Long-Term Investments (Tables)

12 Months Ended

Dec. 31, 2023

Long-Term Investments [Abstract]

Summary of Movement of Carrying Value of Equity Investments Accounted Using Measurement Alternative

The following table summarizes the movement of the carrying value of the Group’s equity investments accounted for using the measurement alternative for the year ended December 31, 2021, 2022 and 2023:

	As of December 31,
	2021			2022		2023
	(RMB in thousands)
Long-term investment at the beginning of the year		264,151			212,700		212,700
Addition		16,700			—		—
Disposal		(67,475	)		—		—
Impairment		—			—		(92,316	)
Foreign currency translation adjustments		(676	)		—		—
Long-term investment at the end of the year		212,700			212,700		120,384