AVIC International Holding (HK) Limited provided group earnings guidance for the six months ended 30 June 2017. The group is expected to record a significant decrease in loss for the six months ended 30 June 2017 as compared to the same period in 2016. The improvement in loss position was mainly attributable to the decrease in the losses of certain investments held by the Group; and a one-off gain on disposal of convertible loans of approximately HKD 87 million, even though the revenue recorded from property development and investment business for the period was reduced to approximately HKD 30 million (2016: approximately HKD 65 million) and this business segment sustained a loss compared with a profit for the same period in 2016.