REGULATORY REQUIREMENtS

12 Months Ended

Dec. 31, 2024

REGULATORY REQUIREMENtS

13. REGULATORY REQUIREMENtS

The following table illustrates the minimum regulatory capital as established by the SFC that the Company’s subsidiaries are required to maintain as of December 31, 2023 and 2024 and the actual amounts of capital that were maintained:

	As of December 31, 2023
	Minimum regulatory capital requirement		Capital levels maintained		Excess net capital		Percent of requirement maintained
	HKD’000		HKD’000		HKD’000		HKD’000
Plutus Securities		3,000		29,546		26,546		985	%
Plutus AM		3,000		4,390		1,390		146	%
Total		6,000		33,936		27,936		566	%

	As of December 31, 2024
	Minimum regulatory capital requirement		Capital levels maintained		Excess net capital		Percent of requirement maintained
	HKD’000		HKD’000		HKD’000		HKD’000
Plutus Securities		3,000		23,934		20,934		798	%
Plutus AM		3,000		5,763		2,763		192	%
Total		6,000		29,697		23,697		495	%
Total (US$’000)		772		3,823		3,051		495	%

The Company’s operation subsidiary maintains capital levels greater than the minimum regulatory capital requirements and it is in compliance with the minimum regulatory capital established by the HKSFC.