Core Economy Investment Group Limited provided earnings guidance for the year ended 31 December 2022. For the year, the company is expected to record a decrease in loss of approximately HKD 3.2 million as compared with the loss recorded by the Group for the corresponding period in 2021. The Board considers that such decrease in loss is mainly attributable by (1) a decrease in loss on net change in fair value of financial assets expected to be recorded by the Group for the Financial Year of approximately HKD 2.1 million; and (2) decrease in operating and finance cost expected to be recorded by the Group for the Financial Year of approximately HKD 1.1 million due to the implementation of cost saving plan.