China Investment Fund Company Limited provided earnings guidance for the year ended 31 December 2022. For the period, the company is expected to record a substantial loss of no more than HKD 340 million attributable to owners of the Company for the year ended 31 December 2022 as compared to a profit of HKD 165,130,000 for the year ended 31 December 2021, primarily due to net unrealised loss on revaluation of financial assets at fair value through profit or loss incurred for the year ended 31 December 2022 (31 December 2021: unrealised gain on revaluation of financial assets at fair value through profit or loss) of the Company.