Much if the story of AMTD Digital's meteoric growth, a barely profitable financial services company, is similar to that of the meme-stock craze from the previous year, it is even more puzzling.
The first half of Wall Street's 2022 performance fell short of expectations and was unprecedented since the 1970s. As of June 30, 2022, the S&P 500 and Nasdaq 100 had fallen by over 20.58 and 29.51 percent, respectively.