Chinese Estates Holdings Limited provided earnings guidance for the year 31 December 2021. The management, it is expected that the Group may record a substantial decline in the Revenue ranging from 52% to 62% and the Loss ranging from HKD 3.20 billion to HKD 3.80 billion for the Year, as compared with the revenue of HKD 3.04 billion and the consolidated net profit attributable to owners of the Company of HKD 0.62 billion for the year ended 31 December 2020. In addition, the Group may record an expense in the Other Comprehensive Expenses in respect of realised and unrealised losses on fair value change of the Evergrande Shares of approximately HKD 10.92 billion for the Year.