Hysan Development Company Limited provided earnings guidance for the six months ending 30 June 2020. The Company expects that the Company and its subsidiaries (the "Group") may record a loss attributable to owners of the Company for the six months ending 30 June 2020, as compared with a profit for the corresponding period in 2019. Such loss is caused by fair value loss for the period which is expected to be approximately HKD 4 billion upon revaluation of investment properties due to the adverse economic conditions from the outbreak of COVID-19.