Huijing Holdings Company Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the Group is expected to record a net loss in the range of approximately RMB 400 million to RMB 450 million for the Reporting Period, while it recorded a net profit of approximately RMB 453.4 million for the corresponding period in 2021. The estimated net loss was primarily attributable to (1) the decline in properties delivery in the People's Republic of China leading to a decrease in revenue recognised from sales of properties, which was affected by the overall unfavourable business environment of the real estate industry in the PRC; (2) fair value losses on investment properties; (3) fair value losses on the financial assets through profit or loss; and (4) increase of finance costs.