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

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