Kingkey Intelligence Culture Holdings Limited provided earnings guidance for the year ended 31 December 2023. The company expects the net loss would be widened from approximately HKD 8.7 million for the year ended 31 December 2022 to over HKD 21 million for Fiscal Year 2023 and the fair value change on equity instruments at FVTOCI is anticipated to change from a gain of approximately HKD 27.8 million for Fiscal Year 2022 to a loss of approximately HKD 48.8 million for Fiscal Year 2023.