Lippo China Resources Limited provided earnings guidance for the six months ended 30 September 2019. The board of directors of the Company announced that based on the information currently available to the Company, the Group is expected to record a loss attributable to shareholders of not less than HKD 100 million for the six months ended 30 September 2019 (the "Period"), as compared to a loss of approximately HKD 256 million for the six months ended 30 September 2018 (the "Last Period"). The loss was mainly due to a fair value loss on investment properties of approximately HKD 72 million for the Period, as compared to a fair value gain of approximately HKD 22 million for the Last Period. Such fair value loss was mainly due to the softening property market in Hong Kong.