According to the Zhitong Finance App, Shengyang Investment (00174) announced the results for the year ended December 31, 2023. The group obtained revenue of HK$1,062 million, a decrease of 0.3% year on year; loss attributable to the company's shareholders was HK$656 million, an increase of 121.78% year on year; and a loss of HK$1.03 per share.

As the global economy continues to be affected by the post-pandemic pandemic, and many interest rate hikes by major central banks have impeded global economic recovery, various investment, operating and financial costs have risen. The inflation rate of major economies gradually declined this year, but global capital markets continued to fluctuate in 2023, asset prices fell, and the fair value of the Group's properties fell by about HK$997 million in 2023.