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Financial Assets At Amortized Cost (Table) | 12 Months Ended
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Dec. 31, 2021
Disclosure Of Detailed Information About Financial assets at amortized costs [Abstract] |
Disclosure of financial assets at amortized cost |
|  | As of December 31, |
|  | 2020 |  |  | 2021 |
|  | RMB’000 |  |  | RMB’000 |
Unlisted securities |  |  |  |  |  |  |  |
Debt Investments |  |  | 7,641,846 |  |  |  | 5,002,174 |
Interest receivable |  |  | 93,988 |  |  |  | 121,415 |
|  |  | 7,735,834 |  |  |  | 5,123,589 |
Less: Provision for impairment losses |  |  | (1,171,865 | ) |  |  | (1,338,976 | )
|  |  | 6,563,969 |  |  |  | 3,784,613 |
Disclosure of carrying amount of financial assets at amortized cost |
(b) | The following table sets forth the movement of gross carrying amount of financial assets at amortized cost for the year ended December 31, 2019:
|  | Year ended December 31, 2019 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | POCI |  |  | Total |
As of January 1, 2019 |  |  | 2,578,915 |  |  |  | 535,000 |  |  |  | 278,022 |  |  |  | 92,990 |  |  |  | 3,484,927 |
New financial assets originated or purchased |  |  | 15,379,522 |  |  |  | — |  |  |  | — |  |  |  | 99,493 |  |  |  | 15,479,015 |
Transfers |  |  | (2,403,628 | ) |  |  | — |  |  |  | 2,403,628 |  |  |  | — |  |  |  | — |
— From stage 1 to stage 3 |  |  | (2,403,628 | ) |  |  | — |  |  |  | 2,403,628 |  |  |  | — |  |  |  | — |
Financial assets de-recognized and other adjustments in the current period (including repayments of financial assets) |  |  | (8,331,614 | ) |  |  | (535,000 | ) |  |  | (26,518 | ) |  |  | (59,851 | ) |  |  | (8,952,983 | )
As of December 31, 2019 |  |  | 7,223,195 |  |  |  | — |  |  |  | 2,655,132 |  |  |  | 132,632 |  |  |  | 10,010,959 |
(d) | The following table sets forth the movement of gross carrying amount of financial assets at amortized cost for the year ended December 31, 2020:
|  | Year ended December 31, 2020 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | POCI |  |  | Total |
As of January 1, 2020 |  |  | 7,223,195 |  |  |  | — |  |  |  | 2,655,132 |  |  |  | 132,632 |  |  |  | 10,010,959 |
New financial assets originated or purchased |  |  | 8,590,588 |  |  |  | — |  |  |  | — |  |  |  | 59,084 |  |  |  | 8,649,672 |
Write-offs |  |  | — |  |  |  | — |  |  |  | (221,754 | ) |  |  | (12,521 | ) |  |  | (234,275 | )
Financial assets de-recognized and other adjustments in the current period (including repayments of financial assets) |  |  | (10,300,916 | ) |  |  | — |  |  |  | (318,143 | ) |  |  | (71,463 | ) |  |  | (10,690,522 | )
As of December 31, 2020 |  |  | 5,512,867 |  |  |  | — |  |  |  | 2,115,235 |  |  |  | 107,732 |  |  |  | 7,735,834 |
(f) | The following table sets forth the movement of gross carrying amount of financial assets at amortized cost for the year ended December 31, 2021:
|  | Year ended December 31, 2021 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | POCI |  |  | Total |
As of January 1, 2021 |  |  | 5,512,867 |  |  |  | — |  |  |  | 2,115,235 |  |  |  | 107,732 |  |  |  | 7,735,834 |
New financial assets originated or purchased |  |  | 7,437,143 |  |  |  | — |  |  |  | — |  |  |  | 604,418 |  |  |  | 8,041,561 |
Write-offs |  |  | — |  |  |  | — |  |  |  | (17,651 | ) |  |  | (8,694 | ) |  |  | (26,345 | )
Disposal in the current period |  |  | — |  |  |  | — |  |  |  | (226,843 | ) |  |  | — |  |  |  | (226,843 | )
Financial assets de-recognized and other adjustments in the current period (including repayments of financial assets) |  |  | (10,240,254 | ) |  |  | — |  |  |  | (5,500 | ) |  |  | (154,864 | ) |  |  | (10,400,618 | )
As of December 31, 2021 |  |  | 2,709,756 |  |  |  | — |  |  |  | 1,865,241 |  |  |  | 548,592 |  |  |  | 5,123,589 |
Disclosure of movement of ECL allowance of financial assets at amortized cost |
(c) | The following table sets forth the movement of ECL allowance for the year ended December 31, 2019:
|  | Year ended December 31, 2019 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | POCI |  |  | Total |
As of January 1, 2019 |  |  | 16,492 |  |  |  | 111,437 |  |  |  | 249,080 |  |  |  | 71 |  |  |  | 377,080 |
New financial assets originated or purchased |  |  | 64,072 |  |  |  | — |  |  |  | — |  |  |  | (661 | ) |  |  | 63,411 |
Transfers |  |  | (10,014 | ) |  |  | — |  |  |  | 1,072,170 |  |  |  | — |  |  |  | 1,062,156 |
— From stage 1 to stage 3 |  |  | (10,014 | ) |  |  | — |  |  |  | 10 ,014 |  |  |  | — |  |  |  | — |
Net impact on expected credit loss by stage transfer |  |  | — |  |  |  | — |  |  |  | 1,062,156 |  |  |  | — |  |  |  | 1,062,156 |
Financial assets de-recognized and other adjustments in the current period (including repayments of financial assets) |  |  | (50,718 | ) |  |  | (111,437 | ) |  |  | (2,758 | ) |  |  | (1,932 | ) |  |  | (166,845 | )
Change in parameters of expected credit loss model |  |  | (5,835 | ) |  |  | — |  |  |  | 2,641 |  |  |  | 55,339 |  |  |  | 52,145 |
As of December 31, 2019 |  |  | 13,997 |  |  |  | — |  |  |  | 1,321,133 |  |  |  | 52,817 |  |  |  | 1,387,947 |
(e) | The following table sets forth the movement of ECL allowance for the year ended December 31, 2020:
|  | Year ended December 31, 2020 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | POCI |  |  | Total |
As of January 1, 2020 |  |  | 13,997 |  |  |  | — |  |  |  | 1,321,133 |  |  |  | 52,817 |  |  |  | 1,387,947 |
New financial assets originated or purchased |  |  | 8,593 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 8,593 |
Write-offs |  |  | — |  |  |  | — |  |  |  | (221,754 | ) |  |  | (12,521 | ) |  |  | (234,275 | )
Financial assets de-recognized and other adjustments in the current period (including repayments of financial assets) |  |  | (4,160 | ) |  |  | — |  |  |  | (15,444 | ) |  |  | (117 | ) |  |  | (19,721 | )
Change in parameters of expected credit loss model |  |  | (13,270 | ) |  |  | — |  |  |  | 56,413 |  |  |  | (13,822 | ) |  |  | 29,321 |
As of December 31, 2020 |  |  | 5,160 |  |  |  | — |  |  |  | 1,140,348 |  |  |  | 26,357 |  |  |  | 1,171,865 |
(g) | The following table sets forth the movement of ECL allowance for the year ended December 31, 2021:
|  | Year ended December 31, 2021 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
|  | Stage 1 |  |  | Stage 2 |  |  | Stage 3 |  |  | POCI |  |  | Total |
As of January 1, 2021 |  |  | 5,160 |  |  |  | — |  |  |  | 1,140,348 |  |  |  | 26,357 |  |  |  | 1,171,865 |
New financial assets originated or purchased |  |  | 10,808 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 10,808 |
Write-offs |  |  | — |  |  |  | — |  |  |  | (17,651 | ) |  |  | (8,694 | ) |  |  | (26,345 | )
Disposal in the current period |  |  | — |  |  |  | — |  |  |  | (144,320 | ) |  |  | — |  |  |  | (144,320 | )
Financial assets de-recognized and other adjustments in the current period (including repayments of financial assets) |  |  | (4,531 | ) |  |  | — |  |  |  | (10,366 | ) |  |  | 48,184 |  |  |  | 33,287 |
Change in parameters of expected credit loss model |  |  | 467 |  |  |  | — |  |  |  | 312,491 |  |  |  | (19,277 | ) |  |  | 293,681 |
As of December 31, 2021 |  |  | 11,904 |  |  |  | — |  |  |  | 1,280,502 |  |  |  | 46,570 |  |  |  | 1,338,976 |

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