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Treasury Shares
12 Months Ended
Dec. 31, 2022
Text block [abstract]  
Treasury Shares
38
Treasury shares
 
    
Shares
    
Amount
 
           
RMB’000
 
As of January 1, 2020
  
 
35,644,803
 
  
 
2
 
    
 
 
    
 
 
 
As of December 31, 2020
  
 
35,644,803
 
  
 
2
 
    
 
 
    
 
 
 
Repurchase of ordinary shares (a)
     53,507,241        5,560,104  
Retirement of ordinary shares (Note 37(f))
     (35,644,803      (2
Issuance of ordinary shares for share-based payment (Note 37(g))
     8,000,000        —    
Exercise of share-based payment (b)
     (2,219,927      —    
    
 
 
    
 
 
 
As of December 31, 2021
  
 
59,287,314
 
  
 
5,560,104
 
    
 
 
    
 
 
 
Repurchase of ordinary shares (a)
     1,447,513        82,665  
Exercise of share-based payment (b)
     (3,223,040      —    
    
 
 
    
 
 
 
As of December 31, 2022
  
 
57,511,787
 
  
 
5,642,769
 
    
 
 
    
 
 
 
 
(a)
In 2021, the Company’s board of directors authorized share repurchase programs under which the Company could repurchase up to an aggregate of USD1 billion of its shares during a specific period of time. As of December 31, 2022, the Company had repurchased 55.0 million shares for approximately RMB5,643 million under share repurchase programs.
(b)
For the year
s
ended December 31, 2020, 2021 and 2022, the number of treasury shares of nil and 2,219,927 and 3,223,040 had been used for the exercise of share-based payment with a par value of USD0.00001 per share, respectively, which amounted to RMB nil, RMB143 and RMB224.