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INTEREST EXPENSES (Tables)
12 Months Ended
Dec. 31, 2019
INTEREST EXPENSES  
Schedule of interest expenses

 

 

 

 

 

 

 

 

    

Year ended December 31, 

 

    

2017

    

2018

    

2019

 

 

(HK$in thousands)

Interest expenses for margin financing

 

 

 

 

 

 

Borrowings from banks

 

7,189

 

37,983

 

36,206

Borrowings from other licensed financial institutions

 

5,142

 

24,194

 

28,636

Borrowings from other parties

 

5,276

 

28,771

 

3,930

Interest expenses for securities borrowed

 

 

 

 

 

 

Borrowings from clients

 

 —

 

 —

 

1,298

Borrowings from brokers

 

1,151

 

1,814

 

9,077

Interest expenses for IPO financing

 

  

 

  

 

  

Borrowings from banks

 

1,121

 

2,862

 

10,091

Total

 

19,879

 

95,624

 

89,238