Global Mastermind Capital Limited provided earnings guidance for the six months ended June 30, 2017. The board of directors of the company announced that the shareholders of the company and potential investors that, based on the preliminary review on the draft unaudited consolidated management accounts of the group for the six months ended June 30, 2017 and the existing information, the group is expected to record a significant decrease in loss for the period, attributable to owners of the company for the six months ended 30 June 2017 as compared to the loss of approximately HKD 78,433,000 for the six months ended 30 June 2016. Such expected decrease was mainly attributable to (i) change from loss arising in change in fair value of financial assets at fair value through profit or loss classified as held for trading investment for the six months ended June 30, 2016 to gain arising in change in fair value of financial assets at fair value through profit or loss classified as held for trading investment for the six months ended June 30, 2017; (ii) the decrease in finance costs; and (iii) the decrease in the administrative expenses and other operating expenses which partly offset the increase in impairment loss recognised in respect of available-for-sale financial assets reclassified from equity to profit or loss.