China Soft Power Technology Holdings Limited provided earnings guidance for the six months ended September 30, 2015. For the period, the Group expects to record a significant loss for the six months ended September 30, 2015 as compared with the loss (taking no account of the one-off items, namely the fair value losses on revaluation of derivative component of convertible bonds and the losses arising from modification of term of the convertible bonds of the Company) recorded for the corresponding period in 2014. Based on the information currently available to the Group, the expected loss of the Group is mainly attributable to an unrealized fair value losses on short-term and long-term equity investments of approximately HKD 865 million for the six months ended September 30, 2015, as a result of the general downturn of the equity markets in the Greater China during the third quarter of 2015.