Cash and Cash Equivalents (Tables)

3 Months Ended

Mar. 31, 2023

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

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

	March 31, 2023	December 31, 2022
Cash at bank and in hand	878,786	1,007,423
Cash equivalents (i)	1,058	1,047
	879,844	1,008,470
Denominated in:
US$	836,981	957,824
RMB (ii)	38,278	45,486
Hong Kong dollar (“HK$”)	3,864	4,378
Australian dollar (“A$”)	588	598
Taiwan dollar (“TW$”)	133	184
	879,844	1,008,470

(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.