Finsoft Financial Investment Holdings Limited provided earnings guidance for the full year ended December 31, 2017. The board of directors of the company announced that based on the information currently available to the Board, the Group expects to record a substantial loss for the year ended 31 December 2017, as compared to a profit of approximately HKD 10 million for the year ended 31 December 2016, primarily due to (i) the impairment loss on available-for-sale investments of approximately HKD 25 million mainly contributed by the reclassification of fair value loss on available-for-sale investments of approximately HKD 25 million from other comprehensive loss to profit or loss in respect of one of the Group's available-for-sale investments, namely, the shares of China Parenting Network Holdings Limited, which are listed on GEM for fiscal year 2017, that was absent in fiscal year 2016; (ii) the impairment loss on investment in an associate of approximately HKD 9 million for fiscal year 2017 based on preliminary assessment, which was absent in fiscal year 2016; (iii) the share of losses of associates of approximately HKD 5 million for fiscal year 2017, as compared to the share of profits of associates of approximately HKD 3 million for fiscal year 2016; and (iv) the share of loss of a joint venture which is currently expected to be not more than HKD 34 million for fiscal year 2017 (approximately HKD 3 million for fiscal year 2016). The aforesaid impairment losses and share of losses of associates and a joint venture are non-cash in nature and will not have any immediate impact on the Group's operating cash flow.