Earnest Investments Holdings Limited provided earnings guidance for the year ended December 31, 2016. The company is expected to record a decrease in loss for its financial year ended 31 December 2016 as compared with the loss recorded by the company for the corresponding period in 2015. The Board considers that such decrease in loss is mainly attributable to the decreased loss on financial assets at fair value through profit or loss of approximately HKD 5.1 million (which comprised of unrealized gain and realized loss of approximately HKD 18.0 million and HKD 23.1 million respectively) expected to recorded for its financial year ended 31 December 2016 as compared with the loss on financial assets at fair value through profit or loss of approximately HKD 16.4 million (which comprised of unrealized loss and realized gain of approximately HKD 18.8 million and HKD 2.4 million respectively) recorded by the company for the corresponding period ended 31 December 2015 as a result of the recent upturn in financial market.