Exhibit 8.1
List of Subsidiaries of the Registrant
| Subsidiaries | Place of Incorporation | |
| AMTD Digital Inc. | Cayman Islands | |
| AMTD Digital Financial Holdings Limited | British Virgin Islands | |
| AMTD Digital Investments Holdings Limited | British Virgin Islands | |
| AMTD Risk Solutions Limited | British Virgin Islands | |
| Dense Globe Investments Limited | British Virgin Islands | |
| WME Direct Investment Limited | British Virgin Islands | |
| AMTD International Holding Group Limited | Hong Kong | |
| AMTD Risk Solutions Group Limited | Hong Kong | |
| Digital Finance Media Limited | Hong Kong | |
| Fine Cosmos Development Limited | Hong Kong | |
| AMTD Digital Solutions Power Pte. Ltd. | Singapore | |
| DHI Downtown Pte. Ltd. | Singapore | |
| DHI Downtown (S) Pte. Ltd. | Singapore | |
| The Generation Essentials Group | Cayman Islands | |
| WME Assets Group | Cayman Islands | |
| L’Officiel Group Inc. | Cayman Islands | |
| Road-Trip Endless Group | Cayman Islands | |
| The Art Newspaper Group Inc. | Cayman Islands | |
| Wonderful Time with Co. Ltd. | Cayman Islands | |
| The Art Newspaper Limited | United Kingdom | |
| The Art Newspaper USA Inc. | United States | |
| L’Officiel Publishing Group Inc. | United States | |
| L’Officiel France Publishing Inc. | France | |
| L’Officiel Publishing Italia SRL | Italy | |
| AMTD Group (Canada) Inc. | Canada |