China Touyun Tech Group Limited provided group earnings guidance for the year ended December 31, 2017. For the year, the group is expected to record a loss for the year ended December 31, 2017. However, the overall loss is expected to be decreased by 76% as compared with that of the corresponding period in 2016. The board considers that the decrease in loss for the year ended December 31, 2017 is principally attributable to the removal of losses related to the discontinued operations of approximately HKD 55.9 million; the decrease in impairment on goodwill of approximately HKD 158.9 million; the decrease in impairment loss on available-for-sale investments of approximately HKD 381.6 million; and the decrease in fair value loss on financial assets at fair value through profit and loss of approximately HKD 281.6 million.