Annual Report 2024

China Merchants China Direct Investments Limited Annual Report 2024 131 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 December 2024 6. NET GAIN (LOSS) ON FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS The following is an analysis of net gain (loss) on investments of the Group for the year ended 31 December 2024. The amounts of realised gain (loss) represent the difference between the fair value at the beginning of the year or purchase date in the year and the disposal date of financial instruments while the amounts of unrealised gain (loss) represent the change of fair value during the year of financial instruments held by the Group as at the year end: 2024 2023 US$ US$ Net gain (loss) on financial assets at FVTPL Listed investments Realised — 44,889 Unrealised 102,269,061 (62,745,077) Unlisted investments Realised (92,282) — Unrealised 35,322,884 53,671,674 Total 137,499,663 (9,028,514)