v3.26.1
RECEIVABLES FROM CUSTOMERS, BROKER-DEALERS AND CLEARING ORGANIZATION
12 Months Ended
Dec. 31, 2025
Receivables From Customers Broker-dealers And Clearing Organization  
RECEIVABLES FROM CUSTOMERS, BROKER-DEALERS AND CLEARING ORGANIZATION

 

10. RECEIVABLES FROM CUSTOMERS, BROKER-DEALERS AND CLEARING ORGANIZATION

 

             
   As of December 31, 
   2024   2025   2025 
   HKD’000   HKD’000   US$’000 
             
Asset management and advisory fee receivables   525    374    48 
Receivables from customers     -       57       7  
Receivables from broker-dealers   276    65    8 
Receivables from clearing organization   696    387    50 
Receivables from customers, broker-dealers and clearing organization   1,497    883    113 
Less: allowance for expected credit losses   (24)   (24)   (3)
Total   1,473    859    110 

 

The movement of the allowance for expected credit losses was as follows:

 

SCHEDULE OF ALLOWANCE FOR EXPECTED CREDIT LOSSES

             
   As of December 31, 
   2024   2025   2025 
   HKD’000   HKD’000   US$’000 
             
Balance at the beginning of year   -    24    3 
Charged to consolidated statements of loss and comprehensive loss   24    -    - 
Balance at the end of the year   24    24    3