Viva China Holdings Limited provided earnings guidance for the first quarter and first half of 2020. The board of directors of the Company informed the shareholders of the Company and potential investors that, based on preliminary assessment of the unaudited consolidated management accounts of the Group for the three months ended 31 March 2020 ("2020 Q1") and the currently available information, the Group is expected to record a significant drop in profit by approximately HKD 800 million attributable to the equity shareholders of the Company for the first quarter of 2020 from the profit of approximately HKD 824.0 million for the corresponding period in 2019 ("2019 Q1"). The Group expects there is an increase in the Group's profit attributable to the owners of the Company for the first half of 2020 contributed by the expected gain from partial sale of investment in associate as compared with that of the corresponding period in 2019 as a result of the placing.