Jun Yang Financial Holdings Limited provided earnings guidance for the year ended 31 December 2016. For the period, the company is expected to record a significant loss for the year ended 31 December 2016 (for the year ended 31 December 2015: audited loss of approximately HKD 192 million). Based on the information currently available to the Board, such significant loss is principally attributable to the losses in respect of its investments and such losses are estimated to be approximately HKD 184 million (realised losses) and approximately HKD 672 million (unrealised losses) respectively as a result of the volatile stock market in Hong Kong during fiscal year 2016.