Financial Assets at Fair Value Through Profit or Loss and Stock Loan

12 Months Ended

Dec. 31, 2023

Financial Assets at Fair Value Through Profit Or Loss And Stock Loan [Abstract]

Financial Assets at Fair Value Through Profit or Loss and Stock Loan

13.	FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS AND STOCK LOAN


	As of December 31,
	2021		2022		2023
	US$		US$		US$
Financial assets at fair value through profit or loss, other than financial asset at fair value through profit or loss under stock loan		330,248		173,589		66,290
Financial assets at fair value through profit or loss under stock loan		27,104		21,748		13,317

Total financial assets at fair value through profit or loss		357,352		195,337		79,607

Listed equity shares, at quoted price
—Investment A		135,373		89,254		54,494
—Investment B		—		21,219		17,558
—Investment C		—		1		1

Total listed equity shares, at quoted price		135,373		110,474		72,053

Unlisted equity shares
—Investment D		61,657		69,635		—
—Investment E		1,481		1,492		1,517
—Investment F		—		200		200
—Investment G		—		288		288
—Investment H		11,056		—		—
—Investment I		2,816		—		—
—Investment J		143,689		—		—
—Investment K		1,280		—		—

Total unlisted equity shares		221.979		71,615		2,005

Movie income right investments		—		13,248		5,549

		357,352		195,337		79,607

The

above unlisted investments at December 31, 2021, 2022 and 2023 were equity shares investments issued by enterprises. Financial assets at fair value through profit or loss are categorized into levels 1 to 3. Refer to Note 31 for more information.

On December 28, 2021, the Group entered into a stock lending agreement with a related company, pursuant to which the Group lent certain listed equity shares of Investment A to the related company, with an interest of 2% per annum based on market value of the listed equity shares of the previous month end.

On May 5 and June 1, 2022, the Group entered into certain stock lending agreements with an independent third party, pursuant to which the Group lent certain listed equity shares of Investment A to this independent third party, with an interest of 2% per annum based on the previous month end market value of the listed equity shares.

As of December

2021

2022

and

2023

, the fair values of the listed equity shares underlying the stock loan were US$

27,104

, US$

21,748

and US$

13,317

respectively. In addition, the net fair value changes on the financial assets at fair value through profit or loss under stock loan were US$

6,095

, US$

8,976

and US$

8,371

for the years ended December 31, 2021, 2022 and 2023, respectively.

During the year ended December 31, 2023, the Group acquired the entire equity interests of AMTD Assets from Investment D (AMTD Assets Alpha Group) at a consideration of approximately US$276

million, the consideration was settled through current accounts due from the immediate holding company. After the

acquisition, AMTD Assets bec

me a subsidiary of the Group. The Group further acquired remaining 80.1% equity interest in Investment D at a consideration of approximately US$266

million during the year ended December 31, 2023, the consideration was settled through current accounts due from the immediate holding company. After the acquisition, AMTD Asset Alpha Group become a subsidiary of the Group.

During the year ended December 31, 2022 and 2023, the Group entered into a movie income right agreements with certain production houses. In accordance with the relevant agreements, the Group is entitled to certain percentage of the profit to be derived from the release of the films upon entering into the agreements. The Group may be required to further contribute to the film program due to the budget overruns. Any agreed further contribution to the film program due to the budget overruns of the film program by the Group will be added to the carrying amounts of financial assets.