Huarong International Financial Holdings Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2018. For the year, the company expected net loss of the Group for the Year would exceed the net loss reported for the six months ended 30 June 2018 by around 30%. The increase in the expected net loss was mainly subject to the complex and volatile economic environment and the continued downturn volatility of the Hong Kong securities market in the second half of 2018, the Company expects to increase the provisions for the direct investments in debt instruments, receivables, loans and advances in margin financing of the Group at the end of the Year and the unrealised (non-cash) loss arising from the adverse fair value change of the financial assets at fair value through profit or loss would also increase.