solutions [Member] | Underwriting commission
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		94,528,263	29,051,940	165,472,605
Capital market solutions [Member] | Financial Advisory Fee [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		427,723,245	568,045,723	210,852,275
Asset Management [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		581,932,693	680,477,636	607,263,125
Asset Management [member] | Management Fee and Performance Based Incentive Fee [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		16,791,083	57,230,194	196,352,216
Asset Management [member] | Brokerage And Handling Fees [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		42,313,366	25,356,917	33,359,007
Asset Management [member] | Others [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		576,736	792,862	1,227,022
Strategic Investment [member]
Disclosure Of Analysis Of Revenue [Line Items]
Dividend income		50,213,509	48,711,208	88,078,159
Gain related to disposed investment		173,129,345	125,112,176	82,948,508
Total revenue		546,696,252	717,366,581	511,277,048
Strategic Investment [member] | Unlisted Equity Linked Notes [member]
Disclosure Of Analysis Of Revenue [Line Items]
Net fair value changes on financial assets at fair value through profit or loss				26,688,861
Strategic Investment [member] | Derivative financial asset [member]
Disclosure Of Analysis Of Revenue [Line Items]
Net fair value changes on derivative financial asset -from derivative financial asset		484,760,273	$ (54,008,047)	$ 371,305,326
DigitalSolutions and services income [Member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		183,572,996
DigitalSolutions and services income [Member] | Insurance Brokerage Services Commission [Member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		8,145,147
DigitalSolutions and services income [Member] | Digital Solutions Fees [Member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		175,427,849
Fashion and luxury media advertising and marketing services income [Member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		59,679,071
Fashion and luxury media advertising and marketing services income [Member] | Fashion and luxury magazines and advertising services income [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		28,254,167
Fashion and luxury media advertising and marketing services income [Member] | Fashion and luxury media licensing and marketing services income [member]
Disclosure Of Analysis Of Revenue [Line Items]
Revenue from external customers and others		$ 31,424,904
[1]For the year ended December 2020, 2021 and 2022, net fair value gain arising from investments in equity securities of related parties are HK$336,403,752, HK$545,199,207and HK$200,243,814, respectively (Note 29(A)(ii)).

Revenue, Other Income And Oth_4

Revenue, Other Income And Other Gain - Schedule of analysis of revenue (Parenthetical) (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of disaggregation of revenue from contracts with customers [abstract]
Gain loss due to change in fair value of investments in related parties	$ 213,791,063	$ 545,199,207	$ 336,403,752

Revenue, Other Income And Oth_5

Revenue, Other Income And Other Gain - Schedule revenue from contracts with customers (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	$ 825,184,760	$ 680,477,636	$ 607,263,125
Net fair value changes on financial assets at fair value through profit or loss	(161,406,875)	597,551,244	(31,054,945)
Net fair value changes on derivative financial assets	484,760,273	(54,008,047)	371,305,326
Gain related to disposed investments	173,129,345	125,112,176	82,948,508
Dividend income	50,213,509	48,711,208	88,078,159
Total revenue	1,371,881,012	1,397,844,217	1,118,540,173
Underwriting Commission And Brokerage Fee [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	94,528,263	29,051,940	165,472,605
Financial Advisory Fee [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	427,723,245	568,045,723	210,852,275
Management Fee And Performance Based Incentive Fee [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	16,791,083	57,230,194	196,352,216
Brokerage And Handling Fees [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	42,313,366	25,356,917	33,359,007
Others [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	576,736	792,862	1,227,022
Insurance Brokerage Services Commission [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	8,145,147
Fashion And Luxury Magazines And Advertising Services income [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	28,254,167
Fashion And Luxury Media Licensing And Marketing Services Income [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	31,424,904
Digital Solutions Fees [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	175,427,849
Capital market solutions [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	581,932,693	680,477,636	607,263,125
Total revenue	581,932,693	680,477,636	607,263,125
Capital market solutions [Member] | Underwriting Commission And Brokerage Fee [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	94,528,263	29,051,940	165,472,605
Capital market solutions [Member] | Financial Advisory Fee [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	427,723,245	568,045,723	210,852,275
Capital market solutions [Member] | Management Fee And Performance Based Incentive Fee [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	16,791,083	57,230,194	196,352,216
Capital market solutions [Member] | Brokerage And Handling Fees [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	42,313,366	25,356,917	33,359,007
Capital market solutions [Member] | Others [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	576,736	792,862	1,227,022
Digital solutions and other services [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	183,572,996
Total revenue	183,572,996
Digital solutions and other services [Member] | Insurance Brokerage Services Commission [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	8,145,147
Digital solutions and other services [Member] | Digital Solutions Fees [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	175,427,849
Fashion and luxury media advertising and marketing services [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	59,679,071
Total revenue	59,679,071
Fashion and luxury media advertising and marketing services [Member] | Fashion And Luxury Magazines And Advertising Services income [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	28,254,167
Fashion and luxury media advertising and marketing services [Member] | Fashion And Luxury Media Licensing And Marketing Services Income [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	31,424,904
Strategic Investment [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Net fair value changes on financial assets at fair value through profit or loss	(161,406,875)	597,551,244	(31,054,945)
Net fair value changes on derivative financial assets	484,760,273	(54,008,047)	371,305,326
Gain related to disposed investments	173,129,345	125,112,176	82,948,508
Dividend income	50,213,509	48,711,208	88,078,159
Total revenue	$ 546,696,252	$ 717,366,581	$ 511,277,048

Revenue, Other Income And Oth_6

Revenue, Other Income And Other Gain - Summary of timing of revenue recognition (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	$ 825,184,760	$ 680,477,636	$ 607,263,125
Capital market solutions [Member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	581,932,693	680,477,636	607,263,125
Investment Banking [member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	581,932,693
Digital solutions and other services [Member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	183,572,996
Fashion and luxury media advertising and marketing services [Member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	59,679,071
Services transferred at a point in time
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	601,540,924
Services transferred at a point in time | Capital market solutions [Member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers		623,008,452	200,058,634
Services transferred at a point in time | Investment Banking [member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	565,141,610
Services transferred at a point in time | Digital solutions and other services [Member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	8,145,147
Services transferred at a point in time | Fashion and luxury media advertising and marketing services [Member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	28,254,167
Services transferred over time
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	223,643,836
Services transferred over time | Capital market solutions [Member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers		$ 57,469,184	$ 407,204,491
Services transferred over time | Investment Banking [member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	16,791,083
Services transferred over time | Digital solutions and other services [Member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	175,427,849
Services transferred over time | Fashion and luxury media advertising and marketing services [Member]
Disclosure Of Timing Of Revenue Recognition [Line Items]
Revenue from contracts with customers	$ 31,424,904

Revenue, Other Income And Oth_7

Revenue, Other Income And Other Gain - Disclosure of Revenue Recognition from Performance Obligation (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of Revenue Recognition from Performance Obligation [Line Items]
Asset management	$ 630,962	$ 46,640,036
Capital market solutions [Member]
Disclosure of Revenue Recognition from Performance Obligation [Line Items]
Asset management	$ 630,962	$ 46,640,036

Revenue, Other Income And Oth_8

Revenue, Other Income And Other Gain - Schedule of transaction prices allocated to the remaining performance obligations (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Disclosure of performance obligations [line items]
Current contract liabilities	$ 17,077,186	$ 630,962	$ 47,270,998
Digital solutions and other services [Member]
Disclosure of performance obligations [line items]
Current contract liabilities	306,146,612
Within one year | Digital solutions and other services [Member]
Disclosure of performance obligations [line items]
Transaction price allocated to remaining performance obligations	204,702,968
More than one year | Digital solutions and other services [Member]
Disclosure of performance obligations [line items]
Transaction price allocated to remaining performance obligations	$ 101,443,644

Revenue, Other Income And Oth_9

Revenue, Other Income And Other Gain - Schedule of other income (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Other Operating Income [Line Items]
Bank interest income	$ 12,332	$ 15,174	$ 67,783
Other interest income	51,304,121
Interest income from the immediate holding company (Note 29(A)(iv)) (Note 29(B)(i))	75,991,943	116,028,045	101,159,079
Government grant (note b)	1,184,000		3,061,665
Others	12,969,150	9,494,952	7,578,941
Total other income	$ 141,461,546	$ 125,538,171	$ 111,867,468

Revenue, Other Income And Ot_10

Revenue, Other Income And Other Gain - Additional Information (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of disaggregation of revenue from contracts with customers [line items]
Government grants	$ 1,184,000	$ 0	$ 3,061,665
Other interest income	51,304,121
Other gains losses	153,487,985	0	$ 0
Gain recognized on bargain purchase transaction	37,966,405
Gain loss on disposal of subsidiaries one	115,521,580
Consideration receivable on disposal of subsidiaries	350,000,000	$ 0
Accounts receivable in subsidiary or businesses acquired or disposed	200,036,799
Other assets in subsidiary or businesses acquired or disposed	598,415,823
Accounts payable in subsidiary or businesses acquired or disposed	690,228,623
Subsidiaries [member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Cash and cash equivalents and other net assets in the subsidiary disposed	248,235,650
Cash and cash equivalents in subsidiary disposed	144,050,060
Independent Third Party [Member]
Disclosure of disaggregation of revenue from contracts with customers [line items]
Other interest income	$ 45,272,261

Other Operating Expenses - Sche

Other Operating Expenses - Schedule of operating expenses and foreign exchange differences included in the consolidated statement of profit or loss and other comprehensive income (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Premises costs and office utilities
Advertising and marketing service fees and brand promotional expenses	$ 20,004,385	$ 597,566	$ 5,696,606
—Premises costs	13,095,944	14,226,081	14,244,127
—Office utilities	9,142,411	7,821,627	6,601,790
Premises costs and office utilities	22,238,355	22,047,708	20,845,917
Traveling and business development expenses	7,761,633	3,747,166	5,636,354
Commissions and bank charges	1,309,186	1,308,425	1,957,433
Office and maintenance expenses	20,729	55,192	175,348
Administrative service, management and investment advisory fees	29,802,500	24,330,000	24,330,000
Legal and professional fees
Legal and professional related fees	73,729,042	24,663,025	36,314,507
Staff recruitment expenses	4,229,736	2,322,035	1,223,673
Staff welfare and staff recruitment expenses
—Depreciation	96,115	44,226	30,374
—Amortization	5,688,143
—Foreign exchange differences, net	1,970,158	963,422	3,222,789
—Other expenses	11,722,482	3,715,247	4,290,210
Other expenses, by nature	19,476,898	4,722,895	7,543,373
Operating expenses	$ 178,572,464	$ 83,794,012	$ 103,723,211

Staff Costs - Schedule of staff

Staff Costs - Schedule of staff costs (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Classes of employee benefits expense [abstract]
Salaries, bonuses and staff welfare	$ 121,314,816	$ 94,776,416	$ 93,660,617
Pension scheme contributions (defined contribution schemes)	7,942,657	809,482	749,664
Employee benefits expense	$ 129,257,473	$ 95,585,898	$ 94,410,281

Finance Costs - Schedule of fin

Finance Costs - Schedule of finance costs (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finance Costs [Abstract]
Interests on margin loans payable	$ 0	$ 0	$ 12,475,296
Interests on convertible bond	430,702	8,085,419	7,717,348
Interests on bank borrowings	6,298,576	4,740,504	1,317,435
Total Finance costs	$ 6,729,278	$ 12,825,923	$ 21,510,079

Income Tax (Credit) _ Expense -

Income Tax (Credit) / Expense - Components of Income Tax Benefits/(Expenses) (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Reserve Quantities [Line Items]
Overprovision in prior year			$ (143,606)
Income tax (credit)/expense	$ 104,984,438	$ 109,295,037	(137,540,767)
HONG KONG
Reserve Quantities [Line Items]
Charge for the year	101,232,315	104,423,916	96,708,600
Overprovision in prior year			(143,606)
CHINA
Reserve Quantities [Line Items]
The People's Republic of China withholding tax Charge for the year	5,021,351	$ 4,871,121	8,807,816
Other Jursidcitions [Member]
Reserve Quantities [Line Items]
Charge for the year	626,778
Deferred tax	$ (1,896,006)		$ (242,913,577)

Income Tax (Credit) _ Expense_2

Income Tax (Credit) / Expense - Additional Information (Detail) - HK [Member] - HKD ($) $ in Millions		12 Months Ended
	Mar. 28, 2018	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax [Line Items]
Applicable tax rate	16.50%	16.50%	16.50%	16.50%	16.50%
Tax Rate Applicable on Profit of First Two Million Hong Kong Dollars [Member]
Income Tax [Line Items]
Applicable tax rate		8.25%	8.25%	8.25%
Threshold limit Of taxable income on which tax is applicable		$ 2	$ 2	$ 2
Tax Rate Applicable on Profit of First Two Million Hong Kong Dollars [Member] | Intoduction Of Two Tiered Profits Tax Rates Regime [Member]
Income Tax [Line Items]
Applicable tax rate	8.25%
Threshold limit Of taxable income on which tax is applicable	$ 2
Tax Rate Applicable on Profit of Above Two Million Hong Kong Dollars [Member]
Income Tax [Line Items]
Applicable tax rate		16.50%	16.50%	16.50%
Threshold limit Of taxable income on which tax is applicable		$ 2	$ 2	$ 2
Tax Rate Applicable on Profit of Above Two Million Hong Kong Dollars [Member] | Intoduction Of Two Tiered Profits Tax Rates Regime [Member]
Income Tax [Line Items]
Applicable tax rate	16.50%
Threshold limit Of taxable income on which tax is applicable	$ 2

Income Tax (Credit) _ Expense_3

Income Tax (Credit) / Expense - Reconciliation of income tax expenses and profit before tax at statutory tax rate (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Major components of tax expense (income) [abstract]
Profit before tax	$ 1,361,698,473	$ 1,331,176,555	$ 1,001,420,217
Tax at statutory tax rate of 16.5%	224,680,248	219,644,132	165,234,336
Tax effect of foreign tax jurisdictions	264,583
Tax effect of two-tiered profits tax rate	(165,000)	(165,000)	(165,000)
Tax effect of non-taxable income	(122,208,901)	(95,836,917)	(79,190,106)
Tax effect of distribution to perpetual securities holders that are deductible for tax purpose	(20,290,239)	(20,747,569)
Tax effect of non-deductible expenses	17,740,105	1,566,657	10,887,971
Tax effect of unrecognized temporary difference	(2,839)	(4,075)	(25,011)
Tax effect of deferred tax liability reversed			(242,913,577)
Overprovision in prior year			(143,606)
Utilization of tax losses previously not recognized	(54,870)	(33,312)	(33,590)
Withholding tax on the dividend income	5,021,351	4,871,121	8,807,816
Income tax (credit)/expense	$ 104,984,438	$ 109,295,037	$ (137,540,767)

Income Tax (Credit) _ Expense_4

Income Tax (Credit) / Expense - Reconciliation of income tax expenses and profit before tax at statutory tax rate (Parenthetical) (Detail)		12 Months Ended
	Mar. 28, 2018	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
HK [Member]
Reconciliation Of Income Tax Expenses And Profit Before Tax At Statutory Tax Rate [Line Items]
Applicable tax rate	16.50%	16.50%	16.50%	16.50%	16.50%

Earnings Per Share Attributab_3

Earnings Per Share Attributable To Ordinary Equity Holders of The Parent - Summary of Basic and diluted earnings per share (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Numerator:
Profit attributable to ordinary equity holders of the parent used in the basic earnings per share	$ 1,110,007,521	$ 1,096,452,084	$ 1,059,973,270
Class A ordinary shares [Member]
Numerator:
Profit attributable to ordinary equity holders of the parent used in the basic earnings per share	$ 513,186,052	$ 299,742,816	$ 249,206,548
Denominator:
Weighted average number of shares outstanding—basic	138,490,789	62,327,851	57,474,495
Basic earnings per share	$ 3.71	$ 4.81	$ 4.34
Numerator:
Profit attributable to ordinary equity holders of the parent used in the diluted earnings per share	$ 513,186,052	$ 299,742,816	$ 248,629,790
Denominator:
Weighted average number of ordinary shares outstanding—diluted	138,490,789	62,327,851	58,966,142
Diluted earnings per share	$ 3.71	$ 4.81	$ 4.22
Class B ordinary shares [Member]
Numerator:
Profit attributable to ordinary equity holders of the parent used in the basic earnings per share	$ 596,821,469	$ 796,709,268	$ 810,766,722
Denominator:
Weighted average number of shares outstanding—basic	160,959,872	165,665,944	186,987,093
Basic earnings per share	$ 3.71	$ 4.81	$ 4.34
Numerator:
Profit attributable to ordinary equity holders of the parent used in the diluted earnings per share	$ 596,821,469	$ 796,709,268	$ 810,766,722
Denominator:
Weighted average number of ordinary shares outstanding—diluted	160,959,872	165,665,944	186,987,093
Diluted earnings per share	$ 3.71	$ 4.81	$ 4.34

Earnings Per Share Attributab_4

Earnings Per Share Attributable To Ordinary Equity Holders of The Parent - Summary of weighted average shares (Detail) - shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Class A Ordinary Shares [Member]
Shares:
Weighted average number of ordinary shares	138,490,789	62,327,851	57,474,495
Total shares	138,490,789	62,327,851	58,966,142
Class A Ordinary Shares [Member] | Convertible Bond [member]
Shares:
Effect of dilution – weighted average number of ordinary shares	0	0	1,491,647
Class B Ordinary Shares [Member]
Shares:
Weighted average number of ordinary shares	160,959,872	165,665,944	186,987,093
Total shares	160,959,872	165,665,944	186,987,093
Class B Ordinary Shares [Member] | Convertible Bond [member]
Shares:
Effect of dilution – weighted average number of ordinary shares	0

Earnings Per Share Attributab_5

Earnings Per Share Attributable To Ordinary Equity Holders of The Parent - Additional information (Detail)	12 Months Ended
	Dec. 31, 2020 HKD ($)
Earnings per share [line items]
Increase Decrease Through The Adjustment Effect Of Interest On The Convertible Bond	$ 7,717,348
Increase (decrease) in credit derivative, fair value	7,765,148
Increase (decrease) through effect of changes in foreign exchange rates, liabilities arising from financing activities	$ 528,958

Accounts Receivable - Summary o

Accounts Receivable - Summary of trade receivables (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Trade Receivables [Line Items]
Accounts receivable	$ 187,673,616	$ 86,514,680
Receivable From Capital Market Solutions Services [Member]
Disclosure Of Trade Receivables [Line Items]
Accounts receivable	81,614,733	$ 86,514,680
Commission receivable from insurance brokerage [Member]
Disclosure Of Trade Receivables [Line Items]
Accounts receivable	2,718,150
Receivable From Digital Solution And Services
Disclosure Of Trade Receivables [Line Items]
Accounts receivable	81,844,175
Receivable From Fashion And Luxury Media Advertising And Marketing Services
Disclosure Of Trade Receivables [Line Items]
Accounts receivable	$ 21,496,558

Accounts Receivable - Summary_2

Accounts Receivable - Summary of aging analysis of accounts receivable (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Aging Anaylsis Of Accounts Receivable [Line Items]
Accounts receivable	$ 187,673,616	$ 86,514,680
Current [member]
Disclosure Of Aging Anaylsis Of Accounts Receivable [Line Items]
Accounts receivable	177,754,160	74,048,058
Within 1 month [member]
Disclosure Of Aging Anaylsis Of Accounts Receivable [Line Items]
Accounts receivable	7,270,723	53,633
1 to 3 months [member]
Disclosure Of Aging Anaylsis Of Accounts Receivable [Line Items]
Accounts receivable	1,545,263	5,165,947
Over 3 months [member]
Disclosure Of Aging Anaylsis Of Accounts Receivable [Line Items]
Accounts receivable	$ 1,103,470	$ 7,247,042

Accounts Receivable - Summary_3

Accounts Receivable - Summary of trade receivable past due analysis (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Trade Receivable Past Due Analysis [Line Items]
Gross carrying amount	$ 187,673,616	$ 86,514,680
Credit Grade AA [Member]
Disclosure Of Trade Receivable Past Due Analysis [Line Items]
Expected credit loss rate.	0.15%
Gross carrying amount	$ 84,563,000
Credit Grade A [Member]
Disclosure Of Trade Receivable Past Due Analysis [Line Items]
Expected credit loss rate.		0.10%
Gross carrying amount		$ 54,763,000
Credit Grade BBB [Member]
Disclosure Of Trade Receivable Past Due Analysis [Line Items]
Expected credit loss rate.	0.27%	0.17%
Gross carrying amount	$ 103,111,000	$ 24,218,000
Credit Grade CCC [Member]
Disclosure Of Trade Receivable Past Due Analysis [Line Items]
Expected credit loss rate.		0.10%
Gross carrying amount		$ 7,534,000

Accounts Receivable - Additiona

Accounts Receivable - Additional information (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Jan. 01, 2021
Disclosure Of Trade Receivables [Line Items]
Loss allowance for accounts receivable	$ 0
Estimated loss on default percent	45%	45%
Impairment losses under expected credit loss model on accounts receivable	$ 3,920,121	$ 0	$ 17,109,001
Current trade receivables	187,673,616	$ 86,514,680
Trade Receivables Interest Rate Percentage		0%
Commission receivable from insurance brokerage [Member]
Disclosure Of Trade Receivables [Line Items]
Current trade receivables	$ 2,718,150
Accounts Receivable Credit Period	15 days
Receivable Arising from Various Services [Member]
Disclosure Of Trade Receivables [Line Items]
Accounts Receivable Credit Period	90 days
Receivable From Capital Market Solutions Services [Member]
Disclosure Of Trade Receivables [Line Items]
Current trade receivables	$ 81,614,733	$ 86,514,680
Receivable From Capital Market Solutions Services [Member] | Gross carrying amount [member]
Disclosure Of Trade Receivables [Line Items]
Current trade receivables			$ 17,109,001
Receivable From Capital Market Solutions Services [Member] | Brokers and Clearing House Services [Member]
Disclosure Of Trade Receivables [Line Items]
Current trade receivables		$ 21,545,865
Bottom of range [member]
Disclosure Of Trade Receivables [Line Items]
Probability of default	0.39%	0.12%
Top of range [member]
Disclosure Of Trade Receivables [Line Items]
Probability of default	0.57%	4.98%
Investment Banking [member]
Disclosure Of Trade Receivables [Line Items]
Receivables from contracts with customers				$ 77,350,250
Fellow Subsidaries And Immediate Holding Company [Member]
Disclosure Of Trade Receivables [Line Items]
Loss allowance for accounts receivable	$ 0	$ 0

Prepayments, Deposits And Oth_3

Prepayments, Deposits And Other Receivables - Summary of prepayments, deposits and other receivables (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Detailed Information About Prepayments And Other Assets [Line Items]
Consideration receivables on disposal of investments to an independent third party	$ 361,880,000	$ 0
Consideration receivable on disposal of subsidiaries to independent third parties (Note 5(c))	350,000,000	0
Receivables from former subsidiaries	187,300,371	0
Prepayments	14,143,937	20,720,272
Deposits	899,027	516,399
Other receivables	58,359,326	679,711
Less: impairment loss provided under expected credit loss model	(3,920,121)	0
Prepayments, deposits and other receivables	$ 968,662,540	$ 21,916,382

Prepayments, Deposits And Oth_4

Prepayments, Deposits And Other Receivables - Additional information (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Detailed Information About Prepayments And Other Assets [Line Items]
Expected credit loss	$ 3,920,121	$ 0

Financial Assets At Fair Valu_3

Financial Assets At Fair Value Through Profit Or Loss - Summary of financial assets at fair value through profit or loss (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Financial assets at fair value through profit or loss [Line Items]
Financial assets at fair value through profit or loss, other than financial asset at fair value through profit or loss under stock loan	$ 1,353,611,934	$ 2,574,695,685
Financial assets at fair value through profit or loss under stock loan	169,583,400	211,331,400
Financial assets	1,523,195,334	2,786,027,085
Listed equity shares, at quoted price [Abstract]
Listed equity shares, at quoted price	861,455,286	1,055,407,260
Fair value of investments in unlisted equity shares [Abstract]
Unlisted equity shares	558,435,363	1,730,619,825
Movie income rights investments	103,304,685	0
Financial assets at fair value through profit or loss and stock loan	1,523,195,334	2,786,027,085
Investment A [member]
Listed equity shares, at quoted price [Abstract]
Listed equity shares, at quoted price	695,988,462	1,055,407,260
Investment B [member]
Listed equity shares, at quoted price [Abstract]
Listed equity shares, at quoted price	165,462,000	0
Investment C [member]
Listed equity shares, at quoted price [Abstract]
Listed equity shares, at quoted price	4,824	0
Investment D [member]
Fair value of investments in unlisted equity shares [Abstract]
Unlisted equity shares	0	86,195,893
Investment E [member]
Fair value of investments in unlisted equity shares [Abstract]
Unlisted equity shares	0	21,954,381
Investment F [member]
Fair value of investments in unlisted equity shares [Abstract]
Unlisted equity shares	0	1,120,244,487
Investment G [Member]
Fair value of investments in unlisted equity shares [Abstract]
Unlisted equity shares	0	9,979,264
Investment H [Member]
Fair value of investments in unlisted equity shares [Abstract]
Unlisted equity shares	543,000,000	480,700,000
Investment I [Member]
Fair value of investments in unlisted equity shares [Abstract]
Unlisted equity shares	11,630,000	11,545,800
Investment J [Member]
Fair value of investments in unlisted equity shares [Abstract]
Unlisted equity shares	1,559,597	0
Investment K [Member]
Fair value of investments in unlisted equity shares [Abstract]
Unlisted equity shares	$ 2,245,766	$ 0

Financial Assets At Fair Valu_4

Financial Assets At Fair Value Through Profit Or Loss - (Additional Information) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2022 HKD ($)	Dec. 31, 2021 HKD ($)	Dec. 31, 2022 USD ($)	Jun. 01, 2022	May 05, 2022	Feb. 28, 2022 HKD ($)	Dec. 28, 2021
Financial Assets At Fair Value Through Profit or Loss [Line Items]
Unrealized gain on stock loan	$ 70,293,600
AMTD Digital [Member]
Financial Assets At Fair Value Through Profit or Loss [Line Items]
Equity interests of acquirer						$ 7,756,228,581
AMTD Digital [Member] | Class A and Class B Ordinary Shares [Member]
Financial Assets At Fair Value Through Profit or Loss [Line Items]
Equity interests of acquirer			$ 993
Investment A [member]
Financial Assets At Fair Value Through Profit or Loss [Line Items]
Effective interest rate of financial assets reclassified out of financial assets at fair value through profit or loss				2%	2%		2%
Investment H [Member]
Financial Assets At Fair Value Through Profit or Loss [Line Items]
Extinguishment of Debt, Amount	163,180,000
Listed Equity Shares [member]
Financial Assets At Fair Value Through Profit or Loss [Line Items]
Unrealized gain on stock loan		$ 47,378,880
Listed Equity Shares [member] | Stock Loan [member]
Financial Assets At Fair Value Through Profit or Loss [Line Items]
Fair value of listed equity shares	$ 169,583,400	$ 211,331,400

Derivative Financial Assets - A

Derivative Financial Assets - Additional information (Detail)			12 Months Ended
	Jul. 01, 2019 $ / shares	Apr. 01, 2019 $ / shares	Dec. 31, 2022 HKD ($)	Dec. 31, 2022 $ / shares	Dec. 31, 2022 HKD ($) shares	Dec. 31, 2021 HKD ($)	Jun. 26, 2020 $ / shares shares
Disclosure of detailed information about financial instruments [line items]
Market value of derivative contracts pledged | $					$ 3,781,638,616	$ 3,089,570,978
Underlying listed shares
Disclosure of detailed information about financial instruments [line items]
Number of shares of investment, disposed | shares					2,673,000		176,766,469
Number of consideration received from the disposal of investment | shares					15,306,985		618,682,641
Sale of stock per share | $ / shares				$ 3.27			$ 5.5
Bottom of range [member]
Disclosure of detailed information about financial instruments [line items]
Percentage of profit eligible based on market price	25%
Top of range [member]
Disclosure of detailed information about financial instruments [line items]
Percentage of profit eligible based on market price	40%
AMTD Investment Solutions Group And AMTD Strategic Investments [Member]
Disclosure of detailed information about financial instruments [line items]
Number of shares of investment, disposed | shares					2,673,000		176,766,469
Upside Participation And Profit Distribution Amendment Agreement One [Member] | AMTD Investment Solutions Group And AMTD Strategic Investments [Member] | Ariana Capital And Investment [Member]
Disclosure of detailed information about financial instruments [line items]
Percentage of profit eligible based on market price		25%
Upside Participation And Profit Distribution Amendment Agreement Two [Member] | Bottom of range [member]
Disclosure of detailed information about financial instruments [line items]
Underlying, derivative instrument | $ / shares	$ 8.1
Upside Participation And Profit Distribution Amendment Agreement Two [Member] | Top of range [member]
Disclosure of detailed information about financial instruments [line items]
Underlying, derivative instrument | $ / shares	$ 9
Upside Participation And Profit Distribution Amendment Agreement Two [Member] | AMTD Investment Solutions Group And AMTD Strategic Investments [Member] | Ariana Capital And Investment [Member]
Disclosure of detailed information about financial instruments [line items]
Underlying, derivative instrument | $ / shares		$ 8.1
Future Settlement Contract [member]
Disclosure of detailed information about financial instruments [line items]
Fair value of underlying shares | $					$ 553,279,047
Shares entitled to be received at a mutually agreed price as per future settlement contract derivative | $					$ 415,401,202
Gain or loss on derivative financial assets at fair value through profit or loss | $			$ 137,877,845

Derivative Financial Assets - S

Derivative Financial Assets - Summary Of Detailed Information About Financial Instruments (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about financial instruments [line items]
Derivative financial assets	$ 1,443,134,162	$ 969,894,519
Upside Participation and Profit Distribution Agreements [member]
Disclosure of detailed information about financial instruments [line items]
Derivative financial assets	1,305,256,317	969,894,519
Future Settlement Contract [member]
Disclosure of detailed information about financial instruments [line items]
Derivative financial assets	$ 137,877,845	$ 0

Derivative Financial Assets -_2

Derivative Financial Assets - Summary of financial instrument fair value (Detail) - HKD ($)	3 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021
Fair value using valuation technique [member]
Disclosure Of Derivative Financial Instrument Fair Value Change In Profit Or Loss And Other Comprehensive Income [Line Items]
Beginning balance	$ 1,315,842,010	$ 1,248,566,044	$ 1,212,998,518	$ 968,386,750	$ 1,081,207,567	$ 990,853,956	$ 1,022,223,853	$ 1,036,169,019
Changes in fair value	934,937	83,632,460	44,938,920	201,787,611	(111,313,048)	89,306,993	(34,326,652)	(12,266,453)
Partial settlement	(15,306,985)
Realized gain upon disposal	3,786,355
Contract renegotiation	80,156	(16,356,494)	(9,371,394)	42,824,157	(1,507,769)	1,046,618	2,956,755	(1,678,713)
Ending balance	1,305,336,473	1,315,842,010	1,248,566,044	1,212,998,518	968,386,750	1,081,207,567	990,853,956	1,022,223,853
Fair value using valuation technique [member] | Previously Reported [Member]
Disclosure Of Derivative Financial Instrument Fair Value Change In Profit Or Loss And Other Comprehensive Income [Line Items]
Beginning balance	1,332,198,504	1,257,937,438	1,170,174,361	969,894,519	1,080,160,949	987,897,201	1,023,902,566
Ending balance	1,305,256,317	1,332,198,504	1,257,937,438	1,170,174,361	969,894,519	1,080,160,949	987,897,201	1,023,902,566
Day 1 profit or loss [member]
Disclosure Of Derivative Financial Instrument Fair Value Change In Profit Or Loss And Other Comprehensive Income [Line Items]
Beginning balance	16,356,494	9,371,394	(42,824,157)	1,507,769	(1,046,618)	(2,956,755)	1,678,713	(12,266,453)
Recognition of day 1 profit or loss	(16,356,494)	(9,371,394)	42,824,157	(1,507,769)	1,046,618	2,956,755	(1,678,713)	12,266,453
Contract renegotiation	(80,156)	16,356,494	9,371,394	(42,824,157)	1,507,769	(1,046,618)	(2,956,755)	1,678,713
Ending balance	(80,156)	16,356,494	9,371,394	(42,824,157)	1,507,769	(1,046,618)	(2,956,755)	1,678,713
Net carrying amount presented on the statement of financial position [member]
Disclosure Of Derivative Financial Instrument Fair Value Change In Profit Or Loss And Other Comprehensive Income [Line Items]
Beginning balance	1,332,198,504	1,257,937,438	1,170,174,361	969,894,519	1,080,160,949	987,897,201	1,023,902,566	1,023,902,566
Changes in fair value	934,937	83,632,460	44,938,920	201,787,611	(111,313,048)	89,306,993	(34,326,652)	(12,266,453)
Partial settlement	(15,306,985)
Realized gain upon disposal	3,786,355
Recognition of day 1 profit or loss	(16,356,494)	(9,371,394)	42,824,157	(1,507,769)	1,046,618	2,956,755	(1,678,713)	12,266,453
Ending balance	1,305,256,317	1,332,198,504	1,257,937,438	1,170,174,361	969,894,519	1,080,160,949	987,897,201	1,023,902,566
Net carrying amount presented on the statement of financial position [member] | Previously Reported [Member]
Disclosure Of Derivative Financial Instrument Fair Value Change In Profit Or Loss And Other Comprehensive Income [Line Items]
Beginning balance	1,332,198,504	1,257,937,438	1,170,174,361	969,894,519	1,080,160,949	987,897,201	1,023,902,566
Ending balance	1,305,256,317	1,332,198,504	1,257,937,438	1,170,174,361	969,894,519	1,080,160,949	987,897,201	1,023,902,566
Net fair value change on derivative financial instrument presented on the statement of profit or loss and other comprehensive income [member]
Disclosure Of Derivative Financial Instrument Fair Value Change In Profit Or Loss And Other Comprehensive Income [Line Items]
Beginning balance	362,303,985	288,042,919	200,279,842	(54,008,047)	56,258,383	(36,005,365)
Beginning balance				0
Changes in fair value	934,937	83,632,460	44,938,920	201,787,611	(111,313,048)	89,306,993	(34,326,652)	(12,266,453)
Recognition of day 1 profit or loss	(16,356,494)	(9,371,394)	42,824,157	(1,507,769)	1,046,618	2,956,755	(1,678,713)	$ 12,266,453
Ending balance	346,882,428	362,303,985	288,042,919	200,279,842	(54,008,047)	56,258,383	(36,005,365)
Net fair value change on derivative financial instrument presented on the statement of profit or loss and other comprehensive income [member] | Previously Reported [Member]
Disclosure Of Derivative Financial Instrument Fair Value Change In Profit Or Loss And Other Comprehensive Income [Line Items]
Beginning balance	362,303,985	288,042,919	200,279,842	(54,008,047)	56,258,383	(36,005,365)
Ending balance	$ 346,882,428	$ 362,303,985	$ 288,042,919	$ 200,279,842	$ (54,008,047)	$ 56,258,383	$ (36,005,365)

Cash And Bank Balances And Re_3

Cash And Bank Balances And Restricted Cash - Summary of detailed information about cash and bank balances (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Cash and cash equivalents [abstract]
Cash on hand	$ 1,497	$ 595,992
General bank accounts	1,078,409,838	525,610,116
Total cash and bank balances	$ 1,078,411,335	$ 526,206,108

Cash and Bank Balances and Re_4

Cash and Bank Balances and Restricted Cash - Additional Information (Detail)	Dec. 31, 2022 HKD ($)
Cash and cash equivalents [abstract]
Restricted cash and cash equivalents current	$ 3,239,362

Property, Plant and Equipment -

Property, Plant and Equipment - Summary of detailed information about property plant and equipment (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	$ 67,131
Ending balance	90,078	$ 67,131
Carrying amount	90,078	67,131	$ 111,357
Fixtures and fittings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying amount	0	0	376
Computer equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Carrying amount	90,078	67,131	$ 110,981
Cost [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	4,195,458
Additions	12,848
Additions from acquisition of subsidiaries (Note 34)	138,647
Disposal of subsidiaries	(4,195,458)
Exchange realignment	411
Ending balance	151,906	4,195,458
Cost [member] | Fixtures and fittings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	11,090
Additions	0
Additions from acquisition of subsidiaries (Note 34)	0
Disposal of subsidiaries	(11,090)
Exchange realignment	0
Ending balance	0	11,090
Cost [member] | Computer equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	4,184,368
Additions	12,848
Additions from acquisition of subsidiaries (Note 34)	138,647
Disposal of subsidiaries	(4,184,368)
Exchange realignment	411
Ending balance	151,906	4,184,368
Accumulated depreciation [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(4,128,327)	(4,084,101)
Charge for the year	(96,115)	(44,226)
Disposal of subsidiaries	4,162,924
Exchange realignment	(310)
Ending balance	(61,828)	(4,128,327)
Accumulated depreciation [member] | Fixtures and fittings [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(11,090)	(10,714)
Charge for the year	0	(376)
Disposal of subsidiaries	11,090
Exchange realignment	0
Ending balance	0	(11,090)
Accumulated depreciation [member] | Computer equipment [member]
Disclosure of detailed information about property, plant and equipment [line items]
Beginning balance	(4,117,237)	(4,073,387)
Charge for the year	(96,115)	(43,850)
Disposal of subsidiaries	4,151,834
Exchange realignment	(310)
Ending balance	$ (61,828)	$ (4,117,237)

Goodwill - Summary of reconcili

Goodwill - Summary of reconciliation of changes in goodwill (Detail)	12 Months Ended
	Dec. 31, 2022 HKD ($)
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	$ 0
Ending balance	58,675,041
Gross carrying amount [member]
Disclosure of reconciliation of changes in goodwill [line items]
Beginning balance	0
Ending balance	58,675,041
AMTD Digital [Member] | Gross carrying amount [member]
Disclosure of reconciliation of changes in goodwill [line items]
Arising from acquisition of AMTD Digital (Note 34)	$ 58,675,041

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure Of Goodwill [Line Items]
Growth rate used to extrapolate cash flow projections	1.56%
Goodwill	$ 58,675,041	$ 0
Intangible assets other than goodwill	756,131,422	15,171,170
DigitalSolutionsAndServicesIncome [Member]
Disclosure Of Goodwill [Line Items]
Goodwill	58,675,041
Technology-based intangible assets [member]
Disclosure Of Goodwill [Line Items]
Intangible assets other than goodwill	30,606,150	0
Technology-based intangible assets [member] | DigitalSolutionsAndServicesIncome [Member]
Disclosure Of Goodwill [Line Items]
Intangible assets other than goodwill	30,606,150
Brand names [member]
Disclosure Of Goodwill [Line Items]
Intangible assets other than goodwill	721,624,079	$ 0
Brand names [member] | DigitalSolutionsAndServicesIncome [Member]
Disclosure Of Goodwill [Line Items]
Intangible assets other than goodwill	$ 1,271,483
Goodwill [member]
Disclosure Of Goodwill [Line Items]
Number of period of cash flow projection	5 years
Discount rate used in current estimate of value in use	28.03%
Growth rate used to extrapolate cash flow projections	1.50%
Impairment loss	$ 0

Intangible Asset - Additional I

Intangible Asset - Additional Information (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	$ 756,131,422	$ 15,171,170
Explanation of period over which management has projected cash flows	5-year period
Discount rate applied to cash flow projections	18.01%
Growth rate used to extrapolate cash flow projections	1.56%
Later than five years [member]
Disclosure of detailed information about intangible assets [line items]
Explanation of period over which management has projected cash flows	beyond the 5-year period
Brand names [member]
Disclosure of detailed information about intangible assets [line items]
Acquisitions through business combinations, intangible assets and goodwill	$ 720,352,596
Intangible assets other than goodwill	721,624,079	0
Brand names [member] | Fashion And Luxury Media Advertising And Marketing Services Cash Generating Unit [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	726,375,807
Archived Images [Member]
Disclosure of detailed information about intangible assets [line items]
Acquisitions through business combinations, intangible assets and goodwill	3,901,193
Intangible assets other than goodwill	3,901,193	$ 0
Licences [member] | Fashion And Luxury Media Advertising And Marketing Services Cash Generating Unit [Member]
Disclosure of detailed information about intangible assets [line items]
Intangible assets other than goodwill	$ 3,901,193

Intangible Assets - Summary of

Intangible Assets - Summary of intangible assets (Detail)	12 Months Ended
	Dec. 31, 2022 HKD ($)
Disclosure of detailed information about intangible assets [line items]
Net carrying amount as of January 1, 2021 and December 31, 2021	$ 15,171,170
Amortization charge during the year	(5,688,143)
Disposal of subsidiaries	(15,171,170)
Net carrying amount as of December 31, 2022	756,131,422
AMTD Digital [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	37,565,776
L'Officiel [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	724,253,789
Securities Trading Licenses And Trading Right [member]
Disclosure of detailed information about intangible assets [line items]
Net carrying amount as of January 1, 2021 and December 31, 2021	0
Amortization charge during the year	0
Disposal of subsidiaries	(15,171,170)
Net carrying amount as of December 31, 2022	0
Securities Trading Licenses And Trading Right [member] | AMTD Digital [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	0
Securities Trading Licenses And Trading Right [member] | L'Officiel [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	0
Archived Images [member]
Disclosure of detailed information about intangible assets [line items]
Net carrying amount as of January 1, 2021 and December 31, 2021	0
Amortization charge during the year	0
Net carrying amount as of December 31, 2022	3,901,193
Archived Images [member] | AMTD Digital [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	0
Archived Images [member] | L'Officiel [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	3,901,193
Technology-based intangible assets [member]
Disclosure of detailed information about intangible assets [line items]
Net carrying amount as of January 1, 2021 and December 31, 2021	0
Amortization charge during the year	(5,585,050)
Net carrying amount as of December 31, 2022	30,606,150
Technology-based intangible assets [member] | AMTD Digital [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	36,191,200
Technology-based intangible assets [member] | L'Officiel [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	0
Brand names [member]
Disclosure of detailed information about intangible assets [line items]
Net carrying amount as of January 1, 2021 and December 31, 2021	0
Amortization charge during the year	(103,093)
Net carrying amount as of December 31, 2022	721,624,079
Brand names [member] | AMTD Digital [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	1,374,576
Brand names [member] | L'Officiel [member]
Disclosure of detailed information about intangible assets [line items]
Acquired on acquisition of L'Officiel (Note 34(b))	$ 720,352,596

Intangible Assets - Summary O_2

Intangible Assets - Summary Of About Useful Lives Of Intangible Assets (Detail)	12 Months Ended
	Dec. 31, 2022
Developed technology [member]
Disclosure of detailed information about intangible assets [line items]
Description of useful life, intangible assets other than goodwill	7 years
Brand names [member]
Disclosure of detailed information about intangible assets [line items]
Description of useful life, intangible assets other than goodwill	20 years or indefinite useful lives
Archive images [member]
Disclosure of detailed information about intangible assets [line items]
Description of useful life, intangible assets other than goodwill	Indefinite useful lives

Accounts payable - Summary of t

Accounts payable - Summary of trade and other payables (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Trade and other payables [abstract]
Payables to suppliers of fashion and luxury, media advertising and marketing services	$ 76,778,957	$ 0
Clients' monies held on trust (Note 5(c) and Note 15)	0	146,283,760
Others	5,536,216	8,737,158
Accounts payable	$ 82,315,173	$ 155,020,918

Bank Borrowings - Summary of cu

Bank Borrowings - Summary of currency analysis of bank borrowings (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 160,479,101	$ 388,870,500
Hong Kong Dollars [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings	0	116,000,000
United States Dollars [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings	156,309,551	272,870,500
Euro [Member]
Disclosure of detailed information about borrowings [line items]
Borrowings	$ 4,169,550	$ 0

Bank Borrowings - Additional In

Bank Borrowings - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2022 HKD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 EUR (€)	Dec. 31, 2021 HKD ($)	Dec. 31, 2021 USD ($)
Disclosure of detailed information about borrowings [line items]
Borrowings, interest rate	6.30%	6.30%	6.30%	2.10%	2.10%
Borrowings	$ 160,479,101			$ 388,870,500
Banking facilities granted to the Group	160,645,400	$ 20,068,000	€ 500,000	389,815,000	$ 50,000,000
repayable of current unsecured bank borrowings	156,910,059			388,870,500
repayable of Noncurrent unsecured bank borrowings	$ 3,569,042			0
Borrowings, Maturity	more than one year but within 5 years
Not later than one year [member]
Disclosure of detailed information about borrowings [line items]
repayable of current unsecured bank borrowings	$ 156,910,059			388,870,500
Later than one year [member]
Disclosure of detailed information about borrowings [line items]
repayable of Noncurrent unsecured bank borrowings	$ 3,569,042

Other Payables And Accruals - S

Other Payables And Accruals - Summary of detailed information about other payables and accruals (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Disclosure Of Detailed Information About Accrued Expenses And Other Liabilities [Line Items]
Accruals and other payables	$ 114,718,709	$ 91,594,587
Contract liabilities	17,077,186	630,962	$ 47,270,998
Current accrued expenses and other current liabilities	$ 131,795,895	$ 92,225,549

Other Payables And Accruals - A

Other Payables And Accruals - Additional Information (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Disclosure Of Detailed Information About Accrued Expenses And Other Liabilities [Line Items]
Contract liabilities	$ 17,077,186	$ 630,962	$ 47,270,998
Revenue recognized in contract liability	$ 630,962	$ 46,640,036

Provisions - Summary Of Detaile

Provisions - Summary Of Detailed Information About Provisions (Detail) - Claims From Vendors [Member]	12 Months Ended
	Dec. 31, 2022 HKD ($)
Disclosure Of Detailed Information About Provisions [Line Items]
Beginning	$ 0
Additions from acquisition of subsidiaries (Note 34)	32,131,266
Settled during the year	(739,547)
Exchange alignment	414,124
Ending	$ 31,805,843

Deferred Tax Liabilities - Summ

Deferred Tax Liabilities - Summary of Deferred Tax Liabilites (Detail)	12 Months Ended
	Dec. 31, 2022 HKD ($)
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	$ 0
Ending balance	25,785,453
Intangible assets other than goodwill [member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Beginning balance	0
Acquisitions of subsidiaries (note 34)	27,681,459
Deferred tax credit to profit or loss during the year (Note 9)	(1,896,006)
Ending balance	$ 25,785,453

Convertible Bond and Derivati_3

Convertible Bond and Derivative Financial Liability - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 19, 2019 HKD ($)
Summary of convertible bonds [line items]
Convertible bond, maturity date	more than one year but within 5 years
Debt Instrument, conversion price | $ / shares	$ 8.08
Class A Ordinary Shares [Member]
Summary of convertible bonds [line items]
Conversion of debt to ordinary shares | shares	1,856,436
Convertible bonds [member]
Summary of convertible bonds [line items]
Convertible bond, interest rate		2%
Convertible bond, principal amount | $		$ 15,000,000
Convertible bond, maturity date	June 30, 2023
Convertible bond, conversion basis	99.44 American Depositary Shares (“ADSs”) per US$1,000 principal
Convertible bond, conversion price | $ / shares	$ 99.44
Convertible bond, minimum conversion amount | $	$ 10,000,000

Convertible Bond and Derivati_4

Convertible Bond and Derivative Financial Liability - Summary of convertible bonds (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Summary of movement of convertible bond [line items]
Fair value gain recognized in profit or loss	$ 13,347,266	$ 0	$ 7,765,148
Convertible bonds [member] | Liability component [Member]
Summary of movement of convertible bond [line items]
Beginning balance	111,970,384	103,278,429
Interest for the year	430,702	8,085,419
Exchange alignment		606,536
Ending balance	0	111,970,384	103,278,429
Fair value gain recognized in profit or loss	0
Converted into class A shares	(112,401,086)
Convertible bonds [member] | Derivative Financial Liability [Member]
Summary of movement of convertible bond [line items]
Interest for the year	0
Beginning balance	13,752,673	12,954,313
Fair value gain recognized in profit or loss	(13,347,266)
Exchange alignment		798,360
Converted into class A shares	(405,407)
Ending balance	$ 0	$ 13,752,673	$ 12,954,313

Share Capital and Treasury Sh_3

Share Capital and Treasury Shares - Additional Information (Detail)		1 Months Ended	4 Months Ended	12 Months Ended
		Sep. 30, 2021 HKD ($) shares	Apr. 30, 2022 $ / shares shares	Dec. 31, 2022 HKD ($) shares	Dec. 31, 2021 HKD ($) shares	Dec. 31, 2020 shares	Dec. 31, 2022 $ / shares shares	Feb. 28, 2022 HKD ($) shares	Jan. 31, 2022 shares $ / shares	Dec. 31, 2021 $ / shares shares	Dec. 31, 2019 shares
Disclosure of classes of share capital [line items]
Par value per share | $ / shares			$ 4.28						$ 4.28
Proceeds from issue of shares | $				$ 195,265,523
Class B ordinary shares converted into Class A ordinary shares				4,281,379	0	21,243,000
AMTD Digital [member]
Disclosure of classes of share capital [line items]
Consideration of issued shares | $								$ 7,756,228,581
Class B Ordinary Shares [Member]
Disclosure of classes of share capital [line items]
Par value per share | $ / shares							$ 0.0001			$ 0.0001
Number of ordinary shares issued during the period			3,271,028
Proceeds from issue of shares | $		$ 5,000,000,000		$ 2,500,000,000	$ 5,000,000,000
Common stock shares outstanding							233,526,979			183,283,628
Repurchase of ordinary shares		69,144,673		36,923,963	69,144,673
Newly Issued Orinary Shares								51,253,702
Class A ordinary shares [Member]
Disclosure of classes of share capital [line items]
Par value per share | $ / shares							$ 0.0001			$ 0.0001
Number of ordinary shares issued during the period			8,411,215
Common stock shares outstanding						62,327,851	144,077,210			62,327,851	41,084,851
Issue price per share | $ / shares									$ 8.08
Class B ordinary shares converted into Class A ordinary shares				4,281,379
Repurchase of ordinary shares	[1]				0
Number of instruments or interests issued or isuuable									1,856,436
Newly Issued Orinary Shares								67,200,330
[1] On September 30, 2021 and December 31,2022, the Company repurchased and 36,923,963 ,respectively, Details on N

Share Capital and Treasury Sh_4

Share Capital and Treasury Shares - Summary of Reserves Within Equity (Detail) - shares		12 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of reserves within equity [line items]
Conversion of class B ordinary shares to class A ordinary shares		4,281,379	0	21,243,000
Class A ordinary shares [Member]
Disclosure of reserves within equity [line items]
Beginning balance, Number of shares		62,327,851	62,327,851	41,084,851
Convertion of class B ordinary shares to class A ordiniary shares Number of shares				21,243,000
Repurchase of ordinary shares	[1]		0
Issued during the year	[2],[3],[4]	77,467,980
Conversion of class B ordinary shares to class A ordinary shares		4,281,379
Ending balance, Number of shares		144,077,210	62,327,851	62,327,851
Class B ordinary shares excluding treasury shares [Member]
Disclosure of reserves within equity [line items]
Beginning balance, Number of shares		114,138,955	183,283,628	204,526,628
Convertion of class B ordinary shares to class A ordiniary shares Number of shares				(21,243,000)
Repurchase of ordinary shares	[1]	(36,923,963)	(69,144,673)
Issued during the year	[2],[3],[4]	54,524,730
Conversion of class B ordinary shares to class A ordinary shares		(4,281,379)
Ending balance, Number of shares		127,458,343	114,138,955	183,283,628
Class B treasury shares [Member]
Disclosure of reserves within equity [line items]
Beginning balance, Number of shares		69,144,673	0
Repurchase of ordinary shares	[1]	36,923,963	69,144,673
Issued during the year	[2],[3],[4]	0
Ending balance, Number of shares		106,068,636	69,144,673	0
[1] On September 30, 2021 and December 31,2022, the Company repurchased and 36,923,963 ,respectively, Details on N In February 2022, the Company acquired a controlling stake in AMTD Digital by issuing at a consideration of HK$7,756,228,581.

Perpetual Securities - Addition

Perpetual Securities - Additional Information (Detail)		12 Months Ended
	May 14, 2020 HKD ($)	Dec. 31, 2022 HKD ($)	Dec. 31, 2021 HKD ($)	Oct. 27, 2021 HKD ($)	Oct. 27, 2021 SGD ($)	Dec. 31, 2020 HKD ($)	May 14, 2020 USD ($)	May 14, 2020 HKD ($)	May 14, 2020 SGD ($)
Disclosure of classes of share capital [line items]
Exchange of Securities into aggregate amount of Senior perpetual capital securities						$ 382,082,113
Profit attributable to holders of Perpetual Securities		$ 122,971,145	$ 125,742,843
Cash paid to holders of preprtual securities		$ 123,620,489	$ 124,279,754
Perpetual Securities I [member]
Disclosure of classes of share capital [line items]
Debt securities issued							$ 200,000,000	$ 1,550,020,000
Shares Distribution rate							7.25%	7.25%	7.25%
Direct transaction costs attributable to the perpetual securities	$ 4,460,393
Exchange of Securities into aggregate amount of Senior perpetual capital securities							$ 38,920,000	$ 301,633,892
First reset date of perpetual securities issued		May 14, 2023
Initial spread		7.011%
Step up margin to the distribution rate		5%
Perpetual Securities II [member]
Disclosure of classes of share capital [line items]
Debt securities issued								$ 272,890,845	$ 50,000,000
Shares Distribution rate							4.50%	4.50%	4.50%
Direct transaction costs attributable to the perpetual securities	$ 4,460,393
Exchange of Securities into aggregate amount of Senior perpetual capital securities								$ 80,448,221	$ 14,740,000
Optional dedemption date		May 14, 2025
Debt securities redeemed face amount				$ 65,104,192	$ 11,188,000
Percentage of debt securities ,redemption price				75%	75%
Gain loss on debt securities				$ 15,949,627

Notes To The Consolidated Sta_3

Notes To The Consolidated Statements Of Cash Flows - Summary Of Liabilities Arising From Financing Activities (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	$ 514,593,557	$ 348,512,742	$ 434,531,938
Cash flow from financing activities	(239,383,150)	151,263,786	(99,235,169)
Interest expenses	6,729,278	12,825,923	21,510,079
Fair value change	(13,347,266)		(7,765,148)
Conversion of convertible bond	(112,806,493)
Acquisition of subsidiaries	4,589,759
Exchange alignment	103,416	1,991,106	(528,958)
Ending balance	160,479,101	514,593,557	348,512,742
Margin Loans Payable [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance			317,722,438
Cash flow from financing activities			(330,197,734)
Interest expenses			12,475,296
Derivative Financial Liability [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	13,752,673	12,954,313	20,813,810
Fair value change	(13,347,266)		(7,765,148)
Conversion of convertible bond	(405,407)
Exchange alignment		798,360	(94,349)
Ending balance		13,752,673	12,954,313
Convertible Bond [member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	111,970,384	103,278,429	95,995,690
Interest expenses	430,702	8,085,419	7,717,348
Conversion of convertible bond	(112,401,086)
Exchange alignment		606,536	(434,609)
Ending balance		111,970,384	103,278,429
Bank Borrowings [Member]
Disclosure of reconciliation of liabilities arising from financing activities [line items]
Beginning balance	388,870,500	232,280,000
Cash flow from financing activities	(239,383,150)	151,263,786	230,962,565
Interest expenses	6,298,576	4,740,504	1,317,435
Acquisition of subsidiaries	4,589,759
Exchange alignment	103,416	586,210
Ending balance	$ 160,479,101	$ 388,870,500	$ 232,280,000

Notes To The Consolidated Sta_4

Notes To The Consolidated Statements Of Cash Flows - Additional Information (Detail)		1 Months Ended	12 Months Ended
		Sep. 30, 2021 HKD ($) shares	Dec. 31, 2022 HKD ($) shares	Dec. 31, 2021 HKD ($) shares	Dec. 31, 2020 HKD ($)	Dec. 31, 2022 $ / shares shares	Apr. 30, 2022 $ / shares	Jan. 31, 2022 $ / shares	Dec. 31, 2021 $ / shares shares
Notes To The Consolidated Statement Of Cash Flows [Line Items]
Purchasing financial assets				$ 181,633,667	$ 148,671,602
Peoceeds from Disposel of equity linked notes by subsidiary					195,789,033
Gain recognized on investment of equity linked notes				119,113,730	$ 82,948,667
Acquisition of financial assets at fair value through profit or loss				163,180,000
Disposal of financial assets at fair value through profit or loss				$ 196,036,584
Proceeds from issue of shares			$ 195,265,523
Par value per share | $ / shares							$ 4.28	$ 4.28
Consideration Paid Through Transfer Of Listed Equity Investments			$ 196,592,400
Class A ordinary shares [Member]
Notes To The Consolidated Statement Of Cash Flows [Line Items]
Repurchase of ordinary shares | shares	[1]			0
Stock Issued During Period, Shares, Conversion of Convertible Securities | shares			1,856,436
Number of shares issued | shares						144,077,210			62,327,851
Par value per share | $ / shares						$ 0.0001			$ 0.0001
Class B Ordinary Shares [Member]
Notes To The Consolidated Statement Of Cash Flows [Line Items]
Repurchase of ordinary shares | shares		69,144,673	36,923,963	69,144,673
Proceeds from issue of shares		$ 5,000,000,000	$ 2,500,000,000	$ 5,000,000,000
Number of shares issued | shares						233,526,979			183,283,628
Par value per share | $ / shares						$ 0.0001			$ 0.0001
Fellow Subsidiaries [Member]
Notes To The Consolidated Statement Of Cash Flows [Line Items]
Gain recognized on investment of equity linked notes			$ 5,998,446	$ 5,998,446
Private Investor [Member]
Notes To The Consolidated Statement Of Cash Flows [Line Items]
Number of shares issued | shares						5,852,805
Par value per share | $ / shares						$ 4.28
[1] On September 30, 2021 and December 31,2022, the Company repurchased and 36,923,963 ,respectively, Details on N

Related Party Transactions - Su

Related Party Transactions - Summary of Detailed Information About Additional Information of Transactions With Related Parties (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of transactions between related parties [line items]
Revenue from rendering of services, related party transactions	$ 9,020,655	$ 105,448,459	$ 128,419,020
Interest income from immediate holding company	75,991,943	116,028,045	101,159,079
Consideration received for disposal of investments to a related party controlled by a director of the Company			972,215,580
Consideration received for settlement of derivatives contracts with a related party controlled by a director of the Company			618,682,641
AMTD Digital [Member]
Disclosure of transactions between related parties [line items]
Acquisition of AMTD Digital from immediate holding company and fellow subsidiaries	5,793,768,692
Immediate holding company [Member]
Disclosure of transactions between related parties [line items]
Staff costs	31,986,661	22,081,545	20,156,843
Premises cost	11,507,635	13,964,993	14,010,263
Total of recharge from immediate holding company	43,494,296	36,046,538	34,167,106
Treasury shares repurchased from immediate holding company	2,500,000,000	5,000,000,000
Former Fellow Subsidiary [Member]
Disclosure of transactions between related parties [line items]
Revenue from rendering of services, related party transactions		104,300,690
Related Party [Member]
Disclosure of transactions between related parties [line items]
Net changes in fair value on derivative financial asset entered into with a related party controlled by a director of the Company			321,797,949
Financial Advisory Service [Member] | Fellow Subsidiaries [Member]
Disclosure of transactions between related parties [line items]
Revenue from rendering of services, related party transactions	20,655	1,147,769	30,233,187
Financial Advisory Service [Member] | Related Company [Member]
Disclosure of transactions between related parties [line items]
Revenue from rendering of services, related party transactions	9,000,000		98,185,833
Management Fee Income [Member] | Immediate holding company [Member]
Disclosure of transactions between related parties [line items]
Management fee paid to immediate holding company	137,500	150,000	150,000
Investment Advisory Fee [Member] | Fellow Subsidiaries [Member]
Disclosure of transactions between related parties [line items]
Services received, related party transactions	165,000	180,000	180,000
Insurance Commission [Member] | Immediate holding company [Member]
Disclosure of transactions between related parties [line items]
Services received, related party transactions	31,531
Insurance Commission [Member] | Fellow Subsidiaries [Member]
Disclosure of transactions between related parties [line items]
Services received, related party transactions	1,662	58,228	105,251
Acquisition of Investment [Member] | Immediate holding company [Member]
Disclosure of transactions between related parties [line items]
Acquisition of investments from immediate holding company		163,180,000	556,161,528
Acquisition of Investment [Member] | Fellow Subsidiaries [Member]
Disclosure of transactions between related parties [line items]
Acquisition of investments from a fellow subsidiary		11,545,800	148,671,602
Administrative Service Fees [Member] | Immediate holding company [Member]
Disclosure of transactions between related parties [line items]
Administrative service fee paid to immediate holding company	29,500,000	24,000,000	24,000,000
Interest income [Member] | Immediate holding company [Member]
Disclosure of transactions between related parties [line items]
Interest income from immediate holding company	75,991,943	116,028,045	$ 101,159,079
Disposal of Investments [Member] | Former Fellow Subsidiary [Member]
Disclosure of transactions between related parties [line items]
Disposal of an investment to a related company		196,036,584
Stock Loan Interest Income [Member] | Former Fellow Subsidiary [Member]
Disclosure of transactions between related parties [line items]
Stock lending interest income from a former fellow subsidiary		34,740
Perpetual Securities Redeemed [Member] | Fellow Subsidiaries [Member]
Disclosure of transactions between related parties [line items]
Perpetual securities redeemed from a related company		4,648,331
Perpetual Securities Redeemed [Member] | Former Fellow Subsidiary [Member]
Disclosure of transactions between related parties [line items]
Perpetual securities redeemed from a related company		$ 35,719,218
Digital Solutions and Other Services Income [Member] | Immediate holding company [Member]
Disclosure of transactions between related parties [line items]
Services received, related party transactions	12,466,667
Fashion and luxury media advertising and marketing services [Member] | Immediate holding company [Member]
Disclosure of transactions between related parties [line items]
Revenue from rendering of services, related party transactions	$ 22,616,160

Related Party Transactions - _2

Related Party Transactions - Summary of Detailed Information About Additional Information of Transactions With Related Parties (Parenthetical) (Detail) $ in Millions	1 Months Ended	6 Months Ended	12 Months Ended
	Jul. 31, 2022 HKD ($)	Jun. 30, 2022 HKD ($)	Dec. 31, 2022 HKD ($)	Dec. 31, 2021 HKD ($)	Dec. 31, 2020 HKD ($)	Dec. 31, 2022 USD ($)
Disclosure of transactions between related parties [line items]
Settlements, fair value measurement, assets				$ 119,113,730	$ 82,948,667
Consideration Paid						$ 993
Receivables Due From Immediate Holding Company			$ 2,239,358,702	2,144,975,230
Receivables Due From Fellow Subsidiaries			0
Provision For Credit Losses On Amounts Receivable Due From Immediate Holding Company			$ 0	$ 0	$ 0
AMTD Digital [Member]
Disclosure of transactions between related parties [line items]
Percentage of acquisition of ordinary shares			82.70%			82.70%
AMTD Digital Inc [Member]
Disclosure of transactions between related parties [line items]
Percentage of ownership interest in subsidiary					14.37%
AMTD Assets Alpha Group [Member]
Disclosure of transactions between related parties [line items]
Percentage of ownership interest in subsidiary				19.90%
Fellow Subsidiaries [Member]
Disclosure of transactions between related parties [line items]
Settlements, fair value measurement, assets			$ 5,998,446	$ 5,998,446
Immediate holding company [Member]
Disclosure of transactions between related parties [line items]
Fixed Service Fee Expense	$ 9,000,000	$ 6,000,000
Percentage Of Interest Income Charged On Outstanding Amount Due			2%

Related Party Transactions - _3

Related Party Transactions - Summary of Detailed Information About Compensation Of Key Management Personnel (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure Of Detailed Information About Compensation Of Key Management Personnel [Line Items]
Short-term employee benefits	$ 33,320,024	$ 22,426,846	$ 32,692,568
Other long-term benefit	99,750	55,200	54,745
Total benefits	$ 33,419,774	$ 22,482,046	$ 32,747,313

Financial Instruments By Cate_3

Financial Instruments By Category - Summary of Financial Assets (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial assets [line items]
Accounts receivable	$ 187,673,616	$ 86,514,680
Financial assets included in prepayments, deposits and other receivables	954,518,603	1,196,110
Due from immediate holding company	2,239,358,702	2,144,975,230
Financial assets at fair value through profit or loss	1,523,195,334	2,786,027,085
Derivative financial assets	1,443,134,162	969,894,519
Other assets	9,620,468	136,065,738
Restricted cash	3,239,362	0
Cash and bank balances	1,078,411,335	526,206,108	$ 453,966,764	$ 766,430,471
Financial assets	2,966,329,496	3,755,921,604
Financial Assets By Category [member]
Disclosure of financial assets [line items]
Financial assets	7,439,151,582	6,650,879,470
Financial assets at fair value through profit or loss mandatorily measured at fair value category [member]
Disclosure of financial assets [line items]
Financial assets at fair value through profit or loss	1,523,195,334	2,786,027,085
Derivative financial assets	1,443,134,162	969,894,519
Financial assets	2,966,329,496	3,755,921,604
Financial assets at amortized cost, category [member]
Disclosure of financial assets [line items]
Accounts receivable	187,673,616	86,514,680
Financial assets included in prepayments, deposits and other receivables	954,518,603	1,196,110
Due from immediate holding company	2,239,358,702	2,144,975,230
Other assets	9,620,468	136,065,738
Restricted cash	3,239,362
Cash and bank balances	1,078,411,335	526,206,108
Financial assets	$ 4,472,822,086	$ 2,894,957,866

Financial Instruments By Cate_4

Financial Instruments By Category - Summary of Financial Liabilities (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure of financial liabilities [line items]
Accounts payable	$ 82,315,173	$ 155,020,918
Financial liabilities included in other payables and accruals	102,788,191	72,107,680
Bank borrowings	160,479,101	388,870,500
Derivative financial liability		13,752,673
Convertible bond		111,970,384
Financial liabilities	345,582,465	741,722,155
Financial liabilities at amortized cost [Member]
Disclosure of financial liabilities [line items]
Accounts payable	82,315,173	155,020,918
Financial liabilities included in other payables and accruals	102,788,191	72,107,680
Bank borrowings	160,479,101	388,870,500
Convertible bond		111,970,384
Financial liabilities	345,582,465	727,969,482
Financial liabilities at fair value through profit or loss, category [member]
Disclosure of financial liabilities [line items]
Derivative financial liability		13,752,673
Financial liabilities	$ 0	$ 13,752,673

Fair value and fair value hie_3

Fair value and fair value hierarchy of financial instruments - Schedule of carrying amount and fair value of the financial instruments (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Categories of financial assets [abstract]
Financial assets at fair value through profit or loss	$ 1,523,195,334	$ 2,786,027,085
Derivative financial assets	1,443,134,162	969,894,519
Financial assets	1,523,195,334	2,786,027,085
Carrying amounts [member]
Categories of financial assets [abstract]
Financial assets	2,966,329,496	3,755,921,604
Categories of financial liabilities [abstract]
Derivative financial liability	0	13,752,673
Carrying amounts [member] | Financial assets at fair value through profit or loss, category [member]
Categories of financial assets [abstract]
Financial assets at fair value through profit or loss	1,523,195,334	2,786,027,085
Carrying amounts [member] | Derivative financial Asset [member]
Categories of financial assets [abstract]
Derivative financial assets	1,443,134,162	969,894,519
Fair values [member]
Categories of financial assets [abstract]
Financial assets	2,966,409,652	3,754,413,835
Categories of financial liabilities [abstract]
Derivative financial liability	0	13,752,673
Fair values [member] | Financial assets at fair value through profit or loss, category [member]
Categories of financial assets [abstract]
Financial assets at fair value through profit or loss	1,523,195,334	2,786,027,085
Fair values [member] | Derivative financial Asset [member]
Categories of financial assets [abstract]
Derivative financial assets	$ 1,443,214,318	$ 968,386,750

Fair value and fair value hie_4

Fair value and fair value hierarchy of financial instruments - Summary of Significant Unobservable Inputs to Valuation of Financial Instruments (Detail)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Unlisted Equity Investment Investment D
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Valuation Technique		Multiple/EVA
Significant Unobservable input		Equity volatility
Range		75.29%
Sensitivity of Value to the input		5% increase/decrease in volatility results in decrease/increase in fair value by 0%/ 0%
Unlisted Equity Investment Investment E
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Valuation Technique		Multiple/EVA
Significant Unobservable input		Equity volatility
Range		48.52%
Sensitivity of Value to the input		5% increase/decrease in volatility results in decrease/increase in fair value by 1.3%/1.3%
Unlisted Equity Investment Investment H
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Valuation Technique	Net asset value method	Net asset value method
Significant Unobservable input	Net asset value	Net asset value
Sensitivity of Value to the input	5% increase/decrease in net asset value results in increase/decrease in fair value by 5.0%/5.0%	5% increase/decrease in net asset value results in increase/decrease in fair value by 5.0%/5.0%
Unlisted Equity Investment Investment I
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Valuation Technique	Multiple/EVA
Significant Unobservable input	Equity volatility
Range	69.60%
Sensitivity of Value to the input	5% increase/decrease in volatility results in decrease/increase in fair value by 0.0%/0.0%
Derivative financial liability
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Valuation Technique		Binomial option pricing model
Significant Unobservable input		Volatility
Range		46.21%
Sensitivity of Value to the input		5% increase/decrease in volatility results in increase/decrease in fair value by 0.07%/0.13%
Movie income right investments
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Valuation Technique	Income approach
Significant Unobservable input	Discount rate
Sensitivity of Value to the input	5% increase/decrease in the discount rate results in decrease/increase in fair value by 5.0%/5.0%
Derivative financial assets in relation to the Agreements
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Valuation Technique	MCS	MCS
Significant Unobservable input	Volatility of Underlying Assets	Volatility of Underlying Assets
Range	49.78%	35.95%
Sensitivity of Value to the input	5% increase/decrease in volatility results in increase/decrease in fair value by 0.1%/0.1%	5% increase/decrease in volatility results in increase/decrease in fair value by 0.06%
Bottom of range [member] | Movie income right investments
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Range	10.40%
Top of range [member] | Movie income right investments
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Range	12.59%
Average PE multiple of peers [Member] | Unlisted Equity Investment Investment F
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Valuation Technique		Multiple/EVA
Significant Unobservable input		Average P/E multiple of peers
Range		61.29%
Sensitivity of Value to the input		5% increase/decrease in P/E multiple results in increase/decrease in fair value by 5.0%/5.0%
Discount Rate [Member] | Derivative financial liability
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Significant Unobservable input		Discount rate
Range		12.52%
Sensitivity of Value to the input		5% increase/decrease in discount rate results in decrease/increase in fair value by 0.70%/0.71%
Median Forward PE Multiple Of Peers [Member] | Unlisted Equity Investment Investment D
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Significant Unobservable input		Median Forward P/E multiple of peers
Range		2.10%
Sensitivity of Value to the input		5% increase/decrease in P/E multiple results in increase/decrease in fair value by 0%/1.9%
Median Forward PE Multiple Of Peers [Member] | Unlisted Equity Investment Investment E
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Significant Unobservable input		Median Forward P/E multiple of peers
Range		18.97%
Sensitivity of Value to the input		5% increase/decrease in P/E multiple results in increase/decrease in fair value by 4.2%/4.3%
Discount of lack of marketability [Member] | Unlisted Equity Investment Investment F
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets [line items]
Significant Unobservable input		Discount of lack of marketability
Range		45%
Sensitivity of Value to the input		5% increase/decrease in discount of lack of marketability results in decrease/increase in fair value by 4.1%/4.1%

Fair value and fair value hie_5

Fair value and fair value hierarchy of financial instruments - Disclosure of Fair Value Measurement of Assets Explanatory (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Financial assets at fair value through profit or loss	$ 1,523,195,334	$ 2,786,027,085
Derivative financial assets	1,443,134,162	969,894,519
Financial assets	2,966,329,496	3,755,921,604
Quoted prices in active markets (Level 1)
Disclosure of detailed information about financial instruments [line items]
Financial assets at fair value through profit or loss	861,455,286	1,055,407,260
Derivative financial assets	0	0
Financial assets	861,455,286	1,055,407,260
Observable inputs (Level 2)
Disclosure of detailed information about financial instruments [line items]
Financial assets at fair value through profit or loss	33,804,838	21,525,064
Derivative financial assets	137,877,845	0
Financial assets	171,682,683	21,525,064
Significant unobservable inputs (Level 3)
Disclosure of detailed information about financial instruments [line items]
Financial assets at fair value through profit or loss	627,935,210	1,709,094,761
Derivative financial assets	1,305,256,317	969,894,519	$ 1,023,902,566
Financial assets	$ 1,933,191,527	$ 2,678,989,280

Fair Value and Fair Value Hie_6

Fair Value and Fair Value Hierarchy of Financial Instruments - Disclosure of Fair Value Measurement of Liabilities Explanatory (Detail) - Liability measured at fair value [Member]	Dec. 31, 2021 HKD ($)
Disclosure of fair value measurement of liabilities [line items]
Derivative financial instrument	$ 13,752,673
Level 1 [member]
Disclosure of fair value measurement of liabilities [line items]
Derivative financial instrument	0
Level 2 [member]
Disclosure of fair value measurement of liabilities [line items]
Derivative financial instrument	0
Level 3 [member]
Disclosure of fair value measurement of liabilities [line items]
Derivative financial instrument	$ 13,752,673

Fair value and fair value hie_7

Fair value and fair value hierarchy of financial instruments - Schedule of detailed information about in fair value measurement Level 3 (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Financial assets at fair value through profit or loss:
Balance	$ 2,786,027,085
Balance	1,523,195,334	$ 2,786,027,085
Derivative financial asset (Note 14):
Balance	969,894,519
Balance	1,443,134,162	969,894,519
Derivative financial liability (Note 23):
Net fair value changes recognized in profit or loss	(13,347,266)	0	$ (7,765,148)
Financial liabilities at fair value through profit or loss—Held for trading [Member]
Derivative financial liability (Note 23):
Beginning balance	13,752,673	12,954,313
Net fair value changes recognized in profit or loss	(13,347,266)	798,360
Converted into class A shares	(405,407)
Ending balance	0	13,752,673	12,954,313
Level 3 [member]
Financial assets at fair value through profit or loss:
Balance	1,709,094,761	299,855,685	322,697,916
Addition	169,303,189	163,180,000	0
Disposal	(354,050,259)	(196,036,584)	0
Transfer	11,630,000	1,120,244,487	0
Derecognition (Note 34(a))	(1,271,643,878)	0	0
Receipt of investment return	(20,899,338)	0	0
Total (losses) gains in profit or loss	384,500,735	321,851,173	(22,842,231)
Balance	627,935,210	1,709,094,761	299,855,685
Derivative financial asset (Note 14):
Balance	969,894,519	1,023,902,566
Recognition of day 1 profit or loss deferred on inception of contract, renegotiation and extension	15,588,500	14,591,113
Net fair value gains recognized in profit or loss	331,293,928	(68,599,160)
Gain related to disposed investment	3,786,355	0
Partial settlement	(15,306,985)	0
Balance	$ 1,305,256,317	$ 969,894,519	$ 1,023,902,566

Fair value and fair value hie_8

Fair value and fair value hierarchy of financial instruments - Additional information (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of detailed information about financial instruments [line items]
Transfer between levels during period	$ 0	$ 0
Financial assets at fair value through profit or loss, category [member] | Level 3 of fair value hierarchy [member]
Disclosure of detailed information about financial instruments [line items]
Unrealized gain (loss)	216,520,744	$ 321,851,173	$ 22,842,231
Gain from disposal of financial assets	$ 168,063,704

Financial risk management obj_3

Financial risk management objectives and policies - Disclosure of financial assets that are either past due or impaired (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Disclosure of financial assets that are either past due or impaired [line items]
Accounts receivable	$ 187,673,616	$ 86,514,680
Financial assets included in prepayments, deposits and other receivables	968,662,540	21,916,382
Cash and bank balances	1,078,411,335	526,206,108	$ 453,966,764	$ 766,430,471
Financial assets at amortised cost	4,472,822,086	2,894,957,866
Restricted cash	3,239,362	0
Normal [member]
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets included in prepayments, deposits and other receivables	954,518,603	1,196,110
Due from immediate holding company	2,239,358,702	2,144,975,230
Not yet past due [member]
Disclosure of financial assets that are either past due or impaired [line items]
Bank balances-segregated accounts	9,620,468	136,065,738
Cash and bank balances	1,078,411,335	526,206,108
Restricted cash	3,239,362
12-month expected credit losses [member] | Stage 1 [member]
Disclosure of financial assets that are either past due or impaired [line items]
Accounts receivable		21,545,865
Financial assets at amortised cost	4,285,148,470	2,829,989,051
12-month expected credit losses [member] | Stage 1 [member] | Normal [member]
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets included in prepayments, deposits and other receivables	954,518,603	1,196,110
Due from immediate holding company	2,239,358,702	2,144,975,230
12-month expected credit losses [member] | Stage 1 [member] | Not yet past due [member]
Disclosure of financial assets that are either past due or impaired [line items]
Bank balances-segregated accounts	9,620,468	136,065,738
Cash and bank balances	1,078,411,335	526,206,108
Restricted cash	3,239,362
Lifetime expected credit losses [member]
Disclosure of financial assets that are either past due or impaired [line items]
Accounts receivable	187,673,616	86,514,680
Lifetime expected credit losses [member] | Simplified approach [member]
Disclosure of financial assets that are either past due or impaired [line items]
Accounts receivable	187,673,616	64,968,815
Financial assets at amortised cost	$ 187,673,616	$ 64,968,815

Financial risk management obj_4

Financial risk management objectives and policies - Disclosure of maturity analysis for non-derivative financial liabilities (Detail) - HKD ($)	Dec. 31, 2022	Dec. 31, 2021
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Accounts payable	$ 82,315,173	$ 155,020,918
Bank borrowings	162,248,311	393,558,087
Financial liabilities included in other payables and accruals	102,788,191	72,107,680
Convertible bonds		125,319,026
Non-derivative financial liabilities, undiscounted cash flows	$ 347,351,675	$ 746,005,711
Weighted average interest rate	6.30%	2.10%
Convertible Bond [Member]
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Weighted average interest rate		7.80%
Bank borrowings [Member]
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Weighted average interest rate	6.30%	2.10%
On demand or less than 3 months [member]
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Accounts payable	$ 82,315,173	$ 155,020,918
Bank borrowings	158,011,249	390,926,836
Financial liabilities included in other payables and accruals	102,788,191	72,107,680
Non-derivative financial liabilities, undiscounted cash flows	343,114,613	618,055,434
3 months to 1 year [member]
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Bank borrowings	622,237	2,631,251
Non-derivative financial liabilities, undiscounted cash flows	622,237	2,631,251
1 to 5 years [member]
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Bank borrowings	3,614,825
Convertible bonds		125,319,026
Non-derivative financial liabilities, undiscounted cash flows	$ 3,614,825	$ 125,319,026

Financial risk management obj_5

Financial risk management objectives and policies - Additional Information (Detail) - HKD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disclosure of financial assets that are either past due or impaired [line items]
Profit Loss Before Tax	$ 1,361,698,473	$ 1,331,176,555	$ 1,001,420,217
Derivative financial instrument charged to profit or loss	484,760,273	54,008,047
Ariana Capital Investment Limited [member] | Derivative Financial Assets [member]
Disclosure of financial assets that are either past due or impaired [line items]
Credit risk exposure of derivative financial instruments	$ 1,305,256,317	$ 969,894,519
Investment F [member] | Unlisted Equity Shares And Unlisted Debt Securities [Member]
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	0%	65%
Investment H [Member] | Unlisted Equity Shares And Unlisted Debt Securities [Member]
Disclosure of financial assets that are either past due or impaired [line items]
Concentration risk percentage	97%	28%
Listed Equity Shares [Member] | Bank of Qingdao Co Ltd [member]
Disclosure of financial assets that are either past due or impaired [line items]
Stock Loan Percent	81%	100%
Price Risk [member]
Disclosure of financial assets that are either past due or impaired [line items]
Percentage Of Increase Decrease In Market Value Of Financial Assets At FVTPL	5%	5%
Profit Loss Before Tax	$ 43,073,000	$ 52,770,000
Price Risk [member] | Unlisted Equity Shares And Unlisted Debt Securities [Member]
Disclosure of financial assets that are either past due or impaired [line items]
Percentage Of Increase Decrease In Market Value Of Financial Assets At FVTPL	5%	5%
Profit Loss Before Tax	$ 27,922,000	$ 86,531,000
Credit risk [member]
Disclosure of financial assets that are either past due or impaired [line items]
Fair value of securities pledged	$ 3,781,638,616	$ 3,089,570,978

Share Based Compensation - Addi

Share Based Compensation - Additional Information (Detail)			12 Months Ended
	Jul. 31, 2021 shares	Aug. 03, 2020 shares	Dec. 31, 2022 HKD ($) shares	Dec. 31, 2021 shares
Share Incentive Two Thousand And Nineteen Plan [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued			20,000,000
Restricted Share Units [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Weighted average fair value at measurement date, other equity instruments granted | $			$ 5,743,340
RSUs were vested			5,847
Class A Ordinary Shares [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares issued			144,077,210	62,327,851
AMTD Digital [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Share based payment arrangement vesting period		vesting period of 3 years
Share-based payment expense | $			$ 1,595,372
Unrecognized compensation cost related | $			$ 1,788,809
Weighted average vesting period			1 year 1 month 6 days
AMTD Digital [Member] | Restricted Share Units [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments granted	17,540
AMTD Digital [Member] | Class A Ordinary Shares [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments granted		38,710
2019 [member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Percent of automatic increase of shares on total issued and outstanding share capital			10%
Percent of additional automatic increase of shares on total issued and outstanding share capital			1%

Acquisitions of Subsidiaries -

Acquisitions of Subsidiaries - Additional Information (Detail) $ / shares in Units, $ in Millions	1 Months Ended	8 Months Ended	10 Months Ended	12 Months Ended
	Apr. 30, 2022 HKD ($)	Dec. 31, 2022 HKD ($)	Dec. 31, 2022 HKD ($)	Dec. 31, 2022 HKD ($)	Feb. 28, 2022 HKD ($)	Feb. 28, 2022 USD ($) $ / shares	Dec. 31, 2021 HKD ($)
Disclosure of detailed information about business combination [line items]
Capital reserve		$ 7,734,456,434	$ 7,734,456,434	$ 7,734,456,434			$ 4,551,183,728
Gain on bargain purchase				$ 37,966,405
AMTD Digital [Member]
Disclosure of detailed information about business combination [line items]
Percentage of voting equity interests acquired		97.10%	97.10%	97.10%	82.70%	82.70%
Consideration transferred, acquisition-date fair value					$ 9,027,872,459	$ 993
Share Price | $ / shares						$ 8.38
Capital reserve					6,049,000,000
Revenue of acquiree since acquisition date			$ 298,000,000
Profit (loss) of acquiree since acquisition date			$ 250,500,000
Revenue of combined entity				$ 1,252,400,000
Profit loss of combined entity				1,130,800,000
Accounts receivable recognised as of acquisition date					$ 58,752,389
Acquisition related cost recognized as expense				0
Percentage of owned issued and outstanding shares					14.40%	14.40%
L'Officiel [member]
Disclosure of detailed information about business combination [line items]
Percentage of voting equity interests acquired	100%
Consideration transferred, acquisition-date fair value	$ 492,824,872
Revenue of acquiree since acquisition date		$ 59,700,000
Profit (loss) of acquiree since acquisition date		$ 21,300,000
Revenue of combined entity				1,391,100,000
Profit loss of combined entity				1,269,400,000
Accounts receivable recognised as of acquisition date	14,555,302
Other receivable recognised as of acquisition date	19,557,396
Gain on bargain purchase	$ 37,966,405
Acquisition related cost recognized as expense				$ 0

Acquisitions of Subsidiaries _2

Acquisitions of Subsidiaries - Summary of consideration transferred (Detail) $ in Millions	Apr. 30, 2022 HKD ($)	Feb. 28, 2022 USD ($)	Feb. 28, 2022 HKD ($)
AMTD Digital [Member]
Disclosure of detailed information about business combination [line items]
Fair value of previously held equity interest			$ 1,271,643,878
Ordinary shares of the Company			7,756,228,581
Cash transferred		$ 993	$ 9,027,872,459
L'Officiel [member]
Disclosure of detailed information about business combination [line items]
Cash transferred	$ 492,824,872

Acquisitions of Subsidiaries _3

Acquisitions of Subsidiaries - Summary of assets acquired and liabilities recognized (Detail) - HKD ($)	Dec. 31, 2022	Apr. 30, 2022	Feb. 28, 2022
AMTD Digital [Member]
Disclosure of detailed information about business combination [line items]
Intangible assets			$ 37,565,776
Goodwill			58,675,041
Property, plant and equipment			138,647
Other assets			13,695,802
Cash and bank balances			101,977,036
Accounts receivables			58,752,389
Prepayments, deposits and other receivables			278,018,221
Due from immediate holding company			2,484,684,809
Financial assets at fair value through profit or loss			165,643,411
Accounts payable			(8,739,902)
Other payables and accruals			(67,568,783)
Tax payable			(28,213,719)
Deferred tax liabilities			(5,953,845)
Total identifiable net assets			$ 3,088,674,883
L'Officiel [member]
Disclosure of detailed information about business combination [line items]
Intangible assets		$ 724,253,789
Restricted cash	$ 3,746,823
Cash and bank balances		1,935,822
Accounts receivables		14,555,302
Prepayments, deposits and other receivables		21,537,765
Accounts payable		(90,183,339)
Other payables and accruals		(86,606,246)
Provisions		(32,131,266)
Bank borrowings		(4,589,759)
Deferred tax liabilities		(21,727,614)
Total identifiable net assets		$ 530,791,277

Acquisitions of Subsidiaries _4

Acquisitions of Subsidiaries - Summary of reserve or gain arising on acquisition (Detail) $ in Millions	1 Months Ended	12 Months Ended
	Apr. 30, 2022 HKD ($)	Dec. 31, 2022 HKD ($)	Feb. 28, 2022 HKD ($)	Feb. 28, 2022 USD ($)
Disclosure of detailed information about business combination [line items]
Total		$ 37,966,405
AMTD Digital [Member]
Disclosure of detailed information about business combination [line items]
Consideration transferred			$ 9,027,872,459	$ 993
Non-controlling interests			89,294,338
Non-controlling interests of AMTD Digital			20,848,000
Recognized amounts of net assets acquired			3,088,674,883
Total			$ 6,049,339,914
L'Officiel [member]
Disclosure of detailed information about business combination [line items]
Consideration transferred	$ 492,824,872
Recognized amounts of net assets acquired	530,791,277
Total	$ 37,966,405

Acquisitions of Subsidiaries _5

Acquisitions of Subsidiaries - Summary of reserve or gain arising on acquisition (Parenthetical) (Detail)	Feb. 28, 2022
AMTD Digital [Member]
Disclosure of detailed information about business combination [line items]
Percentage of non controlling interest recognized at acquisition date	2.91%

Acquisitions of Subsidiaries _6

Acquisitions of Subsidiaries - Summary of net cash inflow on acquisition (Detail) - HKD ($)	Apr. 30, 2022	Feb. 28, 2022
AMTD Digital [Member]
Disclosure of detailed information about business combination [line items]
Cash consideration paid		$ 0
Cash and cash equivalent balances acquired		101,977,036
Net cash transferred on acquisition		$ 101,977,036
L'Officiel [member]
Disclosure of detailed information about business combination [line items]
Cash consideration paid	$ 0
Cash and cash equivalent balances acquired	1,935,822
Net cash transferred on acquisition	$ 1,935,822

Subsequent event - Additional I

Subsequent event - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Apr. 19, 2023	Feb. 28, 2023	Dec. 31, 2022
Disclosure of non-adjusting events after reporting period [line items]
Consideration paid			$ 993
Major ordinary share transactions [member]
Disclosure of non-adjusting events after reporting period [line items]
Consideration paid		$ 268
Share per price		$ 8.68
Major ordinary share transactions [member] | AMTD Assets Group [member]
Disclosure of non-adjusting events after reporting period [line items]
Consideration transferred, acquisition-date fair value		$ 500
Percentage of equity transferred		100%
Class A Ordinary Shares [Member] | Major ordinary share transactions [member]
Disclosure of non-adjusting events after reporting period [line items]
Newly issued ordinary shares	90,000,000
Proceeds from issuing shares	$ 93.6
Class B Ordinary Shares [Member] | Major ordinary share transactions [member]
Disclosure of non-adjusting events after reporting period [line items]
Newly issued ordinary shares		30,875,576

Approval of Consolidated Fina_2

Approval of Consolidated Financial Statements - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2022
Disclosure of non-adjusting events after reporting period [abstract]
Date of approval of financial statements	Apr. 21, 2023