HealthBank Holdings Limited provided earnings guidance for the half year ended June 30, 2020. The Board of Directors announced that, following a preliminary review of the unaudited financial results of the Group for the 6-month financial period ended 30 June 2020, the Group expects to report a loss for HY2020 mainly due to the following: The Group's hospitality business in China are adversely impacted by the COVID-19 pandemic resulted in lower revenue from the hospitality facilities management services due to severe restrictive business operations and movement control for local and international travellers since January 2020; Increase in the expected credit loss due to slow collection of trade receivables as customers' liquidity and credit access continue to deteriorate as a result of the impact arising from the COVID-19 outbreak, the slowing Chinese economy as well as the legacy of previous deleveraging policy introduced by the Chinese Government; and Impairment of intangible assets arising from acquisition of Beijing Libre Commercial Management Co. Ltd. due to weak forward-looking uncertainties arising from the COVID-19 pandemic and continuing US-China trade disputes.