China Soft Power Technology Holdings Limited provided earnings guidance for the year ended March 31, 2016. For the period, the board of directors of the company announced that the Group expects to record a significant loss as compared to the last corresponding year. The expected loss of the Group is mainly attributable to the realized losses and unrealized losses on short term and long term equity investments of approximately HKD 1,091 million for the year ended March 31, 2016, as a result of the general downturn of the equity markets in the Greater China since the third quarter of 2015.