Halter USX China Index Announces 2011 Year End and 4Q Results and Adds New Constituents
Adds CHINA GRENTECH CORPORATION LTD (GRRF), TUDOU HOLDINGS LIMITED (TUDO), AND ZUOAN FASHION LIMITED (ZA)
DALLAS, Dec 31, 2011 (BUSINESS WIRE) -- For the fourth quarter and for the year 2011, the Halter USX China Index was up 2.40% and down 25.59% respectively. During the same period (fourth quarter and year end), the Dow Jones Industrial Average increased by 11.95% and 5.53% respectively, while the NASDAQ finished up 7.86% and down 1.80%
HXC is also pleased to announce the inclusion of 3 new constituents to its existing index of China-focused, U.S. listed companies including: China Grentech Corporation Limited (GRRF) engages in the manufacture and sale of wireless coverage products and services for telecommunications operators; Tudou Holdings Limited (TUDO) that is an online video company; and Zuoan Fashion Limited (ZA) which engages in the manufacture, distribution, and retailing of men's apparel.
It was also announced that China Natural Gas, Inc. (CHNG), WSP Holdings Ltd. (WH), American Lorain Corporation (ALN), Yucheng Technologies Limited (YTEC), China Information Technology, Inc (CNIT), China Finance Online (JRJC), Ku6 Media Co., Ltd. (KUTV), China Pharma Holdings, Inc. (CPHI), China Marine Food Group Limited (CMFO), China Nutrifruit Group Limited (CNGL), AgFeed Industries, Inc. (FEED), China Sunergy Co. Ltd. (CSUND), and IFM Investments Limited (CTC) 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 NYSE Arca, 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, 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 (nyse arca:PGJ). For more information please visit http://www.usxchinaindex.com. The following 163 public companies currently comprise the Halter USX China Index:
(SSRX)(JOBS)(SVN)(ATV)(ACTS)(GRO)(AMCN)(ACH)(AMBO)(ADY)(AOB)(ASIA)(ATAI)(BIDU)(BITA)(CIS)(CSIQ)(CYOU)(CHRM)(CAAS)(CBAK)(CBPO)(CO)(STV)(DL)(CEA)(CHOP)(CGA)(GRRF)(CHC)(KH)(LFC)(HTHT)(CMED)(CNR)(MY)(CHL)(CHNR)(NPD)(BORN)(NEP)(NKBP)(SNP)(CRIC)(CREG)(SHZ)(ZNH)(CNTF)(CHA)(CTFO)(CHU)(CVVT)(CXDC)(XNY)(CNYD)(CYD)(ZX)(CAST)(CEDU)(CHDX)(CISG)(CEO)(COGO)(CCM)(CCSC)(CTRP)(DQ)(DEER)(DANG)(EJ)(LONG)(FSIN)(GSI)(GA)(GSOL)(GSH)(GURE)(HSOL)(HOLI)(HMIN)(HNP)(ISS)(JASO)(DATE)(JKS)(JST)(KNDI)(KGJI)(KONG)(LLEN)(LDK)(LAS)(LIWA)(LPH)(MR)(NTE)(NTES)(NQ)(EDU)(NED)(NOAH)(ONP)(SEED)(PWRD)(PTR)(FENG)(QXM)(XING)(QIHU)(SOL)(RENN)(SMI)(GAME)(SNDA)(SHP)(SVM)(SCR)(SINA)(SHI)(SVA)(SPU)(SOHU)(SORL)(SFUN)(SPRD)(STP)(SYUT)(SYSW)(XRS)(TAOM)(TSTC)(NCTY)(TSL)(TUDO)(UTSI)(VIT)(VISN)(WWIN)(WX)(XIN)(XUE)(YZC)(YGE)(YONG)(YOKU)(HOGS)(ZA) 21Vianet Group Inc (nasdaqgm:VNET) 3SBio, Inc.
51 Job, Inc.
7 Days Group Holdings Ltd
Acorn International, Inc.
Actions Semiconductor Co
Agria Corp.
AirMedia Group, Inc
Aluminum Corp. of China Ltd.
Ambow Education Holding Ltd.
American Dairy, Inc
American Oriental Bioengineering, Inc.
AsiaInfo Holdings, Inc.
ATA, Inc.
AutoNavi Holdings Limited (nasdaqgs:AMAP) Baidu.com, Inc.
Bona Film Group Limited (nasdaqgm:BONA) Camelot Information Systems Inc.
Canadian Solar, Inc.
Changyou.com Limited
Charm Communications Inc.
China Automotive Systems Inc
China BAK Battery, Inc.
China Biologic Products, Inc.
China Ceramics Co., Ltd. (nasdaqcm:CCCL) China Cord Blood Corp
China Digital TV Holdings Co., LTD.
China Distance Education Holdings Limited
China Eastern Airlines Corporation Ltd.
China Gerui Advanced Materials Group Ltd.
China Green Agriculture, Inc.
China GrenTech Corporation LTD
China Hydroelectric
China Kanghui Holdings
China Life Insurance Co Ltd
China Lodging Group, Limited
China Medical Technologies, Inc.
China Metro-Rural Holdings Limited
China Ming Yang Wind Power Group
China Mobile Hong Kong Ltd.
China Natural Resources, Inc.
China Nepstar Chain Drugstore Ltd.
China New Borun Corp
China North East Petroleum Holdings Limited
China Nuokang Bio Pharmaceutical Inc
China Petroleum and Chemical Corp (Sinopec)
China Real Estate Information Corporation
China Recycling Energy Corp.
China Shen Zhou Mining & Resources, Inc.
China Southern Airlines Company Ltd.
China Techfaith Wireless Communication Technology Ltd.
China Telecom Corporation Ltd
China TransInfo Technology Corp
China Unicom Ltd
China Valves Technology, Inc.
China XD Plastics Company, Ltd.
China Xiniya Fashion Limited
China Yida Holding, Co.
China Yuchai International Ltd.
China Zenix Auto International Ltd.
ChinaCache International Holdings Ltd. (nasdaqgm:CCIH) ChinaCast Education Corp.
ChinaEdu Corp.
Chindex International Inc
Cninsure, Inc.
CNOOC Ltd.
Cogo Group, Inc.
Concord Medical Services Holding Ltd
Country Style Cooking Restaurant Chain Co., Limited
Ctrip.com
DAQQ New Energy Corp.
Deer Consumer Products, Inc.
E-Commerce China Dangdang Inc.
E-House (China) Holdings Limited
eLong
Focus Media Holding Ltd. (nasdaqnm:FMCN) Fushi International, Inc
General Steel Holdings, Inc.
Giant Interactive Group, Inc.
Global Sources Ltd
Guangshen Railway Co Ltd
Gulf Resources, Inc.
Hanwha SolarOne, Ltd.
HiSoft Technology International Limited (nasdaqgm:HSFT) HLS Systems International, Ltd.
Home Inns & Hotels Management, Inc.
HuaNeng Power International, Inc.
iSoftStone Holdings Limited
JA Solar Holdings
Jiayuan.com International Ltd.
JinkoSolar Holding Co., Ltd
Jinpan International Limited
Kandi Technologies, Corp.
Kingold Jewelry, Inc
KongZhong Corporation
L & L Energy, Inc.
LDK Solar Co. Ltd.
Le Gaga Holdings Ltd (nasdaqgs:GAGA) Lentuo International Inc.
Lihua International, Inc.
Longwei Petroleum Investment Holding Ltd
Mecox Lane Limited (nasdaqgm:MCOX) Mindray Medical International Ltd
Nam Tai Electronics Inc
Netease.com, Inc.
NetQin Mobile Inc
New Oriental Education & Technology Group, Inc.
Noah Education Holdings, Ltd.
Noah Holdings Ltd.
Orient Paper Inc
Origin Agritech Limited
Perfect World Co., Ltd.
PetroChina Co. Ltd.
Phoenix New Media Limited
Qiao Xing Mobile Com
Qiao Xing Universal Telephone
Qihoo 360 Technology Co. Ltd
RDA Microelectronics, Inc. (nasdaqgm:RDA) ReneSola, Ltd.
Renren Inc.
Semiconductor Manufacturing International Corp
Shanda Games Limited
Shanda Interactive Entertainment Ltd
ShangPharma Corporation
Silvercorp Metals Inc.
Simcere Pharmaceutical Group
Sina Corporation
SinoCoking Coal and Coke Chemical Industries, Inc. (nasdaqcm:SCOK) Sinopec Shanghai Petrochemcial Co. Ltd.
Sinovac Biotech, Ltd.
Sky-mobi Limited (nasdaqgm:MOBI) SkyPeople Fruit Juice, Inc.
Sohu.com, Inc.
SORL Auto Parts, Inc.
SouFun Holdings Limited America
Spreadtrum Communications, Inc.
Suntech Power Holdings Co. Ltd.
Synthesis Energy Systems, Inc. (nasdaqgm:SYMX) Synutra International, Inc.
SYSWIN Inc.
TAL Education Group
Taomee Holdings Ltd.
Telestone Technologies Corporation
The9 Limited
Trina Solar Limited
Trunkbow International Holdings, Ltd. (nasdaqgm:TBOW) Tudou Holdings Limited
UTStarcom Inc
VanceInfo Technologies Inc.
Vimicro International Corp. (NASDAQ; VIMC) VisionChina Media Inc.
Winner Medical Group, Inc.
WuXi Pharma Tech (Caymen) Inc.
Xinyuan Real Estate Company Ltd.
Xueda Education Group
Yanzhou Coal Mining Co. Ltd.
Yingli Green Energy Holdings Co. Ltd.
Yongye International, Inc.
Youku.com Inc.
Zhongpin, Inc.
Zuoan Fashion Limited
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.
SOURCE: Halter USX China Index
Halter USX China Index Chelsea Kindred, 972-233-0300