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LOANS AND ADVANCES (Tables) | 12 Months Ended
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Dec. 31, 2025
LOANS AND ADVANCES |
Schedule of loans and advances | ​
​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ | ​ ​ ​ | 2024 | ​ ​ ​ | 2025
​ | ​ | (HK$ in thousands)
Margin loans |  | 47,833,365 |  | 60,976,139
Other advances (1) | ​ | 1,966,383 | ​ | 4,145,503
Subtotal | ​ | 49,799,748 | ​ | 65,121,642
Less: Allowance for credit losses (2) |  | (85,252) |  | (374,604)
Total |  | 49,714,496 |  | 64,747,038
(1) | Stock-pledged loans are included in other advances as of December 31, 2024 and 2025 with a gross amount of HK$1,907,250 thousand and HK$1,907,756 thousand, respectively. Bank loans are included in other advances as of December 31, 2025 with a gross amount of HK$2,203,074 thousand.
(2) | The allowance for credit losses was HK$85,252 thousand and HK$374,604 thousand as of December 31, 2024 and 2025, of which nil and nil relate to stock-pledged loans, respectively.

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- Definition Tabular disclosure of the various types of loans and advances. + References No definition available. + Details
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