Hongkong Chinese Limited (the “Company”, together with its subsidiaries, the “Group”) (Stock Code: 655) announced that OUE Limited (“OUE Group”), a subsidiary of a principal joint venture of the Company listed on the Mainboard of Singapore Exchange Securities Trading Limited, expects to record a loss attributable to shareholders for the year ended 31 December 2025. The primary factors include a share of a loss from equity-accounted investees—ranging from S$220.00 million to S$240.00 million—stemming from challenging property market conditions in Chinese Mainland, an anticipated impairment loss on OUE Group’s investment in an equity-accounted investee, and the reversal of provisional negative goodwill of S$94.90 million recorded in the first half of 2025.

Based on currently available information, the Group estimates a share of loss of joint ventures ranging from approximately HK$800.00 million to HK$1.00 billion for the same period, compared with approximately HK$1.20 billion in the previous year. These figures have not been audited. The Company plans to release final results in late March 2026, and advises shareholders and potential investors to exercise caution when dealing in its shares.