Earnest Investments Holdings Limited provided earnings guidance for the year ended December 31, 2017. The board of directors of the company announced that the company is expected to record a substantial decrease in loss for its financial year ended December 31, 2017 as compared with the loss recorded by the company for the corresponding period in 2016. The Board considers that such decrease in loss is mainly attributable to the gain from net change in fair value of financial assets of approximately HKD 3.0 million (which comprised of net realized losses on disposals of financial assets at fair value through profit or loss and net unrealized gains on financial assets at fair value through profit or loss of approximately HKD 0.7 million and HKD 3.7 million respectively) expected to recorded for its financial year ended December 31, 2017 as compared with the loss on net change in fair value of financial assets of approximately HKD 5.1 million (which comprised of net realized losses on disposals of financial assets at fair value through profit or loss and net unrealized losses on financial assets at fair value through profit or loss of approximately HKD 0.1 million and HKD 5.0 million) recorded by the company for the corresponding period ended December 31, 2016 as a result of the recent upturn in financial market.