China Merchants Securities Co. Ltd. provided earnings guidance for the year ended December 31, 2016. For the year, the company is expected to record a decrease of 40% to 60% in the net profit attributable to the shareholders of the company (consolidated) for the year 2016 as compared with the corresponding period of the preceding year. The estimated profit decrease for the period was revenue of the company during the reporting period from securities brokerage and investment businesses recorded a substantial year-on-year decrease due to the market downturn.