\nAMTD International Inc. (\u201cAMTD International\u201d or the \u201cCompany\u201d, NYSE: HKIB; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Company Ltd. (\u201cAMTD Group\u201d or the \u201cGroup\u201d), a Hong Kong headquartered financial services focused conglomerate focusing on the IDEAS strategy to develop the 5 pillars of core businesses with AMTD International as its first listed company, today announced its unaudited financial results for the six months ended June 30, 2020 and nine months ended September 30, 2020.\n<\/p>\n
Highlights of 2020 Financial Results and Key Changes for the Six Months and Nine Months Ended 2020:<\/b><\/p>\n Statement from the Board Members and Senior Management:<\/b><\/p>\n \nDr. Feridun Hamdullahpur, Chairman of the Board, said, \u201cI am very excited to take on this journey to lead AMTD International\u2019s Board. AMTD International has achieved tremendous growth under the leadership of a visionary management team. Under AMTD Group\u2019s IDEAS strategy, AMTD International is the first list-co, being our initial touch point with the international capital markets. 2020 represents AMTD International\u2019s second financial reporting year since its listing on the NYSE in 2019. The Board will guide AMTD International to continue embracing the highest standards and international best practice in corporate governance, evidenced by a majority independent directors Board, carrying out our commitment to support glocalization, sustainability and social corporate responsibility. I would like to congratulate everyone on the appointment of the new Board and the newly promoted CEO William Fung, signifying the readiness and stepping up of AMTD Group\u2019s second generation leaders.\u201d\n<\/p>\n \nProfessor Annie Koh, independent director of the Board, said, \u201cI also would like to welcome the new independent board structure that serves to attain the highest corporate governance standards. AMTD International is committed to building a world class financial institution, connecting the dots between the Greater Bay Area to ASEAN and beyond. I congratulate the AMTD International management team for the stella interim results achieved. As an independent director of the Board chaired by Dr. Feridun Hamdullahpur, I look forward to working with our new CEO William in building greater values for all stakeholders going forward.\u201d\n<\/p>\n \nMr. Marcellus Wong, Executive Director of the Board and Chairman of the Executive Management Committee, added, \u201cI\u2019m glad to witness AMTD Group\u2019s exciting growth journey since 2015 and the successful spin off listing of AMTD International last year. At present, being a dual-listed company on both the NYSE and SGX and led by a very experienced management team with international perspective and expertise, AMTD International is committed to its strategy of regionalization and build-out of a world-class comprehensive financial platform. I am confident about the next stage of developments and international expansion of AMTD International alongside our commitment to build this HK headquartered global investment bank to become a century old franchise.\u201d\n<\/p>\n \nMr. William Fung, Chief Executive Officer of the Company stated, \u201cas one of the founding members of the senior management team under the leadership and vision of our founding Chairman and CEO Mr. Calvin Choi and the senior management team, it has been a fantastic experience the past four years building and transforming AMTD International into a Hong Kong home-grown global financial institution housing Asia\u2019s leading investment banking franchise and asset management platform and the world\u2019s first NYSE and SGX dual-listed company. As the newly appointed CEO, I am excited to have the responsibility to lead the on-going transformation journey and take AMTD International to the next level with the support of our independent directors\u2019 majority Board and continued dedication from our staff. We will continue to promote and invest into talents, encourage entrepreneurship spirits and commit to corporate social responsibilities. Last but not least, I would like to thank the Board led by Dr. Feridun Hamdullahpur and Mr. Yu Gao for the support and guidance they have given to me and the Company.\u201d\n<\/p>\n Financial Results for the Six Months Ended June 30, 2020<\/b><\/p>\n Core Revenue<\/i><\/b><\/p>\n \nCore revenue include fee and commission income, dividend income and realized gain on investment, for the six months ended June 30, 2020 was HK$539.1 million (US$69.6 million equivalent), compared to HK$377.5 million (US$48.7 million equivalent) for the six months ended June 30, 2019. The increase of 42.8% for the period was primarily due to the success of investment banking business with a total of 28 completed transactions during the six months ended June 30, 2020.\n<\/p>\n Net Fair Value Changes of Investments and Derivatives <\/i><\/b><\/p>\n \nFor the six months ended June 30, 2020, there was a net loss HK$5.5 million (US$0.7 million equivalent) as compared to a HK$240.5 million (US$31.0 million equivalent) net gain recorded for the same period in prior year, as there was only a relatively insignificant movement in fair values of investments in current period.\n<\/p>\n Operating Expenses<\/i><\/b><\/p>\n \nOperating expenses for the six months ended June 30, 2020 increased by 65.6% as compared to the same period in prior year to HK$83.7 million (US$10.8 million equivalent), primarily due to (i) an increase in professional and consulting fees of HK$15.2 million (US$2.0 million equivalent) in relation to the Company\u2019s secondary listing in the Singapore Exchange, and (ii) an increase in intercompany management fee of HK$11.1 million (US$1.4 million equivalent) which mainly represented the central administrative and supporting services rendered by AMTD Group to the Company.\n<\/p>\n Income Tax (Expense) \/ Credit<\/i><\/b><\/p>\n \nIncome tax expense of HK$75.2 million (US$9.7 million equivalent) and income tax credit of HK$173.4 million (US$22.4 million equivalent) were recorded for the six months ended June 30, 2019 and 2020, respectively. The change was primarily due to reversal of deferred tax liability provided on fair value changes of certain investments which are concluded to be capital gains in nature and therefore not subject to profits tax charge.\n<\/p>\n Profit and Total Comprehensive Income<\/i><\/b><\/p>\n \nProfit and total comprehensive income for the six months ended June 30, 2020 increased by 39.2% as compared to the same period in prior year to HK$603.9 million (US$77.9 million equivalent).\n<\/p>\n Financial Results for the Nine Months Ended September 30, 2020<\/b><\/p>\n Core revenue<\/i><\/b><\/p>\n \nCore revenue for the nine months ended September 30, 2020 was HK$623 million (US$80.4 million equivalent), compared to HK$522.6 million (US$67.4 million equivalent) for the nine months ended September 30, 2019. The increase of 19.2% for the period was due to the success of investment banking business with a total of 43 completed transactions during the nine months ended September 30, 2020, as well as an increase in AUM of 6.7% as compared to the AUM of HK$26.2 billion (US$3.4 billion equivalent) as of December 31, 2019.\n<\/p>\n Net fair value changes of investments and derivatives <\/i><\/b><\/p>\n \nThe net fair value gain amounted to HK$65.4 million (US$8.4 million equivalent) for the nine months ended September 30, 2020, representing a decrease of 87.4% as compared to the same period in prior year, primarily due to the fluctuation in the fair value of strategic investment portfolio.\n<\/p>\n Operating Expenses<\/i><\/b><\/p>\n \nOperating expenses for the nine months ended September 30, 2020 increased by 40.1% to HK$103.9 million (US$13.4 million equivalent), as compared to the same period in prior year, primarily due to (i) an increase in professional and consulting fees of HK$10.6 million (US$1.4 million equivalent) in relation to the Company\u2019s secondary listing in the Singapore Exchange, and (ii) an increase in intercompany management fee of HK$11.1 million (US$1.4 million equivalent) which mainly represented the administrative service support rendered by AMTD Group to the Company.\n<\/p>\n Income Tax (Expense) \/ Credit<\/i><\/b><\/p>\n \nIncome tax expense of HK$139.7 million (US$18.0 million equivalent) and income tax credit of HK$163.0 million (US$21.0 million equivalent) were recorded for the nine months ended September 30, 2019 and 2020, respectively. The change was primarily due to reversal of deferred tax liability provided on fair value changes of certain investments which are concluded to be capital gains in nature and therefore not subject to profits tax charge.\n<\/p>\n Profit and Total Comprehensive Income<\/i><\/b><\/p>\n \nProfit and total comprehensive income of HK$728.3 million (US$94.0 million equivalent) for the nine months ended September 30, 2020 remained stable as compared to the same period in prior year.\n<\/p>\n Exchange Rate<\/b><\/p>\n \nThe Company\u2019s business is mainly conducted in Hong Kong and most of its revenues generated are denominated in Hong Kong dollars. This announcement contains translations of Hong Kong dollars into U.S. dollars solely for the convenience of the reader. Unless otherwise noted, all translations from Hong Kong dollars to U.S. dollars are made at a rate of HK$7.7500 to US$1.00, the exchange rate in effect as of September 30, 2020 as set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System. No representation is made that the Hong Kong dollar amounts could have been, or could be, converted, realized, or settled into U.S. dollars at that rate on September 30, 2020, or at any other rate.\n<\/p>\n \nAMTD INTERNATIONAL INC. \nSix months ended June 30,\n<\/p>\n<\/td>\n<\/tr>\n \n2019\n<\/p>\n<\/td>\n \n2020\n<\/p>\n<\/td>\n<\/tr>\n \nHK$\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n<\/tr>\n \n276,993,792\n<\/p>\n<\/td>\n \n450,979,301\n<\/p>\n<\/td>\n<\/tr>\n \n100,551,728\n<\/p>\n<\/td>\n \n88,078,159\n<\/p>\n<\/td>\n<\/tr>\n \n377,545,520\n<\/p>\n<\/td>\n \n539,057,460\n<\/p>\n<\/td>\n<\/tr>\n \n240,500,597\n<\/p>\n<\/td>\n \n(5,498,858)\n<\/p>\n<\/td>\n<\/tr>\n \n618,046,117\n<\/p>\n<\/td>\n \n533,558,602\n<\/p>\n<\/td>\n<\/tr>\n \n240,968\n<\/p>\n<\/td>\n \n40,587,957\n<\/p>\n<\/td>\n<\/tr>\n \n(50,567,920)\n<\/p>\n<\/td>\n \n(83,735,272)\n<\/p>\n<\/td>\n<\/tr>\n \n(47,817,659)\n<\/p>\n<\/td>\n \n(45,291,034)\n<\/p>\n<\/td>\n<\/tr>\n \n(10,775,829)\n<\/p>\n<\/td>\n \n(14,594,601)\n<\/p>\n<\/td>\n<\/tr>\n \n509,125,677\n<\/p>\n<\/td>\n \n430,525,652\n<\/p>\n<\/td>\n<\/tr>\n \n(75,244,709)\n<\/p>\n<\/td>\n \n173,424,082\n<\/p>\n<\/td>\n<\/tr>\n 433,880,968<\/b><\/p>\n<\/td>\n 603,949,734<\/b><\/p>\n<\/td>\n<\/tr>\n \n541,249,399\n<\/p>\n<\/td>\n \n587,651,843\n<\/p>\n<\/td>\n<\/tr>\n \n(107,368,431)\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n<\/tr>\n \n–\n<\/p>\n<\/td>\n \n16,297,891\n<\/p>\n<\/td>\n<\/tr>\n \n433,880,968\n<\/p>\n<\/td>\n \n603,949,734\n<\/p>\n<\/td>\n<\/tr>\n \n2.67\n<\/p>\n<\/td>\n \n2.39\n<\/p>\n<\/td>\n<\/tr>\n \n2.67\n<\/p>\n<\/td>\n \n2.39\n<\/p>\n<\/td>\n<\/tr>\n \nAMTD INTERNATIONAL INC. \n\u00a0\n<\/p>\n<\/td>\n \nDecember 31,\n<\/p>\n<\/td>\n \nJune 30,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n \n2020\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Assets<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Current assets<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nAccounts receivable\n<\/p>\n<\/td>\n \n346,379,574\n<\/p>\n<\/td>\n \n1,250,137,462\n<\/p>\n<\/td>\n<\/tr>\n \nPrepayments, deposits and\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nother receivables\n<\/p>\n<\/td>\n \n36,440,972\n<\/p>\n<\/td>\n \n34,788,377\n<\/p>\n<\/td>\n<\/tr>\n \nDue from the immediate holding company\n<\/p>\n<\/td>\n \n2,921,838,772\n<\/p>\n<\/td>\n \n4,748,258,099\n<\/p>\n<\/td>\n<\/tr>\n \nFinancial assets at fair value through\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nprofit or loss\n<\/p>\n<\/td>\n \n1,572,697,716\n<\/p>\n<\/td>\n \n1,010,087,164\n<\/p>\n<\/td>\n<\/tr>\n \nStock loans\n<\/p>\n<\/td>\n \n1,200,980,200\n<\/p>\n<\/td>\n \n977,189,400\n<\/p>\n<\/td>\n<\/tr>\n \nDerivative financial instruments\n<\/p>\n<\/td>\n \n1,165,220,000\n<\/p>\n<\/td>\n \n911,385,801\n<\/p>\n<\/td>\n<\/tr>\n \nOther assets\n<\/p>\n<\/td>\n \n245,502,780\n<\/p>\n<\/td>\n \n437,458,333\n<\/p>\n<\/td>\n<\/tr>\n \nCash and bank balances\n<\/p>\n<\/td>\n \n766,430,471\n<\/p>\n<\/td>\n \n716,294,155\n<\/p>\n<\/td>\n<\/tr>\n \nTotal current assets\n<\/p>\n<\/td>\n \n8,255,490,485\n<\/p>\n<\/td>\n \n10,085,598,791\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n Non-current assets<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nProperty, plant and equipment\n<\/p>\n<\/td>\n \n30,997\n<\/p>\n<\/td>\n \n15,672\n<\/p>\n<\/td>\n<\/tr>\n \nIntangible assets\n<\/p>\n<\/td>\n \n15,171,170\n<\/p>\n<\/td>\n \n15,171,170\n<\/p>\n<\/td>\n<\/tr>\n \nTotal non-current assets\n<\/p>\n<\/td>\n \n15,202,167\n<\/p>\n<\/td>\n \n15,186,842\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Total assets<\/b><\/p>\n<\/td>\n \n8,270,692,652\n<\/p>\n<\/td>\n \n10,100,785,633\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Equity and liabilities <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Current liabilities<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nAccounts payable\n<\/p>\n<\/td>\n \n492,039,336\n<\/p>\n<\/td>\n \n500,011,496\n<\/p>\n<\/td>\n<\/tr>\n \nMargin loans payable\n<\/p>\n<\/td>\n \n317,722,438\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n<\/tr>\n \nContract liabilities, other payables and accruals\n<\/p>\n<\/td>\n \n178,017,594\n<\/p>\n<\/td>\n \n142,104,515\n<\/p>\n<\/td>\n<\/tr>\n \nTax payable\n<\/p>\n<\/td>\n \n94,695,263\n<\/p>\n<\/td>\n \n87,406,540\n<\/p>\n<\/td>\n<\/tr>\n \nTotal current liabilities\n<\/p>\n<\/td>\n \n1,082,474,631\n<\/p>\n<\/td>\n \n729,522,551\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Non-current liabilities<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nDeferred tax liabilities\n<\/p>\n<\/td>\n \n242,913,577\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n<\/tr>\n \nDerivative financial liability\n<\/p>\n<\/td>\n \n20,813,810\n<\/p>\n<\/td>\n \n20,714,917\n<\/p>\n<\/td>\n<\/tr>\n \nConvertible bond\n<\/p>\n<\/td>\n \n95,995,690\n<\/p>\n<\/td>\n \n99,499,769\n<\/p>\n<\/td>\n<\/tr>\n \nTotal non-current liabilities\n<\/p>\n<\/td>\n \n359,723,077\n<\/p>\n<\/td>\n \n120,214,686\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Total liabilities<\/b><\/p>\n<\/td>\n \n1,442,197,708\n<\/p>\n<\/td>\n \n849,737,237\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nAMTD INTERNATIONAL INC. \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nDecember 31,\n<\/p>\n<\/td>\n \nJune 30,\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n \n2020\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Equity<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nShare capital\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nClass A ordinary shares (par value of US$0.0001\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nper share as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand June 30, 2020; 8,000,000,000 shares\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nauthorized as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand June 30, 2020; 41,084,851 and 62,327,851 shares\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nissued and outstanding as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand June 30, 2020, respectively)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n32,162\n<\/p>\n<\/td>\n \n48,838\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nClass B ordinary shares (par value of US$0.0001\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nper share as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand June 30, 2020; 2,000,000,000 shares\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nauthorized as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand June 30, 2020; 204,526,628 and 183,283,628 shares\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nissued and outstanding as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand June 30, 2020, respectively)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n160,540\n<\/p>\n<\/td>\n \n143,864\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nCapital reserves\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n4,551,187,228\n<\/p>\n<\/td>\n \n4,551,301,729\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nRetained profits\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2,277,115,014\n<\/p>\n<\/td>\n \n2,864,766,857\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nTotal ordinary shareholders’ equity\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n6,828,494,944\n<\/p>\n<\/td>\n \n7,416,261,288\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nHolders of perpetual securities\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n \n1,834,787,108\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Total equity<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n6,828,494,944\n<\/p>\n<\/td>\n \n9,251,048,396\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Total liabilities and equity<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n8,270,692,652\n<\/p>\n<\/td>\n \n10,100,785,633\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nAMTD INTERNATIONAL INC. \n\u00a0\n<\/p>\n<\/td>\n \nNine months ended September 30,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n \n2020\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n REVENUE<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nFee and commission income\n<\/p>\n<\/td>\n \n422,052,516\n<\/p>\n<\/td>\n \n534,924,779\n<\/p>\n<\/td>\n<\/tr>\n \nDividend income and realized gain related to investment\n<\/p>\n<\/td>\n \n100,551,728\n<\/p>\n<\/td>\n \n88,078,159\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n522,604,244\n<\/p>\n<\/td>\n \n623,002,938\n<\/p>\n<\/td>\n<\/tr>\n \nNet fair value changes of investments and derivatives\n<\/p>\n<\/td>\n \n519,403,870\n<\/p>\n<\/td>\n \n65,388,323\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n1,042,008,114\n<\/p>\n<\/td>\n \n688,391,261\n<\/p>\n<\/td>\n<\/tr>\n \nOther income\n<\/p>\n<\/td>\n \n7,466,148\n<\/p>\n<\/td>\n \n75,022,740\n<\/p>\n<\/td>\n<\/tr>\n \nOperating expenses\n<\/p>\n<\/td>\n \n(74,136,643)\n<\/p>\n<\/td>\n \n(103,862,662)\n<\/p>\n<\/td>\n<\/tr>\n \nStaff costs\n<\/p>\n<\/td>\n \n(78,102,347)\n<\/p>\n<\/td>\n \n(76,659,334)\n<\/p>\n<\/td>\n<\/tr>\n \nFinance costs\n<\/p>\n<\/td>\n \n(16,162,042)\n<\/p>\n<\/td>\n \n(17,577,559)\n<\/p>\n<\/td>\n<\/tr>\n \nPROFIT BEFORE TAX\n<\/p>\n<\/td>\n \n881,073,230\n<\/p>\n<\/td>\n \n565,314,446\n<\/p>\n<\/td>\n<\/tr>\n \nIncome tax (expense) \/ credit, net\n<\/p>\n<\/td>\n \n(139,730,587)\n<\/p>\n<\/td>\n \n163,017,984\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n PROFIT FOR THE PERIOD AND TOTAL<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n COMPREHENSIVE INCOME FOR THE PERIOD<\/b><\/p>\n<\/td>\n 741,342,643<\/b><\/p>\n<\/td>\n 728,332,430<\/b><\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Attributable to:<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nOwners of the parent\n<\/p>\n<\/td>\n \n848,711,074\n<\/p>\n<\/td>\n \n680,750,958\n<\/p>\n<\/td>\n<\/tr>\n \nNon-controlling interests\n<\/p>\n<\/td>\n \n(107,368,431)\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n<\/tr>\n \nHolders of perpetual securities\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n \n47,581,472\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n741,342,643\n<\/p>\n<\/td>\n \n728,332,430\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nEARNINGS PER SHARE ATTRIBUTABLE TO\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nORDINARY EQUITY HOLDERS OF THE PARENT\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nBasic, profit for period attributable to\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nordinary equity holders of the parent\n<\/p>\n<\/td>\n \n4.04\n<\/p>\n<\/td>\n \n2.77\n<\/p>\n<\/td>\n<\/tr>\n \nDiluted, profit for period attributable to\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nordinary equity holders of the parent\n<\/p>\n<\/td>\n \n4.04\n<\/p>\n<\/td>\n \n2.77\n<\/p>\n<\/td>\n<\/tr>\n \nAMTD INTERNATIONAL INC. \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nDecember 31,\n<\/p>\n<\/td>\n \nSeptember 30,\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n \n2020\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Assets<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Current assets<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nAccounts receivable\n<\/p>\n<\/td>\n \n346,379,574\n<\/p>\n<\/td>\n \n91,545,426\n<\/p>\n<\/td>\n<\/tr>\n \nPrepayments, deposits and\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nother receivables\n<\/p>\n<\/td>\n \n36,440,972\n<\/p>\n<\/td>\n \n19,507,227\n<\/p>\n<\/td>\n<\/tr>\n \nDue from the immediate holding company\n<\/p>\n<\/td>\n \n2,921,838,772\n<\/p>\n<\/td>\n \n6,505,878,290\n<\/p>\n<\/td>\n<\/tr>\n \nFinancial assets at fair value through\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nprofit or loss\n<\/p>\n<\/td>\n \n1,572,697,716\n<\/p>\n<\/td>\n \n1,069,925,733\n<\/p>\n<\/td>\n<\/tr>\n \nStock loans\n<\/p>\n<\/td>\n \n1,200,980,200\n<\/p>\n<\/td>\n \n898,224,600\n<\/p>\n<\/td>\n<\/tr>\n \nDerivative financial instruments\n<\/p>\n<\/td>\n \n1,165,220,000\n<\/p>\n<\/td>\n \n1,001,399,213\n<\/p>\n<\/td>\n<\/tr>\n \nOther assets\n<\/p>\n<\/td>\n \n245,502,780\n<\/p>\n<\/td>\n \n252,754,117\n<\/p>\n<\/td>\n<\/tr>\n \nCash and bank balances\n<\/p>\n<\/td>\n \n766,430,471\n<\/p>\n<\/td>\n \n395,055,476\n<\/p>\n<\/td>\n<\/tr>\n \nTotal current assets\n<\/p>\n<\/td>\n \n8,255,490,485\n<\/p>\n<\/td>\n \n10,234,290,082\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Non-current assets<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nProperty, plant and equipment\n<\/p>\n<\/td>\n \n30,997\n<\/p>\n<\/td>\n \n12,791\n<\/p>\n<\/td>\n<\/tr>\n \nIntangible assets\n<\/p>\n<\/td>\n \n15,171,170\n<\/p>\n<\/td>\n \n15,171,170\n<\/p>\n<\/td>\n<\/tr>\n \nTotal non-current assets\n<\/p>\n<\/td>\n \n15,202,167\n<\/p>\n<\/td>\n \n15,183,961\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Total assets<\/b><\/p>\n<\/td>\n \n8,270,692,652\n<\/p>\n<\/td>\n \n10,249,474,043\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Equity and liabilities <\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Current liabilities<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nAccounts payable\n<\/p>\n<\/td>\n \n492,039,336\n<\/p>\n<\/td>\n \n273,605,386\n<\/p>\n<\/td>\n<\/tr>\n \nMargin loans payable\n<\/p>\n<\/td>\n \n317,722,438\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n<\/tr>\n \nLoans payable\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n \n232,251,500\n<\/p>\n<\/td>\n<\/tr>\n \nContract liabilities, other payables and accruals\n<\/p>\n<\/td>\n \n178,017,594\n<\/p>\n<\/td>\n \n148,283,886\n<\/p>\n<\/td>\n<\/tr>\n \nTax payable\n<\/p>\n<\/td>\n \n94,695,263\n<\/p>\n<\/td>\n \n97,812,638\n<\/p>\n<\/td>\n<\/tr>\n \nTotal current liabilities\n<\/p>\n<\/td>\n \n1,082,474,631\n<\/p>\n<\/td>\n \n751,953,410\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Non-current liabilities<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nDeferred tax liabilities\n<\/p>\n<\/td>\n \n242,913,577\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n<\/tr>\n \nDerivative financial liability\n<\/p>\n<\/td>\n \n20,813,810\n<\/p>\n<\/td>\n \n20,714,382\n<\/p>\n<\/td>\n<\/tr>\n \nConvertible bond\n<\/p>\n<\/td>\n \n95,995,690\n<\/p>\n<\/td>\n \n101,375,159\n<\/p>\n<\/td>\n<\/tr>\n \nTotal non-current liabilities\n<\/p>\n<\/td>\n \n359,723,077\n<\/p>\n<\/td>\n \n122,089,541\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Total liabilities<\/b><\/p>\n<\/td>\n \n1,442,197,708\n<\/p>\n<\/td>\n \n874,042,951\n<\/p>\n<\/td>\n<\/tr>\n \nAMTD INTERNATIONAL INC. \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nDecember 31,\n<\/p>\n<\/td>\n \nSeptember 30,\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2019\n<\/p>\n<\/td>\n \n2020\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n \nHK$\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Equity<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nShare capital\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nClass A ordinary shares (par value of US$0.0001\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nper share as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand September 30, 2020; 8,000,000,000 shares\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nauthorized as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand September 30, 2020; 41,084,851 and 62,327,851 shares\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nissued and outstanding as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand September 30, 2020, respectively)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n32,162\n<\/p>\n<\/td>\n \n48,838\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nClass B ordinary shares (par value of US$0.0001\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nper share as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand September 30, 2020; 2,000,000,000 shares\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nauthorized as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand September 30, 2020; 204,526,628 and 183,283,628 shares\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nissued and outstanding as at December 31, 2019\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nand September 30, 2020, respectively)\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n160,540\n<\/p>\n<\/td>\n \n143,864\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nCapital reserves\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n4,551,187,228\n<\/p>\n<\/td>\n \n4,551,301,729\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nRetained profits\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n2,277,115,014\n<\/p>\n<\/td>\n \n2,957,865,972\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nTotal ordinary shareholders’ equity\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n6,828,494,944\n<\/p>\n<\/td>\n \n7,509,360,403\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \nHolders of perpetual securities\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n–\n<\/p>\n<\/td>\n \n1,866,070,689\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n Total equity<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n6,828,494,944\n<\/p>\n<\/td>\n \n9,375,431,092\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n Total liabilities and equity<\/b><\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n8,270,692,652\n<\/p>\n<\/td>\n \n10,249,474,043\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n \n\u00a0\n<\/p>\n<\/td>\n About AMTD International Inc.<\/b><\/p>\n \nAMTD International Inc. (NYSE: HKIB; SGX: HKB) is a premier Hong Kong-headquartered financial institution group connecting companies and investors from Asia, including China and Hong Kong as well as the ASEAN markets with global capital markets. Its comprehensive one-stop financial service solutions strategy addresses different clients\u2019 diverse and inter-connected financial needs across all phases of their life cycles. Leveraging its deep roots in Asia and its unique eco-system \u2014 the \u201cAMTD SpiderNet\u201d \u2014 the Company is uniquely positioned as an active super-connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com<\/a> or follow us on Twitter at \u201c@AMTDGroup.\u201d For the Company\u2019s announcements, please visit http:\/\/ir.amtdinc.com\/News<\/a>.\n<\/p>\n Safe Harbor Statement<\/b><\/p>\n \nThis press release contains statements that may constitute \u201cforward-looking\u201d statements pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201clikely to,\u201d and similar statements. Statements that are not historical facts, including statements about AMTD\u2019s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in AMTD\u2019s filings with the SEC. All information provided in this press release is as of the date of this press release, and AMTD does not undertake any obligation to update any forward-looking statement, except as required under applicable law.\n<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201231005219\/en\/<\/a><\/span><\/p>\n\n
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\n \u00a0<\/td>\n<\/tr>\n \n \n
\n
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR
\n
LOSS AND OTHER COMPREHENSIVE INCOME
\n
FOR THE SIX MONTHS ENDED JUNE 30, 2019 AND 2020\n<\/p>\n<\/td>\n<\/tr>\n\n <\/tr>\n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n REVENUE<\/b><\/td>\n \n \n \n \n \n \n <\/tr>\n \n Fee and commission income<\/td>\n \n \n \n \n \n \n \n \n Dividend income and realized gain related to investment<\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n Net fair value changes of investments and derivatives<\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Other income<\/td>\n \n \n \n \n \n \n \n \n Operating expenses<\/td>\n \n \n \n \n \n \n \n \n Staff costs<\/td>\n \n \n \n \n \n \n \n \n Finance costs<\/td>\n \n \n \n \n \n \n \n \n PROFIT BEFORE TAX<\/td>\n \n \n \n \n \n \n \n \n Income tax (expense) \/ credit, net<\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n PROFIT FOR THE PERIOD AND TOTAL<\/b><\/td>\n \n \n \n \n \n \n <\/tr>\n \n COMPREHENSIVE INCOME FOR THE PERIOD<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Attributable to:<\/b><\/td>\n \n \n \n \n \n \n <\/tr>\n \n Owners of the parent<\/td>\n \n \n \n \n \n \n \n \n Non-controlling interests<\/td>\n \n \n \n \n \n \n \n \n Holders of perpetual securities<\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n EARNINGS PER SHARE ATTRIBUTABLE TO<\/td>\n \n \n \n \n \n \n <\/tr>\n \n ORDINARY EQUITY HOLDERS OF THE PARENT<\/td>\n \n \n \n \n \n \n <\/tr>\n \n Basic, profit for period attributable to<\/td>\n \n \n \n \n \n \n <\/tr>\n \n ordinary equity holders of the parent<\/td>\n \n \n \n \n \n \n \n \n Diluted, profit for period attributable to<\/td>\n \n \n \n \n \n \n <\/tr>\n \n ordinary equity holders of the parent<\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n<\/table>\n \n
\n <\/tr>\n \n \n
\n
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
\n
AS AT DECEMBER 31, 2019 AND JUNE 30, 2020\n<\/p>\n<\/td>\n<\/tr>\n\n <\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n<\/table>\n \n
\n \n \u00a0<\/td>\n<\/tr>\n \n \n
\n
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
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(CONTINUED)
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AS AT DECEMBER 31, 2019 AND JUNE 30, 2020\n<\/p>\n<\/td>\n<\/tr>\n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \u00a0<\/td>\n \n \u00a0<\/td>\n<\/tr>\n<\/table>\n \n
\n <\/tr>\n \n \n
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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR
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LOSS AND OTHER COMPREHENSIVE INCOME
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FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2019 AND 2020\n<\/p>\n<\/td>\n<\/tr>\n\n <\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n<\/table>\n \n
\n <\/tr>\n \n \n
\n
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
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AS AT DECEMBER 31, 2019 AND SEPTEMBER 30, 2020\n<\/p>\n<\/td>\n<\/tr>\n\n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n<\/table>\n \n
\n <\/tr>\n \n \n
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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
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(CONTINUED)
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AS AT DECEMBER 31, 2019 AND SEPTEMBER 30, 2020\n<\/p>\n<\/td>\n<\/tr>\n\n <\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n<\/table>\n <\/p>\n