Beijing Properties (Holdings) Limited provided earnings guidance for the year ended 31 December 2019. The company is expected that the Group would record a loss attributable to the shareholders of the Company of approximately HKD 486.33 million for the year ended 31 December 2019 as compared to the loss attributable to the shareholders of the Company of approximately HKD 23.68 million for the year ended 31 December 2018. The increase in expected loss for the year is mainly attributable to: (i) an impairment loss recognised on an associate for HKD 77.89 million; (ii) a share of loss of associates for HKD 97.77 million; and (iii) a decrease of fair value increment on investment properties for HKD 315.01 million.