AMTD Digital
AMTD Digital is a digital financial services company headquartered in Hong Kong. It is a part of the Hong Kong-based AMTD Group, which provides financial services. In early August 2022, the company's stock had increased by 21,000% since its initial public offering (IPO) in mid-July, giving it a market valuation of more than $310 billion and propelling it into the public eye. AMTD Digital surpassed the likes of Bank of America, The Coca-Cola Company, Shell plc, and Costco to become the fourteenth largest company in the world.
Calvin Choi, a former investment banker at UBS, established AMTD Digital in 2019. AMTD Idea, which owns 88.7 percent of the company, is owned by AMTD Group, a financial services company. Choi also serves as the head of the AMTD Group and as its chairman. Choi is currently appealing a two-year suspension from the securities sector imposed by the Securities and Futures Commission for his actions while working as a dealmaker at UBS.
AMTD Digital has a $1.34 billion market cap as of April 2023. AMTD Digital is now the 4280th most valuable company in the world. The latest financial reports reveal TTM revenue of $25.09 million for AMTD Digital. The company's revenue of $25.09 million in 2022 was down from the $25.22 million it made in 2021.
Founded: 2019
Headquarters: Central, Hong Kong
Website: www.amtdigital.net