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TAXATION - Income Tax Rate Reconciliation (Details)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
TAXATION      
Statutory CIT rate 25.00% 25.00% 25.00%
-Share-based compensation expenses 0.10% 0.10% 1.10%
-Change in fair value of convertible senior notes and call options 32.00% 0.60% 0.00%
-Accrued payroll and welfare expenses 0.40% 0.50% 4.20%
-Change of enacted tax rate (7.20%) 0.70% (3.20%)
-Other non-deductible expenses including tax preferences (6.60%) (7.00%) (19.50%)
Difference in tax rate of subsidiaries outside the PRC (3.10%) 4.50% 0.60%
Effect of tax holiday for subsidiaries (7.80%) (4.60%) (14.00%)
Change in valuation allowance (1.30%) 2.40% 6.90%
Effective tax rate 31.50% 22.20% 1.10%