Huarong Investment Stock Corporation Limited provided consolidated earnings guidance for the six months ended 30 June 2019. For the period, the company expects to record a loss attributable to the equity holders of the Company for the unaudited consolidated results for the six months ended 30 June 2019 as compared with the profit recorded for the corresponding period of 2018. The expected net loss was mainly due to (i) substantial provisions that are expected to be made against the Group's direct investments in loans and receivables and (ii) unrealized losses arising from the adverse fair value change of the financial assets at fair value through profit or loss.