AMTD IDEA Group
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $76.3M
- Price
- $0.8035
- % Change (Daily % change from the live per-ticker quote feed.)
- -2.84%
- Volume
- 14.1K
About
AMTD IDEA Group, an investment holding company, engages in investment banking activities in Hong Kong, Mainland China, the United States, and internationally. The company operates through three segments: Investment Banking, Asset Management, and Strategic Investment. It offers a range of investment banking services, including equity underwriting, debt underwriting, securities brokerage, institutional sales and distribution, and research, as well as advisory services on credit rating, financing, and mergers and acquisitions transactions. The company also provides professional investment management and advisory services primarily to corporate and other institutional clients. In addition, it makes long-term strategic investments focusing on Asia's financial and new economy sectors. The company was formerly known as AMTD International Inc. AMTD IDEA Group was incorporated in 2019 and is based in Central, Hong Kong. AMTD IDEA Group operates as a subsidiary of AMTD Group Company Limited.
Quick stats
Shares outstanding94.9M
Computed float47.3M
Float / shares49.9%
Key info
SectorFinancial Services
IndustryInvestment - Banking & Investment Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001769731
Websitehttps://www.amtdinc.com
AI Summary
AI-generated1/20
standardbearishregulatory
AMTD IDEA's Receipt of NYSE Letter Regarding ADS Trading Price's Below Compliance Standards
AMTD IDEA Group received a notice from the NYSE stating it is below compliance standards because its American depositary shares have traded below an average closing price of $1.00.
The company has a six-month cure period to regain compliance, which requires achieving a closing price of at least $1.00 and a 30-day average of at least $1.00.
AMTD IDEA plans to monitor market conditions and consider measures to cure the non-compliance, noting it has repurchased approximately 4.4 million ADSs to date.
Red flags
- NYSE non-compliance notice received for trading below $1.00 threshold
- Risk of suspension and delisting if share price does not recover within six months