Chinese Strategic Holdings Limited provided group earnings guidance for the year ended December 31, 2014. The board of directors of the Company announced that, as compared to a net loss of HKD 21 million for the year ended December 31, 2013, the group is expected to record a profit for the year ended December 31, 2014 which was mainly attributable to: gain arising from fair value changes of convertible instruments designated at financial assets at fair value through profit or loss of approximately HKD 101 million; gain arising from fair value changes of investments held for trading of approximately HKD 3 million; gain on derecognition of an associate of approximately HKD 37 million; and reversal of impairment loss on loan receivables of approximately HKD 26 million.
Chinese Strategic Holdings Limited
Equities
8089
BMG2115V1101
Investment Banking & Brokerage Services
1st Jan change | Capi. | |
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+2.41% | 155B | |
+15.73% | 152B | |
+6.47% | 134B | |
+15.34% | 113B | |
-8.54% | 35.41B | |
+3.74% | 23.98B | |
+21.77% | 20.71B | |
-8.84% | 20.06B | |
+44.94% | 17.35B |