Viva China Holdings Limited provided earnings guidance for the first quarter ended March 31, 2017. For the period, the Group is expected to record a loss of approximately HKD 90 million to HKD 120 million attributable to the equity shareholders of the company as compared to a loss of HKD 6,028,000 for the corresponding period in 2016. The anticipated increase in loss is primarily attributable to the inclusion of certain non-cash items in the profit and loss statement including the loss on deemed partial disposal of interests in an associate as a result of conversion of the convertible bonds of Li Ning Company Limited by the holder of such bonds in February 2017; the equity-settled share option expenses for the share options granted by the company in January 2017; and amortization of finance cost.