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FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (Tables)
12 Months Ended
Dec. 31, 2020
Disclosure of fair value measurement of assets [abstract]  
Schedule of Financial Assets at Fair Value Profit or Loss

The FARL shares comprising the Equity Investment were recognized as financial assets at fair value through profit or loss as they were held for trading at December 31, 2020.


 

 

2019

 

 

2020

 

 

2020

 

 

 

CNY

 

 

CNY

 

 

US$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Listed equity investment, at fair value

 

 

 

 

 

138,674

 

 

 

21,234

Schedule of Movements of Financial Assets at Fair Value

The movements of financial assets at fair value through profit or loss are as follows:


 

 

2019

 

 

2020

 

 

2020

 

 

 

CNY

 

 

CNY

 

 

US$

 

As of January 1

 

 

 

 

 

 

 

 

 

Upon initial recognition of the Equity Investment

 

 

 

 

 

107,340

 

 

 

16,436

 

Fair value adjustment (Note 11)

 

 

 

 

 

31,334

 

 

 

4,798

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31

 

 

 

 

 

138,674

 

 

 

21,234