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Share-based Compensation Expenses (Tables)
12 Months Ended
Dec. 31, 2015
Share-based Compensation Expenses [Abstract]  
Summary the Company's option activity under the 2008 plan

Number of
options

Weighted
Average
Exercise
Price

 

Weighted
Average
Remaining
Contractual Life

 

Aggregate Intrinsic
Value

 

US$

 

In Years

 

US$'000

 
           

Outstanding at January 1, 2015

21,265,846

 

1.17

 

4.88

 

60,165

 

Granted

 

14,369,000

 

4.78

 


 


 

Exercised

 

(4,732,482

)

0.51

 


 


 

Forfeited

 

(820,553

)

3.21

 


 


 

Outstanding at December 31, 2015

 

30,081,811

 

2.94

 

7.01

 

71,711

 

Vested and expected to vest at December 31, 2015

 

28,908,784

 

2.90

 

6.95

 

70,063

 

Exercisable at December 31, 2015

 

9,537,339

 

0.83

 

3.77

 

42,853

 
Schedule of assumptions used to estimate the fair value of option grant on the date of grant
 

2013

 

 

2014

 

 

2015

 

                     

Expected volatility

  50-52 %   50%- 51.1 %   50.9%- 51.7 %

Risk-free interest rate

  1.08-1.75 %   1.99-2.6 %   2.09%- 2.24 %

Exercise multiple

  2.2-2.8   2.2-2.8   2.2-2.8

Expected dividend yield

  0 %   0 %   0 %

Expected term (in years)

  6   6-10   10

Expected forfeiture rate (post-vesting)

  0-20 %   0-20 %   0-20 %

Fair value of the common share on the date of option grant

 

US$0.91-1.98

RMB5.63-12.26

 

US$3.33-6.98
RMB20.66-43.31

 

US$4.21-5.26

RMB27.27-34.07

Summary of restricted shares activity

 

 

Numbers of
restricted
shares

 

Weighted
average grant
date fair value

 

 

 

 

 

 

 

Outstanding as of January 1, 2015

 

179,382

 

3.36

 

Grant

 

100,914

 

4.82

 

Vested

 

(52,488

)

3.36

 

Forfeited

 

 

 

Outstanding as of December 31, 2015

 

227,808

 

4.00

 

Vested and expected to vest at December 31, 2015

 

227,808

 

4.00