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Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

Financial Instruments

Schedule of financial instruments, measured at fair value

The following table sets forth the financial instruments, measured at fair value, by level within the fair value hierarchy as of December 31, 2019 (in thousands):

​

​	​	​	​	​	​	​
​	​	Fair Value Measurements
​		​		(RMB)		​
​	​	​	​	Quoted Prices in	​	​
​	​	​	​	Active Market	​	Significant Other
​	​	​	​	for Identical	​	Observable
​	​	​	​	Assets	​	Inputs
​		Total		(Level 1)		(Level 2)
Time deposits-short term		53,487,075		53,487,075		—
Time deposits-long term		2,360,000		2,360,000		—
Equity investments with readily determinable fair values	​	3,551,545	​	3,551,545	​	—
Short-term investments		15,312,595		—		15,312,595
Total		74,711,215		59,398,620		15,312,595

​

The following table sets forth the financial instruments, measured at fair value, by level within the fair value hierarchy as of December 31, 2020 (in thousands):

​

​	​	​	​	​	​	​
​	​	Fair Value Measurements
​		​		(RMB)		​
​	​	​	​	Quoted Prices in	​	​
​	​	​	​	Active Market	​	Significant Other
​	​	​	​	for Identical	​	Observable
​	​	​	​	Assets	​	Inputs
​		Total		(Level 1)		(Level 2)
Time deposits-short term		71,079,327		71,079,327		—
Time deposits-long term		6,630,000		6,630,000		—
Equity investments with readily determinable fair values	​	3,743,590	​	3,743,590	​	—
Short-term investments		13,273,026		—		13,273,026
Total		94,725,943		81,452,917		13,273,026

​

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- References

No definition available.

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- Definition

Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

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