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1

2

3 2 2017

4 Pricerite TMF HKMA/TVB Q Q IPTV

5 (FinTech) 1998 iphone ipad Android

6 2017 5

7 FCIS, FCS Clarendon House 2 Church Street Hamilton HM 11 Bermuda 23 Manhattan Place 28 Conyers Corporate Services (Bermuda) Limited Clarendon House 2 Church Street Hamilton HM 11 Bermuda (852) (852)

8 2017 7

9 % TMFW@W ios Android

10 2017 9

11 ,333,000,0001,443,100, ,000, % 33.62% 262,600, ,800,0002,900,000 23,900, % 3.1% 2.9% % 7.5% 12.4% 1,332,000,000 1,440,500,0007.5% 19,400,000 34,500,000

12 ,000,000 1,900,000 2,600,000 2,000, ,600,000166,800, % 37.8% ,000, ,300, ,000,000 15,000,000 32%

13 % 353% 56.2% 46,100,000 51,200,000 39,000, ,100, ,900, ,200, ,700, ,600,000 76,600,00076,600,000 42,000, ,000,0001,516,000, % 53.8%

14 ,000, % ,000, ,000, ,300, % 33.62% ,000, ,000, ,000, % 33,300,000 11,000,000 13,200,000

15 % 1, ,440.5 (7.5%) (61.5%) 1, ,443.1 (7.6%) % 45.4 (28.8) 257.6% 5.47 (3.75) 245.9% 1, ,520.2 (60.1%) ,516.0 (83.4%) (51.9%) 4,488 4, % 7.2% 3.6% (14.1%) (28.4%)

16

17 % 3.8% 2.2% 97, % Transformer TMF TMF TMF TMFHomeSquare TMF

18 TMF Wellness at Work 1,000,000 1,900,000 2,600,000 2,000,000 IDC 14.5% %

19 % 29, % % IPO 61,900, % 27.5%124,900,00090,500,000 IPO IPO 34.9% 22,800,000 IPO IPO 160 1, IPO IPO HA IPO 56.2% AMSCI %

20 ios Android

21

22 ,100,

23

24 MBA, BBA, FFA, FHKSI, CPM(HK), FHKIM 58 (JP) CEPA HKMA/TVB Enterprise Asia 2009 IAIR IAIR IAIR

25 MBA, FCCA, FCPA, FHKSI 59 BA, CPA, FCCA, CPA,CGA 49 PCIE, MBA, MA, BA, FCCA, CPA, MHKSI 51 BA, FHKSI (buy-side) (sell-side) MBA, BA, CFP CM 49 Enterprise Asia

26 LL.B 60 MBA, BSocSc 55 MSc (Business Administration), BBA, CFA, CPA,CGA 56 (CFA) PhD, MBA, BBA 56 MA, BBA 44 BA, MHKSI

27 Hanh HUYNH HUU BBA, MHKSI 36 PhD, MPhil, BSc, CFA, PRM, ASA 38 (CFA) Dipl. Ing (MEng) Hanh Huynh Huu 45 Ecole Nationale Superieure De L Aeronautique Et De L Espace Diplome D Ingenieur FCIS, FCS 49 BBus, CPA(Aus), CPA 44 MBA BAS

28 MBA, BBA, PMP 43 HKMA/ TVB BA, CPA 51 MITM 49 SAP BBA

29

30 (i) A.5.1 (ii) A

31

32 (a) (e) (b) (e) (a), (b), (d), (e) (a), (b), (d), (e) (b), (d) (b), (c) (b) (b) (a) (b) (c) (d) (e) A

33 9/9 4/4 1/1 1/1 3/3 9/9 4/4 1/1 3/3 9/9 4/4 1/1 2/3 9/9 4/4 1/1 3/3 8/9 4/4 1/1 2/3 3/4 3/4 0/1 0/1 0/3 4/4 4/4 1/1 1/1 2/3 2/4 2/4 0/1 0/ (i) (ii) (iii)

34 14 i. ii. iii. iv. v

35 B.1.2(c)(ii) 11 i. ii

36

37 (a)(i) (ii)(b) (c)

38 (i) (ii) (iii)

39 (iv) (v) (vi) (vii)

40 (i) (ii) (iii) (iv) ( (10%) (i)(ii)

41 (5%) 100(a) (b) 1, (852) Manhattan Place 28 (852) (852) ,857,000 2,771,000 91,000 6,719,

42 CORPORATE GOVERNANCE REPORT CFSG Annual Report

43 TMF A. A1 A2 A3 B. B1 B2 B3 B4 B5 B6 B7 B

44 A. A1 14, ,

45 9,269 10,326 1,155 1, ,600 1,720 6,000 3,030 19,050 12,050 CASHARE

46 5, , A2 1 (Greenhouse Gas Protocol)

47 A2 8,581,4978,484, ) T5 2)

48 A

49 B. B

50 B2 B3 B

51 B5 B

52 Q

53 B7 B8 1,392,800 CLAP CLAP

54

55 (a) TMF (b)(c)510 (d)

56 ( (ERB) 1st TMF

57 Facebook Pricerite.com.hk.hk Q 10 Plus

58 ,000, %620,000, ,000,000, ,920, % 33.62%

59 (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) Cash Guardian 30,000,

60 (c) (d) (e) 826,000, % 33.62% 30,000,000 (a) (b) (c) A.56 43(i) (ii) (iii) 14A 30% 30%

61 (i) (ii) (iii) 13.51B(1) 13.51B(1)

62 41 (a) 352(b) XV A. 1. (%) 4,260, ,767,807* ,345, ,605, ,767, * Cash Guardian Cash Guardian

63 2. (%) 2/9/2014 2/9/ /8/ (1) (3) 6,480,000 6,480, /12/ /12/ /12/ (1) (2) (3) 8,000,000 8,000, /9/2014 2/9/ /8/ (3) 6,480,000 6,480, /12/ /12/ /12/ (2) (3) 4,800,000 4,800, /12/ /12/ /12/ (2) (3) 4,800,000 4,800, /9/2014 2/9/ /8/ (3) 5,184,000 5,184, /12/ /12/ /12/ (2) (3) 4,800,000 4,800, ,544,000 40,544, (1) (2) 25%(3) (3) (4) (5)

64 B. (a) 0.02 (%) 1,667,821,069* * CIGL Praise Joy Limited 100% 34.41% CIGL (b) (2) (3) (%) 3/12/2015 3/12/ /12/ (1) 40,000,000 40,000, /8/2017 1/1/ /12/ (2) 49,000,000 49,000, /12/2015 3/12/ /12/ (1) 40,000,000 40,000, /8/2017 1/1/ /12/ (2) 49,000,000 49,000, /12/2015 3/12/ /12/ (1) 20,000,000 20,000, /12/2015 3/12/ /12/ (1) 16,000,000 16,000, ,000,000 98,000, ,000, (1) 25% (2) (3) (4) (5) (6) XV

65 (A) 40(A) (6) 2/9/2014 2/9/ /8/ (1) 18,144,000 18,144,000 18/12/ /12/ /12/ (1) 22,400,000 22,400,000 40,544,000 40,544,000 2/9/2014 2/9/ /8/ (2) (4) 20,088,000 (4,278,000) 15,810,000 18/12/ /12/ /12/ (3) (4) 26,200,000 (6,800,000) 19,400,000 18/12/ /12/ /12/ (5) 6,800,000 6,800,000 53,088,000 (11,078,000) 42,010,000 93,632,000 (11,078,000) 82,554,000 (1) (2) 25%(4) (3) 25%(4) (4) (5) (6) (7)

66 (B) Netfield Netfield Netfield40(C) Netfield (C) 40(B) 0.02 (6) (7) (8) 3/12/2015 3/12/ /12/ (1) 116,000, ,000,000 31/8/2017 1/1/ /12/ (1) 98,000,000 98,000, ,000,000 98,000, ,000,000 3/12/2015 3/12/ /12/ (2) (3) 192,000,000 (80,000,000) 112,000,000 3/12/2015 3/12/ /12/ (4) 30,000,000 30,000,000 31/8/2017 1/1/ /12/ (5) 121,000, ,000,000 31/8/2017 1/1/ /12/ (4) 194,400, ,400, ,000,000 (80,000,000) 315,400, ,400, ,000,000 (80,000,000) 413,400, ,400,

67 (1) (2) 25%(3) (3) (4) (5) (6) (7) (8) (9)

68 336 (%) Hobart Assets Limited (1) (2) 281,767, Cash Guardian (1) (2) 281,767, (3) 77,404, (1) Cash Guardian Hobart Assets Limited 100% Hobart Assets Limited Cash Guardian (2) 286,027,807 (34.41%)Cash Guardian281,767,807 4,260,000 (3) 19,631,226 42,114,150 Mingtak Holdings Limited100% 15,659, %

69 469 1,400,

70

71 10 826,000, % 33.62% 262,615,

72

73

74

75 5 1,333,041 1,443, (748,200) (821,073) 7 10,503 8, ,459 74,427 9 (243,648) (213,468) (403,573) (443,092) (22,841) (26,100) 10 (7,085) (6,501) (67,344) 15, (2,938) 22 (125,760) (196,042) 15, (3,715) (6,597) 13 (199,757) 8, ,645 (68,112) 23,888 (59,167) (941) 1, (113) 1,591 23,775 (57,576)

76 (201,220) 6, ,702 (37,567) 45,482 (31,139) 1,463 2,517 (23,057) (30,545) (21,594) (28,028) 23,888 (59,167) 45,369 (28,833) (21,594) (28,743) 23,775 (57,576) (3.75) 5.47 (3.74) (24.21) 0.77 (24.21)

77 17 42,352 63, , ,443 60, ,460 53, , ,415 31,660 43, , ,550 5, , ,350 40,791 56, , , ,618 7, ,764 3,163 1, ,025 33, ,974 66, , , , ,718 2,260, ,180 1,168, , ,064 13,452 14, , , ,558 1,747,407 (36,840) 513, , ,

78 34 83,122 83, , , , , (24,562) 293, , , ,649 6, ,645 6,649 17, , ,

79 (a) (b) (c) (d) (e) 35 83, ,437 88,926 1,160 59,649 9,406 4,458 11,164 (359,423) 489, , ,912 (31,139) (31,139) (28,028) (59,167) 2,306 2,306 (715) 1,591 2,306 (31,139) (28,833) (28,743) (57,576) (280) , ,437 88,926 1,160 59,649 11,712 5,032 11,164 (390,282) 461, , ,190 45,482 45,482 (21,594) 23,888 (113) (113) (113) (113) 45,482 45,369 (21,594) 23, (648) , , (527,407) (527,407) (112) (39) 83, ,437 88,926 1,160 59,722 11,599 5,145 11,164 (344,152) 508,123 (24,562) 483,

80 (a) (b) (i) (ii) (c) (d) CASH on-line Limited 36 (e) 11,164,

81 27,603 (54,772) 14 15,372 1, , ,116 35, ,873 4, , ,711 11, (12,311) (18,811) 7 14 (1,113) (1,231) , (262,615) (2,623) 22 2, ,760 (62,554) (5,484) 10,941 2,237 (597) 1, , , (32) (115,851) (1,323) 7,370 35,554 13,161 (12,254) 127,007 15,573 (469,495) 23,894 (29,956) (13,161) (12,836) (165,496) 12,010 18,225 1, (7,189) (14,601) (6,558) (161,849)

82 ,113 1,231 (423) (26,601) 4,000 (5,764) (4,000) 2, (15,402) (24,434) 17, , (50,000) 42 (551,222) 139, (618,271) 158, (39) 231, ,241 (14,571) , , (521,275) (612,600) 44 (603) (396) 44 (12) (22) 44 (9,699) (11,523) 203,356 (3,224) (421,473) (6,715) 629, , (364) 209, , , ,

83 (i)(ii) (iii)(iv) (v)

84

85

86 ,069, ,612,

87

88

89 3. (i)(ii)

90

91

92

93

94

95

96

97

98

99 3. (i)(ii) 39 (a)(b)(c)

100

101

102 3. (i) (ii)

103

104 % 40.34%826,000, % 33.62% 50% % ,025,000 1,667,821, ,716, ,826,000 51,474, ,028,

105 ,585, ,760, ,332,015 1,440,493 1,026 2,562 1,333,041 1,443,

106 ,332,015 1,026 1,333,041 19,367 (1,936) 17,431 18,513 (102,965) (2,938) (125,760) (323) (196,042)

107 6. 1,440,493 2,562 1,443,055 34,475 (1,996) 32,479 78,860 (95,588) (209) 15,

108 6. 474,491 1, ,430 5, ,585 3,163 6,550 9,618 1,764 11, ,570 22,293 1,004, ,422 3, ,688 45,379 13,452 6, ,

109 6. 491,309 2, ,449 1,704,522 2,197,971 16,508 9,224 8,415 1,948 5, ,334 11,591 7,261 92,364 2,520, ,589 3, ,128 1,155,229 1,609,357 86,360 11,968 6, ,000 1,764,

110 6. 15, , , ,139 22,841 6, ,085 13,223 13,223 4,873 4, , , , ,432 26,100 6, ,501 83,869 83,869 4,540 4,540 1,930 (37) 1,

111 6. 1,196,572 1,276, , ,395 1,026 2,562 1,333,041 1,443,055 1,332,007 1,440, , ,022 1,034 2, ,333,041 1,443, , ,550 10% ,404 7,179 10,503 8,

112 8. 13,223 83,869 (351) (1,893) 1,587 (7,549) 9. 14,459 74, , ,518 28,965 33,142 10,220 8, , ,468 7,073 6, ,085 6,

113 11. (1) ,728 1,128 2,160 2,928 1,620 9,564 2,000 1, , ,801 2,184 2,668 3,548 2, ,602 (1)

114 11. (1) (2) ,791 1, ,858 1,470 8, ,881 1, ,438 1, ,790 (1) (2)

115 11. 4, ,294 5,686 1,500,001 2,000, ,000,001 2,500, ,150 6, (753) (1,000) 650 3,715 6, % 25%

116 12. (196,042) 15, % 16.5% (32,347) 2, (753) 31,797 13,242 (4,702) (12,388) (754) 8,559 5,195 (312) (2,071) (40) 286 3,715 6,597 6,200 (650) 5,550 1,000 6,

117 12. (5,786) (6,649) (12,435) 42 3,377 3,377 2,369 2,369 (40) (6,649) (6,689) (6,649) (6,649) 49,716, ,776,000 51,474, ,028,000 69,992,000 39,134,000 4,242,000 3,290, ,955, ,682,

118 13. 2,080 2, , ,933 2,638 2,203 7,825 22,175 31,203 31,957 22,846 26,427 11,151 15,421 20,110 16,359 49,943 52,706 4,873,000 4,540, , , ,000, % 33.62%

119 14. (38,970) (68,112) , ,645 (68,112) 246,702 (37,567) (23,057) (30,545) 223,645 (68,112) 61, , ,267 (12,088) (3,078) (34,496) (62,104) (19,995) (51,373) (28,318) (78,761) (3,275) (9,544) (2,626) (5,044) (13,593) (38,970) (70,314) 2,202 (38,970) (68,112)

120 14. (12,010) (18,225) (315) (702) (3,284) (986) 1,124 15,372 1,553 1, (2,623) 33,007 58,126 1,489 3,978 34,496 62, ,920 11,817 23,820 34,916 12,741 1,483 4, ,804 2,345 13,112 1,865 4,910 39,400, ,300,000 1,000, ,200, ,200,000 40,500, ,482 (31,139)

121 15. 45,482 (31,139) (246,702) 37,567 (201,220) 6, , ,222 1, , , ,702,000 37,567,

122 , ,144 5, ,956 10,048 8, ,510 (15,449) (32,701) (1,992) (50,142) (125) (367) (492) 151,649 97,123 4, ,832 8,851 7,704 16,555 (18,975) (43,569) (62,544) (15,360) (20,560) (749) (36,669) ,287 41,032 3, , ,022 85,912 4, ,205 22,423 12, ,644 (13,832) (31,678) (1,992) (47,502) (125) (301) (426) 119,488 66,719 2, ,921 15,454 10, ,116 (17,010) (34,230) (51,240) (15,356) (20,213) (387) (35,956) ,698 22,885 2, ,278 23,589 18, ,352 32,161 30,404 1,346 63, , ,

123 ,583 (17,103) (13,593) 42 (140,400) (979) 16, (16,508) 1,

124 18. (1) (2) 1% 0%

125 ,707 (23,267) 238, ,658 (2,661) 198,997 39,443 60,049 20,606 39,443 39,443 39,443 60,

126 20. (a) (b) (c) (d) 9, ,271 5,460 38,000 40, ,078 (9,392) (660) (10,052) 63,271 5,460 38,000 40, , ,271 40, ,866 (300) (300) 63,271 40, ,566 5,460 38,000 43,460 9, ,460 38,000 53,212 (a) 9,092,000 (b) 660,000 (c) 5,460,000 5,460,000 (d) 38,000,000 38,000,

127 ,606 9,092 39,443 39,443 38,000 38,000 39,443 60,049 9,092 38,000 38,000 39,443,000 39,443,00038,000,000 38,000,000 3%12%3% 12% 3% 3% 20,606,0009,092, ,000,

128 ,007 (2,662) (125,760) 363, ,585 % % ,007,000 12% 125,760,

129 22. 54,716 1,811,349 (1,129,686) (7,351) 729,028 70,744 (7,434) 821 (6,613) (2,938) 276 (2,662)

130 , % 245,099 (438) 244,684 (125,760) 363, ,415 Infinity Investment Holding GroupInfinity Holding 20% 18%18% Infinity HoldingInfinity Holding 10.8% Infinity Holding7.2%

131 24. 8, ,666 2, ,300 95, ,317 13,539 11,403 47,891 28,625 1,491 6, , , , ,666 2,995 1,117,000 1,110,

132 ,117 1,110 (i)317,714,000 (ii) 112,525,000 (iii)1,521,000 (iv) 540, ,362 23,077 11, ,600 (3,300) 432,

133 ,521 2, ,271, ,254, % 23,077,

134 , , ,671 23,077 11,161,000 3,300,0002,933, ,000 3,300 3,497 15,372 1,553 (1,750) (18,672) 3,

135 25. (1) 6,000 (1) 6,909 1,082 (1) (3) 8,637 8,223 (1) (4) 10,364 (1) (2) 43 (1) (2) (3) (4)

136 26. 9,618 7,881 9,618 7, ,618 7,881 9,618,000 7,480, ,0002,100,000 9,618,000 7,483,000 9,618 7,

137 % 1.35% 0.01% 0.92% 28. (a) 2,047 20,311 (a) 8, (b) 12,240 11,025 33,317 (a) (b)

138 29. 41,974 66, % 0.43% 0.01% 0.22% 39,000,000 64,025,0002,974,000 2,576, , , , ,180 1,168, ,655 74, ,873 57, ,266 50, ,386 27, , ,

139 ,410, ,147, ,803, ,508 42,639 29,394 33,033 50,000 50,810 42, , ,064 50,000,

140 % 2.5% 2.7% (14) (39) (407)

141 , ,690 26,600 60,809 47,555 68,274 92,020 63, , , , ,457 3,351 7, , ,102 53, ,598 1,600 1, , , ,700 (195,175) (395,055) 10,645 76,555, ,395,000 (a) (b) (c) 296,169,000 (d) 39,000,000 64,025, ,600, ,499, ,000139,575, ,770,

142 33. 26,600,000 60,809,00086,909,000 63,496, % 5.25% 1.25% 5.25% ,000, , ,222 83, ,013 (28,743) 293,270 (21,594) 231, (527,407) (112) (24,562)

143 36. 39,000 CASH Retail Management (HK) Limited 0.09% 73, , , , ,476 7, , ,980 2,638,000 2,203,

144 39. 11,025 33,317 8, ,997 2,144, ,165 1,667,

145 39. 15% 15% 1,381,0004,173, , ,

146 ,287 64, ,304 8,844 19, ,744 5% 5% 802,000 6,217,

147 ,765, ,317,000 36,840,

148 39. % 187, , ,180 50,810 50,810 50, , , , % , , ,204 1,168,913 1,168,913 1,168,913 92,392 92,392 92, ,957 3,611 7, , , % ,657,680 3,834 7,536 1,669,050 1,667,

149 39. 55,600, ,598,000 56,123, ,567,000 53, ,444 1,640 1, ,447 56, ,

150 39. 2,047 20,311 8, ,

151 39. * 469,466 (151,752) 317,714 (11,855) (268,664) 54,557 2,951 2,951 2, ,410,000 *

152 40. (A) (i) (ii) (iii) 10%83,122,167 10% 30% (iv) 1% (v) (vi) (vii) 1.00 (viii) (ix)

153 40. (A) (1) 18,144,000 18,144,000 18,144, (2) 22,400,000 22,400,000 22,400,000 40,544,000 40,544,000 40,544, (1) 22,548,000 (2,460,000) 20,088,000 (4,278,000) 15,810, (2) 26,200,000 26,200,000 (6,800,000) 19,400,000 48,748,000 (2,460,000) 46,288,000 (11,078,000) 35,210, (2) 6,800,000 6,800,000 6,800,000 96,092,000 (2,460,000) 93,632,000 (11,078,000) 82,554,000 33,210,000 33,954,000 (1) 648, ,0004,278,0002,460,000 (i) 25% (ii) 25%(iii) 25% (iv) 25% 761, , , ,

154 40. (A) (2) 6,800,000 (B) (i)

155 40. (B) (ii) (iii) 10%496,035, ,435,95810% 10% 30% (iv) 1% (v) (vi) (vii) 1.00 (viii) (ix)

156 40. (B) 338,000, (b) 338,000, ,400, (a) (80,000,000) (b) 671,400, ,000, (a) 219,000, ,400,000 (b) 338,000,000 80,000,

157 40. (B) (C) Netfield Technology LimitedNetfield Netfield Netfield Netfield Netfield (i) NetfieldNetfield Netfield Netfield (ii) Netfield (iii) NetfieldNetfield Netfield 10%Netfield Netfield30% (iv) Netfield Netfield 1% (v) Netfield (vi) Netfield (vii) Netfield

158 40. (C) Netfield Technology LimitedNetfield (viii) NetfieldNetfield 0.10 (ix) NetfieldNetfield (x) Netfield Netfield Netfield Netfield (xi) 41. 1,500 7% 5% 17% 2% 0.5% 0.5%

159 % 33.62% 492,007, , , , ,752 9,164 5,514 8, ,945 1,850 9,625 1,286 14,922 25, , ,222 (997,306) (26,310) (3,000) (192,953) (2,364) (40) 756,247 (756,247) 527,407 (228,840) (552) 492, , ,

160 ,500, , , (31) (3,377) 137, ,500 (137,142) (735) 2, ,500 (735) 139, % 765,000,

161 (a) 9 16 (b) (c) 1,304 (a) (b) (c)

162 , ,342 (27,271) (615) (27,886) 42 (192,953) (192,953) 9, , , , ,915,0002,762, % % ,877, Celestial Investment Group Limited CIGL 10, Libra Capital Management (HK) Limited

163 46. % % 10, Mov2Gather (HK) Limited Joy2Gather Limited Praise Joy Limited ,170, Wealthy View Investment Limited ,000, ,000, CASH Dynamic Opportunities Investment Limited 5,000, CDOI Securities Limited 5,000, ,000, CASH Quant-Finance Lab Limited

164 46. % 10,000, ,000, Celestial Asset Management Limited 6,781, ,000, ,000, ,000, ,000, Agostini Limited Celestial Financial Services Limited 10, ,000,

165 46. (1) 8.93% 9.02% 1,463 2,517 14,948 13, % 10.3% (40,045) (40,045) (2) 59.66% (23,057) (30,545) 319, (21,594) (28,028) (24,562) 293,270 (1) 91.07% 90.98% (2) % 33.62%

166 , , , ,509 (6,649) (6,649) (453,666) (452,264) 161, , , ,898 14,948 13, , ,495 1,332,015 1,440,493 (1,316,364) (1,412,591) 15,651 27,902 14,188 25,385 1,463 2,517 15,651 27,902 33,224 53,752 (42,588) (6,205) (3,386) (12,019) (12,750) 35,

167 46. 6,187 6,193 1,541 1,755 (405,717) (404,026) (397,989) (396,078) (357,944) (356,033) (40,045) (40,045) (397,989) (396,078) 1,026 2,562 (2,962) (4,558) (1,936) (1,996) (1,936) (1,996) (1,936) (1,996) 25 (228) 25 (228) (1,911) (2,224) (1,911) (2,224) (2,116) (2,299) 1,691 2,320 (425)

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