Convoy Global Holdings Limited provided group earnings guidance for the year ended 31 December 2016. The group is expected to record a decrease in loss for its financial year ended 31 December 2016 as compared with the loss recorded by the group for its financial year ended 31 December 2015. The Board considers that such decrease in loss was primarily attributable to the following factors: the net gains arising from financial investments, available-for-sale investments and debt investments of approximately HKD 114 million for the financial year ended 31 December 2016, as compared with the net losses arising from financial investments, available-for- sale investments and debt investments of approximately HKD 265 million as stated in the annual report 2015 of the Group for the financial year ended 31 December 2015; the significant increase in interest income from money lending business from approximately HKD 83 million for the financial year ended 31 December 2015 to approximately HKD 145 million for the financial year ended 31 December 2016; and a sharp increase of more than 85% in revenue from margin financing interest income, share placing commission income and securities dealing commission income for the financial year ended 31 December 2016, when compared to the same period in 2015.