v3.24.1.u1
MANDATORILY REDEEMABLE NONCONTROLLING INTEREST (Tables)
12 Months Ended
Dec. 31, 2023
MANDATORILY REDEEMABLE NONCONTROLLING INTEREST  
Schedule of mandatorily redeemable non-controlling interest

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US$

Balance as of January 1, 2021

 

—

Issuance of mandatorily redeemable noncontrolling interest

 

6,299

Changes in fair values of mandatorily redeemable noncontrolling interest, excluding impact of instrument-specific credit risk

 

302

Changes in fair values of mandatorily redeemable noncontrolling interest due to the instrument-specific credit risk

 

13

Foreign currency translation adjustment

 

(21)

Balance as of December 31, 2021

 

6,593

Changes in fair values of mandatorily redeemable noncontrolling interest, excluding impact of instrument-specific credit risk

 

5,565

Changes in fair values of mandatorily redeemable noncontrolling interest due to the instrument-specific credit risk

 

(30)

Foreign currency translation adjustment

 

(747)

Balance as of December 31, 2022

 

11,381

Changes in fair values of mandatorily redeemable noncontrolling interest, excluding impact of instrument-specific credit risk

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108

Redemption of mandatorily redeemable noncontrolling interest

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(11,554)

Foreign currency translation adjustment

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65

Balance as of December 31, 2023

 

—

Schedule of key assumptions used for fair value measurement of mandatorily redeemable noncontrolling interest

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As of December 31,

 

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2022

 

Discount rate

 

19.00

%

Bond yields

 

6.74% – 7.37

%

Expected terms

 

0.33-1.86

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