Financing Guarantee Liabilities

12 Months Ended

Dec. 31, 2024

Disclosure Of Financing Guarantee Liabilities [Abstract]

Financing Guarantee Liabilities

35.	Financing guarantee liabilities

(a)	The following table sets forth the movement of gross carrying amount of financing guarantee contracts for the year ended December 31, 2022:


		Year ended December 31, 2022
		Stage 1				Stage 2				Stage 3				Total
		RMB’000				RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)				(Restated)				(Restated)
As of January 1, 2022			64,416,918				314,451				—				64,731,369
New guarantee contracts originated			59,085,462				—				—				59,085,462
Transfers
— From stage 1 to stage 2			(5,887,854	)			5,887,854				—				—
— From stage 2 to stage 1			127,068				(127,068	)			—				—
Guarantee liabilities derecognized and other adjustments in the current period (including repayments of loans and guarantee payments)			(50,729,902	)			(4,583,991	)			—				(55,313,893	)

As of December 31, 2022			67,011,692				1,491,246				—				68,502,938

(b)	The following table sets forth the movement of ECL allowance of financing guarantee contracts for the year ended December 31, 2022:


		Year ended December 31, 2022
		Stage 1				Stage 2				Stage 3				Total
		RMB’000				RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)				(Restated)				(Restated)
As of January 1, 2022			2,402,385				294,724				—				2,697,109
New guarantee contracts originated			980,980				—				—				980,980
Transfers
— From stage 1 to stage 2			(4,514,480	)			4,514,480				—				—
— From stage 2 to stage 1			114,996				(114,996	)			—				—
Guarantee liabilities derecognized and other adjustments in the current period (including repayments of loans and guarantee payments)			(2,201,596	)			(4,336,572	)			—				(6,538,168	)
Remeasurements			7,593,435				1,030,013				—				8,623,448

As of December 31, 2022			4,375,720				1,387,649				—				5,763,369

(c)	The following table sets forth the movement of gross carrying amount of financing guarantee contracts for the year ended December 31, 2023:


		Year ended December 31, 2023
		Stage 1				Stage 2				Stage 3				Total
		RMB’000				RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)				(Restated)				(Restated)
As of January 1, 2023			67,011,692				1,491,246				—				68,502,938
New guarantee contracts originated			38,342,179				—				—				38,342,179
Transfers
— From stage 1 to stage 2			(7,000,050	)			7,000,050				—				—
— From stage 2 to stage 1			334,007				(334,007	)			—				—
Guarantee liabilities derecognized and other adjustments in the current period (including repayments of loans and guarantee payments)			(44,798,214	)			(7,143,416	)			—				(51,941,630	)

As of December 31, 2023			53,889,614				1,013,873				—				54,903,487

(d)	The following table sets forth the movement of ECL allowance of financing guarantee contracts for the year ended December 31, 2023:


		Year ended December 31, 2023
		Stage 1				Stage 2				Stage 3				Total
		RMB’000				RMB’000				RMB’000				RMB’000
		(Restated)				(Restated)				(Restated)				(Restated)
As of January 1, 2023			4,375,720				1,387,649				—				5,763,369
New guarantee contracts originated			676,224				—				—				676,224
Transfers
— From stage 1 to stage 2			(5,805,478	)			5,805,478				—				—
— From stage 2 to stage 1			313,688				(313,688	)			—				—
Guarantee liabilities derecognized and other adjustments in the current period (including repayments of loans and guarantee payments)			(2,830,662	)			(6,733,874	)			—				(9,564,536	)
Remeasurements			6,501,258				809,217				—				7,310,475

As of December 31, 2023			3,230,750				954,782				—				4,185,532

(e)	The following table sets forth the movement of gross carrying amount of financing guarantee contracts for the year ended December 31, 2024:


		Year ended December 31, 2024
		Stage 1				Stage 2				Stage 3				Total
		RMB’000				RMB’000				RMB’000				RMB’000
As of January 1, 2024			53,889,614				1,013,873				—				54,903,487
New guarantee contracts originated			65,141,133				—				—				65,141,133
Transfers
— From stage 1 to stage 2			(4,928,503	)			4,928,503				—				—
— From stage 2 to stage 1			210,646				(210,646	)			—				—
Guarantee liabilities derecognized and other adjustments in the current period (including repayments of loans and guarantee payments)			(46,944,282	)			(5,083,315	)			—				(52,027,597	)

As of December 31, 2024			67,368,608				648,415				—				68,017,023

(f)	The following table sets forth the movement of ECL allowance of financing guarantee contracts for the year ended December 31, 2024:


		Year ended December 31, 2024
		Stage 1				Stage 2				Stage 3				Total
		RMB’000				RMB’000				RMB’000				RMB’000
As of January 1, 2024			3,230,750				954,782				—				4,185,532
New guarantee contracts originated			1,384,484				—				—				1,384,484
Transfers
— From stage 1 to stage 2			(4,087,051	)			4,087,051				—				—
— From stage 2 to stage 1			195,357				(195,357	)			—				—
Guarantee liabilities derecognized and other adjustments in the current period (including repayments of loans and guarantee payments)			(2,364,552	)			(4,744,347	)			—				(7,108,899	)
Remeasurements			5,264,775				492,087				—				5,756,862

As of December 31, 2024			3,623,763				594,216				—				4,217,979