v3.26.1
Cash Flow Information - Summary of Cash Generated from Operations (Details) - CNY (¥)
¥ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from (used in) operating activities [abstract]      
Profit before income tax ¥ 13,277 ¥ 8,712 ¥ 6,045
Adjustments for:      
Depreciation and amortization 1,375 978 1,004
Impairment of long-term investments 82 64 23
Loss allowance for expected credit losses (Note 20) 6 17 17
Non-cash employee benefits expense – share based payments (Note 8) 669 596 649
Fair value gains on investments (Note 7) (49) (12)  
Net (gains)/losses in relation to equity investments (Note 7) (2,381) 50 (12)
Dividend income (Note 7) (173) (17) (15)
(Gains)/losses of step-up acquisition arising from business combination (Note 7) 6 (29) (4)
Share of profit of associates and joint ventures (Note 17) (42) (96) (127)
Interest income (1,054) (1,196) (1,052)
Interest expenses 122 124 124
Net exchange differences 7 (30) 17
Increase in accounts receivable (355) (539) (204)
Decrease/(increase) in inventories (17) (15) 7
Decrease/(increase) in other operating assets (416) 72 85
Increase/(decrease) in accounts payable (783) 1,845 52
Increase in other operating liabilities 538 193 846
Cash generated from operations ¥ 10,812 ¥ 10,717 ¥ 7,455