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VC Holdings (00821) expects increase in annual loss
 Value Convergence Holdings (00821) said it 
expects to record an increase in the unaudited consolidated loss attributable to 
shareholders for the year ended 31 December 2017 as compared to the same period in 2016.
  The increase in the Group's loss in 2017 was mainly attributable to the increase in net
loss from the Group's proprietary investment trading business as a result of the 
significant increase in net loss from investments held for trading in 2017 as compared to
a substantial net gain from the investments held for trading in 2016, which has been 
partially set-off by the significant decrease in recognition of impairment loss on the 
client receivables from the Group's money lending services in 2017 as compared to the same
period in 2016.
  Its annual results announcement is expected to be announced at the end of March.

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