Allied Properties (H.K.) Limited provided consolidated earnings guidance for the six months ended June 30, 2016. Based on the information currently available to the company and the preliminary review of the Group's unaudited consolidated management accounts for the six months ended 30th June, 2016, the unaudited consolidated profit for the six months ended 30th June, 2016 will show a significant decrease as compared to the unaudited consolidated profit for the corresponding period in 2015. Such decrease is primarily due to lower earnings of SHK and lower revaluation gains from investment properties of the Group during the period. The primary reasons for decrease in profit of SHK as: during the six months ended 30th June, 2015 there was a non-recurring profit of HKD 3,033 million from the sale of 70% of the Sun Hung Kai Financial Group Limited business to Everbright Securities Financial Holdings Limited; as a result of this sale, SHK's share of the profit from the SHKFGL business reduced from 100% to 30%. In addition, the profit for the period from continuing operations of SHK has decreased by approximately 50% as a result mainly of net mark-to-market losses from financial investments in SHK's principal investments segment in the context of weaker financial markets during the period and the continuing difficult operating environment for SHK's consumer finance business in Mainland China.