Convertible bonds (Tables)

12 Months Ended

Dec. 31, 2024

Convertible bonds [Abstract]

Schedule of Movement in the Fair Value of Convertible Bonds

		As of December 31,
		2023				2024
		RMB’000				RMB’000
Opening balance			—				272,684
New issuance			474,117				251,594
Fair value changes			116,520				(426	)
Conversion to shares (Note 21(ii))			(319,335	)			(29,785	)
Notes matured			—				(255,458	)
Exchange differences			1,382				2,915
Closing balance			272,684				241,524

Schedule of the Inputs Used for the Valuation of the Convertible Bonds

			As of December 31,
			2024				2023
Expected volatility			71.75% - 73.64	%			70.36% - 78.64	%
Risk–free interest rate			4.19% - 4.20	%			5.08% - 5.49	%
Bond Maturity			0.76 - 0.98				0.51 - 0.94
Weighted average share price			US$2.00				US$1.52 - US$6.63