China Innovation Investment Limited announced earnings guidance for the year ended 31 December 2020. The Company is expected to record a loss attributable to owners of the Company in the range of HKD 7.5 million to HKD 8.5 million, compared to a profit attributable to owners of the Company of approximately HKD 23.9 million for the same period in 2019. During the Reporting Period, the Company is expected to record total comprehensive loss in the range of HKD 40 million to HKD 50 million, compared to the total comprehensive income of approximately HKD 16.0 million for the same period in 2019. The loss is mainly due to the unrealised holding loss in the range of HKD 19 million to HKD 20 million from investments at fair value through profit or loss, and the loss in the range of HKD 35 million to HKD 40 million from the fair value changes of equity investments at fair value through other comprehensive income.