XML 71 R27.htm IDEA: XBRL DOCUMENT v3.21.1
Others, net
12 Months Ended
Dec. 31, 2020
Others, net  
Others, net
21. Others, net
Others, net consist of the following:
 
    
For the year ended December 31,
 
    
2018
    
2019
    
2020
 
    
RMB’000
    
RMB’000
    
RMB’000
 
Gains/(losses) from fair value change of long-term investments
     (1,512,979      3,495,709        29,482,650  
Government financial incentives
     614,658        2,222,223        2,545,008  
Gain from business and investment disposals
     1,320,266        1,199,407        278,747  
Impairment of investments
     (593,138      (1,954,031      (207,571
Foreign exchange gains/(losses), net
     (192,491      124,070        (89,992
Others
     458,859        287,931        547,597  
    
 
 
    
 
 
    
 
 
 
Total
     95,175        5,375,309        32,556,439  
    
 
 
    
 
 
    
 
 
 
Government financial incentives represent rewards provided by the relevant PRC municipal government authorities to the Group for business achievements made by the Group. Government financial incentives are recognized in “others, net” in the consolidated statements of operations and comprehensive income/(loss) when the government financial incentives are received and no further conditions need to be met. The amounts of such government financial incentives are determined solely at the discretion of the relevant government authorities and there is no assurance that the Group will continue to receive these government financial incentives in the future.