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TAXATION - Income Tax Rate Reconciliation (Details)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
TAXATION      
Statutory CIT rate 25.00% 25.00% 25.00%
Share-based compensation expenses 0.10% 1.10% 6.60%
Change in fair value of convertible senior notes and capped call options 0.60% 0.00% 0.00%
Accrued payroll and welfare expenses 0.50% 4.20% 13.40%
Change of enacted tax rate 0.70% (3.20%) (12.10%)
Other tax preferences (7.00%) (19.50%) (42.30%)
Difference in tax rate of subsidiaries outside the PRC 4.50% 0.60% 7.50%
Effect of tax holiday for subsidiaries (4.60%) (14.00%) (8.80%)
Change in valuation allowance 2.40% 6.90% 13.80%
Effective tax rate 22.20% 1.10% 3.10%