China Creative Global Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2016. The board of directors of the company announced the shareholders of the company and potential investors that, based on the information currently available to the board, it is anticipated that the group may record a net loss for the year ended 31 December 2016 as compared with the net profit of around RMB 298,993,000 recorded for the corresponding year of 2015 mainly attributable to: slowdown of economic growth in the People's Republic of China; an increase in operating expenses and finance cost of the group; exchange loss arising from the borrowings denominated in HKD; fair value loss on investment property; and no fair value gain on derivative instruments was recognized.