PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2020

PROPERTY AND EQUIPMENT, NET

PROPERTY AND EQUIPMENT, NET

7.   PROPERTY AND EQUIPMENT, NET

	As of December 31,
	2019	2020
	(HK$ in thousands)
Gross carrying amount
Computers and equipment	56,175	60,039
Furniture and fixtures	34,588	34,704
Office equipment	29,938	42,276
Office building	28,110	27,983
Vehicle	634	632
Total of gross carrying amount	149,445	165,634
Less: accumulated depreciation
Computers and equipment	(8,289)	(17,295)
Furniture and fixtures	(6,234)	(13,738)
Office equipment	(16,241)	(24,282)
Office building	(519)	(1,403)
Vehicle	(532)	(600)
Total of accumulated depreciation	(31,815)	(57,318)
Property and equipment, net	117,630	108,316

Depreciation expenses on property and equipment which are included in research and development expenses, selling and marketing expenses and general and administrative expenses in the consolidated statements of comprehensive income for the years ended December 31, 2018, 2019 and 2020 were HK$8,012 thousand, HK$15,647 thousand and HK$25,792 thousand, respectively.