China Best Group Holding Limited provided group earnings guidance for the six months ended June 30, 2016. The board of the company announced that, based on a preliminary review and assessment of the group's unaudited financial information currently available to it, the group is expected to record a significant decline in profit or even make a loss for the six months ended June 30, 2016 as compared to its net profit of approximately HKD 141 million for the corresponding period in 2015. The board considers that such decline is mainly attributable to, among other things, realised loss of approximately HKD 8 million derived from trading in listed securities during the period; unrealised fair value gain of approximately HKD 10 million in respect of investment in listed securities held for trading as at June 30, 2016; and share of losses of associates of not less than HKD 4 million for the period.