# EDGAR Filing Document

**Accession Number:** 0001769731
**File Stem:** 0001213900-26-017929
**Filing Date:** 2026-2
**Character Count:** 45031
**Document Hash:** 04a137a4149de5c2b1a7c0afc1e4ebc8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-017929.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0001213900-26-017929

**CONFORMED SUBMISSION TYPE**: 20-F/A

**PUBLIC DOCUMENT COUNT**: 20

**CONFORMED PERIOD OF REPORT**: 20231231

**FILED AS OF DATE**: 20260218

**DATE AS OF CHANGE**: 20260218

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMTD IDEA GROUP
- **CENTRAL INDEX KEY:** 0001769731
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 20-F/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39006
- **FILM NUMBER:** 26648193

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 66 RUE JEAN-JACQUES ROUSSEAU
- **CITY:** PARIS
- **PROVINCE COUNTRY:** I0
- **BUSINESS PHONE:** 33 0 1 4236 4597

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 66 RUE JEAN-JACQUES ROUSSEAU
- **CITY:** PARIS
- **PROVINCE COUNTRY:** I0

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMTD International Inc.
- **DATE OF NAME CHANGE:** 20190305

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 20-F/A**

**(Amendment No. 1)**

**(Mark One)**

**☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934**

**OR**

**☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**For the fiscal year ended December 31, 2023**

**OR**

**☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**For the transition period from&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; to**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**OR**

**☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of event requiring this shell company report**

**Commission File Number: 001-39006**

**AMTD IDEA GROUP (Exact Name of Registrant as Specified in Its Charter)**

**N/A**

**(Translation of Registrant's Name into English)**

**Cayman Islands**

**(Jurisdiction of Incorporation or Organization)**

**66 rue Jean-Jacques**

**Rousseau**

**75001 Paris**

**France**

**(Address of Principal Executive Offices)**

**Feridun Hamdullahpur, Chairman of Executive Management Committee and Board of Directors**

**66 rue Jean-Jacques**

**Rousseau**

**75001 Paris**

**France**

**Telephone: +33 (0) 1 4236 4597**

**(Name, Telephone, Email and/or Facsimile Number and Address of Company Contact Person)**

Securities registered or to be registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of Each Class** | **Trading Symbol** | **Name of Each Exchange on Which Registered** |
| **American depositary shares, each representing six Class A ordinary shares, par value US$0.0001 per share Class A ordinary shares, par value US$0.0001 per share\*** | **AMTD** | **New York Stock Exchange** |

---

\* Not for trading, but only in connection with the listing of American depositary shares on the New York Stock Exchange.

Securities registered or to be registered pursuant to Section 12(g) of the Act:

**None**

**(Title of Class)**

Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act:

**None**

**(Title of Class)**

Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of the period covered by the annual report:

242,765,736 Class A ordinary shares, par value US$0.0001 per share, and 233,526,979 Class B ordinary shares, par value US$0.0001 per share, as of December 31, 2023.

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐ Yes ☒ No

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. ☐ Yes ☒ No

Note — Checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 from their obligations under those Sections.

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒ Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of "large accelerated filer," "accelerated filer," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated Filer ☐ Emerging growth company ☐

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 13(a) of the Exchange Act. ☐

† The
 term "new or revised financial accounting standard" refers to any update issued
 by the Financial Accounting Standards Board to its Accounting Standards Codification after
 April 5, 2012.

Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:

U.S. GAAP ☒ International Financial Reporting Standards as issued by the International Accounting Standards Board ☐ Other ☐

If "Other" has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. ☐ Item 17 ☐ Item 18

If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yes ☒ No

(APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. ☐ Yes ☐ No

**EXPLANATORY NOTE**

This Amendment No. 1 (this "Amendment No. 1") to the annual report on Form 20-F of AMTD IDEA Group (the Company") amends its annual report on Form 20-F for the year ended December 31, 2023 as originally filed with the Securities and Exchange Commission (the "SEC") on May 13, 2024 (the "Original Filing").

This Amendment No. 1 is being filed to:

● amend disclosures under Item 16F of the Original Filing to reflect the receipt and content of a letter from the Company's former auditor, which was issued subsequent and in response to the original disclosures under Item 16F of the Original Filing, in accordance with Item 16F(a)(1) of Form 20-F; and

● amend the list of exhibits in "Item 19. Exhibits" of the Original Filing to reflect the filing of the letter from the Company's former auditor referenced above as required under Item 16F(a)(3) of Form 20-F.

Other than as set forth herein, the Company has not modified or updated any other disclosures and has made no changes to the items or sections in the Original Filing. Other than as expressly stated in this Amendment No. 1, this Amendment No. 1 does not, and does not purport to, amend, update or restate the information in any part of the Original Filing or reflect any events that have occurred after the Original Filing was filed on May 13, 2024. The filing of this Amendment No. 1 should not be understood to mean that any other statements contained in the Original Filing are true and complete as of any date subsequent to May 13, 2024. Accordingly, this Amendment No. 1 should be read in conjunction with the Original Filing and the documents filed with or furnished to the SEC by the Company subsequent to May 13, 2024, including any amendments to such documents, as information in such documents may update or supersede certain information contained in this Amendment No. 1.

As required by Rule 12b-15 of the Securities and Exchange Act of 1934, as amended, the Company is also filing or furnishing the certifications required under Section 302 and Section 906 of the Sarbanes-Oxley Act of 2002 as exhibits to this Amendment No. 1.

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| [Item 16F. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT](#aab_001) | 1 |
| [Item 19. EXHIBITS](#aab_002) | 2 |
| [SIGNATURES](#aab_003) | 6 |

---

i

**Item 16F. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT**

Effective April 22, 2024, we engaged Audit Alliance LLP, or Audit Alliance, as our independent registered public accounting firm to audit our consolidated financial statements as of and for each of the fiscal years ended December 31, 2021, 2022 and 2023. We dismissed Deloitte Touche Tohmatsu, or Deloitte, on April 22, 2024 and notified Deloitte of such dismissal on April 23, 2024. The change of our independent registered public accounting firm was approved by our board of directors and the audit committee of our board.

A copy of Deloitte's letter dated June 26, 2024 in response to the original disclosures under Item 16F of our annual report on Form 20-F originally filed on May 13, 2024 is attached as Exhibit 16.2.

The audit reports of Deloitte on our consolidated financial statements as of and for the years ended December 31, 2021 and 2022 did not contain an adverse opinion or a disclaimer of opinion. They were not qualified or modified as to uncertainty, audit scope or accounting principle. During the fiscal years ended December 31, 2021 and 2022, and the subsequent period prior to the dismissal of Deloitte, or the covered period, there were no (i) disagreements between us and Deloitte on accounting principles or practices, financial statement disclosure, or auditing scope or procedures, to have caused Deloitte to make reference thereto in their reports on the financial statements for such years, or (ii) "reportable events" as defined in Form 20-F Item 16F(a)(1)(v), supplemented by the following paragraph.

Deloitte advised us that information had come to Deloitte's attention during the covered period, which, if further investigated, may materially impact the fairness or reliability of either a previously issued audit report or the underlying financial statements of ours; or the financial statements issued or to be issued covering the fiscal period(s) subsequent to the date of the most recent financial statements covered by an audit report (including information that may prevent Deloitte from rendering an unqualified audit report on those financial statements). The information related to two writs filed against certain of our ex-subsidiaries.

Given that Deloitte was dismissed as our auditors on April 22, 2024, following the formal procedures and confirmation to us by Audit Alliance that its engagement for the audit of our consolidated financial statements as of and for each of the fiscal years ended December 31, 2021, 2022 and 2023 under United States generally accepted accounting principles, including the completion of clearance procedures with Deloitte in accordance with PCAOB requirements and internal guidelines and criteria of Audit Alliance LLP through an in-person meeting that took place in Singapore on April 22, 2024, the audit committee of our board of directors determined that there was no need to discuss the matters raised by Deloitte and set forth in the immediately preceding paragraph further with Deloitte subsequent to its dismissal.

During our fiscal years ended December 31, 2021 and 2022 and through the subsequent interim period on or prior to the engagement of Audit Alliance, neither us nor anyone on our behalf consulted with Audit Alliance on either (a) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements, and neither a written report nor oral advice was provided to us that Audit Alliance concluded was an important factor considered by us in reaching a decision as to any accounting, auditing or financial reporting issue, or (b) any matter that was the subject of a disagreement, as that term is defined in Item 16F(a)(1)(iv) of Form 20-F (and the related instructions thereto) or a reportable event as set forth in Item 16F(a)(1)(v)(A) through (D) of Form 20-F.

**Item 19. EXHIBITS**

---

| | |
|:---|:---|
| **Exhibit <br> Number** | **Document** |
| 1.1 | [Fourth Amended and Restated Memorandum and Articles of Association of the Registrant (incorporated by reference to Exhibit 3.1 of Form 6-K furnished with the Securities and Exchange Commission on March 2, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522062195/d688492dex31.htm) |
| 1.2 | [Registrant's Specimen American Depositary Receipt (incorporated by reference to Exhibit 4.1 of our Registration Statement on Form F-1 (File No. 333-232224), as amended, initially filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919004384/a2239109zex-4_3.htm) |
| 2.1 | [Registrant's Specimen Certificate for Ordinary Shares (incorporated by reference to Exhibit 4.2 to our Registration Statement on Form F-1 (File No. 333-232224), as amended, initially filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919003754/a2238913zex-4_2.htm) |
| 2.2 | [Form of Deposit Agreement among the Registrant, the depositary and all holders of the American Depositary Receipts of the Registrant (incorporated by reference to Exhibit 4.3 to our Registration Statement on Form F-1 (File No. 333-232224) filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919004384/a2239109zex-4_3.htm) |
| 2.3 | [AMTD SpiderMan Share Incentive Plan (incorporated by reference to Exhibit 10.1 to our Registration Statement on Form F-1 (File No. 333-232224), as amended, initially filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919003754/a2238913zex-10_1.htm) |
| 2.4 | [Description of Securities (incorporated herein by reference to Exhibit 2.4 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 28, 2023)](http://www.sec.gov/Archives/edgar/data/1769731/000119312523126865/d430235dex24.htm) |
| 4.1 | [Form of Employment Agreement between the Registrant and the executive officers of the Registrant (incorporated by reference to Exhibit 10.2 to our Registration Statement on Form F-1 (File No. 333-232224) filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919003754/a2238913zex-10_2.htm) |
| 4.2 | [Form of Indemnification Agreement between the Registrant and the directors and executive officers of the Registrant (incorporated by reference to Exhibit 10.3 to our Registration Statement on Form F-1 (File No. 333-232224) filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919003754/a2238913zex-10_3.htm) |
| 4.3 | [Master Transaction Agreement between the Registrant and its controlling shareholder dated June 20, 2019 (incorporated by reference to Exhibit 10.4 to our Registration Statement on Form F-1 (File No. 333-232224) filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919003754/a2238913zex-10_4.htm) |
| 4.4 | [Transitional Services Agreement between the Registrant and its controlling shareholder dated June 20, 2019 (incorporated by reference to Exhibit 10.5 to our Registration Statement on Form F-1 (File No. 333-232224) filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919003754/a2238913zex-10_5.htm) |
| 4.5 | [Non-Competition Agreement between the Registrant and its controlling shareholder dated June 20, 2019 (incorporated by reference to Exhibit 10.6 to our Registration Statement on Form F-1 (File No. 333-232224) filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919003754/a2238913zex-10_6.htm) |
| 4.6 | [Intercompany Financing Agreement between the Registrant and AMTD Group Company Limited dated August 5, 2019 (incorporated herein by reference to Exhibit 4.22 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 30, 2020)](http://www.sec.gov/Archives/edgar/data/1769731/000119312520127944/d842069dex422.htm) |
| 4.7 | [Share Purchase Agreement between the Registrant and Value Partners Greater China High Yield Income Fund dated December 19, 2019 (incorporated herein by reference to Exhibit 4.23 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 30, 2020)](http://www.sec.gov/Archives/edgar/data/1769731/000119312520127944/d842069dex423.htm) |
| 4.8 | [Share Purchase Agreement between the Registrant and Ariana Capital Investment Limited dated December 19, 2019 (incorporated herein by reference to Exhibit 4.24 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 30, 2020)](http://www.sec.gov/Archives/edgar/data/1769731/000119312520127944/d842069dex424.htm) |
| 4.9 | [Share Purchase Agreement between the Registrant and Infinity Power Investments Limited dated December 19, 2019 (incorporated herein by reference to Exhibit 4.25 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 30, 2020)](http://www.sec.gov/Archives/edgar/data/1769731/000119312520127944/d842069dex425.htm) |
| 4.10 | [Convertible Note Purchase Agreement between the Registrant and Value Partners Greater China High Yield Income Fund dated December 19, 2019 (incorporated herein by reference to Exhibit 4.26 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 30, 2020)](http://www.sec.gov/Archives/edgar/data/1769731/000119312520127944/d842069dex426.htm) |

---

---

| | |
|:---|:---|
| **Exhibit <br> Number** | **Document** |
| 4.11 | [Fiscal Agency Agreement between the Registrant, The Bank of New York Mellon, London Branch, The Bank of New York Mellon SA/NV, Luxembourg Branch, and The Bank of New York Mellon, Hong Kong Branch dated March 30, 2020 (incorporated herein by reference to Exhibit 4.27 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 28, 2021)](http://www.sec.gov/Archives/edgar/data/1769731/000119312521136981/d240517dex427.htm) |
| 4.12 | [Facility Letter between Nanyang Commercial Bank, Limited and the Registrant dated September 22, 2020 (incorporated herein by reference to Exhibit 4.28 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 28, 2021)](http://www.sec.gov/Archives/edgar/data/1769731/000119312521136981/d240517dex428.htm) |
| 4.13 | [Share Purchase Agreement between AMTD Group Company Limited and the Registrant dated July 9, 2021 (incorporated herein by reference to Exhibit 4.13 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex413.htm) |
| 4.14 | [Share Repurchase Agreement between AMTD Group Company Limited and the Registrant dated September 30, 2021 (incorporated herein by reference to Exhibit 4.14 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex414.htm) |
| 4.15 | [Share Purchase Agreement between the Registrant and Cheng Huang dated December 27, 2021 (incorporated herein by reference to Exhibit 4.15 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex415.htm) |
| 4.16 | [Business Loan Agreement between the Registrant and East West Bank dated December 28, 2021 (incorporated herein by reference to Exhibit 4.16 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex416.htm) |
| 4.17 | [Share Purchase Agreement between the Registrant and Unicorn Star Limited dated December 29, 2021 (incorporated herein by reference to Exhibit 4.17 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex417.htm) |
| 4.18 | [Share Purchase Agreement between the Registrant and Longling Capital Ltd dated December 29, 2021 (incorporated herein by reference to Exhibit 4.18 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex418.htm) |
| 4.19 | [Share Purchase Agreement between the Registrant and EverGlory Strategic Investment Limited dated December 29, 2021 (incorporated herein by reference to Exhibit 4.19 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex419.htm) |
| 4.20 | [Share Purchase Agreement between the Registrant and Infinity Power Investments Limited dated December 29, 2021 (incorporated herein by reference to Exhibit 4.20 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex420.htm) |
| 4.21 | [Share Purchase Agreement between the Registrant and NGSP Holdings Limited dated January 15, 2022 (incorporated herein by reference to Exhibit 4.21 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex421.htm) |
| 4.22 | [Share Purchase Agreement between the Registrant and Value Partners Greater China High Yield Income Fund dated January 19, 2022 (incorporated herein by reference to Exhibit 4.22 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex422.htm) |

---

---

| | |
|:---|:---|
| **Exhibit <br> Number** | **Document** |
| 4.23 | [Share Purchase Agreement between the Registrant and Maoyan Entertainment dated January 19, 2022 (incorporated herein by reference to Exhibit 4.23 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex423.htm) |
| 4.24 | [Share Purchase Agreement between the Registrant and Chestnut Business Limited dated January 19, 2022 (incorporated herein by reference to Exhibit 4.24 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex424.htm) |
| 4.25 | [Share Purchase Agreement between the Registrant and EverGlory Strategic Investment Limited dated January 19, 2022 (incorporated herein by reference to Exhibit 4.25 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex425.htm) |
| 4.26 | [Share Purchase Agreement between the Registrant and AMTD Education Group dated January 19, 2022 (incorporated herein by reference to Exhibit 4.26 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex426.htm) |
| 4.27 | [Share Purchase Agreement between the Registrant and AMTD Assets Alpha Group dated January 19, 2022 (incorporated herein by reference to Exhibit 4.27 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex427.htm) |
| 4.28 | [Share Purchase Agreement between the Registrant and AMTD Group Company Limited dated January 19, 2022 (incorporated herein by reference to Exhibit 4.28 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex428.htm) |
| 4.29 | [Share Purchase Agreement between the Registrant and Infinity Power Investments Limited dated January 19, 2022 (incorporated herein by reference to Exhibit 4.29 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex429.htm) |
| 4.30 | [Share Purchase Agreement between the Registrant and Poly Platinum Enterprises Limited dated January 19, 2022 (incorporated herein by reference to Exhibit 4.30 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 18, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522107323/d26614dex430.htm) |
| 4.31 | [Share Purchase Agreement among the Registrant, GEM Global Yield LLC SCS and GEM Yield Bahamas Limited dated April 26, 2022 (incorporated by reference to Exhibit 99.1 of Form 6-K furnished with the Securities and Exchange Commission on April 27, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522123558/d318305dex991.htm) |
| 4.32 | [Registration Rights Agreement among the Registrant, GEM Global Yield LLC SCS and GEM Yield Bahamas Limited dated April 26, 2022 (incorporated by reference to Exhibit 99.2 of Form 6-K furnished with the Securities and Exchange Commission on April 27, 2022)](http://www.sec.gov/Archives/edgar/data/1769731/000119312522123558/d318305dex992.htm) |
| 4.33 | [Form of Share Subscription Agreement by and between the Registrant and each investor, and a schedule of all executed agreements adopting the same form (incorporated by reference to Exhibit 99.2 of Form 6-K furnished with the Securities and Exchange Commission on April 21, 2023)](http://www.sec.gov/Archives/edgar/data/1769731/000119312523110467/d501767dex992.htm) |
| 4.34# | [Business Loan Agreement between AMTD Digital Inc. and a regional bank dated February 15, 2023 (incorporated herein by reference to Exhibit 4.34 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on May 13, 2024)](https://www.sec.gov/Archives/edgar/data/1769731/000119312524137347/d825439dex434.htm) |
| 8.1 | [List of Subsidiaries of the Registrant (incorporated herein by reference to Exhibit 8.1 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on May 13, 2024)](http://www.sec.gov/Archives/edgar/data/1769731/000121390025037772/ea023939701ex8-1_amtd.htm) |
| 11.1 | [Code of Business Conduct and Ethics of the Registrant (incorporated by reference to Exhibit 99.1 to our Registration Statement on Form F-1 (File No. 333-232224), as amended, initially filed with the Securities and Exchange Commission on June 20, 2019)](http://www.sec.gov/Archives/edgar/data/1769731/000104746919003754/a2238913zex-99_1.htm) |

---

---

| | |
|:---|:---|
| **Exhibit <br> Number** | **Document** |
| 12.1\* | [Chief Executive Officer Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002](ea027713901ex12-1_amtdidea.htm) |
| 12.2\* | [Chief Financial Officer Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002](ea027713901ex12-2_amtdidea.htm) |
| 13.1\*\* | [Chief Executive Officer Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002](ea027713901ex13-1_amtdidea.htm) |
| 13.2\*\* | [Chief Financial Officer Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002](ea027713901ex13-2_amtdidea.htm) |
| 16.1 | [Letter from Ernst & Young to the Securities and Exchange Commission (incorporated herein by reference to Exhibit 16.1 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on April 28, 2021)](https://www.sec.gov/Archives/edgar/data/1769731/000119312521136981/d240517dex161.htm) |
| 16.2\* | [Letter from Deloitte Touche Tohmatsu to the Securities and Exchange Commission dated June 26, 2024](ea027713901ex16-2_amtdidea.htm) |
| 97 | [Clawback Policy (incorporated herein by reference to Exhibit 97 to our annual report on Form 20-F (File No. 001-39006) filed with the SEC on May 13, 2024)](https://www.sec.gov/Archives/edgar/data/1769731/000119312524137347/d825439dex97.htm) |
| 101.INS | Inline XBRL Instance Document-the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. |
| 101.SCH | Inline Taxonomy Extension Scheme Document |
| 101.CAL | Inline Taxonomy Extension Calculation Linkbase Document |
| 101.DEF | Inline Taxonomy Extension Definition Linkbase Document |
| 101.LAB | Inline Taxonomy Extension Label Linkbase Document |
| 101.PRE | Inline Taxonomy Extension Presentation Linkbase Document |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) |

---

\* Filed herewith.

\*\* Furnished herewith.

# Portions of this exhibit have been omitted or redacted

**SIGNATURES**

The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this annual report on its behalf.

---

| | | |
|:---|:---|:---|
|  | AMTD IDEA Group | AMTD IDEA Group |
|  | By: | /s/ Giampietro Baudo |
|  | Name: | Giampietro Baudo |
|  | Title: | Chief Executive Officer |
| February 18, 2026 |  |  |

---

## Exhibit 12.1

**Exhibit 12.1**

**Certification of Chief Executive Officer<br> Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002**

I, Giampietro Baudo, certify that:

1. I
 have reviewed this annual report on Form 20-F/A of AMTD IDEA Group (the "Company");

2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact or
 omit to state a material fact necessary to make the statements made, in light of the circumstances
 under which such statements were made, not misleading with respect to the period covered
 by this report;

3. Based
 on my knowledge, the financial statements, and other financial information included in this
 report, fairly present in all material respects the financial condition, results of operations
 and cash flows of the Company as of, and for, the periods presented in this report;

4. The
 Company's other certifying officer and I are responsible for establishing and maintaining
 disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))
 and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f)
 and 15d-15(f)) for the Company and have:

&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures
 to be designed under our supervision, to ensure that material information relating to the
 Company, including its consolidated subsidiaries, is made known to us by others within those
 entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed
 such internal control over financial reporting, or caused such internal control over financial
 reporting to be designed under our supervision, to provide reasonable assurance regarding
 the reliability of financial reporting and the preparation of financial statements for external
 purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated
 the effectiveness of the Company's disclosure controls and procedures and presented
 in this report our conclusions about the effectiveness of the disclosure controls and procedures,
 as of the end of the period covered by this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed
 in this report any change in the Company's internal control over financial reporting
 that occurred during the period covered by the annual report that has materially affected,
 or is reasonably likely to materially affect, the Company's internal control over financial
 reporting; and

5. The
 Company's other certifying officer and I have disclosed, based on our most recent evaluation
 of internal control over financial reporting, to the Company's auditors and the audit
 committee of the Company's board of directors (or persons performing the equivalent
 functions):

&nbsp;&nbsp;&nbsp;&nbsp;(a) All
 significant deficiencies and material weaknesses in the design or operation of internal control
 over financial reporting which are reasonably likely to adversely affect the Company's
 ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;(b) Any
 fraud, whether or not material, that involves management or other employees who have a significant
 role in the Company's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: February 18, 2026 | Date: February 18, 2026 |
| By: | /s/ Giampietro Baudo |
| Name: | Giampietro Baudo |
| Title: | Chief Executive Officer |

---

## Exhibit 12.2

**Exhibit 12.2**

**Certification of Chief Financial Officer<br> Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002**

I, Xavier Zee, certify that:

1. I
 have reviewed this annual report on Form 20-F/A of AMTD IDEA Group (the "Company");

2. Based
 on my knowledge, this report does not contain any untrue statement of a material fact or
 omit to state a material fact necessary to make the statements made, in light of the circumstances
 under which such statements were made, not misleading with respect to the period covered
 by this report;

3. Based
 on my knowledge, the financial statements, and other financial information included in this
 report, fairly present in all material respects the financial condition, results of operations
 and cash flows of the Company as of, and for, the periods presented in this report;

4. The
 Company's other certifying officer and I are responsible for establishing and maintaining
 disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))
 and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f)
 and 15d-15(f)) for the Company and have:

&nbsp;&nbsp;&nbsp;&nbsp;(a) Designed
 such disclosure controls and procedures, or caused such disclosure controls and procedures
 to be designed under our supervision, to ensure that material information relating to the
 Company, including its consolidated subsidiaries, is made known to us by others within those
 entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;(b) Designed
 such internal control over financial reporting, or caused such internal control over financial
 reporting to be designed under our supervision, to provide reasonable assurance regarding
 the reliability of financial reporting and the preparation of financial statements for external
 purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;(c) Evaluated
 the effectiveness of the Company's disclosure controls and procedures and presented
 in this report our conclusions about the effectiveness of the disclosure controls and procedures,
 as of the end of the period covered by this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;(d) Disclosed
 in this report any change in the Company's internal control over financial reporting
 that occurred during the period covered by the annual report that has materially affected,
 or is reasonably likely to materially affect, the Company's internal control over financial
 reporting; and

5. The
 Company's other certifying officer and I have disclosed, based on our most recent evaluation
 of internal control over financial reporting, to the Company's auditors and the audit
 committee of the Company's board of directors (or persons performing the equivalent
 functions):

&nbsp;&nbsp;&nbsp;&nbsp;(a) All
 significant deficiencies and material weaknesses in the design or operation of internal control
 over financial reporting which are reasonably likely to adversely affect the Company's
 ability to record, process, summarize and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;(b) Any
 fraud, whether or not material, that involves management or other employees who have a significant
 role in the Company's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: February 18, 2026 | Date: February 18, 2026 |
| By: | /s/ Xavier Zee |
| Name: | Xavier Zee |
| Title: | Chief Financial Officer |

---

## Exhibit 13.1

**Exhibit 13.1**

**Certification of Chief Executive Officer<br> Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002**

In connection with the Annual Report of AMTD IDEA Group (the "Company") on Form 20-F/A for the year ended December 31, 2023 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Giampietro Baudo, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

---

| | |
|:---|:---|
| Date: February 18, 2026 | Date: February 18, 2026 |
| By: | /s/ Giampietro Baudo |
| Name: | Giampietro Baudo |
| Title: | Chief Executive Officer |

---

## Exhibit 13.2

**Exhibit 13.2**

**Certification of Chief Financial Officer<br> Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002**

In connection with the Annual Report of AMTD IDEA Group (the "Company") on Form 20-F/A for the year ended December 31, 2023 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Xavier Zee, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to my knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

---

| | |
|:---|:---|
| Date: February 18, 2026 | Date: February 18, 2026 |
| By: | /s/ Xavier Zee |
| Name: | Xavier Zee |
| Title: | Chief Financial Officer |

---

## Exhibit 16.2

**Exhibit 16.2**

![](ex16-2_001.jpg)

June 26, 2024

Securities and Exchange Commission

100 F. Street, N.E.

Washington, D.C. 20549

Ladies and Gentlemen:

We were previously principal accountants for AMTD IDEA Group ("AMTD IDEA" or "Company") and, under the date of April 21, 2023, we reported on the consolidated financial statements of AMTD IDEA and its subsidiaries as of December 31, 2022, 2021, and 2020. On April 23, 2024, the Company terminated our appointment as principal accountants. On May 13, 2024, AMTD IDEA filed its Form 20-F relating to the consolidated financial statements as of December 31, 2023.

The Form 20-F did not include a letter from us as specifically required by Item 16F of Form 20-F, and AMTD IDEA instead attached as Exhibit 16.1 a letter dated April 28, 2021, from AMTD IDEA's former accountants who preceded us as principal accountants. This letter was previously included as Exhibit 16.1 to ATMD IDEA's Form 20-F filing for the year ended December 31, 2020 and does not relate to the current year.

Although AMTD IDEA provided us with a draft of Item 16F language to be used in its filing, to which we responded with meaningful comments, AMTD IDEA did not provide us with its Item 16F disclosure in the form in which the Company filed it with the Commission on May 13, 2024. AMTD IDEA also did not request that we provide a letter stating our agreement or disagreement with its Item 16F disclosure, as required by Item 16F(a)(3) of Form 20-F. Instead, the Company stated that an Item 16F letter "is not obtained" from us. We have reviewed the AMTD IDEA's Item 16F disclosure and are providing this Item 16F letter to state our position on the Company's disclosure. We understand that it is the Company's obligation under Item 16F(a)(3) of Form 20-F to file this letter with the Commission.

We have read AMTD IDEA's statements under Item 16F of its Form 20-F filed on May 13, 2024, and we agree with those statements, except that:

&nbsp;&nbsp;&nbsp;&nbsp;1. We
 disagree that we were "rotate[d] out," and otherwise have insufficient knowledge to agree or disagree with the remainder
 of the first sentence of the first paragraph.

2. We
 disagree with the second sentence of the first paragraph because it does not accurately and completely describe the circumstances
 of our termination.

3. We
 disagree with the fourth sentence in the second paragraph to the extent it is intended to suggest that Deloitte Touche Tohmatsu declined
 to provide an Item 16F letter. The Company did not request such a letter in advance of filing its Form 20-F or at any time afterward.

4. Pursuant
 to our letters dated April 16, 2024 and April 30, 2024, we advised the Company that information has come to our attention during
 the time period covered by Item 16F(a)(1)(iv) that, if further investigated, may materially impact the fairness or reliability of either
 a previously issued audit report or the underlying financial statements; or the financial statements issued or to be issued covering
 the fiscal period(s) subsequent to the date of the most recent financial statements covered by an audit report (including information
 that may prevent it from rendering an unqualified audit report on those financial statements). *See* Item 16F(a)(1)(v)(C)(1)(i).
 These matters were raised to the Company's attention, and the Company indicated it would investigate. However, the results
 of an investigation into the information, if any, have not been shared with us as of the date of this letter.

5. Our
 termination was announced by press release on April 30, 2024. Given the timing of our termination, we have insufficient knowledge
 to have reached a conclusion as to whether any such disagreements or reportable events exist, and it should not be concluded that
 we agree that no such disagreements or reportable events may exist.

6. For
 completeness, we were never formally authorized to respond fully to the inquiries of the successor accountant, nor were we contacted
 by the successor auditor. *See* Item 16F(a)(1)(iv)(C).

Very truly yours,

![](ex16-2_002.jpg)