The board of directors of the China Investment and Finance Group Limited informed the shareholders of the company and potential investors that the group is expected to record an increase in loss for the six months ended 30 September 2016, as compared to the unaudited consolidated loss for the six months ended 30 September 2015. Based on the preliminary assessment of the group's unaudited management accounts for the Interim Period and information currently available to the Board, the expected increase in loss for the interim period was primarily attributable to the net realised gain on disposal of subsidiaries, which principally held unlisted investments and properties, of approximately HKD 18 million, recorded in the six months ended 30 September 2015.