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Short-term Investments

12 Months Ended

Dec. 31, 2024

Short-term Investments [Abstract]

Short-term Investments

5. Short-term Investments

The following is a summary of short-term investments:

		December 31, 2023				December 31, 2024
		RMB in thousands
Financial products			1,596,512				2,281,780
Investments in publicly traded companies			1,056,553				424,755
Total			2,653,065				2,706,535

Our short-term investments primarily include financial products with variable interest rates referenced to the performance of underlying assets issued by well-known banks or publicly traded companies, which the Group intends to sell within twelve months.

For the years ended December 31, 2022, 2023 and 2024, the Group recorded investment income of RMB18.2 million, investment loss of RMB187.6 million and investment income of RMB69.5 million related to short-term investments on the consolidated statements of operations and comprehensive loss, respectively.

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