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Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2018
Cash And Cash Equivalents [Abstract]  
Cash and Cash Equivalents

3.

Cash and cash equivalents

 

 

 

As of December 31,

 

 

 

2017

 

 

2018

 

 

 

$

 

 

$

 

Cash at bank and in hand

 

 

204,008,828

 

 

 

36,778,028

 

Cash equivalents

 

 

25,651,320

 

 

 

26,173,579

 

 

 

 

229,660,148

 

 

 

62,951,607

 

Denominated in:

 

 

 

 

 

 

 

 

US$

 

 

224,878,393

 

 

 

58,253,341

 

RMB (note (i))

 

 

3,927,163

 

 

 

3,916,262

 

Hong Kong dollar (”HK$")

 

 

 

 

 

19,890

 

Australia dollar ("A$")

 

 

854,592

 

 

 

762,114

 

 

 

 

229,660,148

 

 

 

62,951,607

 

 

Note:

(i)

Certain cash and bank balances denominated in RMB were deposited with banks in the PRC. The conversion of these RMB denominated balances into foreign currencies is subject to the rules and regulations of foreign exchange control promulgated by the PRC government.