Wing Lee Property Investments Limited provided earnings guidance for the six months ended June 30, 2017. For the period, the Group expects to record a significant increase in profit for the six months ended 30 June 2017 as compared with that for the corresponding period in 2016. This is mainly attributable to the fact that there is expected to be a net increase in fair values of the Group's investment properties for the six months ended 30 June 2017 as compared with a net decrease for the corresponding period in 2016, which reflects the general market conditions of the commercial retail and residential property market in Hong Kong for the period under review. The net increase in fair values of the Group's investment properties for the six months ended 30 June 2017 is expected to range from HKD 10 million to HKD12 million (the net decrease in fair values for the six months ended 30 June 2016 was approximately HKD 6 million).