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Operating Segment Information (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of operating segments [abstract]  
Summary of operating segments
For the year ended December
 31, 2020
 
 
  
Capital
market
solutions
HK$
 
  
Strategic
investment
HK$
 
  
Total
HK$
 
Segment revenue
(Note 5)
                          
Revenue
                          
—from contract with customers
     607,263,125        —          607,263,125  
—others
     —          511,277,048        511,277,048  
    
 
 
    
 
 
    
 
 
 
       607,263,125        511,277,048        1,118,540,173  
       
Segment results
     565,271,220        511,277,048        1,076,548,268  
    
 
 
    
 
 
    
 
 
 
Unallocated other income
                       111,867,468  
Unallocated finance costs
                       (21,510,079
Unallocated net changes in fair value on derivative financial liability
                       7,765,148  
Corporate and other unallocated expenses
                       (173,250,588
                      
 
 
 
Profit before tax
                       1,001,420,217  
                      
 
 
 
Other segment information
                          
Depreciation
                       30,374  
Capital expenditure
                       110,734  
                      
 
 
 
For the year ended December
 31, 2021
 
 
  
Capital
market
solutions
 
  
Strategic
investment
 
  
Total
 
 
  
HK$
 
  
HK$
 
  
HK$
 
Segment revenue
(Note 5)
                          
Revenue
                          
—from contract with customers
     680,477,636        —          680,477,636  
—others
     —          717,366,581        717,366,581  
    
 
 
    
 
 
    
 
 
 
       680,477,636        717,366,581        1,397,844,217  
       
Segment results
     658,504,447        717,366,581        1,375,871,028  
    
 
 
    
 
 
    
 
 
 
Unallocated other income
                       125,538,171  
Unallocated finance costs
                       (12,825,923
Corporate and other unallocated expenses
                       (157,406,721
                      
 
 
 
Profit before tax
                       1,331,176,555  
                      
 
 
 
Other segment information
                          
Depreciation
                       44,226  
                      
 
 
 
 
For the year ended December
 31, 2022
 
 
 
Capital
market
solutions
 
 
Digital
solutions and
other services
 
 
Fashion and
luxury media
advertising
and
marketing
services
 
 
Strategic
investment
 
 
Total
 
 
 
HK$
 
 
HK$
 
 
HK$
 
 
HK$
 
 
HK$
 
Segment revenue
(Note 5)
                                       
Revenue
                                       
—from contract with customers
    581,932,693       183,572,996       59,679,071       —         825,184,760  
—others
    —         —         —         546,696,252       546,696,252  
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
      581,932,693       183,572,996       59,679,071       546,696,252       1,371,881,012  
           
Segment results
    564,982,684       166,805,327       21,337,768       546,696,252       1,299,822,031  
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
Unallocated other income
                                    141,461,546  
Unallocated other gain
                                    153,487,985
 
Unallocated finance costs
                                    (6,729,278
Unallocated net changes in fair value on derivative financial liability
                                    13,347,266  
Corporate and other unallocated expenses
                                    (239,691,077
                                   
 
 
 
Profit before tax
                                    1,361,698,473  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other segment information
                                       
Depreciation and amortization
                                    5,784,258  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Summary of segment assets and liabilities
Segment assets and liabilities


 
  
December 31,
2021
 
  
December 31,
2022
 
 
  
HK$
 
  
HK$
 
Segment assets
                 
Capital market solutions
     237,529,210        81,323,982  
Digital solutions and other services
     —          184,735,467  
Fashion and luxury media advertising and marketing services
     —          731,083,960  
Strategic investment
     3,755,921,604        2,966,329,496  
    
 
 
    
 
 
 
Total segment assets
     3,993,450,814        3,963,472,905  
Unallocated corporate assets
     2,693,387,229        4,307,818,867  
    
 
 
    
 
 
 
Total assets
     6,686,838,043        8,271,291,772  
    
 
 
    
 
 
 
     
Segment liabilities
                 
Capital market solutions
     155,651,880       
—   
 
Digital solutions and other services
     —          18,117,399  
Fashion and luxury media advertising and marketing services
     —          181,455,718  
    
 
 
    
 
 
 
Total segment liabilities
     155,651,880        199,573,117  
Unallocated corporate liabilities
     742,312,989        255,090,510  
    
 
 
    
 
 
 
Total liabilities
     897,964,869        454,663,627  
    
 
 
    
 
 
 
Summary of group's revenue from external customers by geographical areas
The following table sets forth the Group’s revenue from contract with customers by geographical areas based on the location of the customers:
For the year ended December 31, 2020
 
 
  
Capital
market
solutions
HK$
 
China (including Hong Kong)
     590,441,983  
Others
     16,821,142  
    
 
 
 
       607,263,125  
    
 
 
 
For the year ended December 31, 2021 
 
 
  
Capital
market
solutions
HK$
 
China (including Hong Kong)
     676,711,632  
Others
     3,766,004  
    
 
 
 
       680,477,636  
    
 
 
 
For the year ended December 31, 2022
 
 
  
Capital
markets
solutions
 
  
Digital
solutions and
other services
 
  
Fashion and
luxury media
advertising
and
marketing
services
 
  
Total
 
 
  
HK$
 
  
HK$
 
  
HK$
 
  
HK$
 
China (including Hong Kong)
     581,932,693       
 
 
182,111,835        23,862,618        787,907,146  
Europe
     —                 18,030,423        18,030,423  
America
     —                 9,411,504        9,411,504  
Others
     —          1,461,161        8,374,526        9,835,687  
    
 
 
    
 
 
    
 
 
    
 
 
 
       581,932,693        183,572,996        59,679,071        825,184,760