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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2024
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, 2023 (in thousands):

Fair Value Measurements

    

    

(RMB)

    

Quoted Prices in

Active Market

Significant Other

Significant

for Identical

Observable

Unobservable

Assets

Inputs

Inputs

    

Total

    

(Level 1)

    

(Level 2)

    

(Level 3)

Equity investments with readily determinable fair values

3,107,266

3,107,266

Short-term investments

 

4,436,057

 

4,436,057

Investments accounted for at fair values

 

490,781

490,781

Total

8,034,104

3,107,266

 

4,436,057

490,781

The following table sets forth the financial instruments, measured at fair value, by level within the fair value hierarchy as of December 31, 2024 (in thousands):

Fair Value Measurements

    

    

(RMB)

    

    

Quoted Prices in

Active Market

Significant Other

Significant

for Identical

Observable

Unobservable

Assets

Inputs

Inputs

    

Total

    

(Level 1)

    

(Level 2)

(Level 3)

Equity investments with readily determinable fair values

2,375,785

2,375,785

Short-term investments

 

10,756,143

 

10,756,143

Investments accounted for at fair values

241,570

241,570

Total

 

13,373,498

2,375,785

 

10,756,143

241,570