Neway Group Holdings Limited provides earning guidance for the full year ended December 31, 2020. The Group is expected to record a loss in the range of approximately HKD 85 million to HKD 100 million for the year ended 31 December 2020 as compared to a loss of approximately HKD 31.0 million for the year ended 31 December 2019. The Board considers that such increase in loss was primarily attributable to (i) the increase of fair value loss on held-for-trading investments recorded during Fiscal Year 2020 to approximately HKD 32.5 million as compared to that of Fiscal Year 2019 (FY 2019: fair value loss of approximately HKD 21.8 million); (ii) the recognition of impairment loss on certain loan receivables of approximately HKD 25.5 million (FY 2019: Nil); (iii) the exchange loss of approximately HKD 8.1 million recorded in Fiscal Year 2020 due to appreciation of RMB (FY 2019: gain of approximately HK$1.0 million); and (iv) the absence of gain on disposal of Sichuan Yinghua Real Estate Co. Ltd.