The following table illustrates the fair value measurement hierarchy of the Group’s investment properties:
| Buildings | Fair value measurement using | |||||||||||||||
| Quoted prices | Significant | Significant | ||||||||||||||
| in active | observable | unobservable | ||||||||||||||
| markets | inputs | inputs | ||||||||||||||
| (Level 1) | (Level 2) | (Level 3) | Total | |||||||||||||
| RMB million | RMB million | RMB million | RMB million | |||||||||||||
|
Not measured at fair value but fair value is disclosed: |
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As at 31 December 2017 |
— | 198 | 430 | 628 | ||||||||||||
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As at 31 December 2016 |
— | 183 | 421 | 604 | ||||||||||||
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