XML 71 R56.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Cash and Bank Balances (Tables)
12 Months Ended
Dec. 31, 2023
Cash and Cash Equivalents [Abstract]  
Schedule of Cash and cash equivalents
 
(a)
Cash and cash equivalents
 
    
As of December 31,
 
    
2021
    
2022
    
2023
 
    
US$
    
US$
    
US$
 
Cash and cash equivalents:
        
—General bank accounts
     67,494        138,297        120,234  
  
 
 
    
 
 
    
 
 
 
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. The Group maintains most of its bank balances in Hong Kong dollars and US$. As Hong Kong dollars is currently pegged to US$, no significant foreign currency risk is considered.