The board of directors of the China Star Entertainment Limited announced that the shareholders of the company and potential investors that the Group is expected to record a significant increase in its loss attributable to owners of the company for the six months ended 30 June 2017 as compared to a loss of HKD 39,086,000 in the last corresponding period. Based on a preliminary review on the unaudited consolidated management accounts of the Group for the six months ended 30 June 2017 and information currently available to the Board, such anticipated significant increase in loss is mainly attributable to, including but not limited to loss on early redemption on promissory note issued by the company of approximately HKD 60 million; the recognition of unrealized loss of approximately HKD 57 million arising on change in fair value of financial assets classified as held for trading investments as compared to unrealized loss of HKD 12,688,000 recognized in the last corresponding period which represented the decrease in market values of the Group's equity securities listed in Hong Kong as at 30 June 2017; and increase in finance costs by the amount of approximately HKD 16 million from the last corresponding period. The effect of such increase is partially offset by the recognition of gain on fair value change of investment properties of approximately HKD 1 million during this period as compared to loss of HKD 25,370,000 in the last corresponding period.