Goldin Financial Holdings Limited provided earnings guidance for the six months ended December 31, 2019. For the six months, the company expected to record a loss as compared to a profit for the same period of the last year. This is mainly attributable to the expected net decrease of the fair value of the Group's investment properties as compared with a net increase of approximately HKD 1,299 million. The net decrease in the fair value of the Group's investment properties is expected to be around HKD 194 million, which reflects the general property market conditions in Hong Kong. In addition, the Group is also expected to record a decrease in the revenue generated by the wine trading business of approximately 31%.