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Halter USX China Index Announces First Quarter 2009 Results and Adds New Constituents - Mar 31 2009 8:21PM
Tuesday, March 31, 2009 8:21 PM


(Source: Business Wire)trackingFor the first quarter of 2009, the Halter USX China Index (Amex: HXC) was down 1.18%. During the same period, the Dow Jones Industrial Average decreased 13.3% and the NASDAQ decreased 3.07%.

HXC is also pleased to announce the inclusion of two new constituents to its existing index of China-focused, U.S. listed companies including: China Techfaith Wireless Communication Technology Ltd. (NASDAQ: CNTF) which is a product provider focused on research and development of cell phone solutions, and Linktone Ltd. (NASDAQ: LTON) which provides entertainment-oriented telecom services to mobile phone users over mobile telecommunications networks.

It was also announced that Qiao Xing Universal Telephone, Inc. (NASDAQ: XING), Xinhua Sports & Entertainment Ltd. (NASDAQ: XSEL), China INSOnline Corp. (NASDAQ: CHIO), and Wuhan General Group (China), Inc (NASDAQ: WUHN) were removed from the Index.

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 gain exposure to 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 101 public companies currently comprise the Halter USX China Index:

                                                                          3SBio, Inc. (NASDAQ:SSRX)                                               51 Job, Inc. (NASDAQ: JOBS)                                             Acorn International, Inc. (NYSE:ATV)                                    Actions Semiconductor Co (NASDAQ: ACTS)                                 Advanced Battery Technologies, Inc. (NASDAQ: ABAT)                      AgFeed Industries, Inc. (NASDAQ: FEED)                                  Agria Corp. (NYSE: GRO)                                                 AirMedia Group, Inc (NASDAQ: AMCN)                                      Aluminum Corp. of China Ltd. (NYSE: ACH)                                American Dairy, Inc (NYSE:ADY)                                          A-Power Energy Generation Systems (NASDAQ: APWR)                        AsiaInfo Holdings, Inc. (NASDAQ: ASIA)                                  ATA, Inc. (NASDAQ: ATAI)                                                Baidu.com, Inc.


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