The board of directors of China Investment and Finance Group Limited informed the shareholders of the company and potential investors that the Group is expected to record an increase in loss for the six months ended 30 September 2017 (the "Interim Period"), as compared to the unaudited consolidated loss for the six months ended 30 September 2016. Based on the preliminary assessment of the Group's unaudited management accounts for the Interim Period and information currently available to the Board, the expected increase in loss for the Interim Period was primarily attributable to the significant increase in loss on the Group's listed investments for the Interim Period, as compared to that for the six months ended 30 September 2016.