138
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
15 OTHER FINANCIAL ASSETS
2018
Notes
HK$'000
2017
HK$'000
Financial assets designated at FVOCI (non-recycling)
- Equity securities listed in Hong Kong
0
136,160
Financial assets designated at FVOCI (recycling)
- Listed debt securities inside Hong Kong
- Listed debt securities outside Hong Kong
Financial assets designated at FVPL
―
Unit trust listed in Hong Kong
Available-for-sale financial assets
Listed debt securities inside Hong Kong - Listed debt securities outside Hong Kong
Market value of listed securities at 31 December
(ii)
39,671
58,864
102,609
337,304
40,980
135,326
337,304
176,306
337,304
176,306
Notes:
(i)
The Group has designated certain investments as equity securities designated as financial assets at FVOCI (non-recycling) as the investments are held for strategic purposes. Details of the investments are as follows:
Name of equity securities
HSBC Holdings Plc
Bank of China Ltd
Agricultural Bank of China Limited
HK$'000
84,240
34,770
17,150
As at 31 December 2018
136,160
(ii)
Available-for-sale financial assets were reclassified to financial assets designated at FVOCI (recycling) upon the initial application of HKFRS 9 at 1 January 2018 (see note 1(c)(i)).
Hong Kong Ferry (Holdings) Company Limited Annual Report 2018
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