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