Phoenix New Media Hong Kong shares | Oceanwide Hotel (00292) announced that the Group expects to record a loss attributable to shareholders of approximately HK $150 million for the six months ended September 30, 2021, compared with a profit of HK $302 million for the same period last year.
The change was mainly due to net investment losses (2020: gains) during the period, which included expected credit losses and unrealised losses on financial investments.