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Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
16.PROPERTY, PLANT AND EQUIPMENT

 

   Properties  Leasehold
improvement		  Computer
equipment		  Right-of-
use assets		  Total
   US$  US$  US$  US$  US$
Cost:               
As of January 1, 2024   70,549    —    150    492    71,191 
Additions   226,165    —    8    544    226,717 
Disposal of subsidiaries   —    —    —    (212)   (212)
Exchange realignment   (1,850)   —    (6)   (61)   (1,917)
                          
As of December 31, 2024   298,774    —    152    763    299,689 
Additions   19,966    1,749    

—

    —    21,715 
Disposal of subsidiaries   —    —    (4)   —    (4)
Exchange realignment   10,761    (78)   130    22    10,835 
                          
As of December 31, 2025   329,501    1,671    278    785    332,235 
                          
Accumulated depreciation:                         
As of January 1, 2024   (987)   —    (28)   (122)   (1,137)
Charge for the year   (6,426)   —    (31)   (273)   (6,730)
Disposal of subsidiaries   —    —    —    145    145 
Exchange realignment   (506)   —    (2)   (10)   (518)
                          
As of December 31, 2024   (7,919)   —    (61)   (260)   (8,240)
Charge for the year   (9,383)   (253)   (4)   (264)   (9,904)
Disposal of subsidiaries   —    —    4    —    4 
Exchange realignment   71    30    (128)   1    (26)
         —                
As of December 31, 2025   (17,231)   (223)   (189)   (523)   (18,166)
                          
Carrying amount:                         
As of December 31, 2025   312,270    1,448    89    262    314,069 
                          
As of December 31, 2024   290,855    —    91    503    291,449 

Properties of US$267,926 and US$270,192 were pledged for bank borrowings (Note 19) as of December 31, 2024 and 2025, respectively.

 

As of December 31, 2024 and 2025, the Group leases commercial premises for its operations. Lease contracts are entered into for fixed term of three years. In determining the lease term and assessing the length of the non-cancellable period, the Group applies the definition of a contract and determines the period for which the contract is enforceable. In addition, lease liabilities of US$519 and US$273 are recognized with related right-of-use assets of US$503 and US$262 as of December 31, 2024 and 2025, respectively. The lease agreements do not impose any covenants other than the security interests in the leased assets that are held by the lessor. Leased assets may not be used as security for borrowing purposes.