Chinese Strategic Holdings Limited Provides Earnings Guidance for the Quarter Ended March 31, 2016
Chinese Strategic Holdings Limited provided earnings guidance for the quarter ended March 31, 2016. For the quarter, the company expects to record a substantial loss as a result of non - cash accounting treatment of decrease in fair values of investments held for trading of approximately HKD 73 million. The aforesaid decrease in fair values changes is a non - cash accounting treatment and has no material impact on the Group's cash flow or operations.