AMTD IDEA (AMTD) Company Report

Analyst Coverage

Research analysts who have asked questions during AMTD IDEA earnings calls.

Brian Bedell

Deutsche Bank

4 questions for AMTD

Also covers: AMG, APO, ARES +23 more

Devin Ryan

Citizens JMP

4 questions for AMTD

Also covers: COIN, CRCL, DAVE +20 more

Kyle Voigt

Keefe, Bruyette & Woods

4 questions for AMTD

Also covers: APO, ARES, BX +17 more

Steven Chubak

Wolfe Research

4 questions for AMTD

Also covers: AMP, APO, ARES +20 more

Bill Katz

TD Securities

3 questions for AMTD

Also covers: AB, ARES, BRDG +13 more

Chris Harris

Wells Fargo

3 questions for AMTD

Michael Cyprys

Morgan Stanley

3 questions for AMTD

Also covers: AAMI, AMP, APO +30 more

Brennan Hawken

UBS Group AG

2 questions for AMTD

Also covers: AMP, APO, ARES +30 more

Brennan Hawken

UBS

2 questions for AMTD

Also covers: NTRS, STT

Chris Shutler

William Blair

2 questions for AMTD

Christian Bolu

Bernstein

2 questions for AMTD

Also covers: MS

Craig Siegenthaler

Bank of America

2 questions for AMTD

Also covers: AB, AMP, APO +26 more

Dan Fannon

Jefferies & Company Inc.

2 questions for AMTD

Also covers: AB, AMG, BAM +26 more

Michael Carrier

Bank of America Merrill Lynch

2 questions for AMTD

Mike Carrier

Bank of America Merrill Lynch

2 questions for AMTD

Richard Repetto

Sandler O'Neill + Partners, L.P.

2 questions for AMTD

Rich Repetto

Sandler O'Neill

2 questions for AMTD

Will Nance

Goldman Sachs

2 questions for AMTD

Also covers: AFRM, CHYM, FI +14 more

Andrew Nicholas

William Blair & Company

1 question for AMTD

Also covers: CBZ, CLVT, CRAI +16 more

Christopher Harris

Wells Fargo Securities

1 question for AMTD

Christopher Shutler

William Blair & Company

1 question for AMTD

Daniel Fannon

Jefferies Financial Group Inc.

1 question for AMTD

Also covers: AB, AMG, APO +27 more

Mac Sykes

Gabelli and Company

1 question for AMTD

Patrick O'Shaughnessy

Raymond James

1 question for AMTD

Also covers: BR, CBRE, DNB +7 more

William Katz

TD Cowen

1 question for AMTD

Also covers: AB, AMG, APAM +25 more

William Nance

The Goldman Sachs Group, Inc.

1 question for AMTD

Also covers: AFRM, AVDX, BILL +20 more

Zack Feierstein

Morgan Stanley

1 question for AMTD

Latest news

Recent press releases and 8-K filings for AMTD.

AMTD IDEA Group's Subsidiary TGE Reports Successful 2025 with Hospitality Sector Growth

AMTD

M&A

New Projects/Investments

The Generation Essentials Group (TGE), jointly established by AMTD IDEA Group, reported a successful year in 2025, with significant growth in its hospitality sector.
In June 2025, TGE completed its de-SPAC business combination and made its debut on the New York Stock Exchange.
TGE effectively executed three SPAs for the acquisition of hotels in key cities globally, including New York, Australia, and Malaysia.
On a pro forma basis, TGE's total assets increased by 24.6% and net assets grew by 29.8% over the past six months, reaching approximately US$1.6 billion and US$1.1 billion, respectively.

Dec 31, 2025, 12:44 PM

Press Release

AMTD IDEA Group Reports Strong First Half 2025 Financial Results

AMTD

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

AMTD IDEA Group reported a 150% increase in revenue for the first half of 2025, reaching US$89.0 million, primarily driven by a 60.3% growth in hotel operations, hospitality, and VIP services income, and a significant rise in net fair value changes on financial assets.
Total net income surged 63.7% to US$68.8 million for the six months ended June 30, 2025.
As of June 30, 2025, total assets amounted to US$2.193 billion and net asset value was US$1,799 million.

Dec 30, 2025, 9:01 PM

6-K

AMTD IDEA Group Announces Half Year 2025 Financial Results

AMTD

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

AMTD IDEA Group reported a ~150% increase in revenue to US$89.0 million for the six months ended June 30, 2025, compared to US$36 million in the first half of 2024.
Total net income surged 63.7% to US$68.8 million for the six months ended June 30, 2025.
The company's total assets reached US$2.193 billion (US$3.82/share) and net asset value was US$1,799 million (US$3.13/share) as of June 30, 2025.
Key growth drivers included a 60.3% increase in hospitality revenue to US$12.7 million and US$64.8 million from dividends, realized gains, and unrealized fair value gains on financial assets.
Subsequent events in December 2025 include the successful IPO of a sponsored SPAC, a secondary listing on the London Stock Exchange for its subsidiary TGE, and agreements for multiple hotel acquisitions.

Dec 30, 2025, 1:30 PM

Press Release

AMTD Digital's Subsidiary TGE Announces Hotel Acquisitions

AMTD

M&A

New Projects/Investments

AMTD Digital's subsidiary, The Generation Essentials Group (TGE), has successfully executed multiple Sales and Purchase Agreements (SPAs) for hotel acquisitions, projected to add USD 300 million worth of assets to its portfolio.
A significant acquisition includes the 100% acquisition of the Hilton Garden Inn New York City Tribeca, which features 151 rooms and 5,000 square feet of retail space.
These recent agreements are expected to expand TGE's hotel portfolio by approximately 500 rooms in just 6 months if consummated, marking 2025 as a pivotal year for its hospitality business expansion.

Dec 29, 2025, 1:00 PM

6-K

AMTD IDEA's Subsidiary TGE Executes SPA for New York Tribeca Hotel

AMTD

New Projects/Investments

M&A

The Generation Essentials Group (TGE), a subsidiary of AMTD Digital Inc. and jointly established by AMTD IDEA Group, has executed a Sale and Purchase Agreement (SPA) for the acquisition of the Hilton Garden Inn New York City Tribeca.
The acquired hotel, located at 39 6th Ave, New York, NY 10013, features 151 rooms and suites and 5,000 square feet of retail space.
TGE has completed the irrevocable deposit and aims to close the acquisition within the next two months.

Dec 26, 2025, 3:58 PM

Press Release

AMTD IDEA's Subsidiary TGE Executes Multiple Hotel Acquisition SPAs

AMTD

M&A

New Projects/Investments

AMTD Group, AMTD IDEA Group, AMTD Digital Inc., and The Generation Essentials Group (TGE) jointly announced the successful execution of a sales and purchase agreement (SPA) for the 100% acquisition of the Hilton Garden Inn New York City Tribeca.
The acquired Hilton Garden Inn New York City Tribeca features 151 rooms and over 5,000 square feet of retail space.
TGE, a subsidiary of AMTD Digital Inc., has announced 4 acquisition deals in major cities worldwide in financial year 2025, marking it as a pivotal year for its hospitality expansion.
These recent definitive acquisition agreements for three hotels, including the New York property, involve a total valuation of over USD300 million of assets and are projected to expand TGE's hotel portfolio by approximately 500 rooms in just 6 months.

Dec 24, 2025, 12:58 PM

Press Release

AMTD Digital's Subsidiary TGE Acquires 50% Stake in The Ritz-Carlton, Perth

AMTD

New Projects/Investments

M&A

AMTD Digital's subsidiary, The Generation Essentials Group (TGE), has entered into a Sale and Purchase Agreement (SPA) to acquire a 50% stake in The Ritz-Carlton Hotel in Perth, Australia.
The aggregate consideration for this acquisition is A$100 million, which is equivalent to approximately US$66.4 million.
This acquisition, announced on December 15, 2025, marks a significant expansion of TGE's global hospitality portfolio, adding to its premium properties worldwide.

Dec 15, 2025, 9:01 PM

6-K

AMTD Digital's Subsidiary TGE Acquires Hotel Stake

AMTD

M&A

New Projects/Investments

The Generation Essentials Group (TGE), a subsidiary of AMTD Digital Inc., has entered into a sale and purchase agreement (SPA) to acquire an 80% stake in the Upper View Regalia Hotel in Kuala Lumpur, Malaysia.
The aggregate consideration for the transaction is HK$300 million (equivalent to approximately US$38.6 million).
This acquisition is TGE's fourth major hotel project of the year, reinforcing its global hospitality offerings and expanding its presence in key markets.
With this addition, TGE's hotel portfolio will consist of six properties located in major cities worldwide, offering over 800 rooms.

Dec 15, 2025, 1:07 PM

Press Release

AMTD IDEA Group's Subsidiary, The Generation Essentials Group, Completes Secondary Listing on London Stock Exchange

AMTD

Delisting/Listing Issues

New Projects/Investments

The Generation Essentials Group (TGE), a subsidiary of AMTD IDEA Group, completed its secondary listing on the London Stock Exchange (LSE) on December 10, 2025.
TGE's Class A ordinary shares were admitted to trading on the LSE's main market for listed securities and will trade under the ticker symbol "TGE" on both the New York Stock Exchange (NYSE) and LSE.
The company anticipates that the London listing will increase share trading liquidity and benefit its geographically diverse shareholder base.
The number of Class A Ordinary Shares in issue on Admission was 44,175,159.

Dec 10, 2025, 2:09 PM

6-K

AMTD Digital Subsidiary Acquires Stake in Ritz-Carlton Perth

AMTD

M&A

New Projects/Investments

AMTD Digital Inc.'s subsidiary, The Generation Essentials Group (TGE), has agreed to acquire a 50% stake in The Ritz-Carlton Hotel in Perth, Australia.
The transaction, announced on December 8, 2025, involves an aggregate consideration of A$100 million, equivalent to approximately US$66.4 million.
This acquisition marks a significant strategic expansion for TGE within the hospitality sector, adding the 100th Ritz-Carlton property globally to its portfolio.