Huarong Investment Stock Corporation Limited provided consolidated earnings guidance for the six months ended June 30, 2020. For the six months, the company announced that, based on a preliminary assessment of the Group's unaudited consolidated management accounts for the six months ended 30 June 2020 and all information currently available to the Board, the group is expected to record a net loss of not more than HKD 5 million for the Relevant Period, representing a substantial decrease in loss as compared with the loss of approximately HKD 316 million for the six months ended 30 June 2019. The substantial decrease in loss was mainly due to an unrealized gain on financial investments recorded and a drop of impairment losses charged in the relevant period, as compare with a unrealized loss on financial investments of approximately HKD 202 million and net impairment of HKD 102 million in the 2019 Interim Period, respectively.