In The News
Halter USX China Index Adds Baidu.com, Inc. (NasdaqNM: BIDU) and Focus Media Holding Ltd. (NasdaqNM: FMCN) and Announces Third Quarter 2005 Results
10/3/2005
DALLAS, October 3, 2005 - For the third quarter of 2005, the Halter USX China Index (Amex: ^HXC) was up 6.73%. During the same period, the Dow Jones Industrial Average increased 2.86% and the Nasdaq was up 4.61%. Year to date the index was down 0.42%, outperforming the Nasdaq and Dow, which are down 1.09% and 1.99%, respectively
HXC is pleased to announce the inclusion of 2 new constituents to its existing index of China-focused, U.S. listed companies including: Baidu.com (NasdaqNM:BIDU), a Chinese language Internet search provider offering Internet search solutions and online marketing solutions and Focus Media Holding Ltd. (NasdaqNM:FMCN) involved in the selling of out-of-home television advertising time slots on their network of flat-panel television screens located in high traffic areas in commercial locations throughout China.
About the Halter USX China Index
The Index, created by the Halter Financial Group and calculated and distributed by the Amex, is comprised of companies whose common stock is publicly traded in the United States and the majority of whose business is conducted within the People's Republic of China. The Halter USX China Index was created in response to the unique economic opportunities taking place in China, as well as the current dynamics in the United States capital markets. While there is strong demand for Chinese equity, U.S. investors still seek and prefer the transparency offered with a U.S. listing. For a company to be included in the Halter USX China Index it must conduct a majority of its business in China, maintain an average market cap of over $50 million for the preceding 40 trading days, trade on the NYSE, Amex or NASDAQ and be approved by USX Selection Committee. Investors can buy the Index by investing in an exchange traded fund (ETF), the PowerShares Golden Dragon Halter USX China Portfolio (AMEX:PGJ). For more information please visit www.usxchinaindex.com. The following 51 public companies currently comprise the Halter USX China Index
51 Job, Inc. (Nasdaq: JOBS)
Aluminum Corp. of China Ltd. (NYSE: ACH)
ASAT Holdings Ltd. (NASDAQ: ASTT)
AsiaInfo Holdings, Inc. (NASDAQ: ASIA)
Baidu.com, Inc. (NASDAQ: BIDU)
Brilliance China Automotive Holdings Ltd. (NYSE: CBA)
China Automotive Systems Inc (NASDAQ: CAAS)
China Eastern Airlines Corporation Ltd. (NYSE: CEA)
China Energy Savings Technology (NasdaqNM: CESV)
China Finance Online (Nasdaq: JRJC)
China Mobile Hong Kong Ltd. (NYSE: CHL)
China National Offshore Oil Corp. (NYSE: CEO)
China Netcom Group Corporation (NYSE:CN)
China Petroleum and Chemical Corp (Sinopec) (NYSE: SNP)
China Southern Airlines Company Ltd. (NYSE: ZNH)
China Telecom Corporation Ltd (NYSE: CHA)
China Unicom Ltd (NYSE: CHU)
China Yuchai International Ltd. (NYSE: CYD)
Chinadotcom Corporation (NASDAQ: CHINA)
China Life Insurance Co Ltd (NYSE: LFC)
Comtech Group, Inc. (Nasdaq: COGO)
Ctrip.com (NASDAQ: CTRP)
Deswell Industries Inc (NASDAQ: DSWL)
eLong (Nasdaq: LONG)
Focus Media Holding Ltd. (NasdaqNM: FMCN)
Guangshen Railway Co Ltd (NYSE: GSH)
HuaNeng Power International, Inc. (NYSE: HNP)
INTAC International (NASDAQ: INTN)
International DisplayWorks, Inc. (Nasdaq: IDWK)
Jilin Chemical Industrial Co. Ltd. (NYSE: JCC)
KongZhong Corporation (Nasdaq: KONG)
Linktone Ltd (NASDAQ: LTON)
Nam Tai Electronics Inc (NYSE: NTE)
Netease.com, Inc. (NASDAQ: NTES)
Ninetowns Digital World Trade Holdings Ltd (Nasdaq: NINE)
Pacificnet Inc. (Nasdaq: PACT)
PetroChina Co. Ltd. (NYSE: PTR)
Qiao Xing Universal Telephone, Inc. (NASDAQ: XING)
Radica Games Ltd (NASDAQ: RADA)
Shanda Interactive Entertainment Ltd (NASDAQ: SNDA)
Sina Corporation (NASDAQ: SINA)
Sinopec Shanghai Petrochemcial Co. Ltd. (NYSE: SHI)
Semiconductor Manufacturing International Corp (NYSE: SMI)
Sinovac Biotech, Ltd. (Amex: SVA)
Sohu.com, Inc. (NASDAQ: SOHU)
The9 Limited (Nasdaq: NCTY)
Tiens Biotech Group (Amex: TBV)
Tom Online Inc (NASDAQ: TOMO)
UTStarcom Inc (NASDAQ: UTSI)
Webzen Inc (NASDAQ: WZEN)
Yanzhou Coal Mining Co. Ltd. (NYSE: YZC)
For further information, please contact:
Michelle Titus
michelle@halterfinancial.com
1-972-233-0300
The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward- looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.