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SHARE-BASED COMPENSATION - Share options (Details) $ / shares in Units, ¥ in Millions, $ in Millions | 6 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Jun. 30, 2024 USD ($) $ / shares shares | Jun. 30, 2024 CNY (¥) shares | Jun. 30, 2023 CNY (¥) | Dec. 31, 2023 USD ($) tranche $ / shares shares | Jun. 30, 2024 CNY (¥) shares
Number of Options |  |  |  |  |
Share options outstanding at the beginning of the period (in shares) |  | 28,519,100 |  |  |
Share options outstanding at the end of the period (in shares) |  | 28,519,100 |  | 28,519,100 |
Share options vested or expected to vest (in shares) | 26,429,100 |  |  |  | 26,429,100
Share options exercisable (in shares) | 0 |  |  |  | 0
Weighted Average Exercise Price |  |  |  |  |
Share options outstanding at the beginning of the period (in dollars per shares) | $ / shares | $ 2.80 |  |  |  |
Share options outstanding at the end of the period (in dollars per shares) | $ / shares | 2.80 |  |  | $ 2.80 |
Share options vested or expected to vest (in dollars per shares) | $ / shares | $ 2.80 |  |  |  |
Weighted Average Remaining Contractual Life and Aggregate Intrinsic Value |  |  |  |  |
Share options outstanding, Weighted Average Remaining Contractual Life (in years) |  | 8 years 11 months 1 day |  | 9 years 4 months 28 days |
Share options vested or expected to vest, Weighted Average Remaining Contractual Life (in years) |  | 8 years 11 months 1 day |  |  |
Aggregate Intrinsic Value |  |  |  |  |
Share options outstanding, Aggregate intrinsic value | $ | $ 15 |  |  | $ 16 |
Share options vested or expected to vest, Aggregate intrinsic value | $ | $ 14 |  |  |  |
Recognized share-based compensation expenses | ¥ |  | ¥ 170 | ¥ 61 |  |
Share options |  |  |  |  |
Aggregate Intrinsic Value |  |  |  |  |
Total unrecognized compensation expense | ¥ |  |  |  |  | ¥ 123
Weighted-average recognition period of compensation expense (in years) |  | 3 years 5 months 8 days |  |  |
Weighted-average grant date fair value | $ / shares |  |  |  | $ 2.22 |
Share options |  |  |  |  |
Aggregate Intrinsic Value |  |  |  |  |
Recognized share-based compensation expenses | ¥ |  | ¥ 256 |  |  |
Incentive Award Plans |  |  |  |  |
Aggregate Intrinsic Value |  |  |  |  |
Period for remaining percentage vested |  | 10 years |  |  |
Senior officers | Share options |  |  |  |  |
Number of Options |  |  |  |  |
Granted (in shares) |  |  |  | 28,625,350 |
Aggregate Intrinsic Value |  |  |  |  |
Number of tranches | tranche |  |  |  | 5 |
Period for remaining percentage vested |  |  |  | 2 years |
Second anniversary of the stated vesting commencement date | Incentive Award Plans |  |  |  |  |
Aggregate Intrinsic Value |  |  |  |  |
Share-based payment award, vesting percentage |  | 50.00% |  |  |
Second anniversary of the stated vesting commencement date | Senior officers | Share options |  |  |  |  |
Aggregate Intrinsic Value |  |  |  |  |
Share-based payment award, vesting percentage |  |  |  | 50.00% |
Vesting ratably over the following two years | Incentive Award Plans |  |  |  |  |
Aggregate Intrinsic Value |  |  |  |  |
Share-based payment award, vesting percentage |  | 50.00% |  |  |
Period for remaining percentage vested |  | 2 years |  |  |
Vesting ratably over the following two years | Senior officers | Share options |  |  |  |  |
Aggregate Intrinsic Value |  |  |  |  |
Share-based payment award, vesting percentage |  |  |  | 50.00% |

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