{"url_path":"/sec/chow/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2041829/0001493152-26-023952-index.html","accession_number":"0001493152-26-023952","cik":"0002041829","ticker":"CHOW","issuer_name":"ChowChow Cloud International Holdings Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/2041829/0001493152-26-023952-index.html","primary_entity_key":"0002041829","primary_entity_name":"ChowChow Cloud International Holdings Ltd"},"word_count":354,"has_tables":true,"body_markdown":"**ITEM\n11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS**\n\n \n\n**Credit\nRisk**\n\n \n\nFinancial\ninstruments that potentially subject us to significant concentrations of credit risk consist primarily of cash and cash equivalents,\naccounts receivable, unbilled receivables, amounts due from related parties and other current assets. As of the years ended December\n31, 2024 and 2025, approximately HK$10,522,032 and HK$21,339,065 (US$2,735,778) were\ndeposited with financial institutions located in Hong Kong, respectively. In accordance with the relevant regulations in Hong\nKong, the maximum insured bank deposit amount is HK$800,000 (year ended December 31, 2024: HK$800,000) for each financial institution.\nThe bank deposit amounts of us that are were not covered by the insurance were approximately HK$9,722,032 and HK$19,739,065 (US$2,530,649)\nas of the years ended December 31, 2024 and 2025 respectively. While we believe that these financial\ninstitutions are of high credit quality, we also continually monitor our credit worthiness.\n\n \n\nWe\nare also exposed to risk from its accounts receivable, unbilled receivables, amounts due from related companies and other current assets.\nThese assets are subject to credit evaluations. An allowance has been made for estimated unrecoverable amounts which have been determined\nby reference to past default experience and the current economic environment.\n\n \n\n**Interest\nRate Risk**\n\n \n\nWe\nare exposed to interest rate risk on its interest-bearing assets and liabilities. As part of our asset and liability risk management,\nwe review and take appropriate steps to manage our interest rate exposure on our interest-bearing assets and liabilities. We have not\nbeen exposed to material risks due to changes in market interest rates and have not used any derivative financial instruments to manage\nthe interest risk exposure during the years presented.\n\n \n\n**Inflation\nRisk**\n\n \n\nInflationary\nfactors, such as increases in personnel and overhead costs, could impair our operating results. Although we do not believe that inflation\nhas had a material impact on our financial position or results of operations to date, a high rate of inflation in the future may have\nan adverse effect on our ability to maintain current levels of gross margin and operating expenses as a percentage of sales revenue if\nthe revenues do not increase with such increased costs."}