Pigfish Limited is a company incorporated in Hong Kong. It has its financial year end at 31 December. Below is the trial balance of PigfishLimited as at 31 December 2016: Note Debit Credit HK$'000 HK$'000 Property, plant and equipment 4, 500 Accumulated depreciation 2, 500 Investment in shares 1 8,000 Investment in share conversion option 2,000 Fixed deposit 3,000 Inventory 1, 500 Accounts receivables 800 Cash 1,000 Accounts payable 1, 300 Bank loans 1,000 Share capital 7, 500 Retained profits - at 1 January 2016 8, 200 Sales 5,000 Cost of sales 3,000 Depreciation expense 700 Operating expense 500 Interest expense 600 Dividend income 300 Dividend paid 200 Note 1: Investment in shares is for long-term investment purposes. Required: With reference to the relevant financial reporting and accounting standards, discuss the appropriate accounting classifications and treatments of the following items: Investment in shares Investment in share conversion options Bank loans