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Wednesday, 12/13/2000 10:21:58 AM

Wednesday, December 13, 2000 10:21:58 AM

Post# of 3366
Good news from China World Trade, looks like money coming on board. Also news out on SYMY, they got rid of GEEK, who was short cause they had shares coming, looks up from here pretty quick. SHPS has got to get some news out, but holding steady, needs some wind it its' sails. TGHI still waiting for NASD pproval, bit aof a legal jam, CMIX had someone selling for tax loss, now they are buying it back, maybe about a month to go still, TTXI I heard was working on a related industry deal, but has a ways to go, CHOD year-end earnings expected out by the end of the week, BMKS, I bought some, seems realy undervalued, but so are a lot of things, WCOM and GX two naz bottom plays now creeping up, good places for safe money on next dip, I realy like PCNTF and think at $3 it's a big winner down the line, SCRO, if you can get it in the .80's, what a deal, have flipped it from there on numerous occasions, holding a core, AUTO is a pos, epawn material, IMEC is still a sleeper, but they will make a splash I think at some point with their RM... yada yada have a good x-mas and new year, welcome to the junta of the US.

China World Trade Corporation Appoints Two Independent Directors

LOS ANGELES, Dec 13, 2000 (BUSINESS WIRE) -- China World Trade Corporation
("CHWT")(OTCBB:CHWT) is proud to announce that it has appointed two independent
directors, Peter Hurst and Wai Tung Cheung, to join the company's audit
committee.

Peter Hurst has vast and extensive working experience in the banking industry.
He was the Director of Corporate Banking for National Westminster Bank PLC,
overseeing offshore units in Asia Pacific and the Middle East. For the past
decade, Mr. Hurst acted as both a consultant and a member of the European
Advisory Committee for Mitsubishi Electric Co., advising on organizational
structure, localization and cultural interchange.

Wai Tung Cheung is the Chairman of Culturecom Ltd., which is listed on the Hong
Kong Stock Exchange. Mr. Cheung is responsible for corporate strategic planning
and business development for Culturecom Ltd. Mr. Cheung is also the Chairman of
ViaGOLD Capital Ltd., which is listed on the stock exchange of Australia. He was
also the Chief Executive Officer of COSCO Group in Hong Kong and Singapore.

These appointments, together with a third soon-to-be-appointed independent
director, is considered to be the preparatory step for the company to attain a
full listing on one of the well-established national exchanges.

John H.W. Hui, Chairman and Chief Executive Officer of China World Trade
Corporation, stated, "As is evident from the additions of Mr. Hurst and Mr.
Cheung, the company is clearly focused on building a solid and successful
management team, which will enable us to further widen our pipeline into the
massive opportunities abundant in the ever-growing 'China Marketplace.'"

China World Trade Corporation is structured to be a dominant player in the trade
agency business linking companies in China with the rest of the world.

Statements made in this news release concerning predictions of performance and
the company's plans and objectives are not historic facts and constitute
forward-looking statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Such statements involve
important risks and uncertainties that may cause results to differ materially
from those set forth in this news release. All forward-looking statements are
subject to the successful completion of actions described in the news release.
Readers should carefully review the company and publicly available filings
thoroughly with their registered investment advisor or registered broker.


CONTACT: Pace Communications Network
Sy Mitzner, 800/719-5777
www.chinawtc.com

URL: http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire. All rights reserved.

-0-


KEYWORD: AUSTRALIA HONG KONG SINGAPORE
INDUSTRY KEYWORD: BANKING
MANAGEMENT
CHANGES

*** end of story ***



imo

imho, Jerome

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