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Other gains, net
12 Months Ended
Dec. 31, 2023
Other Gains Losses [Abstract]  
Other gains, net
7.
Other gains, net

 

 

Year ended December 31,

 

 

2021

 

 

2022

 

 

2023

 

 

RMB’million

 

 

RMB’million

 

 

RMB’million

 

Government grants and tax rebates (note)

 

 

393

 

 

 

316

 

 

 

195

 

Impairment provision for investment in an associate (Note 17)

 

 

-

 

 

 

-

 

 

 

(23

)

Gains on step-up acquisition arising from business combination

 

 

8

 

 

 

141

 

 

 

4

 

Fair value change of investments

 

 

105

 

 

 

26

 

 

 

-

 

Net (losses)/gains in relation to equity investments

 

 

(10

)

 

 

1

 

 

 

12

 

Dividend from investments

 

 

27

 

 

 

14

 

 

 

15

 

Others

 

 

30

 

 

 

18

 

 

 

27

 

 

 

553

 

 

 

516

 

 

 

230

 

 

Note: There are no unfulfilled conditions or contingencies related to these subsidies.