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Commitments (Tables)
12 Months Ended
Dec. 31, 2023
Capital commitments [abstract]  
Summary of Future Minimum Commitments for Non Cancellable Operating Commitments
(a)
Operating commitments

The following table summarizes future minimum commitments of the Group under non-cancelable operating arrangements:

 

 

2022

 

 

2023

 

 

RMB’million

 

 

RMB’million

 

Within one year

 

 

61

 

 

 

31

 

Later than one year but not later than five years

 

 

18

 

 

 

12

 

 

 

79

 

 

 

43

 

As at December 31, 2023, the operating commitments of the Group are mainly related to property management and other services.

Summary of Minimum Royalty Payments Under Licensing Agreement
(b)
Content royalty

The Group is subject to the following minimum royalty payments associated with its license agreements:

 

 

2022

 

 

2023

 

 

RMB’million

 

 

RMB’million

 

Within one year

 

 

1,743

 

 

 

2,949

 

Later than one year but not later than five years

 

 

350

 

 

 

1,510

 

 

 

2,093

 

 

 

4,459