AMTD IDEA (AMTD) 20-F13 May 242023 FY Annual report (foreign)Financial data

Company Profile

Cover Page

Cover Page	12 Months Ended
Cover Page	Dec. 31, 2023 shares
Document Information [Line Items]
Document Period End Date	Dec. 31, 2023
Document Type	20-F
Amendment Flag	false
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Registrant Name	AMTD IDEA GROUP
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
Entity Well-known Seasoned Issuer	No
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001769731
Entity File Number	001-39006
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	66 rue Jean-Jacques Rousseau
Entity Address, City or Town	Paris
Entity Address, Country	FR
Entity Address, Postal Zip Code	75001
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Accounting Standard	U.S. GAAP
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
Document Shell Company Report	false
ICFR Auditor Attestation Flag	false
Auditor Name	AUDIT ALLIANCE LLP
Auditor Firm ID	3487
Auditor Location	Singapore
Document Financial Statement Error Correction [Flag]	false
Business Contact [Member]
Document Information [Line Items]
Entity Address, Address Line One	66 rue Jean-Jacques Rousseau
Entity Address, City or Town	Paris
Entity Address, Country	FR
Entity Address, Postal Zip Code	75001
City Area Code	+33 (0)
Local Phone Number	1 4236 4597
Contact Personnel Name	Feridun Hamdullahpur
ADR [Member]
Document Information [Line Items]
Security Exchange Name	NYSE
Trading Symbol	AMTD
Title of 12(g) Security	American depositary shares, each representing six Class A ordinary shares, par value US$0.0001 per share
Class A Ordinary Shares [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	242,765,736
Security Exchange Name	NYSE
No Trading Symbol Flag	true
Title of 12(g) Security	Class A ordinary shares, par value US$0.0001 per share
Class B Ordinary Shares [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding	233,526,979

Consolidated Statements of Prof

Consolidated Statements of Profit or Loss and Other Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUE
Capital market solutions services income (including income generated from related parties of US$13,565, US$1,152 and nil for the years ended December 31, 2021, 2022 and 2023, respectively)	$ 0	$ 74,305	$ 87,535
Digital solutions and other services income (including income generated from related parties of nil, US$1,596 and US$ 2,554 for the years ended December 31, 2021, 2022 and 2023, respectively)	13,469	23,440	0
Fashion, arts and luxury media advertising and marketing services income (including income generated from related parties of nil, US$2,888 and US$2,726 for the years ended December 31, 2021, 2022 and 2023, respectively)	14,474	7,620	0
Hotel operations, hospitality and VIP services income	10,301	0	0
Dividend and gain from disposed financial assets at fair value through profit or loss and settled derivative financial assets (including net disposal gain from related parties of US$16,094, nil and nil for the years ended December 31, 2021, 2022 and 2023, respectively)	133,569	28,518	22,360
Net fair value changes on financial assets at fair value through profit or loss (except fair value change on derivative financial assets and gain from disposed financial assets at fair value through profit or loss and settled derivative financial assets)	(40,899)	(20,609)	76,867
Net fair value changes on derivative financial assets	0	61,897	(6,947)
Total revenue	130,914	175,171	179,815
Other income	22,942	18,063	16,149
Other gain	68,797	19,598	0
Impairment losses under expected credit loss model on financial assets	(4,988)	(501)	0
Other operating expenses	(29,351)	(22,801)	(10,779)
Staff costs	(20,083)	(16,504)	(12,296)
Finance costs	(8,199)	(859)	(1,650)
Share of losses of joint ventures	(2,335)	0	0
Net fair value changes on derivative financial liability	0	1,704	0
PROFIT BEFORE TAX	157,697	173,871	171,239
Income tax expense	(4,314)	(13,405)	(14,059)
PROFIT FOR THE YEAR	153,383	160,466	157,180
Attributable to:
- Ordinary shareholders	134,436	141,733	141,045
- Holders of perpetual securities	8,558	15,702	16,175
Non-controlling interests	10,389	3,031	(40)
PROFIT FOR THE YEAR	153,383	160,466	157,180
EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT
PROFIT FOR THE YEAR	153,383	160,466	157,180
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operations	(2,382)	213	95
Share of other comprehensive expense of joint ventures	(306)	0	0
Cumulative exchange differences reclassified to profit or loss upon disposal of foreign operations	2,695	16	0
Item that will not be reclassified to profit or loss:
Exchange differences on translation from functional currency to presentation currency	(489)	2,103	(6,798)
OTHER COMPREHENSIVE INCOME FOR THE YEAR	(482)	2,332	(6,703)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR	152,901	162,798	150,477
Owners of the parent:
- Ordinary shareholders	134,116	144,254	134,304
- Holders of perpetual securities	8,558	15,702	16,175
Non-controlling interests	10,227	2,842	(2)
TOTAL COMPREHENSIVE INCOME FOR THE YEAR	$ 152,901	$ 162,798	$ 150,477
Common Class A [Member]
EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT
Basic	$ 0.37	$ 0.47	$ 0.62
Diluted	0	0.47	0.62
Common Class B [Member]
EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT
Basic	0.37	0.47	0.62
Diluted	$ 0	$ 0.47	$ 0.62

Consolidated Statements of Pr_2

Consolidated Statements of Profit or Loss and Other Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Capital market/Digital solutions and other services income	$ 130,914	$ 175,171	$ 179,815
Disposal gain generated from related parties	133,569	28,518	22,360
Related Party [Member]
Disposal gain generated from related parties	0	0	16,094
Capital Market Solutions Service Income [Member] \| Related Party [Member]
Capital market/Digital solutions and other services income	0	1,152	13,565
Digital Solutions And Other Service Income [Member] \| Related Party [Member]
Capital market/Digital solutions and other services income	2,554	1,596	0
Fashion Arts Luxury Media Advertising And Marketing Services Income [Member] \| Related Party [Member]
Fashion, art and luxury media advertising and marketing services income	$ 2,726	$ 2,888	$ 0

Consolidated Statements of Fina

Consolidated Statements of Financial Position - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Current assets
Accounts receivable	$ 5,525	$ 24,068	$ 11,097	$ 9,980
Prepayments, deposits and other receivables	16,436	124,223	2,811	3,210
Due from immediate holding company	1,057,007	287,178	275,127	835,560
Financial Assets At Fair Value Through Profit Or Loss	0	0	0	8,070
Derivative financial asset	0	185,069	124,404	132,080
Tax recoverable	2,327	398	0	0
Other assets	1,020	1,234	17,453	25,450
Restricted cash	135	415	0	0
Cash and bank balances	120,234	138,297	67,494	58,560
Total current assets	1,202,684	760,882	498,386	1,072,910
Non-current assets
Property, plant and equipment	70,054	12	9	10
Goodwill	0	7,525	0	0
Intangible assets	118,423	96,967	1,946	1,960
Financial assets at fair value through profit or loss	79,607	195,337	357,352	283,000
Interests in joint ventures	15,822	0	0	0
Total non-current assets	283,906	299,841	359,307	284,970
Total assets	1,486,590	1,060,723	857,693	1,357,880
Current liabilities
Accounts payable	9,382	10,556	19,884	26,060
Bank borrowings	65,793	20,122	49,879	29,960
Other payables and accruals	19,260	16,904	11,829	16,561
Due to a non-controlling shareholder	55,803	0	0	0
Provision	3,866	4,079	0	0
Tax payable	2,956	2,883	17,460	15,900
Total current liabilities	157,060	54,544	99,052	88,481
Non-current liabilities
Bank borrowings	30,373	458	0	0
Deferred tax liabilities	5,583	3,307	0	0
Derivative financial liability	0	0	1,764	1,670
Convertible bond	0	0	14,362	13,320
Total non-current liabilities	35,956	3,765	16,126	14,990
Total liabilities	193,016	58,309	115,178	103,471
Equity
Treasury shares	(734,658)	(962,658)	(642,055)	0
Capital reserve	924,348	988,965	581,997	581,998
Exchange reserve	2,671	2,991	470	7,211
Retained profits	859,849	712,862	571,129	428,033
Total equity attributable to ordinary shareholders of the Company	1,052,258	742,198	511,566	1,017,267
Non-controlling interests	7,078	31,740	2,422	423
Perpetual securities	234,238	228,476	228,527	236,719
Total equity	1,293,574	1,002,414	742,515	1,254,409
Total liabilities and equity	1,486,590	1,060,723	857,693	1,357,880
Common Class A [Member]
Equity
Share capital	22	12	6	6
Common Class B [Member]
Equity
Share capital	$ 26	$ 26	$ 19	$ 19

Consolidated Statements of Chan

Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Total	Subsidiary Company Listing [Member]	Shares Issued By A Subsidiary [Member]	Share capital [Member]	Capital reserve [Member]	Capital reserve [Member] Subsidiaries [Member]	Capital reserve [Member] Subsidiary Company Listing [Member]	Capital reserve [Member] Shares Issued By A Subsidiary [Member]	Treasury shares [Member]	Exchange reserve [Member]	Retained profits [Member]	Equity attributable to ordinary shareholders of the Company [Member]	Equity attributable to ordinary shareholders of the Company [Member] Subsidiaries [Member]	Equity attributable to ordinary shareholders of the Company [Member] Subsidiary Company Listing [Member]	Equity attributable to ordinary shareholders of the Company [Member] Shares Issued By A Subsidiary [Member]	Equity attributable to holders of perpetual securities [Member]	Non-controlling interests [Member]	Non-controlling interests [Member] Subsidiaries [Member]	Non-controlling interests [Member] Subsidiary Company Listing [Member]	Non-controlling interests [Member] Shares Issued By A Subsidiary [Member]
Beginning balance at Dec. 31, 2020	$ 1,254,409			$ 25	$ 581,998					$ 7,211	$ 428,033	$ 1,017,267				$ 236,719	$ 423
Profit for the year	157,180										141,045	141,045				16,175	(40)
Other comprehensive (expense) income for the year	(6,703)									(6,741)		(6,741)					38
Total comprehensive (expense) income for the year	150,477									(6,741)	141,045	134,304				16,175	(2)
Redemption of perpetual securities	(6,322)										2,051	2,051				(8,373)
Distribution to holders of perpetual securities	(15,994)															(15,994)
Capital injection by non-controlling interest	2,000				(1)							(1)					2,001
Repurchase of shares from a shareholder	(642,055)								$ (642,055)			(642,055)
Ending balance at Dec. 31, 2021	742,515			25	581,997				(642,055)	470	571,129	511,566				228,527	2,422
Profit for the year	160,466										141,733	141,733				15,702	3,031
Other comprehensive (expense) income for the year	2,332									2,521		2,521					(189)
Total comprehensive (expense) income for the year	162,798									2,521	141,733	144,254				15,702	2,842
Conversion of convertible bond	14,469				14,469							14,469
Distribution to holders of perpetual securities	(15,753)															(15,753)
Issuance of shares	50,000			1	49,999							50,000
Acquisition of AMTD Digital under common control	(760,102)				(774,197)							(774,197)					14,095
Issuance of shares, others	992,645	$ 138,225		12	992,633		$ 84,433					992,645		$ 84,433					$ 53,792
Disposal of subsidiaries	(1,780)																(1,780)
Repurchase of shares from a shareholder	(320,603)					$ 39,631			(320,603)			(320,603)	$ 39,631					$ (39,631)
Ending balance at Dec. 31, 2022	1,002,414			38	988,965				(962,658)	2,991	712,862	742,198				228,476	31,740
Profit for the year	153,383										134,436	134,436				8,558	10,389
Other comprehensive (expense) income for the year	(482)									(320)		(320)					(162)
Total comprehensive (expense) income for the year	152,901									(320)	134,436	134,116				8,558	10,227
Distribution to holders of perpetual securities	(2,796)															(2,796)
Issuance of shares	93,600			9	93,591							93,600
Issuance of shares in acquisition of AMTD Assets	(3,154)				(275,154)				268,000			(7,154)					4,000
Issuance of shares, others	11,214		$ 100,000	1	11,213			$ 78,686				11,214			$ 78,686					$ 21,314
Acquisition of additional interests of the subsidiaries	(1,647)				12,551							12,551					(14,198)
Disposal of subsidiaries	(18,958)				(12,551)						12,551						(18,958)
Change in shareholding of subsidiaries during the year without losing control					(694)							(694)					694
Repurchase of shares from a shareholder	(40,000)					$ 27,741			(40,000)			(40,000)	$ 27,741					$ (27,741)
Ending balance at Dec. 31, 2023	$ 1,293,574			$ 48	$ 924,348				$ (734,658)	$ 2,671	$ 859,849	$ 1,052,258				$ 234,238	$ 7,078

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax	$ 157,697	$ 173,871	$ 171,239
Adjustments for:
Interest income	(20,192)	(16,256)	(14,928)
Finance costs	8,199	859	1,650
Depreciation	1,766	12	6
Amortization	857	726	0
Dividend income	(9,935)	(6,412)	(6,266)
Gain from disposed financial assets at fair value through profit or loss and settled derivative financial assets	(123,634)	(22,106)	(16,094)
Gain from a bargain purchase	(4,469)	(4,848)	0
Gain from disposal of subsidiaries	(64,328)	(14,750)	0
Net fair value changes on financial assets at fair value through profit or loss (except derivative financial assets)	40,899	20,609	(76,867)
Net fair value changes on derivative financial assets	0	(61,897)	6,947
Net fair value changes on derivative financial liability	0	(1,704)	0
Share of losses of joint ventures	2,335	0	0
Impairment losses under expected credit loss model on financial assets	4,988	501	0
Operating cash flows before changes in working capital	(5,817)	68,605	65,687
(Increase)/decrease in accounts receivable	10,668	(29,225)	(1,175)
Decrease in prepayments, deposits and other receivables	5,326	11,489	379
Increase/(decrease) in other payables and accruals	15,570	(11,432)	(4,640)
Decrease in restricted cash	280	65	0
Decrease in provisions	(355)	(95)	0
Changes in accounts payable and other assets	(1,156)	7,736	1,831
Repayment of operating lease liabilities	(81)	0	0
Cash generated from operations	24,435	47,143	62,082
Profits tax paid	(1,605)	(30,992)	(12,408)
Dividend received	9,935	6,412	6,266
Interest received	7,213	4,058	2
Net cash generated from operating activities	39,978	26,621	55,942
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of items of property, plant and equipment	(72)	(2)	0
Purchase of financial assets at fair value through profit or loss	(1,591)	(4,806)	(1,279)
Increase in amount due from immediate holding company	(404,364)	(68,723)	(44,731)
Acquisition of subsidiaries, net of cash acquired	1,347	13,326	0
Cash disposed of upon disposal of subsidiaries	(514)	(18,473)	0
Acquisition of additional interests of the subsidiaries	(1,647)	0	0
Collection of consideration receivable	90,687	0	0
Amount received from former subsidiaries	23,860	0	0
Amount received from a non-controlling shareholder of a subsidiary	20,000	0	0
Amount received from amounts due from joint ventures	6,515	0	0
Advance to a non-controlling shareholder of a subsidiary	(1,561)	0	0
Receipt of return from movie income right investments	0	2,680	0
Proceeds from disposal of financial assets at fair value through profit or loss	373	2,047	0
Net cash used in investing activities	(266,967)	(73,951)	(46,010)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from issue of shares	93,600	25,041	0
Proceeds from issue of shares of a subsidiary	100,000	139,149	0
Repayment of bank borrowings	(396)	(29,895)	0
Redemption of perpetual securities	0	0	(6,322)
Proceeds from bank borrowings	25,000	0	20,000
Distribution to perpetual securities holders	(2,796)	(15,853)	(15,941)
Financing costs paid	(6,060)	(803)	(600)
Capital injection by non-controlling interest	0	0	1,990
Net cash flows (used in)/generated from financing activities	209,348	117,639	(873)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(17,641)	70,309	9,059
Cash and cash equivalents at beginning of year	138,297	67,494	58,561
Effect of foreign exchange rate change, net	(422)	494	(126)
CASH AND CASH EQUIVALENTS AT END OF YEAR	120,234	138,297	67,494
Cash and bank balances	$ 120,234	$ 138,297	$ 67,494

Corporate Information

Corporate Information	12 Months Ended
Corporate Information	Dec. 31, 2023
Business Description [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, arts 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 company incorporated in the British Virgin Islands (“BVI”). Information about principal subsidiaries Particulars of the Company’s principal subsidiaries are as follows: Name Place of Issued and capital# Percentage of equity and voting rights Principal activities 2021 2022 2023 Direct Indirect Direct Indirect Direct Indirect AMTD International Holding Group Limited) (“AMTD IHG”) Hong Kong HK$500,000 100 % — 100 % — 100 % — Investment holding AMTD Strategic Investment Limited HK HK$1 — 100 % — 100 % — 100 % Strategic investment AMTD Overseas Limited HK HK$1 — 100 % — 100 % — 100 % Strategic investment AMTD Investment Inc. Cayman Islands US$1 100 % — 100 % — 100 % — Investment holding AMTD Strategic Investment (BVI) Limited BVI US$1 — 100 % — 100 % — 100 % Investment holding AMTD IDEA International Limited BVI US$1 — 100 % — 100 % — 100 % Investment holding L’Officiel Inc. SAS (“L’Officiel”) France EUR6,960,100 — — — 100 % — 97.1 % Investment holding and provision of fashion and luxury media advertising, art and marketing services The Art Newspaper SA Switzerland CHF1,400,000 — — — — — 97.1 % Investment holding and provision of fashion, arts and luxury media advertising and marketing services AMTD Digital Inc. (“AMTD Digital”)* Cayman Islands US$7,658 — — 84.9 % — 85.2 % — Investment holding AMTD Risk Solutions Group Limited HK HK$500,000 — — — 84.9 % — 85.2 % Provision of digital solutions and other services Name Place of Issued and Percentage of equity and voting rights Principal activities 2021 2022 2023 Direct Indirect Direct Indirect Direct Indirect AMTD Assets Group (“AMTD Assets”)* Cayman Islands US$10,410 — — — — — 81.9 % Investment holding AMTD World Media and Entertainment Group Cayman Islands US$182,839,871 — — — 84.9 % 97.1 % — Provision of media and entertainment business and investment holding * During the year ended December 31, 2022 and 2023, the Company acquired AMTD Digital and AMTD Assets, respectively, and became subsidiary of the Group. Since the Group, AMTD Digital and AMTD Assets are under common control of AMTD Group, the acquisition of AMTD Digital and AMTD Assets has been accounted for as business combination under common control which has been detailed in Note 2. # All amounts in dollars in this note only. The consolidated financial statements have been prepared on a historical cost basis, except for financial assets at fair value through profit or loss, derivative financial assets and derivative financial liability which are measured at fair value. The consolidated financial statements are presented in United States Dollars (“US$”) unless otherwise stated.

Basis of Presentation

Basis of Presentation	12 Months Ended
Basis of Presentation	Dec. 31, 2023
Basis Of Presentation And Significant Accounting Policies [Abstract]
Basis of Presentation	2.1 BASIS OF PRESENTATION Basis of preparation The Group’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). 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. In preparing the consolidated financial statements, the Company’s opening consolidated statement of financial position was prepared as at January 1, 2021, the Company’s date of transition from International Financial Reporting Standards (“IFRS”) to U.S. GAAP. There is no adjustment made by the Company in transitioning its IFRS consolidated financial statements to U.S. GAAP. 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. Recent accounting pronouncements The Company considers the applicability and impact of all accounting standards updates (“ASUs”). Management periodically reviews new accounting standards that are issued. In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326), which requires entities to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost. ASU 2016-13 was subsequently amended by ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, ASU 2019-04 Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments, and ASU 2019-05, Targeted Transition Relief. In November 2019, the FASB issued ASU 2019-10, which extends the effective date for the adoption of ASU 2016-13. In November 2019, the FASB issued ASU 2019-11 to clarify its new credit impairment guidance in ASU 326. Accordingly, for public entities that are not smaller reporting entities, ASU 2016-13 and its amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. For all other entities, this guidance and its amendments will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. As an emerging growth company, the Company adopted this guidance on January 1, 2023 and the adoption of this ASU did not have a material impact on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework Changes to the Disclosure Requirements for Fair Value Measurement” (“ASU 2018-13”). ASU 2018-13 modifies the disclosure requirements on fair value measurements. ASU 2018-13 is effective for all entities for fiscal years and interim periods within those fiscal years beginning after December 15, 2019, with early adoption permitted for any removed or modified disclosures. The removed and modified disclosures were adopted on a retrospective basis and the new disclosures were adopted on a prospective basis. The Company adopted this guidance on date of initial adoption and the adoption of this ASU did not have a material impact on its consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740)—Simplifying the Accounting for Income Taxes. ASU 2019-12 is intended to simplify accounting for income taxes. It removes certain exceptions to the general principles in Topic 740 and amends existing guidance to improve consistent application. ASU 2019-12 is effective for fiscal years beginning after December 15, 2020 and interim periods within those fiscal years, with early adoption permitted. The Company adopted this guidance on January 1, 2021 and the adoption of this ASU did not have a material impact on its consolidated financial statements. 2.2 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, 2021, 2022 and 2023. 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 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. At the acquisition date, the identifiable assets acquired and the liabilities assumed are recognized at their fair value, except that: • deferred tax assets or liabilities, and assets or liabilities related to employee benefit arrangements are recognized and measured in accordance with relevant guidance; • liabilities or equity instruments related to share-based payment arrangements of the acquiree or share-based payment arrangements of the Group entered into to replace share-based payment arrangements of the acquiree are measured in accordance with relevant guidance; • assets (or disposal groups) that are classified as held for sale are measured in accordance with that standard; and • lease liabilities are recognized and measured at the present value of the remaining lease payments as if the acquired leases were new leases at the acquisition date, except for leases for which the lease terms ends within 12 months of the acquisition date. Right-of-use 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 Business combinations under common control 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 within the unaudited interim condensed consolidated statements of changes in equity. Investments in joint ventures A joint venture is a type of joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the joint venture. Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control. The Group’s investment in joint ventures are stated in the consolidated statement of financial position at cost and the Group’s share of net assets under the equity method of accounting, less any impairment losses. The financial statements of joint ventures used for equity accounting purposes are prepared using uniform accounting policies as those of the Group for similar transactions and events in similar circumstances. Appropriate adjustments have been made to conform the joint venture’s accounting policies to those of the Group. The Group’s share of the post-acquisition results and other comprehensive income of joint ventures is included in the consolidated statement of profit or loss and other comprehensive income, respectively. Changes in net assets of joint venture other than profit or loss and other comprehensive income are not accounted for unless such changes resulted in changes in ownership interest held by the Group. When the Group’s share of losses of a joint venture exceeds the Group’s interest in that joint venture exceeds the Group’s interest in that joint venture, the Group discontinues recognizing its share of further losses. Additional losses are recognized only to the extent that the Group has incurred legal or constructive obligations or made payments on behalf of the joint venture. On acquisition of the investment in a joint venture, any excess of the cost of the investment over the Group’s share of the net fair value of the identifiable assets and liabilities of the investee is recognized as goodwill, which is included within the carrying amount of the investment. Any excess of the Group’s share of the net fair value of the identifiable assets and liabilities over the cost of the investment, after reassessment, is recognized immediately in profit or loss in the period in which the investment is acquired. Impairments of investments in joint ventures are recognized only if the impairment are other than temporary. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity that would justify the carrying amount of the investment. A fair value of investments in joint ventures that is less than its carrying amount may indicate a loss in investments in joint ventures. An impairment loss of investments in joint ventures that is other than a temporary decline is recognized to profit or loss and such impairment loss cannot be reversed subsequently. When a group entity transacts with a joint venture of the Group, profits and losses resulting from the transactions with the joint venture are recognized in the Group’s consolidated financial statements only to the extent of interests in the joint venture that are not related to the Group. 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, right-of-use right-of-use The Group performs an initial qualitative assessment before proceeding with the quantitative test on goodwill and indefinite life intangible asset. If the Group concludes, based on qualitative assessment, that it is not more likely than not that a reporting unit that goodwill allocated to or indefinite life intangible assets is impaired, then the Group is not required to perform a quantitative test for that reporting unit or indefinite life intangible assets. Intangible assets with indefinite life are estimated individually. An impairment loss for an indefinite life intangible asset is recognized if the fair value of the asset is less than the asset’s carrying amount. Goodwill is allocated to those reporting units which are operating segments or one level below the operating segment level (component level), if it constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that segment. Goodwill is impaired if the carrying amount of the reporting unit to which it is allocated exceeds the fair value of the reporting unit. An impairment is the excess of the reporting unit’s carrying amount over its fair value. Corporate assets are not allocated to asset groups in testing long-lived assets for impairment. An additional high-level of asset group is identified (which may be at the entity level), which is tested for impairment after the related lower-level assets groups have been tested. An impairment loss is not reversed if the fair value of the impaired asset or asset group increase subsequently. 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 management personnel services to the Group or to the parent of the Group. 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: Hotel property Over the shorter of the useful life of 40 years and the remaining lease term Furniture and fixtures 20% Computer equipment 33 1 3 Where parts of an item of property, plant and equipment have different useful lives, the 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. Leases The Group assesses at contract inception whether a contract is, or contains, 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 or arising from business combinations, the Group assesses whether a contract is or contains a lease 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. Group as a lessee Allocation of consideration to components to a lease For a contract that contains a lease component and one or more additional lease or non-lease non-lease Non-lease (a) Right-of-use For both finance and operating leases, the right-of-use asset (“ROU”) is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received. For finance leases, the ROU asset is subsequently amortized on a straight-line basis, over the shorter of the lease term or the useful life of the ROU asset. For operating leases, the ROU asset is subsequently measured throughout the lease term at the carrying amount of the lease liability, plus initial direct costs, plus (minus) any prepaid (accrued) lease payments, less the unamortized balance of lease incentives received. The Group presents right-of-use (b) Lease liabilities Lease liabilities are recognized at the commencement date of the lease at the present value of lease payments to be made over the lease term. The lease payments include fixed payments (including in-substance The lease term is determined as the non-cancellable In calculating the present value of lease payments, the Group uses its incremental borrowing rate at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition, the carrying amount of lease liabilities is remeasured if there is a modification including a change in the lease term and a change in lease payments (e.g., a change to future lease payments resulting from a change in an index or rate) or a change in assessment of an option to purchase the underlying asset. Intangible assets (other than goodwill) 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 The Group’s financial assets are classified into financial assets at fair value through profit or loss and loans and receivables. The classification depends on nature and purpose of financial assets and is determined at the time of initial recognition. Financial assets at fair value through profit or loss Equity investments are generally measured at fair value with changes in fair value recognized through profit or loss. Loans and receivables Loans and receivables are classified as either held-for-sale or held-for-investment. When the Group holds an originated or purchased loans or receivables for which it has the intent and ability to hold for the foreseeable future or to maturity or payoff, the loans or receivables should be classified as held-for-investment. Loans and receivables held-for-investment are measured at their amortized cost. If the Group intends to sell loans or receivables, the loans or receivables should be classified as held for sale. Loans and receivables classified as loans held for sale are measured at the lower of cost or fair value, or carried at fair value if the fair value option is elected. 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 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. This category includes 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 Financial assets are derecognized when the Group surrenders control over those assets. The Group has surrendered control over transferred assets only if all the following conditions are met. • Legal control: The transferred assets is isolated from the Group, i.e. put legally beyond the reach of the Group. • Actual control: (i) the transferee has the right to pledge or exchange the assets (or beneficial interests) that it received; and (ii) no condition both (a) constrains the transferee from taking advantage of its right to pledge or exchange and (b) provides more than a trivial benefit to the Group. • Effective control: The Group does not maintain effective control over the transferred financial assets or third party beneficial interests related to those transferred assets. In derecognizing a transferred financial assets, a gain or loss is recognized based on the difference between the carrying amount of the financial assets of the carrying amount and the sum of the proceeds received for the asset or the participating interest derecognized. Impairment of financial assets The Group utilizes the expected credit losses (“ECL”) model to determine an allowance that reflects its best estimate of the expected credit losses on accounts receivable, prepayments, deposits and other receivables which is recorded as a liability to offset the receivables. The ECL model is prepared after considering historical experience, current conditions, and reasonable and supportable economic forecasts to estimate expected credit losses. Accounts receivable, prepayments, deposits and other receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded as a reduction of bad debt expense. The Group uses simplified flow rate matrix approach to estimate expected credit losses for the accounts receivable. The allowance for credit loss is estimated for accounts receivable that share similar risk characteristics based on a collective assessment using a combination of measurement models and management judgment. The approach considers factors including historical aging schedule and forward-looking macroeconomic conditions. The allowance for expected credit loss is disclosed accordingly in the relevant notes. General approach The ECL model is based on a single measurement approach of full lifetime ECL throughout the life of an instrument. 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. 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. ECL for trade receivables 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 the constituents of each group continue to share similar credit risk characteristics. 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 recognizes an impairment gain or loss in profit or loss for all financial instruments by adjusting their carrying amount, with the exception of trade receivables f

Significant Accounting Estimate

Significant Accounting Estimates and Judgments	12 Months Ended
Significant Accounting Estimates and Judgments	Dec. 31, 2023
Significant Accounting Estimates And Judgments [Abstract]
Significant accounting estimates and judgments	3. SIGNIFICANT ACCOUNTING ESTIMATES AND JUDGMENTS The preparation of the Group’s financial statements requires management to make judgments, 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. 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. Credit risk management and ECL estimation 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 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 other receivables are not significant after considering counterparties’ financial background and creditability. During the year ended December 31, 2021, 2022 and 2023, the Group recognized ECL for other receivables of nil, US$501 and nil , The directors of the Company continuously monitor the credit quality and financial position of the immediate holding company and the level of exposure to ensure that the follow-up action is taken to recover the debt. The directors of the Company make individual assessment based on historical settlement records, past experience, and also quantitative and qualitative information that are reasonable and supportive forward-looking information (i.e. the forecasted default rate expected by the international credit-rating agencies). During the year ended December 31, 2021, 2022 and 2023, the Group recognized ECL for amount due from immediate holding company of , and US$ , respectively. The Group has loss allowance for other receivables of nil, US$501 and US$501 and amount due from immediate holding company of nil, nil and US$4,988 as of December 31, 2021, 2022 and 2023, respectively.

Operating Segment Information

Operating Segment Information	12 Months Ended
Operating Segment Information	Dec. 31, 2023
Segment Reporting [Abstract]
Operating Segment Information	4. OPERATING SEGMENT INFORMATION The Group now operates its businesses in five operating segments: capital market solutions segment, digital solutions and other services segment, media and entertainment segment, hotel operations, hospitality and VIP 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 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) Media and entertainment segment. which arises from the business acquisition of L’Officiel and The Art Newspaper SA in current and prior periods, 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) Hotel operations, hospitality and VIP services segment: The Group engages in hotel investments, hotel operations, hospitality and VIP services since the acquisition of AMTD Assets. (e) 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, finance costs and corporate expenses such as staff costs not directly attributable to segments, office rental and administrative expenses are excluded from such measurement. Segment assets exclude property, plant and equipment other than hotel property, 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, 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 following tables present information by segment, with prior period segment information retrospectively recast to conform to current period presentation: For the year ended December 31, 2021 Capital US$ Strategic US$ Total US$ Segment revenue Revenue —from contract with customers 87,535 — 87,535 —others — 92,280 92,280 87,535 92,280 179,815 Segment results 85,708 92,280 177,988 Unallocated other income 16,149 Unallocated finance costs (1,650 ) Corporate and other unallocated expenses (21,248 ) Profit before tax 171,239 Other segment information Depreciation 6 For the year ended December 31, 2022 Capital market Digital Media and Strategic Total US$ US$ US$ US$ US$ Segment revenue Revenue —from contract with customers 74,305 23,440 7,620 — 105,365 —others — — — 69,806 69,806 74,305 23,440 7,620 69,806 175,171 Segment results 72,140 21,299 2,725 69,806 165,970 Unallocated other income 18,063 Unallocated other gain 19,598 Unallocated finance costs (859 ) Unallocated net changes in fair value on derivative financial liability 1,704 Corporate and other unallocated expenses (30,605 ) Profit before tax 173,871 Other segment information Depreciation and amortization 738 For the year ended December 31, 2023 Capital market Digital Media and Hotel Strategic Total US$ US$ US$ US$ US$ US$ Segment revenue Revenue —from contract with customers — 13,469 14,474 10,301 — 38,244 —others — — — — 92,670 92,670 — 13,469 14,474 10,301 92,670 130,914 Segment results (1,276 ) 9,126 3,239 2,106 92,670 105,865 Unallocated other income 22,942 Unallocated other gain 68,797 Unallocated finance costs (8,199 ) Corporate and other unallocated expenses (31,708 ) Profit before tax 157,697 Other segment information Depreciation and amortization 2,623 Segment assets and liabilities As of December 31, 2021 2022 2023 US$ US$ US$ Segment assets Capital market solutions 30,467 10,429 — Digital solut ions and — 23,691 1,480 Media and entertainment — 93,754 126,028 Hotel operations, hospitality and VIP services — — 85,495 Strategic investment 481,757 380,407 79,607 Total segment assets 512,224 508,281 292,610 Unallocated corporate assets 345,469 552,442 1,193,980 Total assets 857,693 1,060,723 1,486,590 Segment liabilities Digital solutions and other services 19,965 2,324 15,621 Media and entertainment — 23,270 27,361 Hotel operations, hospitality and VIP services — — 106,742 Total segment liabilities 19,965 25,594 149,724 Unallocated corporate liabilities 95,213 32,715 43,292 Total liabilities 115,178 58,309 193,016 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, 2021 Total US$ China (including Hong Kong) 87,050 Others 485 87,535 For the year ended December 31, 2022 Capital Digital Media and Total US$ US$ US$ US$ China (including Hong Kong) 74,305 23,253 — 97,558 Europe — — 2,461 2,461 America — — 4,090 4,090 Others — 187 1,069 1,256 74,305 23,440 7,620 105,365 For the year ended December 31, 2023 Capital markets solutions Digital solutions and other services Media and Hotel Total US$ US$ US$ US$ US$ China (including Hong Kong) — 13,469 — 5,132 18,601 Europe — — 6,582 — 6,582 America — — 5,250 5,169 10,419 Others — — 2,642 — 2,642 — 13,469 14,474 10,301 38,244 As of December 31, 2023, non-current and 2021: ) , US$15,942 (2022: and 2021: and 2021:

Revenue, Other Income and Other

Revenue, Other Income and Other Gain	12 Months Ended
Revenue, Other Income and Other Gain	Dec. 31, 2023
Revenue from Contract with Customer [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, 2021 2022 2023 US$ US$ US$ Revenue from contracts with customers Capital market solutions Underwriting commission 3,737 12,070 — Financial advisory fee 73,072 54,614 — Management fee and performance-based incentive fee 7,362 2,144 — Brokerage and handling fees 3,262 5,403 — Others 102 74 — 87,535 74,305 — Digital solutions and other services Insurance brokerage services commission — 1,040 1,249 Digital solutions fees — 22,400 12,220 — 23,440 13,469 Media and entertainment Fashion, arts and luxury magazines and advertising services income — 3,608 11,031 Fashion, arts and luxury media licensing and marketing services income — 4,012 3,443 — 7,620 14,474 For the year ended December 31, 2021 2022 2023 US$ US$ US$ Hotel operations, hospitality and VIP services Hotel operations, hospitality and VIP services income — — 10,301 Revenue from other sources Strategic investments Dividend income 6,266 6,412 9,935 Gain related to disposed investments 16,094 22,106 123,634 22,360 28,518 133,569 Net fair value changes on financial assets at fair value through profit or loss -from listed equity shares, at quoted price 6,947 (48,267 ) (40,927 ) -from unlisted equity shares and movie income right investments (note a) 69,920 27,658 28 Total net fair value changes on financial assets at fair value through profit or loss 76,867 (20,609 ) (40,899 ) Net fair value changes on derivative financial asset (6,947 ) 61,897 — 92,280 69,806 92,670 Total revenue 179,815 175,171 130,914 Note: (a) For the year ended December 2021, 2022 and 2023, net fair value gain arising from investments in equity securities of related parties are US$70,133, US$27,298 and nil, respectively . (i) Disaggregated revenue information The Company assesses revenues based upon the nature or type of goods or services it provides and the operating segments of the related businesses. For more information on the operating segments, see Note 4, “Operating Segment Information”. The following tables present disaggregated revenue information: For the year ended December 31, 2021 Segments Capital Strategic Total US$ US$ US$ Revenue from contracts with customers Capital market solutions Underwriting commission 3,737 — 3,737 Financial advisory fee 73,072 — 73,072 Management fee and performance-based incentive fee 7,362 — 7,362 Brokerage and handling fee 3,262 — 3,262 Others 102 — 102 Sub-total 87,535 — 87,535 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — 76,867 76,867 Net fair value changes on derivative financial asset — (6,947 ) (6,947 ) Gain related to disposed investments — 16,094 16,094 Dividend income — 6,266 6,266 Total 87,535 92,280 179,815 Segments Capital US$ Timing of revenue recognition Services transferred at a point in time 80,142 Services transferred over time 7,393 Total revenue from contracts with customers 87,535 For the year ended December 31, 2022 Segments Capital Digital services Media and Strategic Total US$ US$ US$ US$ US$ Revenue from contracts with customers Capital market solutions Underwriting commission 12,070 — — — 12,070 Financial advisory fee 54,614 — — — 54,614 Management fee and performance-based incentive fee 2,144 — — — 2,144 Brokerage and handling fee 5,403 — — — 5,403 Others 74 — — — 74 Digital solutions and other services Insurance brokerage services — 1,040 — — 1,040 Digital solutions fees — 22,400 — — 22,400 Media and entertainment Fashion, arts and luxury magazines and advertising services income — — 3,608 — 3,608 Fashion, arts and luxury media licensing and marketing services income — — 4,012 — 4,012 Sub-total 74,305 23,440 7,620 — 105,365 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — — — (20,609 ) (20,609 ) Net fair value changes on derivative financial assets — — — 61,897 61,897 Gain related to disposed investment — — — 22,106 22,106 Dividend income — — — 6,412 6,412 Total 74,305 23,440 7,620 69,806 175,171 Segments Capital Digital Media and Total US$ US$ US$ US$ Timing of revenue recognition Services transferred at a point in time 72,161 1,040 3,608 76,809 Services transferred over time 2,144 22,400 4,012 28,556 Total revenue from contracts with customers 74,305 23,440 7,620 105,365 For the year ended December 31, 2023 Segments Capital Digital solutions Media and Hotel Strategic Total US$ US$ US$ US$ US$ US$ Revenue from contracts with customers Capital market solutions Financial advisory fee — — — — — — Digital solutions and other services Insurance brokerage services — 1,249 — — — 1,249 Digital solutions fee — 12,220 — — — 12,220 Media and entertainment Fashion, arts and luxury magazines and advertising services income — — 11,031 — — 11,031 Fashion, arts and luxury media licensing and marketing services income — — 3,443 — — 3,443 Hotel operations, hospitality and VIP services Hotel operations, hospitality and VIP services income — — — 10,301 — 10,301 Subtotal — 13,469 14,474 10,301 — 38,244 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — — — — (40,899 ) (40,899 ) Gain related to disposed investment — — — — 123,634 123,634 Dividend income — — — — 9,935 9,935 Total — 13,469 14,474 10,301 92,670 130,914 Segments Capital Digital solutions Media and Hotel Total US$ US$ US$ US$ US$ Timing of revenue recognition Services transferred at a point in time — 1,249 11,031 10,301 22,581 Services transferred over time — 12,220 3,443 — 15,663 Total revenue from contracts with customers — 13,469 14,474 10,301 38,244 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: As of December 31, 2021 2022 2023 US$ US$ US$ Revenue recognized that was included in contract liabilities at the beginning of the reporting period Capital market solutions 6,000 81 — Digital solutions services — — 895 6,000 81 895 (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, 2022 and 2023 are as follows: For digital solutions services As of December 31, 2021 2022 2023 US$ US$ US$ Within one year — 26,138 — More than one year — 12,953 — — 39,091 — 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, 2021 2022 2023 US$ US$ US$ Bank interest income 2 2 4,178 Other interest income — 6,551 5,525 Interest income from the immediate holding company (Note 30(A)(iv)) (Note 30(B)(i)) 14,926 9,703 10,489 Government grant — 151 — Others 1,221 1,656 2,750 16,149 18,063 22,942 C. Other gain Other gain of US$19,598 during the year ended December 31, 2022 consists of (i) gain on bargain purchase of US$4,848 with details included in Note 33(a)(ii); and (ii) gain on disposal of subsidiaries of US$14,750. Other gain of US$68,797 during the year ended December 31, 2023 consists of (i) gain on bargain purchase of US$4,469 with details included in Note 33(a)(ii); and (ii) gain on disposal of subsidiaries of US$64,328.

Other Operating Expenses

Other Operating Expenses	12 Months Ended
Other Operating Expenses	Dec. 31, 2023
Other Income and Expenses [Abstract]
Other Operating Expenses	6. OTHER OPERATING EXPENSES Other operating expenses included in the consolidated statements of profit or loss and other comprehensive income are as follows: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Other operating expenses Marketing and brand promotional expenses 77 2,554 4,410 Premises costs and office utilities —Premises costs 1,830 1,672 4,970 —Office utilities 1,006 1,167 417 2,836 2,839 5,387 Traveling and business development expenses 482 991 223 Commissions and bank charges 168 167 232 Office and maintenance expenses 7 3 274 Administrative service fee 3,130 3,806 4,597 Legal and professional related fees 3,172 9,414 5,631 Staff recruitment expenses 299 540 1,272 Others —Depreciation 6 12 1,766 —Amortization — 726 857 —Foreign exchange differences, net 124 252 225 —Other expenses 478 1,497 4,477 608 2,487 7,325 10,779 22,801 29,351

Staff Costs

Staff Costs	12 Months Ended
Staff Costs	Dec. 31, 2023
Compensation Related Costs [Abstract]
Staff Costs	7. STAFF COSTS For the year ended December 31, 2021 2022 2023 US$ US$ US$ Salaries, bonuses and staff welfare 12,192 15,490 18,493 Pension scheme contributions (defined contribution schemes) 104 1,014 1,590 12,296 16,504 20,083

Finance Costs

Finance Costs	12 Months Ended
Finance Costs	Dec. 31, 2023
Finance Cost Disclosure [Abstract]
Finance Costs	8. FINANCE COSTS An analysis of finance costs is as follows: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Interests on convertible bond 1,040 55 — Interests on bank borrowings 610 804 6,010 Interests on amount due to a non-controlling shareholder — — 2,140 Interests on lease liabilities — — 49 1,650 859 8,199

Income Tax Expense

Income Tax Expense	12 Months Ended
Income Tax Expense	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Income Tax Expense	9. INCOME TAX EXPENSE Hong Kong profits tax has been provided at the rate of 16.5% on the estimated assessable profits arising in Hong Kong. Overseas tax is calculated at rates of tax applicable in countries in which the Group is assessable for tax: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Hong Kong profits tax Charge for the year 13,433 12,926 4,261 Overprovision in prior year — — (800 ) The People’s Republic of China withholding tax Charge for the year 626 641 993 Other jurisdictions Charge for the year — 80 — Deferred tax — (242 ) (140 ) 14,059 13,405 4,314 Under the two-tiered two-tiered A reconciliation of tax expense and profit before tax at the Hong Kong statutory tax rate in which the Group’s major operating subsidiaries are domiciled is as follows: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Profit before tax 171,239 173,871 157,697 Tax at statutory tax rate of 16.5% 28,254 28,689 26,020 Tax effect of foreign tax jurisdictions — 34 108 Tax effect of two-tiered (21 ) (21 ) (21 ) Tax effect of non-taxable (12,328 ) (15,604 ) (31,954 ) Tax effect of distribution to perpetual securities holders that are deductible for tax purpose (2,669 ) (2,591 ) (1,412 ) Tax effect of non-deductible 202 2,265 4,743 Tax effect of unrecognized temporary difference (1 ) (1 ) — Overprovision in prior year — — (800 ) Tax effect of tax loss not recognized — — 6,637 Utilization of tax losses previously not recognized (4 ) (7 ) — Withholding tax on the dividend income 626 641 993 Income tax expense 14,059 13,405 4,314 As of December 31, 2021, 2022 and 2023, 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, 2023
Earnings Per Share [Abstract]
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, 2021 and 2022, the computation of diluted earnings per share has not taken into account the effect of convertible bond which is anti-dilutive. No diluted earnings per share for the year ended December 31, 2023 were presented as there was no potential ordinary shares in issue during the year. Basic and diluted earnings per share for each of the periods presented are calculated as follows: For the year ended December 31, 2021 2022 2023 Basic and diluted earnings per share: Numerator: Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (US$)-basic Class A 38,558 65,527 76,720 Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (US$)-basic Class B 102,487 76,206 57,716 Denominator: Weighted average number of Class A ordinary shares outstanding—basic 62,327,851 138,490,789 206,965,601 Weighted average number of Class B ordinary shares outstanding—basic 165,665,944 160,959,872 155,698,533 Basic earnings per share (US$) Class A 0.62 0.47 0.37 Basic earnings per share (US$) Class B 0.62 0.47 0.37 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
Accounts Receivable	Dec. 31, 2023
Receivables [Abstract]
Accounts Receivable	11. ACCOUNTS RECEIVABLE As of December 31, 2021 2022 2023 US$ US$ US$ Receivable from capital market solutions services 11,097 10,466 — Commission receivable from insurance brokerage — 349 200 Receivable from digital solutions and other services — 10,496 — Receivable from hotel operations, hospitality and VIP services — — 111 Receivable from media and entertainment services — 2,757 5,214 11,097 24,068 5,525 The non-interest accounts 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 2023 US$ US$ US$ Not yet due 9,498 22,796 3,075 Past due Within 1 month 7 932 530 1 to 3 months 663 198 974 Over 3 months 929 142 946 11,097 24,068 5,525 As of December 31, 2021, 2022 and 2023, 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. The Group has applied the lifetime ECL to measure the loss allowance. For receivable arising from the digital solutions and other services, the ECL is assessed on an individual basis. The ECL on remaining accounts receivable is performed on a collective basis, grouped by internal credit rating. 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, 2023, the probability of default ranged from 0.39% to 0.57% and the loss given default was estimated to be 46.9%. Internal credit risk rating 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 (US$’000) — — 7,025 3,106 — 966 11,097 Internal credit risk rating As of December 31, 2022 AAA AA A BBB BB CCC Total Expected credit loss rate — — 0.15 % 0.27 % — — — Gross carrying amount (US$’000) — — 10,844 13,224 — — 24,068 Internal credit risk rating As of December 31, 2023 AAA AA A BBB BB CCC Total Expected credit loss rate — — — 0.30 % — — — Gross carrying amount (US$’000) — — — 5,525 — — 5,525 The expected credit losses as of December 31, 2021, 2022 and 2023 were immaterial and no loss allowance for accounts receivable was provided.

Prepayments, Deposits and Other

Prepayments, Deposits and Other Receivables	12 Months Ended
Prepayments, Deposits and Other Receivables	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Prepayments, Deposits and Other Receivables	12. PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES As of December 31, 2021 2022 2023 US$ US$ US$ Consideration receivables on disposal of investments to independent third parties — 46,408 — Consideration receivable on disposal of subsidiaries to independent third parties (Note 5 C) — 44,885 10,000 Receivables from former subsidiaries — 24,020 — Prepayments 2,658 1,814 2,661 Deposits 66 115 337 Other receivables 87 7,482 3,939 Less: impairment loss provided under expected credit loss model — (501 ) (501 ) 2,811 124,223 16,436 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, 2022 and 2023 are nil, US$501 and US$501, respectively. 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 and Stock Loan	12 Months Ended
	Dec. 31, 2023
Financial Assets at Fair Value Through Profit Or Loss And Stock Loan [Abstract]
Financial Assets at Fair Value Through Profit or Loss and Stock Loan	13. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS AND STOCK LOAN As of December 31, 2021 2022 2023 US$ US$ US$ Financial assets at fair value through profit or loss, other than financial asset at fair value through profit or loss under stock loan 330,248 173,589 66,290 Financial assets at fair value through profit or loss under stock loan 27,104 21,748 13,317 Total financial assets at fair value through profit or loss 357,352 195,337 79,607 Listed equity shares, at quoted price —Investment A 135,373 89,254 54,494 —Investment B — 21,219 17,558 —Investment C — 1 1 Total listed equity shares, at quoted price 135,373 110,474 72,053 Unlisted equity shares —Investment D 61,657 69,635 — —Investment E 1,481 1,492 1,517 —Investment F — 200 200 —Investment G — 288 288 —Investment H 11,056 — — —Investment I 2,816 — — —Investment J 143,689 — — —Investment K 1,280 — — Total unlisted equity shares 221.979 71,615 2,005 Movie income right investments — 13,248 5,549 357,352 195,337 79,607 The above unlisted investments at December 31, 2021, 2022 and 2023 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 31 for more information. 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 , , and , the fair values of the listed equity shares underlying the stock loan were US$ , US$ and US$ respectively. In addition, the net fair value changes on the financial assets at fair value through profit or loss under stock loan were US$ , US$ and US$ for the years ended December 31, 2021, 2022 and 2023, respectively. During the year ended December 31, 2023, the Group acquired the entire equity interests of AMTD Assets from Investment D (AMTD Assets Alpha Group) at a consideration of approximately US$276 million, the consideration was settled through current accounts due from the immediate holding company. After the acquisition, AMTD Assets bec a million during the year ended December 31, 2023, the consideration was settled through current accounts due from the immediate holding company. After the acquisition, AMTD Asset Alpha Group become a subsidiary of the Group. During the year ended December 31, 2022 and 2023, the Group entered into a movie income right agreements with certain production houses. 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 Asset

Derivative Financial Asset	12 Months Ended
Derivative Financial Asset	Dec. 31, 2023
Derivative Asset [Abstract]
Derivative Financial Asset	14. DERIVATIVE FINANCIAL ASSET As of December 31, Notes 2021 2022 2023 US$ US$ US$ Upside Participation and Profit Distribution Agreements (a ) 124,404 167,388 — Future Settlement Contract (b ) — 17,681 — 124,404 185,069 — 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 mutually agreed sharing percentage (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 a mutually agreed share price (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. 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$3.27 per share, and US The Agreements satisfied the definition of derivative financial asset in accordance with U.S. GAAP and were stated at fair value with any subsequent changes recognized in profit or loss. Net carrying US$ As of January 1, 2021 132,080 Changes in fair value during the year (6,947 ) Exchange realignment (729 ) As of December 31, 2021 124,404 Changes in fair value during the year 44,461 Partial settlement (1,963 ) Realized gain upon disposal 486 As of December 31, 2022 167,388 Realized in profit or loss during the year 34,234 Settlement (201,411 ) Exchange realignment (211 ) As of December 31, 2023 — 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 US$53,272 in aggregate (the “Future Settlement Contract”) within one year. The fair value of the underlying shares as of December 31, 2022 was US$70,953. The Future Settlement Contract was accounted for as a derivative financial asset and the net fair value changes recognized in profit or loss was US$17,681 for the year ended December 31, 2022. During December 31, 2023, the Agreement was terminated and fully settled with the counterparty with consideration of US$17,681. Note (c) In January 2023, the Group entered into an agreement with a counterparty in relation to the enterprise value of subsidiaries that the Group owns. The agreement has an original term of one year. In December 2023, the Group and the counterparty agreed to settle this agreement, and reached a final settlement amount of US$ with the Group. In July 2023, the Group entered into another agreement with a counterparty in relation to the movement of a share price of listed shares that the Group owns. In November 2023, the Group and the counterparty agreed to settle this agreement, and reached a final settlement amount of US$56,142 with the Group.

Other Assets

Other Assets	12 Months Ended
Other Assets	Dec. 31, 2023
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 21) 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

Cash and Bank Balances	12 Months Ended
Cash and Bank Balances	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
Cash and Bank Balances	16. CASH AND BANK BALANCES (a) Cash and cash equivalents As of December 31, 2021 2022 2023 US$ US$ US$ Cash and cash equivalents: —General bank accounts 67,494 138,297 120,234 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. The Group maintains most of its bank balances in Hong Kong dollars and US$. As Hong Kong dollars is currently pegged to US$, no significant foreign currency risk is considered. (b) Restricted cash As of December 31, 2021, 2022 and 2023, restricted deposits held at banks amounted to nil, US$415 and US$135, respectively, which would be used to settle certain payables to vendors.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
Property, Plant and Equipment	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	17. PROPERTY, PLANT AND EQUIPMENT Hotel Furniture Computer Right-of- Total US$ US$ US$ US$ US$ Cost: As of January 1, 2021 — 1 540 — 541 Exchange realignment — — (3 ) — (3 ) As of December 31, 2021 — 1 537 — 538 Additions — — 2 — 2 Additions from acquisition of subsidiaries — — 18 — 18 Disposal of subsidiaries — (1 ) (537 ) — (538 ) As of December 31, 2022 — — 20 — 20 Additions 15 — 57 219 291 Additions from acquisition of subsidiaries (Note 33(a)) 135,592 — 79 254 135,925 Disposal of subsidiaries (63,444 ) — (7 ) — (63,451 ) Exchange realignment (1,614 ) — 1 19 (1,594 ) As of December 31, 2023 70,549 — 150 492 71,191 Accumulated depreciation: As of January 1, 2021 — (1 ) (530 ) — (531 ) Charge for the year — — (6 ) — (6 ) Exchange realignment — — 8 — 8 As of December 31, 2021 — (1 ) (528 ) — (529 ) Charge for the year — — (12 ) — (12 ) Disposal of subsidiaries — 1 532 — 533 Hotel Furniture Computer Right-of- Total US$ US$ US$ US$ US$ At December 31, 2022 and January 1, 2023 — — (8 ) — (8 ) Charge for the year (1,621 ) — (25 ) (120 ) (1,766 ) Disposal of subsidiaries 623 — 5 — 628 Exchange realignment 11 — — (2 ) 9 As of December 31, 2023 (987) — (28 ) (122 ) (1,137 ) Carrying amount: As of December 31, 2021 — — 9 — 9 As of December 31, 2022 — — 12 — 12 As of December 31, 2023 69,562 — 122 370 70,054 A hotel property of US$69,562 was pledged for a bank borrowing (note 22) as of December 31, 2023. As of December 31, 2023, the Group leases commercial premises for its operations. Lease contracts are entered into for fixed term of three years. In determining the lease term and assessing the length of the non-cancellable In addition, lease liabilities of US$382 are recognized right-of-use

Goodwill

Goodwill	12 Months Ended
Goodwill	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	18. GOODWILL Total US$ Cost: As of January 1, 2021 and December 31, 2021 — Arising from acquisition of AMTD Digital 7,509 Exchange realignment 16 As of December 31, 2022 7,525 Disposal of subsidiaries (7,511 ) Exchange realignment (14 ) As of December 31, 2023 — For the purpose of impairment testing as of December 31, 2022, goodwill of and developed technology included in intangible assets of are allocated to reporting unit of digital solutions and other services. The recoverable amount has been determined based on undiscounted cash flow projections in the 5-year period for the year ended December 31, 2022. Cash flows beyond the 5-year 1.5 growth rate. Other key assumptions of cash flow projection relate to the estimation of cash inflows/outflows which include budgeted sales and gross margin and such estimation is based on past performance and management’s expectations for the market development. Based on the result of the assessment, management of the Group determined that the recoverable amount is higher than the carrying amount and there is no impairment. Management of the Group believes that any reasonably possible changes in any of these assumptions would not cause the impairment losses to be recognized.

Intangible Assets

Intangible Assets	12 Months Ended
Intangible Assets	Dec. 31, 2023
Intangible Assets [Abstract]
Intangible Assets	19. INTANGIBLE ASSETS Archived Developed technology Brand names Securities trading licenses and trading right Total US$ US$ US$ US$ US$ Net carrying amount as of January 1, 2021 — — — 1,957 1,957 Exchange realignment — — — (11 ) (11 ) Net carrying amount as of December 31, 2021 — — — 1,946 1,946 Recognized upon acquisition of L’Officiel (Note 33(b)) 497 — 91,797 — 92,294 Recognized upon acquisition of AMTD Digital (Note 33(b)) — 4,632 176 — 4,808 Amortization during the period — (713 ) (13 ) — (726 ) Disposal of subsidiaries — — — (1,946 ) (1,946 ) Exchange realignment 3 6 582 — 591 Net carrying amount as of December 31, 2022 500 3,925 92,542 — 96,967 Recognized upon acquisition of The Art Newspaper SA (Note 33(a)) — — 25,392 — 25,392 Amortization during the year — (848 ) (9 ) — (857 ) Disposal of subsidiaries — (2,966 ) — — (2,966 ) Exchange realignment (1 ) (5 ) (107 ) — (113 ) Net carrying amount as of December 31, 2023 499 106 117,818 — 118,423 The intangible assets are amortized on a straight-line basis as follows: Developed technology Brand names 7 20 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 securities trading licenses and trading right is determined by reference to the market evidence of recent transaction prices for similar licensed corporations. Included in the above carrying amounts of brand name of US$92,542 and archived images of US$500 as of December 31, 2022 and brand name of US$117,818 and archieved images of US$499 as of December 31, 2023 are considered by management of the Group as having an indefinite useful life because it is expected to contribute to net cash inflows indefinitely. The brand name and archived images will not be amortized until its useful life is determined to be finite. Instead they will be tested for impairment annually and whenever there is an indication that they may be impaired. As of December 31, 2022 and 2023, carrying amounts and US$ , are assessed for impairment individually. For the purpose of impairment testing, the recoverable amount of this reporting unit has been determined using in the 5- year period. Cash flows beyond the 5-year period are extrapolated using a steady % growth rate. This growth rate is based on the relevant industry growth forecasts and does not exceed the average long-term growth rate for the relevant industry. Other key assumptions for cash flow projection calculations relate to the estimation of cash inflows/outflows which include budgeted sales and gross margin, such estimation is based on the past performance and management’s expectations for the market development. Based on the result of the assessment, management of the Group determined that the recoverable amount of the related brand name is higher than the carrying amount and there is no impairment. Management of the Group believes that any reasonably possible changes in any of these assumptions would not cause the carrying amount of the related brand name to exceed its recoverable amount.

Interests in Joint Ventures

Interests in Joint Ventures	12 Months Ended
Interests in Joint Ventures	Dec. 31, 2023
Interests in Joint Ventures [Abstract]
Interests in Joint Ventures	20. INTERESTS IN JOINT VENTURES As of December 31, 2021 2022 2023 US$ US$ US$ Cost of investments in joint ventures — — (7,988 ) Due from joint ventures — — 23,810 — — 15,822 Amounts due from joint ventures are unsecured, interest-free and repayable on demand. Details of material joint ventures as of December 31, 2023 are as follows: Name Place of Percentage of Principal activity DHI Holdings (S) Pte Ltd. Singapore 51 % Hotel operations, hospitality and VIP services The following As of US$ Total assets 201,025 Total liabilities (216,689 ) Net assets (15,664 ) Proportion of the Group’s ownership 51 % Group’s share of net assets of joint ventures (7,988 ) Due from joint ventures 23,810 Interests in joint ventures 15,822 Addition information of the joint ventures Cash and cash equivalents 3,516 Amounts due to shareholders 48,280 Bank borrowings 163,438 February 20, 2023 US$ Revenue 24,129 Loss for the period (4,578 ) Other comprehensive income for the period (600 ) Total comprehensive income for the period (5,178 )

Accounts Payable

Accounts Payable	12 Months Ended
Accounts Payable	Dec. 31, 2023
Accounts Payable [Abstract]
Accounts Payable	21. ACCOUNTS PAYABLE As of December 31, 2021 2022 2023 US$ US$ US$ Payables to suppliers of media and entertainment services — 9,846 8,628 Client’s monies held on trust (Note 15) 18,763 — — Other 1,121 710 754 19,884 10,556 9,382

Bank Borrowings

Bank Borrowings	12 Months Ended
Bank Borrowings	Dec. 31, 2023
Bank Borrowings [Abstract]
Bank Borrowings	22. BANK BORROWINGS A currency analysis of bank borrowings at the end of the reporting periods is as follows: As of December 31, 2021 2022 2023 US$ US$ US$ Hong Kong dollars – secured — — 50,655 Hong Kong dollars – unsecured 14,879 — — United States dollars - unsecured 35,000 20,045 45,000 Euro - unsecured — 535 475 British Pound - unsecured — — 36 49,879 20,580 96,166 As of December 31, 2021 2022 2023 US$ US$ US$ Shown as: Non-current — 458 30,373 Current 49,879 20,122 65,793 49,879 20,580 96,166 As of December 31, 2021, 2022 and 2023, the bank borrowings of US$49,879, US$20,580 and US$45,511 respectively were unsecured. As of December 31, 2021, 2022 and 2023, bank borrowings of US$49,879, US$20,122 and US$65,793 were repayable in one year or on demand, and nil, US$458 and US$30,373 were repayable more than one year but within 5 years. These bank borrowings carry a weighted average contractual interest rate of 2.1 % p.a., % p.a. and % p.a., respectively as of December 31, 2021, 2022 and 2023. As of December 31 , 2023, the Group has a bank borrowing of US$ denominated in Hong Kong dollars. This borrowing is secured by the Group’s hotel property, which has a carrying amount of US$ . The borrowing carries an interest rate of % above the Hong Kong Interbank Offered Rate (“HIBOR”). The repayment dates for this borrowing range from October 2023 April 2025 . As of December 31, 2023, the Group has a bank borrowing of US$15,000 is denominated in US$, which is unsecured, carries interest rate As of December 31, 2023, the Group has a bank borrowing of US$30,000 is denominated in US$, which is unsecured, carries interest rate at daily Wall Street Journal Prime Rate and repayable by May 2025.

Other Payables and Accruals

Other Payables and Accruals	12 Months Ended
Other Payables and Accruals	Dec. 31, 2023
Accrued Liabilities and Other Liabilities [Abstract]
Other Payables and Accruals	23. OTHER PAYABLES AND ACCRUALS As of December 31, 2021 2022 2023 US$ US$ US$ Accruals and other payables 11,748 14,714 14,221 Consideration payable on acquisition of subsidiaries — — 3,195 Contract liabilities (note (i)) 81 2,190 1,462 Lease liabilities (note (ii)) — — 382 11,829 16,904 19,260 Note(s): (i) Contract liabilities as of December 31, 2023 include upfront fees received to deliver media and entertainment, and hotel operations, hospitality and VIP services. As of December 31, 2022, contract liabilities included upfront fees received to deliver digital solutions services. Contract liabilities as of December 31, 2021 include upfront fees received to deliver capital market solutions services. (ii) As of December 31, 2023, lease liabilities payable within one year, more than one year but not more than two years, more than two years but less than five years were US$186, US$113 and US$86, respectively. The incremental borrowing rate applied to lease liabilities was 4.50% to 5.50% per annum.

Provisions

Provisions	12 Months Ended
Provisions	Dec. 31, 2023
Provisions [Abstract]
Provisions	24. PROVISIONS Claims from US$ At January 1, 2021 and December 31, 2021 — Additions from acquisition of subsidiaries 4,094 Settled during the year (95 ) Exchange alignment 80 At December 31, 2022 4,079 Additions 476 Settled during the year (831 ) Exchange alignment 142 At December 31, 2023 3,866

Deferred Tax Liabilities

Deferred Tax Liabilities	12 Months Ended
Deferred Tax Liabilities	Dec. 31, 2023
Components of Deferred Tax Liabilities [Abstract]
Deferred Tax Liabilities	25. DEFERRED TAX LIABILITIES The movements in deferred tax liabilities during the years are as follows: Intangible US$ At January 1, 2021 and December 31, 2021 — Acquisitions of subsidiaries (Note 33) 3,531 Deferred tax credited to profit or loss during the year (Note 9) (242 ) Exchange alignment 18 At December 31, 2022 3,307 Acquisitions of subsidiaries (Note 33) 2,920 Deferred tax credited to profit or loss during the year (Note 9) (140 ) Disposal of subsidiaries (504 ) At December 31, 2023 5,583

Convertible Bond and Derivative

Convertible Bond and Derivative Financial Liability	12 Months Ended
Convertible Bond and Derivative Financial Liability	Dec. 31, 2023
Debt Instruments [Abstract]
Convertible Bond and Derivative Financial Liability	26. 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 upon the occurrence of certain events that have an impact on the number of outstanding shares of the company. The bondholders can convert all or any portion of the bond that equals to or greater than US$10,000,000. 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 30, 2023. In January 2022, the conversion price of the bond was adjusted to US$8.08 per share and the convertible bond were converted into 1,856,436 class A ordinary shares. The directors of the Company considered that the effect of the modification of this financial liability is considered as immaterial. On initial recognition, the derivative component of the convertible bond is measured at fair value and presented as a derivative financial liability. The movement of convertible bond during the year ended December 31, 2021 and 2022 are as follows: Liability Derivative US$ US$ As of January 1, 2021 13,247 1,662 Interest for the year 1,040 — Exchange realignment 75 102 As of December 31, 202 1 14,362 1,764 Interest for the year 55 — Fair value gain recognized in profit or loss — (1,704 ) Converted into class A shares (14,414 ) (55 ) Exchange realignment (3 ) (5 ) As of December 31, 2022 and December 31, 2023 — —

Share Capital, Capital Reserve

Share Capital, Capital Reserve and Treasury Shares	12 Months Ended
Share Capital, Capital Reserve and Treasury Shares	Dec. 31, 2023
Stockholders' Equity Note [Abstract]
Share Capital, Capital Reserve and Treasury Shares	27. SHARE CAPITAL, CAPITAL RESERVE 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. Numbers of shares Notes Class A Class B Class B As of January 1, 2021 62,327,851 183,283,628 — Repurchase of ordinary shares (iv) — (69,144,673 ) 69,144,673 As of December 31, 2021 62,327,851 114,138,955 69,144,673 Issued during the year (i), (ii), (iii) 77,467,981 54,524,730 — Conversion of class B ordinary share to class A ordinary shares 4,281,379 (4,281,379 ) — Repurchase of ordinary shares (iv) — (36,923,963 ) 36,923,963 As of December 31, 2022 144,077,211 127,458,343 106,068,636 Issued during the year (v), (vi) 98,688,525 — — Re-issue (vii) — 30,875,576 (30,875,576 ) Repurchase of ordinary shares (iv) — (4,773,270 ) 4,773,270 As of December 31, 2023 242,765,736 153,560,649 79,966,330 Notes: (i) 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. (ii) During the year ended December 31, 2022, the Company acquired a controlling stake in AMTD Digital by issuing 67,200,330 Class A and 51,253,702 Class B shares to the selling shareholders of AMTD Digital at a consideration of US$992,645. (iii) 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. (iv) On September 30, 2021, December 31, 2022, and December 31, 2023, the Company repurchased 69,144,673, 36,923,963 and 4,773,270, respectively, Class B ordinary shares from the immediate holding company, amounting to US$642,055 , (v) In April 2023, the Company issued 90,000,000 Class A shares to the private investors at US$1.04 per share. (vi) During the year ended December 31, 2023, the Company acquired 100% of The Art Newspaper SA with part of purchase consideration settling by issuing 8,688,525 Class A shares to the selling shareholders with fair value of US$5,607. Details on N (vii) In February 2023, the Company acquired AMTD Assets and the transaction was reissued

Perpetual Securities

Perpetual Securities	12 Months Ended
Perpetual Securities	Dec. 31, 2023
Perpetual Securities [Abstract]
Perpetual Securities	28. PERPETUAL SECURITIES On May 14, 2020, the Company issued US$200,000,000 and SGD50,000,000 of perpetual securities at initial distribution rate of 7.25% p.a. (the “Perpetual Securities I”) and 4.5% p.a. (the “Perpetual Securities II”) which are listed on Hong Kong Stock Exchange and Singapore Stock Exchange respectively (collectively the “Perpetual Securities”). Of which, US$38,920,000 of Perpetual Securities I and SGD14,740,000 of Perpetual Securities II were issued in settlement for the redemption of Perpetual Securities issued by the immediate holding company in 2017. The consideration amounting to US The direct transaction costs attributable to the Perpetual Securities I and Perpetual Securities II in aggregate amounted to US Distributions of the Perpetual Securities I and Perpetual Securities II may be paid semi-annually in arrears on May 14 November 14 The Perpetual Securities I are unsecured, have no fixed maturity date and are callable at the Company’s option in whole on May 14, 2023 (“First Reset Date”) or any Distribution Payment Date falling after the First Reset Date at their principal amounts together with any accrued, unpaid or deferred distributions. The applicable distribution rate will reset, on First Reset Date and every three years after the First Reset Date, to the sum of the initial spread of 7.011% p.a., the Treasury Rate and a 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 early redeemed principal amount of SGD11,188,000 (equivalent to US$8,373) of Perpetual Securities II at the redemption price equal to 75%. In May 2023, the Company reached the agreement with the holders of Perpetual Securities I that the distribution rate is adjusted from 7.25% p.a. to 1.5% p.a. and the distribution payable in May 2023 was agreed to be waived by the holders of Perpetual Securities I. 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, 2022 and 2023, the profit attributable to holders of Perpetual Securities based on the applicable distribution rate, was US$16,175, US$15,702 and US$8,558, 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 US$15,994, US$15,753 and US$2,796 to the holders of perpetual securities during the year ended December 31, 2021, 2022 and 2023, respectively.

Notes to the Consolidated State

Notes to the Consolidated Statements of Cash Flo	12 Months Ended
Notes to the Consolidated Statements of Cash Flo	Dec. 31, 2023
Supplemental Cash Flow Elements [Abstract]
Notes to the Consolidated Statements of Cash Flo	29. 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, 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 US$23,365. The Group recognized a gain related to the disposed investment of US$15,322 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 US$25,145 to a then fellow subsidiary. The Group recognized a gain related to the disposed investment of US$772. The consideration of US$25,145 was settled by way of the current accounts with AMTD Group. During the year ended December 31, 2021, the Group purchased financial assets at fair value through profit or loss of US$20,930 from the immediate holding company. The consideration was settled through the current accounts with AMTD Group. During the year ended December 31, 2021, the Group repurchased 69,144,673 Class B ordinary shares from AMTD Group amounting to US$642,055. 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 US$320,603. 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 US$25,050 was settled through the transfer of a listed equity investment to the Group. During the year ended December 31, 2023, certain other receivables of US$388,972 was settled through the current accounts with AMTD Group under the agreements between respective independent third parties, the Group and AMTD Group. During the year ended December 31, 2023, the Group repurchased 4,773,270 Class B ordinary shares from AMTD Group amounting to US$40,000. The consideration was settled through the current accounts with AMTD Group.

Related Party Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	30. 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 2021 2022 2023 US$ US$ US$ Capital market solutions services rendered to fellow subsidiaries (i) 148 3 — Capital market solutions services rendered to related companies controlled by a director of the Company (i) — 1,149 — Capital market solutions services rendered to former fellow subsidiaries (i) 13,417 — — For the year ended December 31, Notes 2021 2022 2023 US$ US$ US$ Management fee paid to immediate holding company (i) 19 18 — Investment advisory fee paid to a fellow subsidiary (i) 23 21 — Insurance commission paid to a fellow subsidiary (i) 7 — — Insurance commission received from immediate holding company and a fellow subsidiary (i) — 4 48 Digital solutions and other services income from immediate holding company (i) — 1,592 2,554 Fashion, arts and luxury media advertising and marketing services from immediate holding company (i) — 2,888 2,726 Acquisition of investment from immediate holding company (ii)(a) 20,930 — — Acquisition of investments from fellow subsidiaries (ii)(b) 1,481 — — Proceed of disposal of an investment to a former fellow subsidiary (ii)(c) 48,573 — — Administrative service fee paid to immediate holding company (iii) 3,087 3,767 4,597 Interest income from immediate holding company (iv) 14,926 9,703 10,489 Stock loan interest income from a former fellow subsidiary (i) 4 — — Recharge from/(to) immediate holding company —Staff costs 2,841 4,084 — —Premises cost 1,796 1,469 — (iii) 4,637 5,553 — Treasury shares repurchased from immediate holding company 27 642,055 320,603 40,000 Perpetual securities redeemed from a former fellow subsidiary 598 — — Perpetual securities redeemed from a related company 4,594 — — Acquisition of AMTD Digital from immediate holding company and fellow subsidiaries (ii)(d) — 740,451 — Acquisition of AMTD Assets from immediate holding company (ii)(e) — — 268,000 Disposal of financial assets at fair value through profit or loss to immediate holding company (ii)(f) — — 80,155 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 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 2021, the transaction represented the acquisition of an unlisted equity investment from a fellow subsidiary. c. The transactions represented the disposal of financial assets at fair value through profit or loss to a related company based on the fair value as of the date of disposal. The gain on disposal amounted to US 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. e. In 2023, the Group acquired 100% interest in AMTD Assets from the immediate holding company at a consideration of f. In 2023, the Group disposed a financial assets at fair value through profit or loss to the immediate holding company at a consideration of US$80,155. (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 million million prior (iv) The transaction represented the interest income charged at 2% per annum on the outstanding amount due from the immediate holding company which was payable on demand. (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 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, 2022 and 2023, the gross carrying amount on amount due from immediate holding company is US$275,127, US$287,178 and US$1,057,007 respectively, which bears interest at 2% per annum and are unsecured and repayable on demand. The impairment loss provided under expected credit loss model as of December 31, 2021, 2022 and 2023 is nil, nil and US$4,988, respectively. The Group did not have any outstanding balances with its fellow subsidiaries. (ii) As of December 31, 2023, the amount due to a non-controlling (iii) non-interest non-controlling . (C) Compensation of key management personnel of the Group: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Short-term employee benefits 2,885 4,255 1,459 Other long-term benefit 7 13 6 2,892 4,268 1,465

Fair Value and Fair Value Hiera

Fair Value and Fair Value Hierarchy of Financial Instruments	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [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: Fair values As of December 31, 2021 2022 2023 US$ US$ US$ Financial assets Financial assets at fair value through profit or loss 357,352 195,337 79,607 Derivative financial asset 124,404 185,069 — 481,756 380,406 79,607 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 and bank borrowings, 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, 2022 and 2023, 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 asset in relation 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 There is no change in valuation technique and basis of significant unobservable input on Level 3 financial assets and derivative financial asset as of December 31, 2021, 2022 and 2023. Below is summary of significant unobservable inputs to valuation of financial instruments as of December 31, 2023: Valuation technique Significant Range or estimate Unlisted equity investment Investment E Multiple/ EVA Equity volatility 69.60% Movie income right investments Income approach Discount rate 10.40%-12.59% Below is summary of significant unobservable inputs to valuation of financial instruments as of December 31, 2022: Valuation technique Significant input Range or estimate Unlisted equity investment Investment D Net asset value method Net asset value Note (a) Unlisted equity investment Investment E Multiple/ EVA Equity volatility 69.60% Movie income right investments Income approach Discount rate 10.40%-12.59% Derivative financial asset MCS Volatility of Underlying Assets 49.78% Below is summary of significant unobservable inputs to valuation of financial instruments as of December 31, 2021: Valuation technique Significant unobservable input Range or estimate Unlisted equity investment Investment D Net asset value method Net asset value Note (a) Unlisted equity investment Investment H Multiple/ EVA Equity volatility 75.29% Median Forward P/E multiple of peers 2.10 Unlisted equity investment Investment I Multiple/ EVA Equity volatility 48.52% Median Forward P/E multiple of peers 18.97 Unlisted equity investment Investment J Multiple/ EVA Average P/E multiple of peers 61.29 Discount of lack of marketability 45% Derivative financial assets in relation to the Agreements MCS Volatility of Underlying Assets 35.95% Derivative financial liability Binomial option pricing model Volatility 46.21% Discount rate 12.52% Note: (a) The fair value is derived from the net asset value of Investment D 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 D 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) Recent (Level 2) Significant (Level 3) Total US$ US$ US$ US$ As of December 31, 2021 Financial assets at fair value through profit or loss 135,373 2,761 219,218 357,352 Derivative financial asset — — 124,404 124,404 135,373 2,761 343,622 481,756 As of December 31, 2022 Financial assets at fair value through profit or loss 110,474 4,335 80,528 195,337 Derivative financial asset — 17,681 167,388 185,069 110,474 22,016 247,916 380,406 As of December 31, 2023 Financial assets at fair value through profit or loss 72,053 1,813 5,741 79,607 The movements in fair value measurements within Level 3 during the years are as follow: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Unlisted equity shares at fair value through profit or loss: At January 1, 38,681 219,219 80,528 Addition 20,930 21,712 — Disposal (25,289 ) (45,404 ) (25,539 ) Transfer 143,689 1,491 4,118 Derecognition upon acquisition of subsidiaries — (162,747 ) (66,190 ) Receipt of investment return — (2,680 ) — Total 41,208 49,267 12,804 Exchange realignment — (330 ) 20 At December 31, 219,219 80,528 5,741 For the year ended December 31, 2021 2022 2023 US$ US$ US$ Derivative financial assets in relation to the Agreement (Note 14): At January 1, 132,080 124,404 167,388 Net fair value (loss)/gains recognized in profit or loss (6,947 ) 44,461 34,234 Gain related to disposed investment — 486 — Settlement — (1,963 ) (201,411 ) Exchange realignment (729 ) — (211 ) At December 31, 124,404 167,388 — For the year ended December 31, 2021 2022 2023 US$ US$ US$ Derivative financial liability (Note 26): At January 1, 1,662 1,764 — Net fair value changes recognized in profit or loss — (1,704 ) — Converted into class A shares — (55 ) — Exchange alignment 102 (5 ) — At December 31, 1,764 — —

Share-Based Compensation

Share-Based Compensation	12 Months Ended
Share-Based Compensation	Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation	32. 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 yea r 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 one-third two-year The non-vested non-vested non-vested non-vested consideration. The aggregate fair value of the restricted shares and RSUs at grant date was US$737 and US$258 for the year ended December 31, 2022 and 2023, respectively. 5,847 RSUs and 5,847 RSUs were vested during the year ended December 31, 2022 and 2023, respectively. The share-based payment expense amounted to US$205 and US$207 was recognized in the consolidated financial statements during the year ended December 31, 2022 and 2023, respectively. As of December 31, 2022 and 2023, there was US$229 and US$50, respectively, unrecognized compensation cost related to non-vested

Acquisitions of Subsidiaries

Acquisitions of Subsidiaries	12 Months Ended
Acquisitions of Subsidiaries	Dec. 31, 2023
Business Combinations [Abstract]
Acquisitions Of Subsidiaries	33. ACQUISITIONS OF SUBSIDIARIES (a) Acquisition during year ended December 31, 2023 (i) Acquisition of AMTD Assets In August 2022, the Group had entered into certain agreements pursuant to which the Group acquired 96.1% of the equity interest in AMTD Assets, which holds a global portfolio of premium whole building properties, from AMTD Group at a consideration, which was agreed to settle by 30,875,576 Class B ordinary shares of the Company (“Consideration Shares”) at agreed share price of US$8.68 per share of the Company for the Group’s expansion to hotel operations, hospitality and VIP services business. Following the completion of the above transaction, the Company injected AMTD Assets into AMTD Digital at the same consideration. The transaction was completed and AMTD Assets was consolidated by the Group since February 6, 2023 based on business combination under common control using predecessor accounting. The difference between the consideration and the net asset value of AMTD Assets, amounting to approximately US$275,154, was recorded in capital reserve within the consolidated statement of changes in equity. The Consideration Shares were settled by treasury shares of the Company with repurchase price of US$268,000. No acquisition-related cost has been recognized as an expense for the year ended December 31, 2023. Assets acquired and liabilities recognized at the date of acquisition US$ Interests in joint ventures 24,726 Property, plant and equipment 135,592 Cash and bank balances 3,860 Accounts receivable 527 Prepayments, deposits and other receivables 20,365 Amount due from a non-controlling 637 Account payable (311 ) Accruals and other payables (2,269 ) Bank borrowings (50,849 ) Amount due to a non-controlling (53,464 ) Amount due to AMTD Group (81,968 ) (3,154 ) Reserve arising on acquisition: US$ Consideration transferred 268,000 Plus: non-controlling interests of AMTD Digital (1,019 ) Plus: non-controlling (336 ) Plus: non-controlling 5,355 Less: recognized amounts of net liabilities acquired 3,154 275,154 Net cash inflow on acquisition of AMTD Assets US$ Cash consideration paid — Add: cash and cash equivalent balances acquired 3,860 3,860 (ii) Acquisition of The Art Newspaper SA During the year ended December 31, 2023, the Company acquired 100% equity interest of The Art Newspaper SA, a limited company incorporated in Switzerland. The consideration of the acquisition was paid by cash amounting to US$2,540, 8,688,525 shares of the Company and 380,065 shares of AMTD Digital as well as a bonus element of EUR2,888,888 which will be settled by the shares of the Company on the 540th day following the completion of acquisition. The total consideration is approximately US$16,831. The transaction was completed and The Art Newspaper SA became a consolidated subsidiary of the Company since October 20, 2023 using acquisition accounting. As of end of the reporting period, the initial recognition and measurement of intangible assets acquired has not been completed. Accordingly, the purchase price allocation and accounting of the acquisition is not complete and on a provisional basis. Those provisional amounts may be adjusted during the measurement period or additional assets or liabilities are recognized, to reflect new information obtained about facts and circumstances that existed at the acquisition date that, if known, would have affected the amounts recognized at that date. No acquisition-related cost has been recognized as an expense for the year ended December 31, 2023. Consideration transferred US$ Cash 2,540 Ordinary shares of the Company 5,607 Ordinary shares of AMTD Digital 5,607 Other consideration payable 3,077 Net assets acquired 16,831 Assets acquired and liabilities recognized at the date of acquisition US$ Cash and bank balances 27 Accounts receivable 674 Prepayments, other receivables and deposits 301 Property, plant and equipment 333 Intangible assets 25,392 Accounts payables (402 ) Other payables and accruals (2,068 ) Bank borrowings (37 ) Deferred tax liabilities (2,920 ) Net assets acquired 21,300 The gross contractual amounts of accounts and other receivables as of the date of acquisition amounted to US$975. No accounts receivable and other receivables were expected to be uncollectible. Gain arising on acquisition: US$ Recognized amounts of net payable assets acquired 21,300 Less: consideration paid/payable (16,831 ) 4,469 Bargain purchase gain amounting to US$4,469 acquisition of The Art Newspaper SA is recognized in profit or loss within the other gain line item in the consolidated statement of profit or loss and other comprehensive income. The transaction resulted in a bargain purchase gain, reflecting the financial and operating conditions of the acquiree at the time of acquisition and our competitive bargaining strategy over the seller. Net cash outflow on acquisition of The Art Newspaper SA US$ Cash consideration paid (2,540 ) Less: cash and cash equivalents balances acquired 27 (2,513 ) Impact of acquisition on the results of the Group Included in the consolidated profit for the year ended December 31, 2023 is the profit of US$ attributable to the business generated by The Art Newspaper SA. Revenue for the year ended December 31, 2023 includes US$ million generated from the acquisition. Had the acquisition of The Art Newspaper SA been completed on January 1, 2023, revenue for the year of the Group would have been US$135 million, and profit for the year would have been US$152.4 million. The pro forma information is results of the operations of the Group that actually would have been achieved had the acquisition been completed on January 1, 2023, nor is it intended to be a projection of future events. (b) Acquisition during the year ended December 31, 2022 (i) 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 US$774,197, was recorded in capital reserve within the statement of changes in equity. Consideration transferred US$ Fair value of previously held equity interest 162,747 Ordinary shares of the Company 992,645 1,155,392 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 US$ Intangible assets 4,808 Goodwill 7,509 Property, plant and equipment 18 Other assets 1,753 Cash and bank balances 13,051 Accounts receivable 7,519 Prepayments, deposits and other receivables 35,581 Due from immediate holding company 317,991 Financial assets at fair value through profit or loss 21,199 Account payable (1,119 ) Accruals and other payables (8,647 ) Tax payable (3,611 ) Deferred tax liabilities (762 ) Total identifiable net assets 395,290 Reserve arising on acquisition: US$ Consideration transferred 1,155,392 Plus: non-controlling 11,427 Plus: non-controlling interests of AMTD Digital’s subsidiaries 2,668 Less: recognized amounts of net assets acquired (395,290 ) 774,197 Net cash inflow on acquisition of AMTD Digital: US$ Cash consideration paid — Add: cash and cash equivalent balances acquired 13,051 13,051 (ii) Acquisition of L’Officiel The Company acquired 100% equity interest of L’Officiel. The cash consideration amounted to US$62,800. The transaction was completed on April 20, 2022 and accounted for using acquisition accounting. Consideration transferred US$ Cash 62,800 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 US$ Cash and bank balances 247 Restricted cash 477 Accounts receivable 1,855 Prepayments, other receivables and deposits 2,745 Intangible assets 92,294 Accounts payables (11,489 ) Other payables and accruals (11,033 ) Provisions (4,094 ) Bank borrowings (585 ) Deferred tax liabilities (2,769 ) Net assets acquired 67,648 The fair values and gross contractual amounts of accounts receivable and other receivables at the date of acquisition amounted to of US$1,855 and US$2,492, respectively. No accounts receivable and other receivables were expected to be uncollectible. Gain arising on acquisition: US$ Recognized amounts of net assets acquired 67,648 Less: consideration paid (62,800 ) 4,848 Bargain purchase gain amounting to US$4,848 on acquisition of L’Officiel is recognized in profit or Net cash outflow on acquisition of L’Officiel US$ Cash consideration paid (62,800 ) Less: cash and cash equivalents balances acquired 247 (62,553 ) Impact of acquisition on the results of the Group Included in the consolidated profit for the year ended December 31, 2022 is the profit of US$ million attributable to the business generated by L’Officiel. Revenue for the year ended December 31, 2022 includes US$ million generated from the acquisition. Had the acquisition of L’Officiel been completed on January 1, 2022, revenue for the year of the Group would have been US$177.0 million, and profit for the year would have been US$159.0 million. The pro forma information is

Pending Claims and Litigation

Pending Claims and Litigation	12 Months Ended
Pending Claims and Litigation	Dec. 31, 2023
Pending Claims And Litigation [Abstract]
Pending Claims and Litigation	34. PENDING CLAIMS AND LITIGATION The Group is subject to periodic legal or administrative proceedings in the ordinary course of business. Such proceedings are reviewed with the Group’s legal advisors. The Group does not believe that any pending legal proceeding to which the Group is a party will have a material effect on its business, results of operations or cash flows.

Approval of Consolidated Financ

Approval of Consolidated Financial Statements	12 Months Ended
Approval of Consolidated Financial Statements	Dec. 31, 2023
Disclosure Of Information About Approval Of Consolidated Financial Statements [Abstract]
Approval of Consolidated Financial Statements	3 5 APPROVAL OF CONSOLIDATED FINANCIAL STATEMENTS The consolidated financial statements were approved and authorized for issue by the Board of Directors on May 13, 2024.

Basis of Presentation (Policies

Basis of Presentation (Policies)	12 Months Ended
Basis of Presentation (Policies)	Dec. 31, 2023
Accounting Policies [Abstract]
Recent accounting pronouncements	Recent accounting pronouncements The Company considers the applicability and impact of all accounting standards updates (“ASUs”). Management periodically reviews new accounting standards that are issued. In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses (Topic 326), which requires entities to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. This replaces the existing incurred loss model and is applicable to the measurement of credit losses on financial assets measured at amortized cost. ASU 2016-13 was subsequently amended by ASU 2018-19, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, ASU 2019-04 Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments, and ASU 2019-05, Targeted Transition Relief. In November 2019, the FASB issued ASU 2019-10, which extends the effective date for the adoption of ASU 2016-13. In November 2019, the FASB issued ASU 2019-11 to clarify its new credit impairment guidance in ASU 326. Accordingly, for public entities that are not smaller reporting entities, ASU 2016-13 and its amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. For all other entities, this guidance and its amendments will be effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. As an emerging growth company, the Company adopted this guidance on January 1, 2023 and the adoption of this ASU did not have a material impact on its consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework Changes to the Disclosure Requirements for Fair Value Measurement” (“ASU 2018-13”). ASU 2018-13 modifies the disclosure requirements on fair value measurements. ASU 2018-13 is effective for all entities for fiscal years and interim periods within those fiscal years beginning after December 15, 2019, with early adoption permitted for any removed or modified disclosures. The removed and modified disclosures were adopted on a retrospective basis and the new disclosures were adopted on a prospective basis. The Company adopted this guidance on date of initial adoption and the adoption of this ASU did not have a material impact on its consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740)—Simplifying the Accounting for Income Taxes. ASU 2019-12 is intended to simplify accounting for income taxes. It removes certain exceptions to the general principles in Topic 740 and amends existing guidance to improve consistent application. ASU 2019-12 is effective for fiscal years beginning after December 15, 2020 and interim periods within those fiscal years, with early adoption permitted. The Company adopted this guidance on January 1, 2021 and the adoption of this ASU did not have a material impact on its consolidated financial statements.
Basis of consolidation	Basis of consolidation The consolidated financial statements include the financial statements of the Company and its subsidiaries for the years ended December 31, 2021, 2022 and 2023. 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 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
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. At the acquisition date, the identifiable assets acquired and the liabilities assumed are recognized at their fair value, except that: • deferred tax assets or liabilities, and assets or liabilities related to employee benefit arrangements are recognized and measured in accordance with relevant guidance; • liabilities or equity instruments related to share-based payment arrangements of the acquiree or share-based payment arrangements of the Group entered into to replace share-based payment arrangements of the acquiree are measured in accordance with relevant guidance; • assets (or disposal groups) that are classified as held for sale are measured in accordance with that standard; and • lease liabilities are recognized and measured at the present value of the remaining lease payments as if the acquired leases were new leases at the acquisition date, except for leases for which the lease terms ends within 12 months of the acquisition date. Right-of-use 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
Business combinations under common control	Business combinations under common control 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 within the unaudited interim condensed consolidated statements of changes in equity.
Investments in joint ventures	Investments in joint ventures A joint venture is a type of joint arrangement whereby the parties that have joint control of the arrangement have rights to the net assets of the joint venture. Joint control is the contractually agreed sharing of control of an arrangement, which exists only when decisions about the relevant activities require the unanimous consent of the parties sharing control. The Group’s investment in joint ventures are stated in the consolidated statement of financial position at cost and the Group’s share of net assets under the equity method of accounting, less any impairment losses. The financial statements of joint ventures used for equity accounting purposes are prepared using uniform accounting policies as those of the Group for similar transactions and events in similar circumstances. Appropriate adjustments have been made to conform the joint venture’s accounting policies to those of the Group. The Group’s share of the post-acquisition results and other comprehensive income of joint ventures is included in the consolidated statement of profit or loss and other comprehensive income, respectively. Changes in net assets of joint venture other than profit or loss and other comprehensive income are not accounted for unless such changes resulted in changes in ownership interest held by the Group. When the Group’s share of losses of a joint venture exceeds the Group’s interest in that joint venture exceeds the Group’s interest in that joint venture, the Group discontinues recognizing its share of further losses. Additional losses are recognized only to the extent that the Group has incurred legal or constructive obligations or made payments on behalf of the joint venture. On acquisition of the investment in a joint venture, any excess of the cost of the investment over the Group’s share of the net fair value of the identifiable assets and liabilities of the investee is recognized as goodwill, which is included within the carrying amount of the investment. Any excess of the Group’s share of the net fair value of the identifiable assets and liabilities over the cost of the investment, after reassessment, is recognized immediately in profit or loss in the period in which the investment is acquired. Impairments of investments in joint ventures are recognized only if the impairment are other than temporary. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity that would justify the carrying amount of the investment. A fair value of investments in joint ventures that is less than its carrying amount may indicate a loss in investments in joint ventures. An impairment loss of investments in joint ventures that is other than a temporary decline is recognized to profit or loss and such impairment loss cannot be reversed subsequently. When a group entity transacts with a joint venture of the Group, profits and losses resulting from the transactions with the joint venture are recognized in the Group’s consolidated financial statements only to the extent of interests in the joint venture that are not related to the Group.
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, right-of-use right-of-use The Group performs an initial qualitative assessment before proceeding with the quantitative test on goodwill and indefinite life intangible asset. If the Group concludes, based on qualitative assessment, that it is not more likely than not that a reporting unit that goodwill allocated to or indefinite life intangible assets is impaired, then the Group is not required to perform a quantitative test for that reporting unit or indefinite life intangible assets. Intangible assets with indefinite life are estimated individually. An impairment loss for an indefinite life intangible asset is recognized if the fair value of the asset is less than the asset’s carrying amount. Goodwill is allocated to those reporting units which are operating segments or one level below the operating segment level (component level), if it constitutes a business for which discrete financial information is available and segment management regularly reviews the operating results of that segment. Goodwill is impaired if the carrying amount of the reporting unit to which it is allocated exceeds the fair value of the reporting unit. An impairment is the excess of the reporting unit’s carrying amount over its fair value. Corporate assets are not allocated to asset groups in testing long-lived assets for impairment. An additional high-level of asset group is identified (which may be at the entity level), which is tested for impairment after the related lower-level assets groups have been tested. An impairment loss is not reversed if the fair value of the impaired asset or asset group increase subsequently.
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 management personnel services to the Group or to the parent of the Group.
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: Hotel property Over the shorter of the useful life of 40 years and the remaining lease term Furniture and fixtures 20% Computer equipment 33 1 3 Where parts of an item of property, plant and equipment have different useful lives, the 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.
Leases	Leases The Group assesses at contract inception whether a contract is, or contains, 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 or arising from business combinations, the Group assesses whether a contract is or contains a lease 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. Group as a lessee Allocation of consideration to components to a lease For a contract that contains a lease component and one or more additional lease or non-lease non-lease Non-lease (a) Right-of-use For both finance and operating leases, the right-of-use asset (“ROU”) is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date, plus any initial direct costs incurred and an estimate of costs to dismantle and remove the underlying asset or to restore the underlying asset or the site on which it is located, less any lease incentives received. For finance leases, the ROU asset is subsequently amortized on a straight-line basis, over the shorter of the lease term or the useful life of the ROU asset. For operating leases, the ROU asset is subsequently measured throughout the lease term at the carrying amount of the lease liability, plus initial direct costs, plus (minus) any prepaid (accrued) lease payments, less the unamortized balance of lease incentives received. The Group presents right-of-use (b) Lease liabilities Lease liabilities are recognized at the commencement date of the lease at the present value of lease payments to be made over the lease term. The lease payments include fixed payments (including in-substance The lease term is determined as the non-cancellable In calculating the present value of lease payments, the Group uses its incremental borrowing rate at the lease commencement date because the interest rate implicit in the lease is not readily determinable. After the commencement date, the amount of lease liabilities is increased to reflect the accretion of interest and reduced for the lease payments made. In addition, the carrying amount of lease liabilities is remeasured if there is a modification including a change in the lease term and a change in lease payments (e.g., a change to future lease payments resulting from a change in an index or rate) or a change in assessment of an option to purchase the underlying asset.
Intangible assets (other than goodwill)	Intangible assets (other than goodwill) 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 The Group’s financial assets are classified into financial assets at fair value through profit or loss and loans and receivables. The classification depends on nature and purpose of financial assets and is determined at the time of initial recognition. Financial assets at fair value through profit or loss Equity investments are generally measured at fair value with changes in fair value recognized through profit or loss. Loans and receivables Loans and receivables are classified as either held-for-sale or held-for-investment. When the Group holds an originated or purchased loans or receivables for which it has the intent and ability to hold for the foreseeable future or to maturity or payoff, the loans or receivables should be classified as held-for-investment. Loans and receivables held-for-investment are measured at their amortized cost. If the Group intends to sell loans or receivables, the loans or receivables should be classified as held for sale. Loans and receivables classified as loans held for sale are measured at the lower of cost or fair value, or carried at fair value if the fair value option is elected. 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 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. This category includes 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 Financial assets are derecognized when the Group surrenders control over those assets. The Group has surrendered control over transferred assets only if all the following conditions are met. • Legal control: The transferred assets is isolated from the Group, i.e. put legally beyond the reach of the Group. • Actual control: (i) the transferee has the right to pledge or exchange the assets (or beneficial interests) that it received; and (ii) no condition both (a) constrains the transferee from taking advantage of its right to pledge or exchange and (b) provides more than a trivial benefit to the Group. • Effective control: The Group does not maintain effective control over the transferred financial assets or third party beneficial interests related to those transferred assets. In derecognizing a transferred financial assets, a gain or loss is recognized based on the difference between the carrying amount of the financial assets of the carrying amount and the sum of the proceeds received for the asset or the participating interest derecognized.
Impairment of financial assets	Impairment of financial assets The Group utilizes the expected credit losses (“ECL”) model to determine an allowance that reflects its best estimate of the expected credit losses on accounts receivable, prepayments, deposits and other receivables which is recorded as a liability to offset the receivables. The ECL model is prepared after considering historical experience, current conditions, and reasonable and supportable economic forecasts to estimate expected credit losses. Accounts receivable, prepayments, deposits and other receivables are written off when deemed uncollectible. Recoveries of receivables previously written off are recorded as a reduction of bad debt expense. The Group uses simplified flow rate matrix approach to estimate expected credit losses for the accounts receivable. The allowance for credit loss is estimated for accounts receivable that share similar risk characteristics based on a collective assessment using a combination of measurement models and management judgment. The approach considers factors including historical aging schedule and forward-looking macroeconomic conditions. The allowance for expected credit loss is disclosed accordingly in the relevant notes. General approach The ECL model is based on a single measurement approach of full lifetime ECL throughout the life of an instrument. 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. 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. ECL for trade receivables 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 the constituents of each group continue to share similar credit risk characteristics. 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 recognizes an impairment gain or loss in profit or loss for all financial instruments by adjusting their carrying amount, with the exception of trade receivables from contracts with customers where the corresponding adjustment is recognized through a loss allowance account.
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 (warrants and 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 canceled, 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.
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 with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument.
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
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.
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.
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. 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 from 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 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, 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. 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 income (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. Revenue recognition (continued) Digital solutions and other service income (continued) (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 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 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, arts and luxury media advertising and marketing services Fashion, arts and luxury media advertising and marketing services income is composed of fashion, arts and luxury magazines and advertising service income and fashion, arts and luxury media licensing and marketing services income. The Group distributes of fashion, arts and luxury publications. The Group also provides advertising services on fashion, arts 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, arts 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 90 days to its customers. Hotel operations, hospitality and VIP services The Group provides accommodations and other ancillary services to hotel guests. Revenue of hotel operations, hospitality and VIP services are recognized over time by reference to the progress towards complete satisfaction of the relevant performance obligation, as the hotel guest simultaneously receives and consumes the benefits provided by the Group’s performance as the Group performs. A contract liability represents the Group’s obligation to transfer services to a customer for which the Group has received consideration (or an amount of consideration is due) from the customer. 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. 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 Retirement benefit cost 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. 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 recognized at the undiscounted amount of the benefits expected to be paid as and when employees rendered the services. All short-term employee benefits are recognized as an expense. A liability is recognized for benefits accruing to employees (such as wages and salaries) after deducting any amount already paid.
Foreign currencies	Foreign currencies These financial statements are presented in US$. 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

Corporate Information (Tables)

Corporate Information (Tables)	12 Months Ended
Corporate Information (Tables)	Dec. 31, 2023
Business Description [Abstract]
Schedule of Company's Principal Subsidiaries	Particulars of the Company’s principal subsidiaries are as follows: Name Place of Issued and capital# Percentage of equity and voting rights Principal activities 2021 2022 2023 Direct Indirect Direct Indirect Direct Indirect AMTD International Holding Group Limited) (“AMTD IHG”) Hong Kong HK$500,000 100 % — 100 % — 100 % — Investment holding AMTD Strategic Investment Limited HK HK$1 — 100 % — 100 % — 100 % Strategic investment AMTD Overseas Limited HK HK$1 — 100 % — 100 % — 100 % Strategic investment AMTD Investment Inc. Cayman Islands US$1 100 % — 100 % — 100 % — Investment holding AMTD Strategic Investment (BVI) Limited BVI US$1 — 100 % — 100 % — 100 % Investment holding AMTD IDEA International Limited BVI US$1 — 100 % — 100 % — 100 % Investment holding L’Officiel Inc. SAS (“L’Officiel”) France EUR6,960,100 — — — 100 % — 97.1 % Investment holding and provision of fashion and luxury media advertising, art and marketing services The Art Newspaper SA Switzerland CHF1,400,000 — — — — — 97.1 % Investment holding and provision of fashion, arts and luxury media advertising and marketing services AMTD Digital Inc. (“AMTD Digital”)* Cayman Islands US$7,658 — — 84.9 % — 85.2 % — Investment holding AMTD Risk Solutions Group Limited HK HK$500,000 — — — 84.9 % — 85.2 % Provision of digital solutions and other services Name Place of Issued and Percentage of equity and voting rights Principal activities 2021 2022 2023 Direct Indirect Direct Indirect Direct Indirect AMTD Assets Group (“AMTD Assets”)* Cayman Islands US$10,410 — — — — — 81.9 % Investment holding AMTD World Media and Entertainment Group Cayman Islands US$182,839,871 — — — 84.9 % 97.1 % — Provision of media and entertainment business and investment holding * During the year ended December 31, 2022 and 2023, the Company acquired AMTD Digital and AMTD Assets, respectively, and became subsidiary of the Group. Since the Group, AMTD Digital and AMTD Assets are under common control of AMTD Group, the acquisition of AMTD Digital and AMTD Assets has been accounted for as business combination under common control which has been detailed in Note 2. # All amounts in dollars in this note only. The consolidated financial statements have been prepared on a historical cost basis, except for financial assets at fair value through profit or loss, derivative financial assets and derivative financial liability which are measured at fair value. The consolidated financial statements are presented in United States Dollars (“US$”) unless otherwise stated.

Basis of Presentation (Tables)

Basis of Presentation (Tables)	12 Months Ended
Basis of Presentation (Tables)	Dec. 31, 2023
Basis Of Presentation And Significant Accounting Policies [Abstract]
Summary of Principal Annual Rates	The principal annual rates used for this purpose are as follows: Hotel property Over the shorter of the useful life of 40 years and the remaining lease term Furniture and fixtures 20% Computer equipment 33 1 3

Operating Segment Information (

Operating Segment Information (Tables)	12 Months Ended
Operating Segment Information (Tables)	Dec. 31, 2023
Segment Reporting [Abstract]
Summary of Information by Segment with Prior Period Segment Information	Segment revenue and results The following tables present information by segment, with prior period segment information retrospectively recast to conform to current period presentation: For the year ended December 31, 2021 Capital US$ Strategic US$ Total US$ Segment revenue Revenue —from contract with customers 87,535 — 87,535 —others — 92,280 92,280 87,535 92,280 179,815 Segment results 85,708 92,280 177,988 Unallocated other income 16,149 Unallocated finance costs (1,650 ) Corporate and other unallocated expenses (21,248 ) Profit before tax 171,239 Other segment information Depreciation 6 For the year ended December 31, 2022 Capital market Digital Media and Strategic Total US$ US$ US$ US$ US$ Segment revenue Revenue —from contract with customers 74,305 23,440 7,620 — 105,365 —others — — — 69,806 69,806 74,305 23,440 7,620 69,806 175,171 Segment results 72,140 21,299 2,725 69,806 165,970 Unallocated other income 18,063 Unallocated other gain 19,598 Unallocated finance costs (859 ) Unallocated net changes in fair value on derivative financial liability 1,704 Corporate and other unallocated expenses (30,605 ) Profit before tax 173,871 Other segment information Depreciation and amortization 738 For the year ended December 31, 2023 Capital market Digital Media and Hotel Strategic Total US$ US$ US$ US$ US$ US$ Segment revenue Revenue —from contract with customers — 13,469 14,474 10,301 — 38,244 —others — — — — 92,670 92,670 — 13,469 14,474 10,301 92,670 130,914 Segment results (1,276 ) 9,126 3,239 2,106 92,670 105,865 Unallocated other income 22,942 Unallocated other gain 68,797 Unallocated finance costs (8,199 ) Corporate and other unallocated expenses (31,708 ) Profit before tax 157,697 Other segment information Depreciation and amortization 2,623
Summary of Segment Assets and Liabilities	Segment assets and liabilities As of December 31, 2021 2022 2023 US$ US$ US$ Segment assets Capital market solutions 30,467 10,429 — Digital solut ions and — 23,691 1,480 Media and entertainment — 93,754 126,028 Hotel operations, hospitality and VIP services — — 85,495 Strategic investment 481,757 380,407 79,607 Total segment assets 512,224 508,281 292,610 Unallocated corporate assets 345,469 552,442 1,193,980 Total assets 857,693 1,060,723 1,486,590 Segment liabilities Digital solutions and other services 19,965 2,324 15,621 Media and entertainment — 23,270 27,361 Hotel operations, hospitality and VIP services — — 106,742 Total segment liabilities 19,965 25,594 149,724 Unallocated corporate liabilities 95,213 32,715 43,292 Total liabilities 115,178 58,309 193,016
Summary of Revenue from Contract with Customers by Geographical Areas Based	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, 2021 Total US$ China (including Hong Kong) 87,050 Others 485 87,535 For the year ended December 31, 2022 Capital Digital Media and Total US$ US$ US$ US$ China (including Hong Kong) 74,305 23,253 — 97,558 Europe — — 2,461 2,461 America — — 4,090 4,090 Others — 187 1,069 1,256 74,305 23,440 7,620 105,365 For the year ended December 31, 2023 Capital markets solutions Digital solutions and other services Media and Hotel Total US$ US$ US$ US$ US$ China (including Hong Kong) — 13,469 — 5,132 18,601 Europe — — 6,582 — 6,582 America — — 5,250 5,169 10,419 Others — — 2,642 — 2,642 — 13,469 14,474 10,301 38,244

Revenue, Other Income and Oth_2

Revenue, Other Income and Other Gain (Tables)	12 Months Ended
Revenue, Other Income and Other Gain (Tables)	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Analysis of Revenue	An analysis of revenue is as follows: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Revenue from contracts with customers Capital market solutions Underwriting commission 3,737 12,070 — Financial advisory fee 73,072 54,614 — Management fee and performance-based incentive fee 7,362 2,144 — Brokerage and handling fees 3,262 5,403 — Others 102 74 — 87,535 74,305 — Digital solutions and other services Insurance brokerage services commission — 1,040 1,249 Digital solutions fees — 22,400 12,220 — 23,440 13,469 Media and entertainment Fashion, arts and luxury magazines and advertising services income — 3,608 11,031 Fashion, arts and luxury media licensing and marketing services income — 4,012 3,443 — 7,620 14,474 For the year ended December 31, 2021 2022 2023 US$ US$ US$ Hotel operations, hospitality and VIP services Hotel operations, hospitality and VIP services income — — 10,301 Revenue from other sources Strategic investments Dividend income 6,266 6,412 9,935 Gain related to disposed investments 16,094 22,106 123,634 22,360 28,518 133,569 Net fair value changes on financial assets at fair value through profit or loss -from listed equity shares, at quoted price 6,947 (48,267 ) (40,927 ) -from unlisted equity shares and movie income right investments (note a) 69,920 27,658 28 Total net fair value changes on financial assets at fair value through profit or loss 76,867 (20,609 ) (40,899 ) Net fair value changes on derivative financial asset (6,947 ) 61,897 — 92,280 69,806 92,670 Total revenue 179,815 175,171 130,914 Note: (a) For the year ended December 2021, 2022 and 2023, net fair value gain arising from investments in equity securities of related parties are US$70,133, US$27,298 and nil, respectively .
Schedule of Present Disaggregated Revenue Information	The following tables present disaggregated revenue information: For the year ended December 31, 2021 Segments Capital Strategic Total US$ US$ US$ Revenue from contracts with customers Capital market solutions Underwriting commission 3,737 — 3,737 Financial advisory fee 73,072 — 73,072 Management fee and performance-based incentive fee 7,362 — 7,362 Brokerage and handling fee 3,262 — 3,262 Others 102 — 102 Sub-total 87,535 — 87,535 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — 76,867 76,867 Net fair value changes on derivative financial asset — (6,947 ) (6,947 ) Gain related to disposed investments — 16,094 16,094 Dividend income — 6,266 6,266 Total 87,535 92,280 179,815 Segments Capital US$ Timing of revenue recognition Services transferred at a point in time 80,142 Services transferred over time 7,393 Total revenue from contracts with customers 87,535 For the year ended December 31, 2022 Segments Capital Digital services Media and Strategic Total US$ US$ US$ US$ US$ Revenue from contracts with customers Capital market solutions Underwriting commission 12,070 — — — 12,070 Financial advisory fee 54,614 — — — 54,614 Management fee and performance-based incentive fee 2,144 — — — 2,144 Brokerage and handling fee 5,403 — — — 5,403 Others 74 — — — 74 Digital solutions and other services Insurance brokerage services — 1,040 — — 1,040 Digital solutions fees — 22,400 — — 22,400 Media and entertainment Fashion, arts and luxury magazines and advertising services income — — 3,608 — 3,608 Fashion, arts and luxury media licensing and marketing services income — — 4,012 — 4,012 Sub-total 74,305 23,440 7,620 — 105,365 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — — — (20,609 ) (20,609 ) Net fair value changes on derivative financial assets — — — 61,897 61,897 Gain related to disposed investment — — — 22,106 22,106 Dividend income — — — 6,412 6,412 Total 74,305 23,440 7,620 69,806 175,171 Segments Capital Digital Media and Total US$ US$ US$ US$ Timing of revenue recognition Services transferred at a point in time 72,161 1,040 3,608 76,809 Services transferred over time 2,144 22,400 4,012 28,556 Total revenue from contracts with customers 74,305 23,440 7,620 105,365 For the year ended December 31, 2023 Segments Capital Digital solutions Media and Hotel Strategic Total US$ US$ US$ US$ US$ US$ Revenue from contracts with customers Capital market solutions Financial advisory fee — — — — — — Digital solutions and other services Insurance brokerage services — 1,249 — — — 1,249 Digital solutions fee — 12,220 — — — 12,220 Media and entertainment Fashion, arts and luxury magazines and advertising services income — — 11,031 — — 11,031 Fashion, arts and luxury media licensing and marketing services income — — 3,443 — — 3,443 Hotel operations, hospitality and VIP services Hotel operations, hospitality and VIP services income — — — 10,301 — 10,301 Subtotal — 13,469 14,474 10,301 — 38,244 Revenue from other sources Strategic investment Net fair value changes on financial assets at fair value through profit or loss — — — — (40,899 ) (40,899 ) Gain related to disposed investment — — — — 123,634 123,634 Dividend income — — — — 9,935 9,935 Total — 13,469 14,474 10,301 92,670 130,914 Segments Capital Digital solutions Media and Hotel Total US$ US$ US$ US$ US$ Timing of revenue recognition Services transferred at a point in time — 1,249 11,031 10,301 22,581 Services transferred over time — 12,220 3,443 — 15,663 Total revenue from contracts with customers — 13,469 14,474 10,301 38,244
Schedule of Amount of Revenue Recognized	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: As of December 31, 2021 2022 2023 US$ US$ US$ Revenue recognized that was included in contract liabilities at the beginning of the reporting period Capital market solutions 6,000 81 — Digital solutions services — — 895 6,000 81 895
Schedule of Digital Solutions Services	The transaction prices allocated to the remaining performance obligations of digital solutions services (unsatisfied or partially unsatisfied) as of December 31, 2021, 2022 and 2023 are as follows: For digital solutions services As of December 31, 2021 2022 2023 US$ US$ US$ Within one year — 26,138 — More than one year — 12,953 — — 39,091 —
Schedule of Other Income	B. Other income For the year ended December 31, 2021 2022 2023 US$ US$ US$ Bank interest income 2 2 4,178 Other interest income — 6,551 5,525 Interest income from the immediate holding company (Note 30(A)(iv)) (Note 30(B)(i)) 14,926 9,703 10,489 Government grant — 151 — Others 1,221 1,656 2,750 16,149 18,063 22,942

Other Operating Expenses (Table

Other Operating Expenses (Tables)	12 Months Ended
Other Operating Expenses (Tables)	Dec. 31, 2023
Other Income and Expenses [Abstract]
Schedule of Other Operating Expenses Included in Profit or Loss and Other Comprehensive Income	Other operating expenses included in the consolidated statements of profit or loss and other comprehensive income are as follows: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Other operating expenses Marketing and brand promotional expenses 77 2,554 4,410 Premises costs and office utilities —Premises costs 1,830 1,672 4,970 —Office utilities 1,006 1,167 417 2,836 2,839 5,387 Traveling and business development expenses 482 991 223 Commissions and bank charges 168 167 232 Office and maintenance expenses 7 3 274 Administrative service fee 3,130 3,806 4,597 Legal and professional related fees 3,172 9,414 5,631 Staff recruitment expenses 299 540 1,272 Others —Depreciation 6 12 1,766 —Amortization — 726 857 —Foreign exchange differences, net 124 252 225 —Other expenses 478 1,497 4,477 608 2,487 7,325 10,779 22,801 29,351

Staff Costs (Tables)

Staff Costs (Tables)	12 Months Ended
Staff Costs (Tables)	Dec. 31, 2023
Compensation Related Costs [Abstract]
Schedule of Compensation Related Costs	For the year ended December 31, 2021 2022 2023 US$ US$ US$ Salaries, bonuses and staff welfare 12,192 15,490 18,493 Pension scheme contributions (defined contribution schemes) 104 1,014 1,590 12,296 16,504 20,083

Finance Costs (Tables)

Finance Costs (Tables)	12 Months Ended
Finance Costs (Tables)	Dec. 31, 2023
Finance Cost Disclosure [Abstract]
Schedule of Finance Costs	An analysis of finance costs is as follows: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Interests on convertible bond 1,040 55 — Interests on bank borrowings 610 804 6,010 Interests on amount due to a non-controlling shareholder — — 2,140 Interests on lease liabilities — — 49 1,650 859 8,199

Income Tax Expense (Tables)

Income Tax Expense (Tables)	12 Months Ended
Income Tax Expense (Tables)	Dec. 31, 2023
Income Tax Disclosure [Abstract]
Schedule of Rates of Tax Applicable in Countries	Overseas tax is calculated at rates of tax applicable in countries in which the Group is assessable for tax: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Hong Kong profits tax Charge for the year 13,433 12,926 4,261 Overprovision in prior year — — (800 ) The People’s Republic of China withholding tax Charge for the year 626 641 993 Other jurisdictions Charge for the year — 80 — Deferred tax — (242 ) (140 ) 14,059 13,405 4,314
Schedule of Reconciliation of Tax Expense and Profit Before Tax	A reconciliation of tax expense and profit before tax at the Hong Kong statutory tax rate in which the Group’s major operating subsidiaries are domiciled is as follows: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Profit before tax 171,239 173,871 157,697 Tax at statutory tax rate of 16.5% 28,254 28,689 26,020 Tax effect of foreign tax jurisdictions — 34 108 Tax effect of two-tiered (21 ) (21 ) (21 ) Tax effect of non-taxable (12,328 ) (15,604 ) (31,954 ) Tax effect of distribution to perpetual securities holders that are deductible for tax purpose (2,669 ) (2,591 ) (1,412 ) Tax effect of non-deductible 202 2,265 4,743 Tax effect of unrecognized temporary difference (1 ) (1 ) — Overprovision in prior year — — (800 ) Tax effect of tax loss not recognized — — 6,637 Utilization of tax losses previously not recognized (4 ) (7 ) — Withholding tax on the dividend income 626 641 993 Income tax expense 14,059 13,405 4,314

Earnings Per Share Attributab_2

Earnings Per Share Attributable to Ordinary Equity Holders of the Parent (Tables)	12 Months Ended
	Dec. 31, 2023
Earnings Per Share [Abstract]
Schedule 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, 2021 2022 2023 Basic and diluted earnings per share: Numerator: Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (US$)-basic Class A 38,558 65,527 76,720 Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (US$)-basic Class B 102,487 76,206 57,716 Denominator: Weighted average number of Class A ordinary shares outstanding—basic 62,327,851 138,490,789 206,965,601 Weighted average number of Class B ordinary shares outstanding—basic 165,665,944 160,959,872 155,698,533 Basic earnings per share (US$) Class A 0.62 0.47 0.37 Basic earnings per share (US$) Class B 0.62 0.47 0.37

Accounts Receivable (Tables)

Accounts Receivable (Tables)	12 Months Ended
Accounts Receivable (Tables)	Dec. 31, 2023
Receivables [Abstract]
Summary of Accounts Receivables	As of December 31, 2021 2022 2023 US$ US$ US$ Receivable from capital market solutions services 11,097 10,466 — Commission receivable from insurance brokerage — 349 200 Receivable from digital solutions and other services — 10,496 — Receivable from hotel operations, hospitality and VIP services — — 111 Receivable from media and entertainment services — 2,757 5,214 11,097 24,068 5,525
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 2023 US$ US$ US$ Not yet due 9,498 22,796 3,075 Past due Within 1 month 7 932 530 1 to 3 months 663 198 974 Over 3 months 929 142 946 11,097 24,068 5,525
Summary of Accounts Receivables Past Due Analysis	Internal credit risk rating 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 (US$’000) — — 7,025 3,106 — 966 11,097 Internal credit risk rating As of December 31, 2022 AAA AA A BBB BB CCC Total Expected credit loss rate — — 0.15 % 0.27 % — — — Gross carrying amount (US$’000) — — 10,844 13,224 — — 24,068 Internal credit risk rating As of December 31, 2023 AAA AA A BBB BB CCC Total Expected credit loss rate — — — 0.30 % — — — Gross carrying amount (US$’000) — — — 5,525 — — 5,525

Prepayments, Deposits and Oth_2

Prepayments, Deposits and Other Receivables (Tables)	12 Months Ended
Prepayments, Deposits and Other Receivables (Tables)	Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Prepayments, Deposits and Other Receivables	As of December 31, 2021 2022 2023 US$ US$ US$ Consideration receivables on disposal of investments to independent third parties — 46,408 — Consideration receivable on disposal of subsidiaries to independent third parties (Note 5 C) — 44,885 10,000 Receivables from former subsidiaries — 24,020 — Prepayments 2,658 1,814 2,661 Deposits 66 115 337 Other receivables 87 7,482 3,939 Less: impairment loss provided under expected credit loss model — (501 ) (501 ) 2,811 124,223 16,436

Financial Assets at Fair Valu_2

Financial Assets at Fair Value Through Profit or Loss and Stock Loan (Tables)	12 Months Ended
	Dec. 31, 2023
Financial Assets at Fair Value Through Profit Or Loss And Stock Loan [Abstract]
Summary of Financial Assets at Fair Value Through Profit or Loss and Stock Loan	As of December 31, 2021 2022 2023 US$ US$ US$ Financial assets at fair value through profit or loss, other than financial asset at fair value through profit or loss under stock loan 330,248 173,589 66,290 Financial assets at fair value through profit or loss under stock loan 27,104 21,748 13,317 Total financial assets at fair value through profit or loss 357,352 195,337 79,607 Listed equity shares, at quoted price —Investment A 135,373 89,254 54,494 —Investment B — 21,219 17,558 —Investment C — 1 1 Total listed equity shares, at quoted price 135,373 110,474 72,053 Unlisted equity shares —Investment D 61,657 69,635 — —Investment E 1,481 1,492 1,517 —Investment F — 200 200 —Investment G — 288 288 —Investment H 11,056 — — —Investment I 2,816 — — —Investment J 143,689 — — —Investment K 1,280 — — Total unlisted equity shares 221.979 71,615 2,005 Movie income right investments — 13,248 5,549 357,352 195,337 79,607

Derivative Financial Asset (Tab

Derivative Financial Asset (Tables)	12 Months Ended
Derivative Financial Asset (Tables)	Dec. 31, 2023
Derivative Asset [Abstract]
Schedule of Derivative Financial Asset	As of December 31, Notes 2021 2022 2023 US$ US$ US$ Upside Participation and Profit Distribution Agreements (a ) 124,404 167,388 — Future Settlement Contract (b ) — 17,681 — 124,404 185,069 —
Schedule of Derivative Financial Asset in Accordance	The Agreements satisfied the definition of derivative financial asset in accordance with U.S. GAAP and were stated at fair value with any subsequent changes recognized in profit or loss. Net carrying US$ As of January 1, 2021 132,080 Changes in fair value during the year (6,947 ) Exchange realignment (729 ) As of December 31, 2021 124,404 Changes in fair value during the year 44,461 Partial settlement (1,963 ) Realized gain upon disposal 486 As of December 31, 2022 167,388 Realized in profit or loss during the year 34,234 Settlement (201,411 ) Exchange realignment (211 ) As of December 31, 2023 —

Cash and Bank Balances (Tables)

Cash and Bank Balances (Tables)	12 Months Ended
Cash and Bank Balances (Tables)	Dec. 31, 2023
Cash and Cash Equivalents [Abstract]
Schedule of Cash and cash equivalents	(a) Cash and cash equivalents As of December 31, 2021 2022 2023 US$ US$ US$ Cash and cash equivalents: —General bank accounts 67,494 138,297 120,234 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. The Group maintains most of its bank balances in Hong Kong dollars and US$. As Hong Kong dollars is currently pegged to US$, no significant foreign currency risk is considered.

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
Property, Plant and Equipment (Tables)	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Hotel Furniture Computer Right-of- Total US$ US$ US$ US$ US$ Cost: As of January 1, 2021 — 1 540 — 541 Exchange realignment — — (3 ) — (3 ) As of December 31, 2021 — 1 537 — 538 Additions — — 2 — 2 Additions from acquisition of subsidiaries — — 18 — 18 Disposal of subsidiaries — (1 ) (537 ) — (538 ) As of December 31, 2022 — — 20 — 20 Additions 15 — 57 219 291 Additions from acquisition of subsidiaries (Note 33(a)) 135,592 — 79 254 135,925 Disposal of subsidiaries (63,444 ) — (7 ) — (63,451 ) Exchange realignment (1,614 ) — 1 19 (1,594 ) As of December 31, 2023 70,549 — 150 492 71,191 Accumulated depreciation: As of January 1, 2021 — (1 ) (530 ) — (531 ) Charge for the year — — (6 ) — (6 ) Exchange realignment — — 8 — 8 As of December 31, 2021 — (1 ) (528 ) — (529 ) Charge for the year — — (12 ) — (12 ) Disposal of subsidiaries — 1 532 — 533 Hotel Furniture Computer Right-of- Total US$ US$ US$ US$ US$ At December 31, 2022 and January 1, 2023 — — (8 ) — (8 ) Charge for the year (1,621 ) — (25 ) (120 ) (1,766 ) Disposal of subsidiaries 623 — 5 — 628 Exchange realignment 11 — — (2 ) 9 As of December 31, 2023 (987) — (28 ) (122 ) (1,137 ) Carrying amount: As of December 31, 2021 — — 9 — 9 As of December 31, 2022 — — 12 — 12 As of December 31, 2023 69,562 — 122 370 70,054

Goodwill (Tablets)

Goodwill (Tablets)	12 Months Ended
Goodwill (Tablets)	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Total US$ Cost: As of January 1, 2021 and December 31, 2021 — Arising from acquisition of AMTD Digital 7,509 Exchange realignment 16 As of December 31, 2022 7,525 Disposal of subsidiaries (7,511 ) Exchange realignment (14 ) As of December 31, 2023 —

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
Intangible Assets (Tables)	Dec. 31, 2023
Intangible Assets [Abstract]
Schedule of Finite-Lived Intangible Assets	Archived Developed technology Brand names Securities trading licenses and trading right Total US$ US$ US$ US$ US$ Net carrying amount as of January 1, 2021 — — — 1,957 1,957 Exchange realignment — — — (11 ) (11 ) Net carrying amount as of December 31, 2021 — — — 1,946 1,946 Recognized upon acquisition of L’Officiel (Note 33(b)) 497 — 91,797 — 92,294 Recognized upon acquisition of AMTD Digital (Note 33(b)) — 4,632 176 — 4,808 Amortization during the period — (713 ) (13 ) — (726 ) Disposal of subsidiaries — — — (1,946 ) (1,946 ) Exchange realignment 3 6 582 — 591 Net carrying amount as of December 31, 2022 500 3,925 92,542 — 96,967 Recognized upon acquisition of The Art Newspaper SA (Note 33(a)) — — 25,392 — 25,392 Amortization during the year — (848 ) (9 ) — (857 ) Disposal of subsidiaries — (2,966 ) — — (2,966 ) Exchange realignment (1 ) (5 ) (107 ) — (113 ) Net carrying amount as of December 31, 2023 499 106 117,818 — 118,423

Interests in Joint Ventures (Ta

Interests in Joint Ventures (Tables)	12 Months Ended
Interests in Joint Ventures (Tables)	Dec. 31, 2023
Interests in Joint Ventures [Abstract]
Schedule of Interests in Joint Ventures	As of December 31, 2021 2022 2023 US$ US$ US$ Cost of investments in joint ventures — — (7,988 ) Due from joint ventures — — 23,810 — — 15,822
Schedule of Description in Material Joint Ventures	Details of material joint ventures as of December 31, 2023 are as follows: Name Place of Percentage of Principal activity DHI Holdings (S) Pte Ltd. Singapore 51 % Hotel operations, hospitality and VIP services
Schedule of the Financial Information of Joint Venture	The following As of US$ Total assets 201,025 Total liabilities (216,689 ) Net assets (15,664 ) Proportion of the Group’s ownership 51 % Group’s share of net assets of joint ventures (7,988 ) Due from joint ventures 23,810 Interests in joint ventures 15,822 Addition information of the joint ventures Cash and cash equivalents 3,516 Amounts due to shareholders 48,280 Bank borrowings 163,438 February 20, 2023 US$ Revenue 24,129 Loss for the period (4,578 ) Other comprehensive income for the period (600 ) Total comprehensive income for the period (5,178 )

Accounts Payable (Tables)

Accounts Payable (Tables)	12 Months Ended
Accounts Payable (Tables)	Dec. 31, 2023
Accounts Payable [Abstract]
Schedule of Accounts Payable and Accrued Liabilities	As of December 31, 2021 2022 2023 US$ US$ US$ Payables to suppliers of media and entertainment services — 9,846 8,628 Client’s monies held on trust (Note 15) 18,763 — — Other 1,121 710 754 19,884 10,556 9,382

Bank Borrowings (Tables)

Bank Borrowings (Tables)	12 Months Ended
Bank Borrowings (Tables)	Dec. 31, 2023
Bank Borrowings [Abstract]
Schedule 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 2023 US$ US$ US$ Hong Kong dollars – secured — — 50,655 Hong Kong dollars – unsecured 14,879 — — United States dollars - unsecured 35,000 20,045 45,000 Euro - unsecured — 535 475 British Pound - unsecured — — 36 49,879 20,580 96,166
Summary of Classification of Bank Borrowings	As of December 31, 2021 2022 2023 US$ US$ US$ Shown as: Non-current — 458 30,373 Current 49,879 20,122 65,793 49,879 20,580 96,166

Other Payables and Accruals (Ta

Other Payables and Accruals (Tables)	12 Months Ended
Other Payables and Accruals (Tables)	Dec. 31, 2023
Accrued Liabilities and Other Liabilities [Abstract]
Schedule of Accrued Liabilities	As of December 31, 2021 2022 2023 US$ US$ US$ Accruals and other payables 11,748 14,714 14,221 Consideration payable on acquisition of subsidiaries — — 3,195 Contract liabilities (note (i)) 81 2,190 1,462 Lease liabilities (note (ii)) — — 382 11,829 16,904 19,260 Note(s): (i) Contract liabilities as of December 31, 2023 include upfront fees received to deliver media and entertainment, and hotel operations, hospitality and VIP services. As of December 31, 2022, contract liabilities included upfront fees received to deliver digital solutions services. Contract liabilities as of December 31, 2021 include upfront fees received to deliver capital market solutions services. (ii) As of December 31, 2023, lease liabilities payable within one year, more than one year but not more than two years, more than two years but less than five years were US$186, US$113 and US$86, respectively. The incremental borrowing rate applied to lease liabilities was 4.50% to 5.50% per annum.

Provisions (Tables)

Provisions (Tables)	12 Months Ended
Provisions (Tables)	Dec. 31, 2023
Provisions [Abstract]
Schedule of Provision Claims from Vendors	Claims from US$ At January 1, 2021 and December 31, 2021 — Additions from acquisition of subsidiaries 4,094 Settled during the year (95 ) Exchange alignment 80 At December 31, 2022 4,079 Additions 476 Settled during the year (831 ) Exchange alignment 142 At December 31, 2023 3,866

Deferred Tax Liabilities (Table

Deferred Tax Liabilities (Tables)	12 Months Ended
Deferred Tax Liabilities (Tables)	Dec. 31, 2023
Components of Deferred Tax Liabilities [Abstract]
Schedule of Deferred Tax Liabilities	The movements in deferred tax liabilities during the years are as follows: Intangible US$ At January 1, 2021 and December 31, 2021 — Acquisitions of subsidiaries (Note 33) 3,531 Deferred tax credited to profit or loss during the year (Note 9) (242 ) Exchange alignment 18 At December 31, 2022 3,307 Acquisitions of subsidiaries (Note 33) 2,920 Deferred tax credited to profit or loss during the year (Note 9) (140 ) Disposal of subsidiaries (504 ) At December 31, 2023 5,583

Convertible Bond and Derivati_2

Convertible Bond and Derivative Financial Liability (Tables)	12 Months Ended
	Dec. 31, 2023
Debt Instruments [Abstract]
Summary of the Movement of Convertible Bond	The movement of convertible bond during the year ended December 31, 2021 and 2022 are as follows: Liability Derivative US$ US$ As of January 1, 2021 13,247 1,662 Interest for the year 1,040 — Exchange realignment 75 102 As of December 31, 202 1 14,362 1,764 Interest for the year 55 — Fair value gain recognized in profit or loss — (1,704 ) Converted into class A shares (14,414 ) (55 ) Exchange realignment (3 ) (5 ) As of December 31, 2022 and December 31, 2023 — —

Share Capital, Capital Reserv_2

Share Capital, Capital Reserve and Treasury Shares (Tables)	12 Months Ended
Share Capital, Capital Reserve and Treasury Shares (Tables)	Dec. 31, 2023
Stockholders' Equity Note [Abstract]
Schedule of Common Stock Outstanding	Numbers of shares Notes Class A Class B Class B As of January 1, 2021 62,327,851 183,283,628 — Repurchase of ordinary shares (iv) — (69,144,673 ) 69,144,673 As of December 31, 2021 62,327,851 114,138,955 69,144,673 Issued during the year (i), (ii), (iii) 77,467,981 54,524,730 — Conversion of class B ordinary share to class A ordinary shares 4,281,379 (4,281,379 ) — Repurchase of ordinary shares (iv) — (36,923,963 ) 36,923,963 As of December 31, 2022 144,077,211 127,458,343 106,068,636 Issued during the year (v), (vi) 98,688,525 — — Re-issue (vii) — 30,875,576 (30,875,576 ) Repurchase of ordinary shares (iv) — (4,773,270 ) 4,773,270 As of December 31, 2023 242,765,736 153,560,649 79,966,330 Notes: (i) 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. (ii) During the year ended December 31, 2022, the Company acquired a controlling stake in AMTD Digital by issuing 67,200,330 Class A and 51,253,702 Class B shares to the selling shareholders of AMTD Digital at a consideration of US$992,645. (iii) 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. (iv) On September 30, 2021, December 31, 2022, and December 31, 2023, the Company repurchased 69,144,673, 36,923,963 and 4,773,270, respectively, Class B ordinary shares from the immediate holding company, amounting to US$642,055 , (v) In April 2023, the Company issued 90,000,000 Class A shares to the private investors at US$1.04 per share. (vi) During the year ended December 31, 2023, the Company acquired 100% of The Art Newspaper SA with part of purchase consideration settling by issuing 8,688,525 Class A shares to the selling shareholders with fair value of US$5,607. Details on N (vii) In February 2023, the Company acquired AMTD Assets and the transaction was reissued

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
Related Party Transactions (Tables)	Dec. 31, 2023
Related Party Transactions [Abstract]
Schedule of Addition to the Transactions Disclosed Elsewhere in these Consolidated Financial Statements	(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 2021 2022 2023 US$ US$ US$ Capital market solutions services rendered to fellow subsidiaries (i) 148 3 — Capital market solutions services rendered to related companies controlled by a director of the Company (i) — 1,149 — Capital market solutions services rendered to former fellow subsidiaries (i) 13,417 — — For the year ended December 31, Notes 2021 2022 2023 US$ US$ US$ Management fee paid to immediate holding company (i) 19 18 — Investment advisory fee paid to a fellow subsidiary (i) 23 21 — Insurance commission paid to a fellow subsidiary (i) 7 — — Insurance commission received from immediate holding company and a fellow subsidiary (i) — 4 48 Digital solutions and other services income from immediate holding company (i) — 1,592 2,554 Fashion, arts and luxury media advertising and marketing services from immediate holding company (i) — 2,888 2,726 Acquisition of investment from immediate holding company (ii)(a) 20,930 — — Acquisition of investments from fellow subsidiaries (ii)(b) 1,481 — — Proceed of disposal of an investment to a former fellow subsidiary (ii)(c) 48,573 — — Administrative service fee paid to immediate holding company (iii) 3,087 3,767 4,597 Interest income from immediate holding company (iv) 14,926 9,703 10,489 Stock loan interest income from a former fellow subsidiary (i) 4 — — Recharge from/(to) immediate holding company —Staff costs 2,841 4,084 — —Premises cost 1,796 1,469 — (iii) 4,637 5,553 — Treasury shares repurchased from immediate holding company 27 642,055 320,603 40,000 Perpetual securities redeemed from a former fellow subsidiary 598 — — Perpetual securities redeemed from a related company 4,594 — — Acquisition of AMTD Digital from immediate holding company and fellow subsidiaries (ii)(d) — 740,451 — Acquisition of AMTD Assets from immediate holding company (ii)(e) — — 268,000 Disposal of financial assets at fair value through profit or loss to immediate holding company (ii)(f) — — 80,155
Schedule of Compensation of Key Management	(C) Compensation of key management personnel of the Group: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Short-term employee benefits 2,885 4,255 1,459 Other long-term benefit 7 13 6 2,892 4,268 1,465

Fair Value and Fair Value Hie_2

Fair Value and Fair Value Hierarchy of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Summary of the Carrying Amounts and Fair Values of the Group's Financial Instruments	The carrying amounts and fair values of the Group’s financial instruments measured at fair value are as follows: Fair values As of December 31, 2021 2022 2023 US$ US$ US$ Financial assets Financial assets at fair value through profit or loss 357,352 195,337 79,607 Derivative financial asset 124,404 185,069 — 481,756 380,406 79,607
Summary of Significant Unobservable Inputs to Valuation of Financial Instruments	There is no change in valuation technique and basis of significant unobservable input on Level 3 financial assets and derivative financial asset as of December 31, 2021, 2022 and 2023. Below is summary of significant unobservable inputs to valuation of financial instruments as of December 31, 2023: Valuation technique Significant Range or estimate Unlisted equity investment Investment E Multiple/ EVA Equity volatility 69.60% Movie income right investments Income approach Discount rate 10.40%-12.59% Below is summary of significant unobservable inputs to valuation of financial instruments as of December 31, 2022: Valuation technique Significant input Range or estimate Unlisted equity investment Investment D Net asset value method Net asset value Note (a) Unlisted equity investment Investment E Multiple/ EVA Equity volatility 69.60% Movie income right investments Income approach Discount rate 10.40%-12.59% Derivative financial asset MCS Volatility of Underlying Assets 49.78% Below is summary of significant unobservable inputs to valuation of financial instruments as of December 31, 2021: Valuation technique Significant unobservable input Range or estimate Unlisted equity investment Investment D Net asset value method Net asset value Note (a) Unlisted equity investment Investment H Multiple/ EVA Equity volatility 75.29% Median Forward P/E multiple of peers 2.10 Unlisted equity investment Investment I Multiple/ EVA Equity volatility 48.52% Median Forward P/E multiple of peers 18.97 Unlisted equity investment Investment J Multiple/ EVA Average P/E multiple of peers 61.29 Discount of lack of marketability 45% Derivative financial assets in relation to the Agreements MCS Volatility of Underlying Assets 35.95% Derivative financial liability Binomial option pricing model Volatility 46.21% Discount rate 12.52% Note: (a) The fair value is derived from the net asset value of Investment D 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 D are not significant to the amount of overall investment and approximated to their fair value.
Summary of Assets Measured at 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) Recent (Level 2) Significant (Level 3) Total US$ US$ US$ US$ As of December 31, 2021 Financial assets at fair value through profit or loss 135,373 2,761 219,218 357,352 Derivative financial asset — — 124,404 124,404 135,373 2,761 343,622 481,756 As of December 31, 2022 Financial assets at fair value through profit or loss 110,474 4,335 80,528 195,337 Derivative financial asset — 17,681 167,388 185,069 110,474 22,016 247,916 380,406 As of December 31, 2023 Financial assets at fair value through profit or loss 72,053 1,813 5,741 79,607
Summary of the Movements in Fair Value Measurements within Level 3	The movements in fair value measurements within Level 3 during the years are as follow: For the year ended December 31, 2021 2022 2023 US$ US$ US$ Unlisted equity shares at fair value through profit or loss: At January 1, 38,681 219,219 80,528 Addition 20,930 21,712 — Disposal (25,289 ) (45,404 ) (25,539 ) Transfer 143,689 1,491 4,118 Derecognition upon acquisition of subsidiaries — (162,747 ) (66,190 ) Receipt of investment return — (2,680 ) — Total 41,208 49,267 12,804 Exchange realignment — (330 ) 20 At December 31, 219,219 80,528 5,741 For the year ended December 31, 2021 2022 2023 US$ US$ US$ Derivative financial assets in relation to the Agreement (Note 14): At January 1, 132,080 124,404 167,388 Net fair value (loss)/gains recognized in profit or loss (6,947 ) 44,461 34,234 Gain related to disposed investment — 486 — Settlement — (1,963 ) (201,411 ) Exchange realignment (729 ) — (211 ) At December 31, 124,404 167,388 —
Summary of Fair Value Liabilities Measured on Recurring Basis Unobservable Input Reconciliation	For the year ended December 31, 2021 2022 2023 US$ US$ US$ Derivative financial liability (Note 26): At January 1, 1,662 1,764 — Net fair value changes recognized in profit or loss — (1,704 ) — Converted into class A shares — (55 ) — Exchange alignment 102 (5 ) — At December 31, 1,764 — —

Acquisitions of Subsidiaries (T

Acquisitions of Subsidiaries (Tables)	12 Months Ended
Acquisitions of Subsidiaries (Tables)	Dec. 31, 2023
Business Acquisition [Line Items]
Summary of Assets Acquired and Liabilities Recognized at the Date Of Acquisition	Assets acquired and liabilities recognized at the date of acquisition US$ Interests in joint ventures 24,726 Property, plant and equipment 135,592 Cash and bank balances 3,860 Accounts receivable 527 Prepayments, deposits and other receivables 20,365 Amount due from a non-controlling 637 Account payable (311 ) Accruals and other payables (2,269 ) Bank borrowings (50,849 ) Amount due to a non-controlling (53,464 ) Amount due to AMTD Group (81,968 ) (3,154 )
Summary of Reserve Arising on Acquisition	US$ Consideration transferred 268,000 Plus: non-controlling interests of AMTD Digital (1,019 ) Plus: non-controlling (336 ) Plus: non-controlling 5,355 Less: recognized amounts of net liabilities acquired 3,154 275,154
Summary of Net Cash Inflow on Acquisition	Net cash inflow on acquisition of AMTD Assets US$ Cash consideration paid — Add: cash and cash equivalent balances acquired 3,860 3,860
The Art Newspaper SA [Member]
Business Acquisition [Line Items]
Summary of Assets Acquired and Liabilities Recognized at the Date Of Acquisition	Assets acquired and liabilities recognized at the date of acquisition US$ Cash and bank balances 27 Accounts receivable 674 Prepayments, other receivables and deposits 301 Property, plant and equipment 333 Intangible assets 25,392 Accounts payables (402 ) Other payables and accruals (2,068 ) Bank borrowings (37 ) Deferred tax liabilities (2,920 ) Net assets acquired 21,300
Summary of Net Cash Inflow on Acquisition	Net cash outflow on acquisition of The Art Newspaper SA US$ Cash consideration paid (2,540 ) Less: cash and cash equivalents balances acquired 27 (2,513 )
Summary of Consideration Transferred	Consideration transferred US$ Cash 2,540 Ordinary shares of the Company 5,607 Ordinary shares of AMTD Digital 5,607 Other consideration payable 3,077 Net assets acquired 16,831
Summary of Gain Arising on Acquisition	Gain arising on acquisition: US$ Recognized amounts of net payable assets acquired 21,300 Less: consideration paid/payable (16,831 ) 4,469
AMTD Digital [Member]
Business Acquisition [Line Items]
Summary of Assets Acquired and Liabilities Recognized at the Date Of Acquisition	Assets acquired and liabilities recognized at the date of acquisition US$ Intangible assets 4,808 Goodwill 7,509 Property, plant and equipment 18 Other assets 1,753 Cash and bank balances 13,051 Accounts receivable 7,519 Prepayments, deposits and other receivables 35,581 Due from immediate holding company 317,991 Financial assets at fair value through profit or loss 21,199 Account payable (1,119 ) Accruals and other payables (8,647 ) Tax payable (3,611 ) Deferred tax liabilities (762 ) Total identifiable net assets 395,290
Summary of Reserve Arising on Acquisition	Reserve arising on acquisition: US$ Consideration transferred 1,155,392 Plus: non-controlling 11,427 Plus: non-controlling interests of AMTD Digital’s subsidiaries 2,668 Less: recognized amounts of net assets acquired (395,290 ) 774,197
Summary of Net Cash Inflow on Acquisition	Net cash inflow on acquisition of AMTD Digital: US$ Cash consideration paid — Add: cash and cash equivalent balances acquired 13,051 13,051
Summary of Consideration Transferred	Consideration transferred US$ Fair value of previously held equity interest 162,747 Ordinary shares of the Company 992,645 1,155,392
Lofficiel [Member]
Business Acquisition [Line Items]
Summary of Assets Acquired and Liabilities Recognized at the Date Of Acquisition	Assets acquired and liabilities recognized at the date of acquisition US$ Cash and bank balances 247 Restricted cash 477 Accounts receivable 1,855 Prepayments, other receivables and deposits 2,745 Intangible assets 92,294 Accounts payables (11,489 ) Other payables and accruals (11,033 ) Provisions (4,094 ) Bank borrowings (585 ) Deferred tax liabilities (2,769 ) Net assets acquired 67,648
Summary of Net Cash Inflow on Acquisition	Net cash outflow on acquisition of L’Officiel US$ Cash consideration paid (62,800 ) Less: cash and cash equivalents balances acquired 247 (62,553 )
Summary of Consideration Transferred	Consideration transferred US$ Cash 62,800
Summary of Gain Arising on Acquisition	Gain arising on acquisition: US$ Recognized amounts of net assets acquired 67,648 Less: consideration paid (62,800 ) 4,848

Corporate Information - Schedul

Corporate Information - Schedule of Company's Principal Subsidiaries (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
AMTD International Holding Group Limited) ("AMTD IHG") [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		Hong Kong (“HK”)
Issued and registered share capital	[1]	$ 500,000
Percentage of equity and voting rights attributable to the Company		100%	100%	100%
Principal activities		Investment holding
AMTD Strategic Investment Limited [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		HK
Issued and registered share capital	[1]	$ 1
Percentage of equity and voting rights attributable to the Company		100%	100%	100%
Principal activities		Strategic investment
AMTD Overseas Limited [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		HK
Issued and registered share capital	[1]	$ 1
Percentage of equity and voting rights attributable to the Company		100%	100%	100%
Principal activities		Strategic investment
AMTD Investment Inc. [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		Cayman Islands
Issued and registered share capital	[1]	$ 1
Percentage of equity and voting rights attributable to the Company		100%	100%	100%
Principal activities		Investment holding
AMTD Strategic Investment (BVI) Limited [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		BVI
Issued and registered share capital	[1]	$ 1
Percentage of equity and voting rights attributable to the Company		100%	100%	100%
Principal activities		Investment holding
AMTD IDEA International Limited [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		BVI
Issued and registered share capital	[1]	$ 1
Percentage of equity and voting rights attributable to the Company		100%	100%	100%
Principal activities		Investment holding
L'Officiel Inc. SAS ("L'Officiel") [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		France
Issued and registered share capital	[1]	$ 6,960,100
Percentage of equity and voting rights attributable to the Company		97.10%	100%
Principal activities		Investment holding and provision of fashion and luxury media advertising, art and marketing services
The Art Newspaper SA [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		Switzerland
Issued and registered share capital	[1]	$ 1,400,000
Percentage of equity and voting rights attributable to the Company		97.10%
Principal activities		Investment holding and provision of fashion, arts and luxury media advertising and marketing services
AMTD Digital Inc. ("AMTD Digital") [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation	[2]	Cayman Islands
Issued and registered share capital	[1],[2]	$ 7,658
Percentage of equity and voting rights attributable to the Company	[2]	85.20%	84.90%
Principal activities	[2]	Investment holding
AMTD Risk Solutions Group Limited [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		HK
Issued and registered share capital	[1]	$ 500,000
Percentage of equity and voting rights attributable to the Company		85.20%	84.90%
Principal activities		Provision of digital solutions and other services
AMTD Assets Group ("AMTD Assets") [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation	[2]	Cayman Islands
Issued and registered share capital	[1],[2]	$ 10,410
Percentage of equity and voting rights attributable to the Company	[2]	81.90%
Principal activities	[2]	Investment holding
AMTD World Media and Entertainment Group [Member]
Schedule Of The Company Principal Subsidiaries [Line Items]
Place of incorporation		Cayman Islands
Issued and registered share capital	[1]	$ 182,839,871
Percentage of equity and voting rights attributable to the Company		97.10%	84.90%
Principal activities		Provision of media and entertainment business and investment holding

[1]All amounts in dollars in this note only.[2]During the year ended December 31, 2022 and 2023, the Company acquired AMTD Digital and AMTD Assets, respectively, and became subsidiary of the Group. Since the Group, AMTD Digital and AMTD Assets are under common control of AMTD Group, the acquisition of AMTD Digital and AMTD Assets has been accounted for as business combination under common control which has been detailed in Note 2.

Basis of Presentation - Summary

Basis of Presentation - Summary of Principal Annual Rates (Detail)	12 Months Ended
	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Hotel property	Over the shorter of the useful life of 40 years and the remaining lease term
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Percentage on Property Plant And Equipment Owned Accumulated Depreciation	20%
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Percentage on Property Plant And Equipment Owned Accumulated Depreciation	33.33%

Significant Accounting Estima_2

Significant Accounting Estimates And Judgments - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Significant Accounting Estimates And Judgments [Abstract]
Other receivables	$ 0	$ 501	$ 0
Due from immediate holding company	4,988	0	0
Loss allowance for other receivables	501	501	0
Amount due from immediate holding company	$ 4,988	$ 0	$ 0

Operating Segment Information -

Operating Segment Information - Summary of Information by Segment with Prior Period Segment Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue, Major Customer [Line Items]
Revenues	$ 130,914	$ 175,171	$ 179,815
Unallocated other income	22,942	18,063	16,149
Profit before tax	157,697	173,871	171,239
Depreciation			6
Depreciation and amortization	2,623	738
Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	130,914	175,171	179,815
Segment results	105,865	165,970	177,988
Corporate, Non-Segment [Member]
Revenue, Major Customer [Line Items]
Unallocated other income	22,942	18,063	16,149
Unallocated other gain	68,797	19,598
Unallocated finance costs	(8,199)	(859)	(1,650)
Corporate and other unallocated expenses	(31,708)	(30,605)	(21,248)
Unallocated net changes in fair value on derivative financial liability		1,704
from contract with customers [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	38,244	105,365	87,535
others [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	92,670	69,806	92,280
Capital Market Solutions [Member]
Revenue, Major Customer [Line Items]
Revenues		74,305	87,535
Capital Market Solutions [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	0	74,305	87,535
Segment results	(1,276)	72,140	85,708
Capital Market Solutions [Member] \| from contract with customers [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	0	74,305	87,535
Capital Market Solutions [Member] \| others [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	0	0	0
Digital Solutions And Other Services [Member]
Revenue, Major Customer [Line Items]
Revenues	13,469	23,440
Digital Solutions And Other Services [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	13,469	23,440
Segment results	9,126	21,299
Digital Solutions And Other Services [Member] \| from contract with customers [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	13,469	23,440
Digital Solutions And Other Services [Member] \| others [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	0	0
Media And Entertainment [Member]
Revenue, Major Customer [Line Items]
Revenues	14,474	7,620
Media And Entertainment [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	14,474	7,620
Segment results	3,239	2,725
Media And Entertainment [Member] \| from contract with customers [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	14,474	7,620
Media And Entertainment [Member] \| others [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	0	0
Hotel operations, hospitality and VIP services [Member]
Revenue, Major Customer [Line Items]
Revenues	10,301
Hotel operations, hospitality and VIP services [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	10,301
Segment results	2,106
Hotel operations, hospitality and VIP services [Member] \| from contract with customers [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	10,301
Hotel operations, hospitality and VIP services [Member] \| others [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	0
Strategic Investment [Member]
Revenue, Major Customer [Line Items]
Revenues	92,670	69,806	92,280
Strategic Investment [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	92,670	69,806	92,280
Segment results	92,670	69,806	92,280
Strategic Investment [Member] \| from contract with customers [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	0	0	0
Strategic Investment [Member] \| others [Member] \| Operating Segments [Member]
Revenue, Major Customer [Line Items]
Revenues	$ 92,670	$ 69,806	$ 92,280

Operating Segment Information_2

Operating Segment Information - Summary of Segment Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Segment Assets And Liabilities [Line Items]
Assets	$ 1,486,590	$ 1,060,723	$ 857,693	$ 1,357,880
Liabilities	193,016	58,309	115,178	$ 103,471
Operating Segments [Member]
Segment Assets And Liabilities [Line Items]
Assets	292,610	508,281	512,224
Liabilities	149,724	25,594	19,965
Operating Segments [Member] \| Capital Market Solutions [Member]
Segment Assets And Liabilities [Line Items]
Assets	0	10,429	30,467
Operating Segments [Member] \| Digital Solutions And Other Services [Member]
Segment Assets And Liabilities [Line Items]
Assets	1,480	23,691	0
Liabilities	15,621	2,324	19,965
Operating Segments [Member] \| Media And Entertainment [Member]
Segment Assets And Liabilities [Line Items]
Assets	126,028	93,754	0
Liabilities	27,361	23,270	0
Operating Segments [Member] \| Hotel operations, hospitality and VIP services [Member]
Segment Assets And Liabilities [Line Items]
Assets	85,495	0	0
Liabilities	106,742	0	0
Operating Segments [Member] \| Strategic Investment [Member]
Segment Assets And Liabilities [Line Items]
Assets	79,607	380,407	481,757
Corporate, Non-Segment [Member]
Segment Assets And Liabilities [Line Items]
Assets	1,193,980	552,442	345,469
Liabilities	$ 43,292	$ 32,715	$ 95,213

Operating Segment Information_3

Operating Segment Information - Summary of Revenue from Contract with Customers by Geographical Areas Based (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	$ 130,914	$ 175,171	$ 179,815
Capital Market Solutions [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues		74,305	87,535
Digital Solutions And Other Services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	13,469	23,440
Media And Entertainment [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	14,474	7,620
Hotel operations, hospitality and VIP services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	10,301
Revenue from Contract with Customer [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	38,244	105,365	87,535
Revenue from Contract with Customer [Member] \| Capital Market Solutions [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0	74,305
Revenue from Contract with Customer [Member] \| Digital Solutions And Other Services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	13,469	23,440
Revenue from Contract with Customer [Member] \| Media And Entertainment [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	14,474	7,620
Revenue from Contract with Customer [Member] \| Hotel operations, hospitality and VIP services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	10,301
Revenue from Contract with Customer [Member] \| China (including Hong Kong) [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	18,601	97,558	87,050
Revenue from Contract with Customer [Member] \| China (including Hong Kong) [Member] \| Capital Market Solutions [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0	74,305
Revenue from Contract with Customer [Member] \| China (including Hong Kong) [Member] \| Digital Solutions And Other Services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	13,469	23,253
Revenue from Contract with Customer [Member] \| China (including Hong Kong) [Member] \| Media And Entertainment [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0	0
Revenue from Contract with Customer [Member] \| China (including Hong Kong) [Member] \| Hotel operations, hospitality and VIP services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	5,132
Revenue from Contract with Customer [Member] \| Europe [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	6,582	2,461
Revenue from Contract with Customer [Member] \| Europe [Member] \| Capital Market Solutions [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0	0
Revenue from Contract with Customer [Member] \| Europe [Member] \| Digital Solutions And Other Services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0	0
Revenue from Contract with Customer [Member] \| Europe [Member] \| Media And Entertainment [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	6,582	2,461
Revenue from Contract with Customer [Member] \| Europe [Member] \| Hotel operations, hospitality and VIP services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0
Revenue from Contract with Customer [Member] \| America [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	10,419	4,090
Revenue from Contract with Customer [Member] \| America [Member] \| Capital Market Solutions [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0	0
Revenue from Contract with Customer [Member] \| America [Member] \| Digital Solutions And Other Services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0	0
Revenue from Contract with Customer [Member] \| America [Member] \| Media And Entertainment [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	5,250	4,090
Revenue from Contract with Customer [Member] \| America [Member] \| Hotel operations, hospitality and VIP services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	5,169
Revenue from Contract with Customer [Member] \| Others [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	2,642	1,256	$ 485
Revenue from Contract with Customer [Member] \| Others [Member] \| Capital Market Solutions [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0	0
Revenue from Contract with Customer [Member] \| Others [Member] \| Digital Solutions And Other Services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	0	187
Revenue from Contract with Customer [Member] \| Others [Member] \| Media And Entertainment [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	2,642	$ 1,069
Revenue from Contract with Customer [Member] \| Others [Member] \| Hotel operations, hospitality and VIP services [Member]
Revenue From External Customers By Geographic Areas [Line Items]
Revenues	$ 0

Operating Segment Information_4

Operating Segment Information - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Assets, Major Customer [Line Items]
Assets, noncurrent	$ 283,906	$ 299,841	$ 359,307	$ 284,970
HONG KONG
Assets, Major Customer [Line Items]
Assets, noncurrent	69,739	9	1,955
SINGAPORE
Assets, Major Customer [Line Items]
Assets, noncurrent	15,942	11,616	0
Europe [Member]
Assets, Major Customer [Line Items]
Assets, noncurrent	$ 118,618	$ 92,879	$ 0

Revenue, Other Income and Oth_3

Revenue, Other Income and Other Gain - Schedule of Analysis of Revenue (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	$ 38,244	$ 105,365	$ 87,535
Gain related to disposed investments	123,634	22,106	16,094
Investment Income, Dividend	133,569	28,518	22,360
Net fair value changes on financial assets at fair value through profit or loss	(40,899)	(20,609)	76,867
Net fair value changes on derivative financial asset	0	61,897	(6,947)
Other gains and losses from investments and derivatives realized and unrealized operating	92,670	69,806	92,280
Total revenue	130,914	175,171	179,815
Listed Equity Shares [Member]
Revenue From Contract With Customer [Line Items]
Net fair value changes on financial assets at fair value through profit or loss	(40,927)	(48,267)	6,947
UnListed Equity Shares [Member]
Revenue From Contract With Customer [Line Items]
Net fair value changes on financial assets at fair value through profit or loss	28	27,658	69,920
Underwriting Commission [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		12,070	3,737
Financial Advisory Fee [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		54,614	73,072
Management Fee and Performance based Incentive Fee [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		2,144	7,362
Brokerage And Handling Fees [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		5,403	3,262
Others [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		74	102
Insurance Brokerage Services Commission [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	1,249	1,040
Digital Solutions Fees [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	12,220	22,400
Fashion and Luxury Magazines and Advertising Services Income [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	11,031	3,608
Fashion and Luxury Media Licensing and Marketing Services Income [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	3,443	4,012
Hotel Operation Others [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	10,301
Capital Market Solutions [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		74,305	87,535
Total revenue		74,305	87,535
Capital Market Solutions [Member] \| Underwriting Commission [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		12,070	3,737
Capital Market Solutions [Member] \| Financial Advisory Fee [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		54,614	73,072
Capital Market Solutions [Member] \| Management Fee and Performance based Incentive Fee [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		2,144	7,362
Capital Market Solutions [Member] \| Brokerage And Handling Fees [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		5,403	3,262
Capital Market Solutions [Member] \| Others [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers		74	102
Digital Solutions and Services Income [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	13,469	23,440
Digital Solutions and Services Income [Member] \| Insurance Brokerage Services Commission [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	1,249	1,040
Digital Solutions and Services Income [Member] \| Digital Solutions Fees [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	12,220	22,400
Media And Entertainment [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	14,474	7,620
Total revenue	14,474	7,620
Media And Entertainment [Member] \| Fashion and Luxury Magazines and Advertising Services Income [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	11,031	3,608
Media And Entertainment [Member] \| Fashion and Luxury Media Licensing and Marketing Services Income [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	3,443	4,012
Hotel operations, hospitality and VIP services [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	10,301
Total revenue	10,301
Hotel operations, hospitality and VIP services [Member] \| Hotel Operation Others [Member]
Revenue From Contract With Customer [Line Items]
Revenue from contracts with customers	10,301
Strategic Investment [Member]
Revenue From Contract With Customer [Line Items]
Dividend income	9,935	6,412	6,266
Gain related to disposed investments	123,634	22,106	16,094
Net fair value changes on financial assets at fair value through profit or loss	(40,899)	(20,609)	76,867
Net fair value changes on derivative financial asset		61,897	(6,947)
Total revenue	$ 92,670	$ 69,806	$ 92,280

Revenue, Other Income and Oth_4

Revenue, Other Income and Other Gain - Schedule of Analysis of Revenue (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Gain Loss Due To Change In Fair Value Of Investments In Related Parties	$ 0	$ 27,298	$ 70,133

Revenue, Other Income and Oth_5

Revenue, Other Income and Other Gain - Schedule of Present Disaggregated Revenue Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	$ 38,244	$ 105,365	$ 87,535
Net fair value changes on financial assets at fair value through profit or loss	(40,899)	(20,609)	76,867
Net fair value changes on derivative financial asset	0	61,897	(6,947)
Gain related to disposed investments	123,634	22,106	16,094
Dividend income	9,935	6,412	6,266
Total revenue	130,914	175,171	179,815
Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	22,581	76,809
Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	15,663	28,556
Underwriting Commission [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		12,070	3,737
Financial Advisory Fee [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		54,614	73,072
Management Fee and Performance based Incentive Fee [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		2,144	7,362
Brokerage And Handling Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		5,403	3,262
Others [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		74	102
Insurance Brokerage Services Commission [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	1,249	1,040
Digital Solutions Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	12,220	22,400
Fashion, arts and Luxury Magazines and Advertising Services Income [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	11,031	3,608
Fashion, arts and Luxury Media Licensing and Marketing Services Income [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	3,443	4,012
Hotel Operation Others [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	10,301
Capital Market Solutions [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		74,305	87,535
Total revenue		74,305	87,535
Capital Market Solutions [Member] \| Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		72,161	80,142
Capital Market Solutions [Member] \| Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		2,144	7,393
Capital Market Solutions [Member] \| Underwriting Commission [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		12,070	3,737
Capital Market Solutions [Member] \| Financial Advisory Fee [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		54,614	73,072
Capital Market Solutions [Member] \| Management Fee and Performance based Incentive Fee [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		2,144	7,362
Capital Market Solutions [Member] \| Brokerage And Handling Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		5,403	3,262
Capital Market Solutions [Member] \| Others [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers		74	102
Digital Solutions And Other Services [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	13,469	23,440
Total revenue	13,469	23,440
Digital Solutions And Other Services [Member] \| Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	1,249	1,040
Digital Solutions And Other Services [Member] \| Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	12,220	22,400
Digital Solutions And Other Services [Member] \| Insurance Brokerage Services Commission [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	1,249	1,040
Digital Solutions And Other Services [Member] \| Digital Solutions Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	12,220	22,400
Media And Entertainment [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	14,474	7,620
Total revenue	14,474	7,620
Media And Entertainment [Member] \| Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	11,031	3,608
Media And Entertainment [Member] \| Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	3,443	4,012
Media And Entertainment [Member] \| Fashion, arts and Luxury Magazines and Advertising Services Income [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	11,031	3,608
Media And Entertainment [Member] \| Fashion, arts and Luxury Media Licensing and Marketing Services Income [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	3,443	4,012
Hotel operations, hospitality and VIP services [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	10,301
Total revenue	10,301
Hotel operations, hospitality and VIP services [Member] \| Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	10,301
Hotel operations, hospitality and VIP services [Member] \| Hotel Operation Others [Member]
Disaggregation of Revenue [Line Items]
Revenue from contracts with customers	10,301
Strategic Investment [Member]
Disaggregation of Revenue [Line Items]
Net fair value changes on financial assets at fair value through profit or loss	(40,899)	(20,609)	76,867
Net fair value changes on derivative financial asset		61,897	(6,947)
Gain related to disposed investments	123,634	22,106	16,094
Dividend income	9,935	6,412	6,266
Total revenue	$ 92,670	$ 69,806	$ 92,280

Revenue, Other Income and Oth_6

Revenue, Other Income and Other Gain - Schedule of Amount of Revenue Recognized (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure of Analysis of Revenue [Line Items]
Revenue recognized	$ 895	$ 81	$ 6,000
Capital Market Solutions [Member]
Disclosure of Analysis of Revenue [Line Items]
Revenue recognized		$ 81	$ 6,000
Digital Solutions And Other Services [Member]
Disclosure of Analysis of Revenue [Line Items]
Revenue recognized	$ 895

Revenue, Other Income and Oth_7

Revenue, Other Income and Other Gain - Schedule of Digital Solutions Services (Detail) - Digital Solutions And Other Services [Member] $ in Thousands	Dec. 31, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Digital solutions services	$ 39,091
Within one year [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Digital solutions services	26,138
More than one year [Member]
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Digital solutions services	$ 12,953

Revenue, Other Income and Oth_8

Revenue, Other Income and Other Gain - Schedule of Other Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disclosure f Other Operating Incomeo [Line Items]
Bank interest income	$ 4,178	$ 2	$ 2
Other interest income (note a)	5,525	6,551
Interest income from the immediate holding company (Note 30(A)(iv)) (Note 30(B)(i))	10,489	9,703	14,926
Government grant (note b)		151
Others	2,750	1,656	1,221
Total Other Income	$ 22,942	$ 18,063	$ 16,149

Revenue, Other Income and Oth_9

Revenue, Other Income and Other Gain - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Nonoperating gains (losses)	$ 68,797	$ 19,598
Gain recognised in bargain purchase transaction	4,469	4,848
Gain (loss) on disposition of assets	$ 64,328	$ 14,750

Other Operating Expenses - Sche

Other Operating Expenses - Schedule of Other Operating Expenses Included in Profit or Loss and Other Comprehensive Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other operating expenses
Marketing and brand promotional expenses	$ 4,410	$ 2,554	$ 77
Premises costs and office utilities
Premises costs	4,970	1,672	1,830
Office utilities	417	1,167	1,006
Premises costs and office utilities	5,387	2,839	2,836
Traveling and business development expenses	223	991	482
Commissions and bank charges	232	167	168
Office and maintenance expenses	274	3	7
Administrative service fee	4,597	3,806	3,130
Legal and professional related fees	5,631	9,414	3,172
Staff recruitment expenses	1,272	540	299
Others
Depreciation	1,766	12	6
Amortization	857	726	0
Foreign exchange differences, net	225	252	124
Other expenses	4,477	1,497	478
Other operating expenses	7,325	2,487	608
Other cost and expense, operating	$ 29,351	$ 22,801	$ 10,779

Staff Costs - Schedule of Compe

Staff Costs - Schedule of Compensation Related Costs (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Compensation Related Costs [Abstract]
Salaries, bonuses and staff welfare	$ 18,493	$ 15,490	$ 12,192
Pension scheme contributions (defined contribution schemes)	1,590	1,014	104
Employee benefits and share-based compensation	$ 20,083	$ 16,504	$ 12,296

Finance Costs - Schedule of Fin

Finance Costs - Schedule of Finance Costs (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finance Cost Disclosure [Abstract]
Interests on convertible bond		$ 55	$ 1,040
Interests on bank borrowings	$ 6,010	804	610
Interests on amount due to a non-controlling shareholder	2,140
Interests on lease liabilities	49
Interest and debt expense	$ 8,199	$ 859	$ 1,650

Income Tax Expense - Schedule o

Income Tax Expense - Schedule of Rates of Tax Applicable in Countries (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Components of Income Tax Expense Benefit [Line Items]
Charge for the year	$ 993	$ 641	$ 626
Overprovision in prior year	(800)
Deferred tax	(140)	(242)
Income tax expense (benefit)	4,314	13,405	14,059
Hong Kong [Member]
Schedule of Components of Income Tax Expense Benefit [Line Items]
Charge for the year	4,261	12,926	13,433
Overprovision in prior year	(800)
People's Republic of China [Member]
Schedule of Components of Income Tax Expense Benefit [Line Items]
Charge for the year	993	641	$ 626
Other jurisdictions [Member]
Schedule of Components of Income Tax Expense Benefit [Line Items]
Charge for the year		80
Deferred tax	$ (140)	$ (242)

Income Tax Expense - Schedule_2

Income Tax Expense - Schedule of Reconciliation of Tax Expense and Profit Before Tax (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Profit before tax	$ 157,697	$ 173,871	$ 171,239
Tax at statutory tax rate of 16.5%	26,020	28,689	28,254
Tax effect of foreign tax jurisdictions	108	34
Tax effect of two-tiered profit tax rate	(21)	(21)	(21)
Tax effect of non-taxable income	(31,954)	(15,604)	(12,328)
Tax effect of distribution to perpetual securities holders that are deductible for tax purpose	(1,412)	(2,591)	(2,669)
Tax effect of non-deductible expenses	4,743	2,265	202
Tax effect of unrecognized temporary difference		(1)	(1)
Overprovision in prior year	(800)
Tax effect of tax loss not recognized	6,637
Utilization of tax losses previously not recognized		(7)	(4)
Withholding tax on the dividend income	993	641	626
Income tax expense	$ 4,314	$ 13,405	$ 14,059

Income Tax Expense - Schedule_3

Income Tax Expense - Schedule of Reconciliation of Tax Expense and Profit Before Tax (Parenthetical) (Detail)		12 Months Ended
	Mar. 28, 2018	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Hong Kong [Member]
Schedule of Components of Income Tax Expense Benefit [Line Items]
Statutory tax rate	16.50%	16.50%	16.50%	16.50%

Income Tax Expense - Additional

Income Tax Expense - Additional Information (Detail) - Hong Kong [Member] - HKD ($) $ in Millions		12 Months Ended
	Mar. 28, 2018	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Schedule of Components of Income Tax Expense Benefit [Line Items]
Statutory tax rate	16.50%	16.50%	16.50%	16.50%
Tax Rate Applicable On Profit Of First Two Million Hong Kong Dollars [Member]
Schedule of Components of Income Tax Expense Benefit [Line Items]
Statutory tax rate		8.25%
Threshold limit of taxable income on which tax regimes applicable		$ 2
Tax Rate Applicable On Profit Of First Two Million Hong Kong Dollars [Member] \| Introduction Of Two Tiered Profits Tax Rates Regime [Member]
Schedule of Components of Income Tax Expense Benefit [Line Items]
Statutory tax rate	8.25%
Threshold limit of taxable income on which tax regimes applicable	$ 2
Tax Rate Applicable On Profit Of Above Two Million Hong Kong Dollars [Member]
Schedule of Components of Income Tax Expense Benefit [Line Items]
Statutory tax rate		16.50%
Threshold limit of taxable income on which tax regimes applicable		$ 2
Tax Rate Applicable On Profit Of Above Two Million Hong Kong Dollars [Member] \| Introduction Of Two Tiered Profits Tax Rates Regime [Member]
Schedule of Components of Income Tax Expense Benefit [Line Items]
Statutory tax rate	16.50%
Threshold limit of taxable income on which tax regimes applicable	$ 2

Earnings Per Share Attributab_3

Earnings Per Share Attributable to Ordinary Equity Holders of the Parent - Schedule of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Common Class A [Member]
Earnings Per Share, Basic [Abstract]
Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation -basic	$ 76,720	$ 65,527	$ 38,558
Weighted average number of shares outstanding—basic	206,965,601	138,490,789	62,327,851
Basic earnings per share	$ 0.37	$ 0.47	$ 0.62
Common Class B [Member]
Earnings Per Share, Basic [Abstract]
Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation -basic	$ 57,716	$ 76,206	$ 102,487
Weighted average number of shares outstanding—basic	155,698,533	160,959,872	165,665,944
Basic earnings per share	$ 0.37	$ 0.47	$ 0.62

Earnings Per Share Attributab_4

Earnings Per Share Attributable to Ordinary Equity Holders of the Parent - Additional Information (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Common Class A [Member]
Schedule of Earnings Per Share Basic and Diluted by Common Class [Line Items]
Earnings Per Share, Diluted	$ 0	$ 0.47	$ 0.62
Common Class B [Member]
Schedule of Earnings Per Share Basic and Diluted by Common Class [Line Items]
Earnings Per Share, Diluted	$ 0	$ 0.47	$ 0.62

Accounts Receivable - Summary o

Accounts Receivable - Summary of Accounts Receivables (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts Receivable [Line Items]
Accounts receivable	$ 5,525	$ 24,068	$ 11,097
Receivable from capital market solutions services [Member]
Accounts Receivable [Line Items]
Accounts receivable	0	10,466	11,097
Commission receivable from insurance brokerage [Member]
Accounts Receivable [Line Items]
Accounts receivable	200	349	0
Receivable from digital solutions and other services [Member]
Accounts Receivable [Line Items]
Accounts receivable	0	10,496	0
Receivable from hotel operations, hospitality and VIP services [Member]
Accounts Receivable [Line Items]
Accounts receivable	111	0	0
Receivable from media and entertainment services [Member]
Accounts Receivable [Line Items]
Accounts receivable	$ 5,214	$ 2,757	$ 0

Accounts Receivable - Summary_2

Accounts Receivable - Summary of Aging Analysis of Accounts Receivable (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts Receivable, Noncurrent, Past Due [Line Items]
Accounts receivable	$ 5,525	$ 24,068	$ 11,097
Not yet due [Member]
Accounts Receivable, Noncurrent, Past Due [Line Items]
Accounts receivable	3,075	22,796	9,498
Within 1 month [Member]
Accounts Receivable, Noncurrent, Past Due [Line Items]
Accounts receivable	530	932	7
1 to 3 months [Member]
Accounts Receivable, Noncurrent, Past Due [Line Items]
Accounts receivable	974	198	663
Over 3 months [Member]
Accounts Receivable, Noncurrent, Past Due [Line Items]
Accounts receivable	$ 946	$ 142	$ 929

Accounts Receivable - Summary_3

Accounts Receivable - Summary of Accounts Receivables Past Due Analysis (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts Receivable, Noncurrent, Credit Quality Indicator [Line Items]
Gross carrying amount	$ 5,525	$ 24,068	$ 11,097
A Rating [Member]
Accounts Receivable, Noncurrent, Credit Quality Indicator [Line Items]
Expected credit loss rate		0.15%	0.10%
Gross carrying amount		$ 10,844	$ 7,025
BBB Rating [Member]
Accounts Receivable, Noncurrent, Credit Quality Indicator [Line Items]
Expected credit loss rate	0.30%	0.27%	0.17%
Gross carrying amount	$ 5,525	$ 13,224	$ 3,106
CCC Rating [Member]
Accounts Receivable, Noncurrent, Credit Quality Indicator [Line Items]
Expected credit loss rate			0.10%
Gross carrying amount			$ 966

Accounts Receivable - Additiona

Accounts Receivable - Additional information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts Receivable [Line Items]
Estimated loss on default percent	46.90%	45%	45%
Accounts receivable, Allowance for credit loss	$ 0	$ 0	$ 0
Minimum [Member]
Accounts Receivable [Line Items]
Probability of default percent	0.39%	0.39%	0.12%
Maximum [Member]
Accounts Receivable [Line Items]
Probability of default percent	0.57%	0.57%	4.98%
Commission receivable from insurance brokerage [Member]
Accounts Receivable [Line Items]
Accounts receivable credit period	15 days
Digital solutions and other services [Member]
Accounts Receivable [Line Items]
Accounts receivable credit period	90 days

Prepayments, Deposits and Oth_3

Prepayments, Deposits and Other Receivables - Schedule of Prepayments, Deposits and Other Receivables (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Consideration receivables on disposal of investments to independent third parties		$ 46,408
Consideration receivable on disposal of subsidiaries to independent third parties (Note 5 C)	$ 10,000	44,885
Receivables from former subsidiaries		24,020
Prepayments	2,661	1,814	$ 2,658
Deposits	337	115	66
Other receivables	3,939	7,482	87
Less: impairment loss provided under expected credit loss model	(501)	(501)	0
Prepaid Expense and Other Assets, Current	$ 16,436	$ 124,223	$ 2,811	$ 3,210

Prepayments, Deposits and Oth_4

Prepayments, Deposits and Other Receivables - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Impairment loss provided under expected credit loss model	$ 501	$ 501	$ 0

Financial Assets at Fair Valu_3

Financial Assets at Fair Value Through Profit or Loss and Stock Loan - Summary of Financial Assets at Fair Value Through Profit or Loss and Stock Loan (Detail) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Financial Assets At Fair Value Through Profit Or Loss And Stock Loan [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	$ 66,290,000	$ 173,589,000	$ 330,248,000
Financial assets at fair value through profit or loss under stock loan	13,317,000	21,748,000	27,104,000
Total financial assets at fair value through profit or loss	79,607,000	195,337,000	357,352,000	$ 283,000,000
Listed equity shares, at quoted price
Listed equity shares, at quoted price	72,053,000	110,474,000	135,373,000
Unlisted equity shares
Unlisted equity shares	2,005,000	71,615,000	221,979
Movie income right investments	5,549,000	13,248,000
Investment A [Member]
Listed equity shares, at quoted price
Listed equity shares, at quoted price	54,494,000	89,254,000	135,373,000
Investment B [Member]
Listed equity shares, at quoted price
Listed equity shares, at quoted price	17,558,000	21,219,000
Investment C [Member]
Listed equity shares, at quoted price
Listed equity shares, at quoted price	1,000	1,000
Investment D [Member]
Unlisted equity shares
Unlisted equity shares		69,635,000	61,657,000
Investment E [Member]
Unlisted equity shares
Unlisted equity shares	1,517,000	1,492,000	1,481,000
Investment F [Member]
Unlisted equity shares
Unlisted equity shares	200,000	200,000
Investment G [Member]
Unlisted equity shares
Unlisted equity shares	288,000	$ 288,000
Investment H [Member]
Unlisted equity shares
Unlisted equity shares	0		11,056,000
Investment I [Member]
Unlisted equity shares
Unlisted equity shares	0		2,816,000
Investment J [Member]
Unlisted equity shares
Unlisted equity shares	0		143,689,000
Investment K [Member]
Unlisted equity shares
Unlisted equity shares	$ 0		$ 1,280,000

Financial Assets at Fair Valu_4

Financial Assets at Fair Value Through Profit or Loss and Stock Loan - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Jun. 01, 2022	Dec. 31, 2021	Dec. 28, 2021
AMTD Assets Alpha Group [Member]
Financial Assets At Fair Value Through Profit Or Loss And Stock Loan [Line Items]
Business combination consideration transferred including equity interest held in acquiree prior to combination	$ 276,000
Business combination percentage of voting interests acquired	80.10%
Business combination consideration transferred	$ 266,000
Fair Value of Listed Equity Shares [Member]
Financial Assets At Fair Value Through Profit Or Loss And Stock Loan [Line Items]
Embedded derivative asset at fair value	13,317	$ 21,748		$ 27,104
Fair Value through Profit or Loss [Member]
Financial Assets At Fair Value Through Profit Or Loss And Stock Loan [Line Items]
Unrealized gain losses on loans receivable	$ 8,371	$ 8,976		$ 6,095
Related Party [Member] \| Investment A Stock Loan [Member]
Financial Assets At Fair Value Through Profit Or Loss And Stock Loan [Line Items]
Loans receivable stated interest rate percentage					2%
Non-Related Party [Member] \| Investment A Stock Loan [Member]
Financial Assets At Fair Value Through Profit Or Loss And Stock Loan [Line Items]
Loans receivable stated interest rate percentage			2%

Derivative Financial Asset - Sc

Derivative Financial Asset - Schedule of Derivative Financial Asset (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Derivative Financial Asset [Line Items]
Derivative Asset, Current	$ 0	$ 185,069	$ 124,404	$ 132,080
Upside Participation and Profit Distribution Agreements [Member]
Derivative Financial Asset [Line Items]
Derivative Asset, Current	0	167,388	124,404
Future Settlement Contract [Member]
Derivative Financial Asset [Line Items]
Derivative Asset, Current	$ 0	$ 17,681	$ 0

Derivative Financial Asset - _2

Derivative Financial Asset - Schedule of Derivative Financial Asset in Accordance (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Derivative Asset [Abstract]
Derivative Asset	$ 167,388	$ 124,404	$ 132,080
Changes in fair value during the year		44,461	(6,947)
Partial settlement		(1,963)
Realized in profit or loss during the year	34,234
Realized gain upon disposal		486
Settlement	(201,411)
Exchange realignment	(211)		(729)
Derivative Asset	$ 0	$ 167,388	$ 124,404

Derivative Financial Asset - Ad

Derivative Financial Asset - Additional Information (Detail) $ in Thousands	1 Months Ended		12 Months Ended
	Nov. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 $ / shares	Dec. 31, 2022 USD ($) shares	Jun. 30, 2022 USD ($)
AMTD Investment Solutions Group And Amtd Strategic Investments [Member]
Derivative Financial Asset [Line Items]
Number of shares of investment disposed \| shares						2,673,000
Upside Participation and Profit Distribution Agreements [Member]
Derivative Financial Asset [Line Items]
Number of shares of investment disposed \| shares						2,673,000
Sale of stock price per share \| $ / shares					$ 3.27
Disposal of Investment	$ 56,142	$ 1,963	$ 5,697
Future Settlement Contract [Member]
Derivative Financial Asset [Line Items]
Disposal of Investment			$ 17,681
Aggregate price							$ 53,272
Fair value of underlying shares						$ 70,953
Net fair value changes recognized in profit or loss				$ 17,681

Cash and Bank Balances - Schedu

Cash and Bank Balances - Schedule of Cash and cash equivalents (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash and Cash Equivalents [Abstract]
General bank accounts	$ 120,234	$ 138,297	$ 67,494

Cash and Bank Balances - Additi

Cash and Bank Balances - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Cash and Cash Equivalents [Abstract]
Restricted Deposits	$ 135	$ 415	$ 0

Property, Plant and Equipment -

Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Property, Plant and Equipment [Line Items]
Cost, Beginning	$ 20	$ 538	$ 541
Exchange realignment	(1,594)		(3)
Additions	291	2
Additions from acquisition of subsidiaries	135,925	18
Disposal of subsidiaries	(63,451)	(538)
Cost, Ending	71,191	20	538
Accumulated Depreciation, Beginning	(8)	(529)	(531)
Charge for the year	(1,766)	(12)	(6)
Accumulated Depreciation, Exchange realignment	9		8
Accumulated Depreciation, Disposal of subsidiaries	628	533
Accumulated Depreciation, Ending	(1,137)	(8)	(529)
Property, Plant and Equipment	70,054	12	9	$ 10
Hotel Property [Member]
Property, Plant and Equipment [Line Items]
Cost, Beginning	0	0	0
Exchange realignment	(1,614)		0
Additions	15	0
Additions from acquisition of subsidiaries	135,592	0
Disposal of subsidiaries	(63,444)	0
Cost, Ending	70,549	0	0
Accumulated Depreciation, Beginning	0	0	0
Charge for the year	(1,621)	0	0
Accumulated Depreciation, Exchange realignment	11		0
Accumulated Depreciation, Disposal of subsidiaries	623	0
Accumulated Depreciation, Ending	(987)	0	0
Property, Plant and Equipment	69,562	0	0
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Cost, Beginning	0	1	1
Exchange realignment	0		0
Additions	0	0
Additions from acquisition of subsidiaries	0	0
Disposal of subsidiaries	0	(1)
Cost, Ending	0	0	1
Accumulated Depreciation, Beginning	0	(1)	(1)
Charge for the year	0	0	0
Accumulated Depreciation, Exchange realignment	0		0
Accumulated Depreciation, Disposal of subsidiaries	0	1
Accumulated Depreciation, Ending	0	0	(1)
Property, Plant and Equipment	0	0	0
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Cost, Beginning	20	537	540
Exchange realignment	1		(3)
Additions	57	2
Additions from acquisition of subsidiaries	79	18
Disposal of subsidiaries	(7)	(537)
Cost, Ending	150	20	537
Accumulated Depreciation, Beginning	(8)	(528)	(530)
Charge for the year	(25)	(12)	(6)
Accumulated Depreciation, Exchange realignment	0		8
Accumulated Depreciation, Disposal of subsidiaries	5	532
Accumulated Depreciation, Ending	(28)	(8)	(528)
Property, Plant and Equipment	122	12	9
Right of use Assets [Member]
Property, Plant and Equipment [Line Items]
Cost, Beginning	0	0	0
Exchange realignment	19		0
Additions	219	0
Additions from acquisition of subsidiaries	254	0
Disposal of subsidiaries	0	0
Cost, Ending	492	0	0
Accumulated Depreciation, Beginning	0	0	0
Charge for the year	(120)	0	0
Accumulated Depreciation, Exchange realignment	(2)		0
Accumulated Depreciation, Disposal of subsidiaries	0	0
Accumulated Depreciation, Ending	(122)	0	0
Property, Plant and Equipment	$ 370	$ 0	$ 0

Property, Plant and Equipment_2

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Property, Plant and Equipment [Line Items]
Collateral for bank borrowings	$ 69,562
lease liabilities	382
Property, Plant and Equipment	70,054	$ 12	$ 9	$ 10
Hotel Property [Member]
Property, Plant and Equipment [Line Items]
Collateral for bank borrowings	69,562
Property, Plant and Equipment	69,562	0	0
Right of use Assets [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment	$ 370	$ 0	$ 0

Goodwill - Schedule of Goodwil

Goodwill - Schedule of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Beginning of the period	$ 7,525	$ 0
Arising from acquisition of AMTD Digital		7,509
Disposal of subsidiaries	(7,511)
Exchange realignment	(14)	16
End of the period	$ 0	$ 7,525

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Goodwill [Line Items]
impairment of goodwill		$ 7,525
financial budget period	5 years	5 years
Developed Technology Rights [Member]
Goodwill [Line Items]
impairment of goodwill		$ 3,925

Intangible Assets - Schedule o

Intangible Assets - Schedule of Finite-Lived Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Net carrying, Beginning	$ 96,967	$ 1,946	$ 1,957
Exchange realignment	(113)	591	(11)
Recognized upon acquisition		4,808
Amortization during the year	(857)	(726)
Disposal of subsidiaries	(2,966)	(1,946)
Net carrying, Ending	118,423	96,967	1,946
Lofficiel [Member]
Finite-Lived Intangible Assets [Line Items]
Recognized upon acquisition		92,294
The Art Newspaper SA [Member]
Finite-Lived Intangible Assets [Line Items]
Recognized upon acquisition	25,392
Archived Images [Member]
Finite-Lived Intangible Assets [Line Items]
Net carrying, Beginning	500
Exchange realignment	(1)	3
Net carrying, Ending	499	500
Archived Images [Member] \| Lofficiel [Member]
Finite-Lived Intangible Assets [Line Items]
Recognized upon acquisition		497
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Net carrying, Beginning	3,925
Exchange realignment	(5)	6
Recognized upon acquisition		4,632
Amortization during the year	(848)	(713)
Disposal of subsidiaries	(2,966)
Net carrying, Ending	106	3,925
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Net carrying, Beginning	92,542
Exchange realignment	(107)	582
Recognized upon acquisition		176
Amortization during the year	(9)	(13)
Net carrying, Ending	117,818	92,542
Trade Names [Member] \| Lofficiel [Member]
Finite-Lived Intangible Assets [Line Items]
Recognized upon acquisition		91,797
Trade Names [Member] \| The Art Newspaper SA [Member]
Finite-Lived Intangible Assets [Line Items]
Recognized upon acquisition	$ 25,392
Securities Trading Licenses and Trading Right [Member]
Finite-Lived Intangible Assets [Line Items]
Net carrying, Beginning		1,946	1,957
Exchange realignment			(11)
Disposal of subsidiaries		$ (1,946)
Net carrying, Ending			$ 1,946

Intangible Assets - Additional

Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Period of Cash Flow Projections on Financial Budgets	5 years	5 years
Period of Cash Flow	5 years
Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	20 years
Intangible Assets, Current	$ 117,818	$ 92,542
Cash Flow Growth Rate	1.56%
Trade Names [Member] \| Fashion and Luxury Media Advertising and Marketing Services Segment [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Current	$ 92,379	92,216
Archived Images [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Current	$ 499	$ 500
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	7 years

Interests in Joint Ventures - S

Interests in Joint Ventures - Schedule of Interests in Joint Ventures (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interests in Joint Ventures [Abstract]
Cost of investments in joint ventures	$ (7,988)	$ 0	$ 0
Due from joint ventures	23,810	0	0
Interests in Joint Ventures	$ 15,822	$ 0	$ 0

Interests in Joint Ventures -_2

Interests in Joint Ventures - Schedule of Description in Material Joint Ventures (Detail)	12 Months Ended
	Dec. 31, 2023
Interests in Joint Ventures [Line Items]
Place of incorporation	E9
DHI Holdings (S) Pte Ltd. [Member]
Interests in Joint Ventures [Line Items]
Place of incorporation	U0
Percentage of ownership interest held by the Company	51%
Principal activity	Hotel operations, hospitality and VIP services

Interests in Joint Ventures -_3

Interests in Joint Ventures - Schedule of the Financial information of joint ventures (Detail) - USD ($) $ in Thousands	10 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Interests in Joint Ventures [Line Items]
Total assets	$ 1,486,590	$ 1,486,590	$ 1,060,723	$ 857,693	$ 1,357,880
Total liabilities	(193,016)	(193,016)	(58,309)	(115,178)	(103,471)
Cash and cash equivalents	120,234	120,234	138,297	67,494	58,560
Bank borrowings	30,373	30,373	458	0	$ 0
Revenues		130,914	175,171	179,815
Loss for the period		153,383	160,466	157,180
Other comprehensive income for the period		(482)	2,332	(6,703)
Total comprehensive income for the period		152,901	$ 162,798	$ 150,477
Singapore Hotel [Member]
Interests in Joint Ventures [Line Items]
Total assets	201,025	201,025
Total liabilities	(216,689)	(216,689)
Net assets	$ (15,664)	$ (15,664)
Proportion of the Group's ownership	51%	51%
Group's share of net assets of joint ventures	$ (7,988)	$ (7,988)
Due from joint ventures	23,810	23,810
Interests in joint ventures	15,822	15,822
Cash and cash equivalents	3,516	3,516
Amounts due to shareholders	48,280	48,280
Bank borrowings	163,438	$ 163,438
Revenues	24,129
Loss for the period	(4,578)
Other comprehensive income for the period	(600)
Total comprehensive income for the period	$ (5,178)

Accounts Payable - Schedule of

Accounts Payable - Schedule of Accounts Payable and Accrued Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounts Payable [Abstract]
Payables to suppliers of media and entertainment services	$ 8,628	$ 9,846
Client's monies held on trust (Note 15)			$ 18,763
Other	754	710	1,121
Total	$ 9,382	$ 10,556	$ 19,884

Bank Borrowings - Schedule of C

Bank Borrowings - Schedule of Currency Analysis of Bank Borrowings (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total	$ 96,166	$ 20,580	$ 49,879
Hong Kong dollars [Member]
Debt Instrument [Line Items]
Secured borrowings	50,655
Unsecured borrowings			14,879
United States dollars [Member]
Debt Instrument [Line Items]
Unsecured borrowings	45,000	20,045	$ 35,000
Euro [Member]
Debt Instrument [Line Items]
Unsecured borrowings	475	$ 535
British Pound [Member]
Debt Instrument [Line Items]
Unsecured borrowings	$ 36

Bank Borrowings - Summary of Cl

Bank Borrowings - Summary of Classification of Bank Borrowings (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Bank Borrowings [Abstract]
Non-current	$ 30,373	$ 458	$ 0	$ 0
Current	65,793	20,122	49,879	$ 29,960
Total	$ 96,166	$ 20,580	$ 49,879

Bank Borrowings - Additional In

Bank Borrowings - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Debt Instrument [Line Items]
Amount of bank borrowing	$ 30,373	$ 458	$ 0	$ 0
Collateral carrying amount	$ 69,562
Interest rate on borrowings	1.65%
Unsecured borrowings	$ 45,511	20,580	49,879
Bank borrowings	$ 65,793	$ 20,122	$ 49,879
Weighted average contractual interest rate	5.60%	6.30%	2.10%
Debt payable within five years	$ 30,373	$ 458	$ 0
Unsecured Debt [Member]
Debt Instrument [Line Items]
Interest rate on borrowings	0.25%
Hong Kong dollars [Member]
Debt Instrument [Line Items]
Amount of bank borrowing	$ 50,655
United States dollars [Member]
Debt Instrument [Line Items]
Amount of bank borrowing	15,000
Unsecured borrowings	$ 30,000

Other Payables and Accruals - S

Other Payables and Accruals - Schedule of Accrued Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accrued Liabilities and Other Liabilities [Abstract]
Accruals and other payables	$ 14,221	$ 14,714	$ 11,748
Consideration payable on acquisition of subsidiaries	3,195
Contract liabilities	1,462	2,190	81
Lease liabilities	382
Total	$ 19,260	$ 16,904	$ 11,829

Other Payables and Accruals -_2

Other Payables and Accruals - Schedule of Accrued Liabilities (Parenthetical) (Detail) $ in Thousands	Dec. 31, 2023 USD ($)
Other Payables and Accruals [Line Items]
Lessee, operating lease, liability, to be paid, year one	$ 186
Lessee, operating lease, liability, to be paid, year two	113
Lessee, operating lease, liability, to be paid, year five	$ 86
Maximum [Member]
Other Payables and Accruals [Line Items]
Incremental borrowing rate on lease liabilities	5.50%
Minimum [Member]
Other Payables and Accruals [Line Items]
Incremental borrowing rate on lease liabilities	4.50%

Provisions - Schedule of Provi

Provisions - Schedule of Provision Claims From Vendors (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2021
Provisions [Abstract]
Beginning balance	$ 4,079	$ 0
Additions from acquisition of subsidiaries		4,094
Settled during the year	(831)	(95)
Exchange alignment	142	$ 80
Additions	476
Ending balance	$ 3,866

Deferred Tax Liabilities - Sche

Deferred Tax Liabilities - Schedule of Deferred tax liabilities (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Components of Deferred Tax Liabilities [Abstract]
Beginning balance	$ 3,307	$ 0
Acquisitions of subsidiaries	2,920	3,531
Deferred tax credited to profit or loss during the year	(140)	(242)
Exchange alignment		18
Disposal of subsidiaries	(504)
Ending balance	$ 5,583	$ 3,307

Convertible Bond and Derivati_3

Convertible Bond and Derivative Financial Liability - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended	12 Months Ended
	Dec. 19, 2019	Jan. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Convertible debt rate of interest	2%
Debt instrument face value	$ 15,000,000
Convertible bond conversion basis			99.44 American Depositary Shares (“ADSs”) per US$1,000 principal
Common Class A [Member] \| Convertible Debt [Member]
Debt Instrument [Line Items]
Debt instrument conversion price per share		$ 8.08
Debt instrument minimum amount eligible for conversion	$ 10,000,000
Stock issued during the period shares conversion of convertible securities		1,856,436		1,856,436
Common Class A [Member] \| Convertible Debt [Member] \| ADR [Member]
Debt Instrument [Line Items]
Debt instrument conversion price per share	$ 99.44

Convertible Bond and Derivati_4

Convertible Bond and Derivative Financial Liability - Summary of the Movement of Convertible Bond (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
At January 1,	$ 14,362	$ 13,247
Interest for the year	55	1,040
Converted into class A shares	(14,414)
Exchange alignment	(3)	75
At December 31,	0	14,362
Derivative financial liability [Member]
Debt Instrument [Line Items]
At January 1,	1,764
At December 31,		1,764
At January 1,		1,662
Fair value gain recognized in profit or loss	(1,704)
Converted into class A shares	(55)
Exchange alignment	(5)	$ 102
At December 31,	$ 0

Share Capital, Capital Reserv_3

Share Capital, Capital Reserve and Treasury Shares - Schedule of Common Stock Outstanding (Detail) - shares	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Common Class A [Member]
Class of Stock [Line Items]
Beginning balance	144,077,211	62,327,851	62,327,851
Issued during the year	98,688,525	77,467,981
Conversion of class B ordinary share to class A ordinary shares		4,281,379
Repurchase of ordinary shares	0	0	0
Ending Balance	242,765,736	144,077,211	62,327,851
Re-issue of treasury shares	0
Common Class B [Member]
Class of Stock [Line Items]
Beginning balance	127,458,343	114,138,955	183,283,628
Issued during the year	0	54,524,730
Conversion of class B ordinary share to class A ordinary shares		(4,281,379)
Repurchase of ordinary shares	(4,773,270)	(36,923,963)	(69,144,673)
Ending Balance	153,560,649	127,458,343	114,138,955
Re-issue of treasury shares	30,875,576
Common Class B [Member] \| Treasury Stock, Common [Member]
Class of Stock [Line Items]
Re-issue of treasury shares	(30,875,576)
Beginning balance	106,068,636	69,144,673	0
Repurchase of ordinary shares	4,773,270	36,923,963	69,144,673
Ending Balance	79,966,330	106,068,636	69,144,673

Share Capital, Capital Reserv_4

Share Capital, Capital Reserve and Treasury Shares - Schedule of Common Stock Outstanding (Parenthetical) (Detail) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended			12 Months Ended
	Feb. 28, 2023	Apr. 30, 2022	Jan. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Amtd Assets [Member]
Class of Stock [Line Items]
Treasury Stock, Shares, Acquired	30,875,576
Shares Acquired, Average Cost Per Share	$ 8.68
AMTD Digital [Member] \| Immediate Holding Company [Member]
Class of Stock [Line Items]
Business combination percentage of voting interests acquired					82.70%
The Art Newspapet SA [Member]
Class of Stock [Line Items]
Business combination percentage of voting interests acquired				100%
Common Class A [Member]
Class of Stock [Line Items]
Stock issued during the period shares new issues				98,688,525	77,467,981
Stock repurchased during the period shares				0	0	0
Common Class A [Member] \| Private Investors [Member]
Class of Stock [Line Items]
Stock issued during the period shares new issues		90,000,000			8,411,215
Shares issued price per share		$ 1.04
Common Class A [Member] \| AMTD Digital [Member]
Class of Stock [Line Items]
Stock issued during the period shares acquisition of business					67,200,330
Common Class A [Member] \| The Art Newspapet SA [Member]
Class of Stock [Line Items]
Business combination equity interests issued or issuable number of shares issued				8,688,525
Business combination equity interests issued or issuable value assigned				$ 5,607
Common Class B [Member]
Class of Stock [Line Items]
Stock issued during the period shares new issues				0	54,524,730
Stock repurchased during the period shares				4,773,270	36,923,963	69,144,673
Common Class B [Member] \| Immediate Holding Company [Member]
Class of Stock [Line Items]
Stock repurchased during the period shares				40,000	320,603	642,055
Stock repurchased during the period value				$ 4,773,270	$ 36,923,963	$ 69,144,673
Common Class B [Member] \| Private Investors [Member]
Class of Stock [Line Items]
Stock issued during the period shares new issues		3,271,028
Common Class B [Member] \| AMTD Digital [Member]
Class of Stock [Line Items]
Stock issued during the period shares acquisition of business					51,253,702
Class A And Class B Common Stock [Member] \| Private Investors [Member]
Class of Stock [Line Items]
Shares issued price per share		$ 4.28
Class A And Class B Common Stock [Member] \| AMTD Digital [Member]
Class of Stock [Line Items]
Stock issued during the period shares acquisition of business					992,645
Convertible Debt [Member] \| Common Class A [Member]
Class of Stock [Line Items]
Stock issued during the period shares acquisition of business			1,856,436		1,856,436
Debt instrument conversion price per share			$ 8.08

Perpetual Securities - Addition

Perpetual Securities - Additional Information (Detail)

1 Months Ended

12 Months Ended

Oct. 27, 2021 USD ($)

Oct. 27, 2021 SGD ($)

May 14, 2020 USD ($)

May 14, 2020 SGD ($)

May 31, 2023

Apr. 30, 2023

Dec. 31, 2023 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2020 USD ($)

Dec. 31, 2017 USD ($)

Dec. 31, 2017 SGD ($)

Disclosure In Entirety Of Perpetual Securities [Line Items]

Stock issued during the period value new issues

$ 93,600,000

$ 50,000,000

Net income loss attributable to the holders of perpetual securities

8,558,000

15,702,000

$ 16,175,000

Non Cash Considration Given [Member]

Disclosure In Entirety Of Perpetual Securities [Line Items]

Value of consideration given non cash transaction

$ 49,288

Perpetual Securities One [Member]

Disclosure In Entirety Of Perpetual Securities [Line Items]

Stock issued during the period value new issues

$ 200,000,000,000

Perpetual securities dividend rate percentage

7.25%

1.50%

7.25%

Stock issued in settlement of securities value

$ 38,920,000,000

Date on which the instruments become callable

May 14, 2023

Distribution initial spread percentage

7.011%

Distribution step up margin percentage

Perpetual Securities Two [Member]

Disclosure In Entirety Of Perpetual Securities [Line Items]

Stock issued during the period value new issues

$ 50,000,000

Perpetual securities dividend rate percentage

4.50%

Stock issued in settlement of securities value

$ 14,740,000

Payment of stock issuance costs

575

Date on which the instruments become callable

May 14, 2025

Early redemption of perpetual securities

$ 8,373,000

$ 11,188,000

Perpetual securities redemption as a percentage of principal amount

75%

Perpetual Securities One And Two [Member]

Disclosure In Entirety Of Perpetual Securities [Line Items]

Cash paid to holders of preprtual securities

$ 2,796,000

$ 15,753,000

$ 15,994,000

Notes to the Consolidated Sta_2

Notes to the Consolidated Statements of Cash Flows - Additional Information (Detail) - USD ($)	1 Months Ended	12 Months Ended
	Jan. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Other Receivables [Member]
Cash Flow Supplemental Disclosures [Line Items]
Value of consideration received non cash transaction		$ 388,972,000
Common Class B [Member]
Cash Flow Supplemental Disclosures [Line Items]
Stock repurchased during the period shares		4,773,270	36,923,963	69,144,673
Common Class A [Member]
Cash Flow Supplemental Disclosures [Line Items]
Stock repurchased during the period shares		0	0	0
Common Class A [Member] \| Private Investor [Member]
Cash Flow Supplemental Disclosures [Line Items]
Stock repurchased during the period shares			5,852,805
Stock repurchased during the period value			$ 4,280
Common Class A [Member] \| Convertible Debt [Member]
Cash Flow Supplemental Disclosures [Line Items]
Stock Issued During Period, Shares, Conversion of Convertible Securities	1,856,436		1,856,436
Financial Assets At Fair Value Through Profit Or Loss [Member]
Cash Flow Supplemental Disclosures [Line Items]
Consideration payable through current accounts of the group				$ 20,930,000
Purchase of financial assets a fair value through profit or loss				20,930,000
Listed Equity Investment [Member] \| Common Class A [Member] \| Private Investor [Member]
Cash Flow Supplemental Disclosures [Line Items]
Value of consideration received non cash transaction			$ 25,050,000
One Of The Former Fellow Subsidiaries [Member] \| Underlying Securities For The Other Equity Linked Note [Member]
Cash Flow Supplemental Disclosures [Line Items]
Disposal of equity linked notes consideration receivable through current accounts				23,365,000
Gain loss on sale of investments				15,322,000
One Of The Former Fellow Subsidiaries [Member] \| Financial Assets At Fair Value Through Profit Or Loss [Member]
Cash Flow Supplemental Disclosures [Line Items]
Gain loss on sale of investments				772,000
Disposal of financial assets at fair value through profit or loss consideration receivable through current accounts				25,145,000
Consideration payable through current accounts of the group				$ 25,145,000
AMTD Group [Member] \| Common Class B [Member]
Cash Flow Supplemental Disclosures [Line Items]
Stock repurchased during the period shares		4,773,270	36,923,963	69,144,673
Stock repurchased during the period value		$ 40,000,000	$ 320,603,000	$ 642,055,000
Payable for the repurchase of shares through current accounts of the group		$ 40,000,000	$ 320,603,000	$ 642,055,000

Related Party Transactions - Sc

Related Party Transactions - Schedule of Addition to the Transactions Disclosed Elsewhere in these Consolidated Financial Statements (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Revenues	$ 130,914	$ 175,171	$ 179,815
Insurance commission received from immediate holding company and a fellow subsidiary	22,942	18,063	16,149
Interest income	5,525	6,551
—Staff costs	20,083	16,504	12,296
Asset Acquisition, Consideration Transferred	(268,000)
Fellow Subsidiary [Member] \| Capital Market Solution Services [Member]
Related Party Transaction [Line Items]
Revenues		3	148
Fellow Subsidiary [Member] \| Investment Advisory Services [Member]
Related Party Transaction [Line Items]
Investment advisory fee paid to a fellow subsidiary		21	23
Fellow Subsidiary [Member] \| Insurance Agency Survives Received [Member]
Related Party Transaction [Line Items]
Insurance commission paid to a fellow subsidiary			7
Fellow Subsidiary [Member] \| Investment Acquisition [Member]
Related Party Transaction [Line Items]
Acquisition of investment			1,481
Related Companies Controlled By A Director of The Company [Member] \| Capital Market Solution Services [Member]
Related Party Transaction [Line Items]
Revenues		1,149
Former Fellow Subsidiary [Member] \| Capital Market Solution Services [Member]
Related Party Transaction [Line Items]
Revenues			13,417
Former Fellow Subsidiary [Member] \| Investment Disposal [Member]
Related Party Transaction [Line Items]
Proceed of disposal of an investment to a former fellow subsidiary			48,573
Former Fellow Subsidiary [Member] \| Interest On Stock Loan Advanced [Member]
Related Party Transaction [Line Items]
Interest income			4
Former Fellow Subsidiary [Member] \| Perpetual Securities Redeemed [Member]
Related Party Transaction [Line Items]
Payments for Repurchase of Other Equity			598
Immediate Holding Company [Member] \| Management Services [Member]
Related Party Transaction [Line Items]
Management fee paid to immediate holding company		18	19
Immediate Holding Company [Member] \| Digital Solution And Other Services [Member]
Related Party Transaction [Line Items]
Revenues	2,554	1,592
Immediate Holding Company [Member] \| Fashion Art Luxury Media Advertising Sales And Marketing Services [Member]
Related Party Transaction [Line Items]
Fashion, art and luxury media advertising and marketing services from immediate holding company	2,726	2,888
Immediate Holding Company [Member] \| Investment Acquisition [Member]
Related Party Transaction [Line Items]
Acquisition of investment			20,930
Immediate Holding Company [Member] \| Administrative Services [Member]
Related Party Transaction [Line Items]
Administrative service fee paid to immediate holding company	4,597	3,767	3,087
Immediate Holding Company [Member] \| Interest Income From Loans Advanced [Member]
Related Party Transaction [Line Items]
Interest income	10,489	9,703	14,926
Immediate Holding Company [Member] \| Allocation Of Certain Costs [Member]
Related Party Transaction [Line Items]
—Staff costs		4,084	2,841
—Premises cost		1,469	1,796
Staff Costs And Premises Maintenance		5,553	4,637
Immediate Holding Company [Member] \| Treasury Shares Repurchased [Member]
Related Party Transaction [Line Items]
Treasury shares repurchased from immediate holding company	40,000	320,603	642,055
Immediate Holding Company [Member] \| Asset Acquisition [Member]
Related Party Transaction [Line Items]
Asset Acquisition, Consideration Transferred	268,000
Immediate Holding Company [Member] \| Disposal Of Financial Assets [Member]
Related Party Transaction [Line Items]
Disposal of financial assets at fair value through profit or loss to immediate holding company	80,155
Related Company [Member] \| Perpetual Securities Redeemed [Member]
Related Party Transaction [Line Items]
Payments for Repurchase of Other Equity			$ 4,594
Immediate Holding Company And A Fellow Subsidiaries [Member] \| Insurance Agency Survives Received [Member]
Related Party Transaction [Line Items]
Insurance commission received from immediate holding company and a fellow subsidiary	$ 48	4
Immediate Holding Company And A Fellow Subsidiaries [Member] \| Acquisition Of Subsidiary Company [Member]
Related Party Transaction [Line Items]
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net		$ 740,451

Related Party Transactions - _2

Related Party Transactions - Schedule of Addition to the Transactions Disclosed Elsewhere in these Consolidated Financial Statements (Parenthetical) (Detail) $ in Thousands, $ in Millions	6 Months Ended	12 Months Ended			18 Months Ended
	Jun. 30, 2022 HKD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2023 HKD ($)	Aug. 31, 2022	Jan. 01, 2021 USD ($)
Related Party Transaction [Line Items]
Asset acquisition consideration transferred or transferrable		$ (268,000)
Unsecured debt current		$ 55,803	$ 0	$ 0			$ 0
HIBOR [Member] \| Short Term Debt Tranche One Variable Rate Of Interest [Member]
Related Party Transaction [Line Items]
Debt instrument variable interest spread percentage		1.15%
Amtd Assets [Member]
Related Party Transaction [Line Items]
Business combination voting interest percentage		100%				96.10%
Related Company [Member] \| Unlisted Equity Investment [Member]
Related Party Transaction [Line Items]
Gain loss on disposal of equity investments without readily determinable fair value				16,094
Immediate Holding Company [Member] \| Staff And Premises Costs [Member]
Related Party Transaction [Line Items]
Fixed Service Fee Per Quarter	$ 6				$ 9
Immediate Holding Company [Member] \| Loan Receivable On Demand [Member]
Related Party Transaction [Line Items]
Related party transaction rate of interest		2%
Loans receivable gross current		$ 1,057,007	287,178	275,127
Financing receivable allowance for credit loss current		4,988	$ 0	$ 0
Immediate Holding Company [Member] \| Disposal of Financial Assets [Member]
Related Party Transaction [Line Items]
Proceeds from Sale of Financial Assets at Fair Value through Profit or Loss to Immediate Holding Company		80,155
Immediate Holding Company [Member] \| Asset Acquisition [Member]
Related Party Transaction [Line Items]
Asset acquisition consideration transferred or transferrable		268,000
Immediate Holding Company [Member] \| AMTD Digital [Member]
Related Party Transaction [Line Items]
Business combination voting interest percentage			82.70%
Business combination consideration transferred			$ 993,000
Non Controlling Shareholder [Member]
Related Party Transaction [Line Items]
Unsecured debt current		22,681
Non Controlling Shareholder [Member] \| HIBOR [Member] \| Short Term Debt Tranche One Variable Rate Of Interest [Member]
Related Party Transaction [Line Items]
Unsecured debt current		7,643
Non Controlling Shareholder [Member] \| HIBOR [Member] \| Short Term Debt Tranche Two Variable Rate Of Interest [Member]
Related Party Transaction [Line Items]
Unsecured debt current		$ 25,479
Debt instrument variable interest spread percentage		1.15%
AMTD Assets Alpha Group [Member]
Related Party Transaction [Line Items]
Additional Percentage Interests Acquired In Subsidiaries				19.90%

Related Party Transactions - _3

Related Party Transactions - Schedule of Compensation of Key Management (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transactions [Abstract]
Short-term employee benefits	$ 1,459	$ 4,255	$ 2,885
Other long-term benefit	6	13	7
Key Managerial Personnel Remuneration	$ 1,465	$ 4,268	$ 2,892

Fair Value and Fair Value Hie_3

Fair Value and Fair Value Hierarchy of Financial Instruments - Summary of the Carrying Amounts and Fair Values pf the Group's Financial Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Jan. 01, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Financial assets at fair value through profit or loss	$ 79,607	$ 195,337	$ 357,352	$ 283,000
Derivative financial asset	0	185,069	124,404	$ 132,080
Carrying amounts			481,756
Fair values	79,607	380,406	481,756
Financial assets at fair value through profit or loss [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair values	$ 79,607	195,337	357,352
Derivative Financial Instruments, Assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair values		$ 185,069	$ 124,404

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, 2023	Dec. 31, 2022	Dec. 31, 2021
Measurement Input, Price Volatility [Member] \| Multiple EVA [Member] \| Unlisted Equity Investment E [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation technique	Multiple/ EVA	Multiple/ EVA
Significant unobservable input	Equity volatility	Equity volatility
Range or estimate	69.60	69.60
Measurement Input, Price Volatility [Member] \| Multiple EVA [Member] \| Unlisted Equity Investment H [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation technique			Multiple/ EVA
Significant unobservable input			Equity volatility
Range or estimate			75.29
Measurement Input, Price Volatility [Member] \| Multiple EVA [Member] \| Unlisted Equity Investment I [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation technique			Multiple/ EVA
Significant unobservable input			Equity volatility
Range or estimate			48.52
Measurement Input, Price Volatility [Member] \| Monte Carlo Stimulation Method [Member] \| Derivative Financial Instruments, Assets [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation technique		MCS	MCS
Significant unobservable input		Volatility of Underlying Assets	Volatility of Underlying Assets
Range or estimate		49.78	35.95
Measurement Input, Price Volatility [Member] \| Binomial Option Pricing Model [Member] \| Derivative Financial Instruments, Liabilities [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation technique			Binomial option pricing model
Significant unobservable input			Volatility
Range or estimate			46.21
Measurement Input, Discount Rate [Member] \| Unlisted Equity Investment J [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Significant unobservable input			Discount of lack of marketability
Range or estimate			45
Measurement Input, Discount Rate [Member] \| Derivative Financial Instruments, Liabilities [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Significant unobservable input			Discount rate
Range or estimate			12.52
Measurement Input, Discount Rate [Member] \| Valuation, Income Approach [Member] \| Movie Income Right Investments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation technique	Income approach	Income approach
Significant unobservable input	Discount rate	Discount rate
Net Asset Value Method [Member] \| Measurement Input Net Asset Value Method [Member] \| Unlisted Equity Investment D [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation technique		Net asset value method	Net asset value method
Significant unobservable input		Net asset value	Net asset value
Median Forward PE multiple of peers [Member] \| Unlisted Equity Investment H [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Significant unobservable input			Median Forward P/E multiple of peers
Range or estimate			2.10
Median Forward PE multiple of peers [Member] \| Unlisted Equity Investment I [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Significant unobservable input			Median Forward P/E multiple of peers
Range or estimate			18.97
Average PE multiple of peers [Member] \| Multiple EVA [Member] \| Unlisted Equity Investment J [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation technique			Multiple/ EVA
Significant unobservable input			Average P/E multiple of peers
Range or estimate			61.29
Minimum [Member] \| Measurement Input, Discount Rate [Member] \| Valuation, Income Approach [Member] \| Movie Income Right Investments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range or estimate	10.40	10.40
Maximum [Member] \| Measurement Input, Discount Rate [Member] \| Valuation, Income Approach [Member] \| Movie Income Right Investments [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range or estimate	12.59	12.59

Fair Value and Fair Value Hie_5

Fair Value and Fair Value Hierarchy of Financial Instruments - Summary of Assets Measured at Fair Value (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value	$ 79,607	$ 380,406	$ 481,756
Financial assets at fair value through profit or loss [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value	79,607	195,337	357,352
Derivative financial assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value		185,069	124,404
Quoted prices in active markets (Level 1) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value		110,474	135,373
Quoted prices in active markets (Level 1) [Member] \| Financial assets at fair value through profit or loss [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value	72,053	110,474	135,373
Quoted prices in active markets (Level 1) [Member] \| Derivative financial assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value		0	0
Recent transaction price (Level 2) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value		22,016	2,761
Recent transaction price (Level 2) [Member] \| Financial assets at fair value through profit or loss [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value	1,813	4,335	2,761
Recent transaction price (Level 2) [Member] \| Derivative financial assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value		17,681	0
Significant unobservable inputs (Level 3) [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value		247,916	343,622
Significant unobservable inputs (Level 3) [Member] \| Financial assets at fair value through profit or loss [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value	$ 5,741	80,528	219,218
Significant unobservable inputs (Level 3) [Member] \| Derivative financial assets [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Assets measured at fair value		$ 167,388	$ 124,404

Fair Value and Fair Value Hie_6

Fair Value and Fair Value Hierarchy of Financial Instruments - Summary of the Movements in Fair Value Measurements Within Level 3 (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Unlisted equity shares at fair value through profit or loss [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
At January 1,	$ 80,528	$ 219,219	$ 38,681
Addition	0	21,712	20,930
Disposal	(25,539)	(45,404)	(25,289)
Transfer	4,118	1,491	143,689
Derecognition upon acquisition of subsidiaries	(66,190)	(162,747)	0
Receipt of investment return	0	(2,680)	0
Profit or loss	12,804	49,267	41,208
Exchange realignment	20	(330)	0
At December 31,	5,741	80,528	219,219
Upside participation and distribution agreement [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
At January 1,	167,388	124,404	132,080
Profit or loss	34,234	44,461	(6,947)
Gain related to disposed investment	0	486	0
Settlement	(201,411)	(1,963)	0
Exchange realignment	(211)	0	(729)
At December 31,	$ 0	$ 167,388	$ 124,404

Fair Value and Fair Value Hie_7

Fair Value and Fair Value Hierarchy of Financial Instruments - Summary of Fair Value Liabilities Measured on Recurring Basis Unobservable Input Reconciliation (Detail) - Derivative Financial Instruments, Liabilities [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
At January 1,	$ 0	$ 1,764	$ 1,662
Net fair value changes recognized in profit or loss	0	(1,704)	0
Converted into class A shares	0	(55)	0
Exchange alignment	0	(5)	102
At December 31,	$ 0	$ 0	$ 1,764

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($) $ in Thousands		12 Months Ended
	Aug. 03, 2020	Dec. 31, 2023	Dec. 31, 2022	Jul. 31, 2021
AMTD Digital [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, award vesting period	3 years
Share-based payment arrangement, expense		$ 207	$ 205
Employee service share based compensation non vested awards total compensation cost not yet recognized		$ 50	$ 229
Employee service share based compensation nonvested awards total compensation cost not yet recognized period for recognition1		7 months 6 days	1 year 1 month 6 days
AMTD Digital [Member] \| Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares available for grant				17,540
Aggregate fair value for restricted stock units		$ 258	$ 737
Share-based compensation arrangement by share-based payment award, equity instruments other than options, vested in period		5,847	5,847
AMTD Digital [Member] \| Common Class A [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, number of shares available for grant	38,710
Share Incentive Two Thousand and Nineteen Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share-based compensation arrangement by share-based payment award, shares issued in period		20,000,000
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 - Summary of Assets Acquired and Liabilities Recognized at the Date of Acquisition (Detail) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Total	$ 3,154
Amtd Assets [Member]
Business Acquisition [Line Items]
Interests in joint ventures	24,726
Property, plant and equipment	135,592
Cash and bank balances	3,860
Accounts receivable	527
Prepayments, deposits and other receivables	20,365
Amount due from a non-controlling shareholder	637
Account payable	(311)
Accruals and other payables	(2,269)
Bank borrowings	(50,849)
Amount due to a non-controlling shareholder	(53,464)
Amount due to AMTD Group	(81,968)
Total	(3,154)
The Art Newspaper SA [Member]
Business Acquisition [Line Items]
Property, plant and equipment	333
Cash and bank balances	27
Accounts receivable	674
Prepayments, deposits and other receivables	301
Account payable	(402)
Accruals and other payables	(2,068)
Bank borrowings	(37)
Intangible assets	25,392
Deferred tax liabilities	(2,920)
Total	$ 21,300
AMTD Idea Group [Member]
Business Acquisition [Line Items]
Property, plant and equipment		$ 18
Cash and bank balances		13,051
Accounts receivable		7,519
Prepayments, deposits and other receivables		35,581
Account payable		(1,119)
Accruals and other payables		(8,647)
Intangible assets		4,808
Deferred tax liabilities		(762)
Goodwill		7,509
Other assets		1,753
Due from immediate holding company		317,991
Financial assets at fair value through profit or loss		21,199
Tax payable		(3,611)
Total		395,290
Lofficiel [Member]
Business Acquisition [Line Items]
Cash and bank balances		247
Accounts receivable		1,855
Prepayments, deposits and other receivables		2,745
Account payable		(11,489)
Accruals and other payables		(11,033)
Bank borrowings		(585)
Intangible assets		92,294
Deferred tax liabilities		(2,769)
Provisions		(4,094)
Restricted cash		477
Total		$ 67,648

Acquisitions of Subsidiaries _2

Acquisitions of Subsidiaries - Summary of Reserve Arising on Acquisition (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Consideration transferred	$ 268,000
Less: recognized amounts of net liabilities acquired	3,154
Total	275,154
AMTD Idea Group [Member]
Business Acquisition [Line Items]
Consideration transferred		$ 1,155,392
Plus: non-controlling interests of AMTD		11,427
Less: recognized amounts of net liabilities acquired		(395,290)
Total		774,197
AMTD Digital [Member]
Business Acquisition [Line Items]
Plus: non-controlling interests of AMTD	(1,019)
Amtd Assets [Member]
Business Acquisition [Line Items]
Plus: non-controlling interests of AMTD	(336)
Less: recognized amounts of net liabilities acquired	(3,154)
Amtd Assets Subsidiaries [Member]
Business Acquisition [Line Items]
Plus: non-controlling interests of AMTD	$ 5,355
Amtd Assets Subsidiaries [Member] \| AMTD Idea Group [Member]
Business Acquisition [Line Items]
Plus: non-controlling interests of AMTD		$ 2,668

Acquisitions of Subsidiaries _3

Acquisitions of Subsidiaries - Summary of Reserve Arising on Acquisition (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2022
Business Combinations [Abstract]
Percentage Of Non Controlling Interest Recognized At Acquisition Date	2.91

Acquisitions of Subsidiaries _4

Acquisitions of Subsidiaries - Summary of Net Cash Inflow on Acquisition (Detail) € in Thousands, $ in Thousands		12 Months Ended
	Apr. 20, 2022 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 EUR (€)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Business Acquisition [Line Items]
Cash consideration paid				$ (62,800)
Total		$ 1,347		13,326	$ 0
Amtd Assets [Member]
Business Acquisition [Line Items]
Cash consideration paid		0
Add: cash and cash equivalent balances acquired		3,860
Total		3,860
The Art Newspaper SA [Member]
Business Acquisition [Line Items]
Cash consideration paid		(2,540)	€ (2,888,888)
Add: cash and cash equivalent balances acquired		27
Total		$ (2,513)
AMTD Digital [Member]
Business Acquisition [Line Items]
Cash consideration paid				0
Add: cash and cash equivalent balances acquired				13,051
Total				13,051
Lofficiel [Member]
Business Acquisition [Line Items]
Cash consideration paid	$ (62,800)			(62,800)
Add: cash and cash equivalent balances acquired				247
Total				$ (62,553)

Acquisitions of Subsidiaries _5

Acquisitions of Subsidiaries - Summary of Consideration Transferred (Detail) € in Thousands, $ in Thousands	1 Months Ended	12 Months Ended
	Feb. 28, 2022 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2023 EUR (€)	Dec. 31, 2022 USD ($)
Business Acquisition [Line Items]
Cash				$ 62,800
The Art Newspaper SA [Member]
Business Acquisition [Line Items]
Cash		$ 2,540	€ 2,888,888
Other consideration payable		3,077
Total		16,831
Fair value of previously held equity interest				162,747
Total				1,155,392
The Art Newspaper SA [Member] \| AMTD Digital [Member]
Business Acquisition [Line Items]
Ordinary shares of the Company	$ 993,000
The Art Newspaper SA [Member] \| Common Stock [Member]
Business Acquisition [Line Items]
Ordinary shares of the Company		5,607
The Art Newspaper SA [Member] \| Common Stock [Member] \| AMTD Digital [Member]
Business Acquisition [Line Items]
Ordinary shares of the Company		$ 5,607		$ 992,645

Acquisitions of Subsidiaries _6

Acquisitions of Subsidiaries - Summary of Gain Arising on Acquisition (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
The Art Newspaper SA [Member]
Business Acquisition [Line Items]
Recognized amounts of net assets acquired	$ 21,300
Less: consideration paid/payable	(16,831)
Total	4,469
Lofficiel [Member]
Business Acquisition [Line Items]
Recognized amounts of net assets acquired		$ 67,648
Less: consideration paid/payable		$ (62,800)
Total	$ 4,848

Acquisitions of Subsidiaries _7

Acquisitions of Subsidiaries - Additional Information (Detail) $ / shares in Units, € in Thousands, $ in Thousands					1 Months Ended		12 Months Ended
	Feb. 06, 2023 USD ($)	Jan. 01, 2023 USD ($)	Apr. 20, 2022 USD ($)	Jan. 01, 2022 USD ($)	Aug. 31, 2022 $ / shares shares	Feb. 28, 2022 USD ($) $ / shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2023 EUR (€) shares	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)
Business Acquisition [Line Items]
Stock issued during period value purchase of assets							$ 3,154
Revenues							130,914		$ 175,171	$ 179,815
Net income (loss) attributable to parent							153,383		160,466	$ 157,180
Business combination, bargain purchase, gain recognized, amount							4,469		4,848
Payments to acquire businesses, gross									62,800
Capital Reserve [Member]
Business Acquisition [Line Items]
Stock issued during period value purchase of assets							275,154
Treasury Stock, Common [Member]
Business Acquisition [Line Items]
Stock issued during period value purchase of assets							$ (268,000)
Amtd Assets [Member]
Business Acquisition [Line Items]
Business acquisition percentage of voting interests acquired					96.10%		100%
Business combination, separately recognized transactions, additional disclosures, acquisition costs							$ 0
Payments to acquire businesses, gross							0
Amtd Assets [Member] \| Capital Reserve [Member]
Business Acquisition [Line Items]
Stock issued during period value purchase of assets	$ 275,154
Amtd Assets [Member] \| Treasury Stock, Common [Member]
Business Acquisition [Line Items]
Payments for repurchase of equity							268,000
Amtd Assets [Member] \| Common Class B [Member]
Business Acquisition [Line Items]
Business acquisition equity interests issued or issuable number of shares issued \| shares					30,875,576
Business acquisition share price \| $ / shares					$ 8.68
Lofficiel [Member]
Business Acquisition [Line Items]
Business acquisition percentage of voting interests acquired			100%
Revenues									4,700
Net income (loss) attributable to parent									2,700
Business combination, bargain purchase, gain recognized, amount							4,848
Business combination, acquired receivable, fair value							1,855
Business combination, acquired receivables, gross contractual amount							$ 2,492
Business combination, separately recognized transactions, additional disclosures, acquisition costs									0
Payments to acquire businesses, gross			$ 62,800						62,800
Business combination consideration transferred									62,800
Lofficiel [Member] \| AMTD Idea Group [Member]
Business Acquisition [Line Items]
Revenues				$ 177,000
Net income (loss) attributable to parent				$ 159,000
The Art Newspaper SA [Member]
Business Acquisition [Line Items]
Business acquisition equity interests issued or issuable number of shares issued \| shares							8,688,525	8,688,525
Net income (loss) attributable to parent							$ 45
Business combination, bargain purchase, gain recognized, amount							4,469
Business combination, acquired receivables, gross contractual amount							975
Business combination, separately recognized transactions, additional disclosures, acquisition costs							0		$ 0
Payments to acquire businesses, gross							2,540	€ 2,888,888
Revenue from business combination							2,000
Business combination consideration transferred							$ 16,831
The Art Newspaper SA [Member] \| AMTD Idea Group [Member]
Business Acquisition [Line Items]
Revenues		$ 135,000
Net income (loss) attributable to parent		$ 152,400
The Art Newspaper SA [Member] \| AMTD Digital [Member]
Business Acquisition [Line Items]
Business acquisition percentage of voting interests acquired						82.70%
Business acquisition equity interests issued or issuable number of shares issued \| shares							380,065	380,065
Fair value, investments, entities that calculate net asset value per share, percent equity securities						14.40%
Business acquisition share price \| $ / shares						$ 8.38
Business combination, consideration transferred, equity interests issued and issuable						$ 993,000
The Art Newspaper SA [Member] \| AMTD Digital [Member] \| Capital Reserve [Member]
Business Acquisition [Line Items]
Stock issued during period value purchase of assets						$ 774,197

Approval of Consolidated Fina_2

Approval of Consolidated Financial Statements - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2023
Disclosure Of Information About Approval Of Consolidated Financial Statements [Abstract]
Date of approval of financial statements	May 13, 2024