v3.24.1.u1
WML Convertible Bond Conversion Option Derivative (Tables)
3 Months Ended
Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Valuation Techniques for Embedded Derivative The following table sets forth the inputs to the lattice models that were used to value the WML Convertible Bond Conversion Option Derivative:
March 31, 2024December 31, 2023
WML stock priceHK$6.99 HK$6.43 
Estimated volatility34.8 %34.0 %
Risk-free interest rate3.9 %3.3 %
Expected term (years)4.9 5.2 
Dividend yield0.0 %0.0 %