Notes payable (Tables)

12 Months Ended

Dec. 31, 2025

Disclosure of detailed information about borrowings [abstract]

Summary of Note Payable


		As at December 31,
		2024				2025
		RMB’million				RMB’million
Included in non-current liabilities			3,572				3,497
Included in current liabilities			2,154				-
			5,726				3,497

Summary of unsecured senior notes


		Principal amount (US$’million)				Carrying amount at December 31, 2024 (RMB’million)				Carrying amount at December 31, 2025 (RMB’million)				Interest Rate (per annum)				Due
2025 Notes			300				2,154				-				1.375	%		2025
2030 Notes			500				3,572				3,497				2.000	%		2030
			800				5,726				3,497