Global Mastermind Holdings Limited provided unaudited consolidated earnings guidance for the six months ended June 30, 2017. The board informed the shareholders and potential investors that the group is expected to record a loss of not less than HKD 20,000,000 for the six months ended 30 June 2017, which is lower as compared to the loss of HKD 33,834,000 for the corresponding period in 2016. The decrease in loss is mainly due to (i) the absence of impairment loss on available-for-sale investments in the current period; (ii) an increase in interest income derived by money lending business in current period as compared to the corresponding period in 2016; and (iii) an estimated gain on change in fair value of financial assets at fair value through profit or loss in the current period as compared to a loss of the corresponding period in 2016.