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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2022

Related party transactions [abstract]

Summary of detailed information about additional information of transactions with related parties

(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		2020				2021				2022
				HK$				HK$				HK$
Capital market solutions services rendered to fellow subsidiaries		(i)			30,233,187				1,147,769				20,655

Capital market solutions services rendered to related companies controlled by a director of the Company		(i)			98,185,833				—				9,000,000

Capital market solutions services rendered to former fellow subsidiaries		(i)			—				104,300,690				—

Management fee paid to immediate holding company		(i)			150,000				150,000				137,500

Investment advisory fee paid to a fellow subsidiary		(i)			180,000				180,000				165,000

Insurance commission paid to a fellow subsidiary		(i)			105,251				58,228				—

Insurance commission received from immediate holding company		(i)			—				—				31,531

Insurance commission received from a fellow subsidiary		(i)			—				—				1,662

Digital solutions and other services income from immediate holding company		(i)			—				—				12,466,667

Fashion and luxury media advertising and marketing services from immediate holding company		(i)			—				—				22,616,160

Acquisition of investment from immediate holding company		(ii)(a)			556,161,528				163,180,000				—

Acquisition of investments from fellow subsidiaries		(ii)(b)			148,671,602				11,545,800				—

Disposal of an investment to a former fellow subsidiary		(ii)(c)			—				196,036,584				—

Administrative service fee paid to immediate holding company		(iii)			24,000,000				24,000,000				29,500,000


						For the year ended December 31,
		Notes				2020				2021				2022
						HK$				HK$				HK$
Interest income from immediate holding company			(iv)				101,159,079				116,028,045				75,991,943

Stock lending interest income from a former fellow subsidiary			(i)				—				34,740				—

Recharge from/(to) immediate holding company
—Staff costs							20,156,843				22,081,545				31,986,661
—Premises cost							14,010,263				13,964,993				11,507,635

			(iii)				34,167,106				36,046,538				43,494,296

Treasury shares repurchased from immediate holding company			28				—				5,000,000,000				2,500,000,000

Perpetual securities redeemed from a former fellow subsidiary							—				4,648,331				—

Perpetual securities redeemed from a related company							—				35,719,218				—

Acquisition of AMTD Digital from immediate holding company and fellow subsidiaries			(ii)(d)				—				—				5,793,768,692

Net changes in fair value on derivative financial asset entered into with a related party controlled by a director of the Company			(v)				321,797,949				—				—

Consideration received for disposal of investments to a related party controlled by a director of the Company			(v)				972,215,580				—				—

Consideration received for settlement of derivatives contracts with a related party controlled by a director of the Company			(v)				618,682,641				—				—


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 2020, the transaction represented the acquisition of 14.37% interest in a fellow subsidiary, AMTD Digital from AMTD Group based on fair value at the date of acquisition. 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.

Summary of detailed information about compensation of key management personnel

(C)

Compensation of key management personnel of the Group:


		For the year ended December 31,
		2020				2021				2022
		HK$				HK$				HK$

Short-term employee benefits			32,692,568				22,426,846				33,320,024
Other long-term benefit			54,745				55,200				99,750

		32,747,313				22,482,046				33,419,774