Cash and Cash Equivalents (Tables)

12 Months Ended

Dec. 31, 2022

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

The following table presents the Company’s cash and cash equivalents (in thousands):

	December 31,
	2022	2021
	$	$
Cash at bank and in hand	1,007,423	663,472
Cash equivalents (note (i))	1,047	300,628
	1,008,470	964,100
Denominated in:
US$	957,824	932,888
RMB (note (ii))	45,486	23,791
Hong Kong dollar (“HK$”)	4,378	6,674
Australian dollar (“A$”)	598	475
Taiwan dollar (“TW$”)	184	272
	1,008,470	964,100

Notes:

(i)Cash equivalents represent short-term and highly liquid investments in a money market fund.

(ii)Certain cash and bank balances denominated in RMB were deposited with banks in mainland China. The conversion of these RMB denominated balances into foreign currencies is subject to the rules and regulations of foreign exchange control promulgated by the Chinese government.