v3.25.4
Financial assets at fair value through profit or loss
 12 Months Ended
Dec. 31, 2024
Financial assets at fair value through profit or loss [Abstract]  
Financial assets at fair value through profit or loss

13. Financial assets at fair value through profit or loss

 

   As of December 31, 
   2023   2024 
   RMB’000   RMB’000 
Current assets        
Unlisted equity investments   45    45 
Prepaid shares repurchase instrument (Note 20)   70,119    — 
    70,164    45 
Non-current assets          
Unlisted equity investments   31,926    3,160 
Insurance and wealth management products   2,862    — 
    34,788    3,160 
    104,952    3,205 

 

The Group’s equity investments in unlisted companies without control or significant influence are measured at fair value through profit or loss as the Group has not elected to recognize fair value gains and losses through other comprehensive income. For the significant unobservable inputs used in fair value measurements, please refer to Note 3.3.

 

The following table presents the movement in financial assets at FVTPL during the years indicated:

 

   Year ended December 31, 
   2023   2024 
   RMB’000   RMB’000 
Opening balance   11,753    104,952 
Arising from business combination   3,238    — 
Additions   207,941    — 
Fair value changes   (87,519)   (80,687)
Disposals   (30,461)   (23,690)
Exchange differences   —    2,630 
Closing balance   104,952    3,205