Halter USX China Index Announces 2011 Year End and 4Q Results and Adds New Constituents
For the fourth quarter and for the year 2011, the Halter USX China Index (AMEX:^HXC) 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 (NASDAQ: GRRF) engages in the manufacture and sale of wireless coverage products and services for telecommunications operators; Tudou Holdings Limited (NASDAQ: TUDO) that is an online video company; and Zuoan Fashion Limited (NYSE: ZA) which engages in the manufacture, distribution, and retailing of men's apparel.
It was also announced that China Natural Gas, Inc. (NASDAQ: CHNG), WSP Holdings Ltd. (NYSE:WH), American Lorain Corporation (AMEX: ALN), Yucheng Technologies Limited (NASDAQ:YTEC), China Information Technology, Inc (NASDAQ: CNIT), China Finance Online (NASDAQ: JRJC), Ku6 Media Co., Ltd. (NASDAQ: KUTV), China Pharma Holdings, Inc. (AMEX: CPHI), China Marine Food Group Limited (AMEX: CMFO), China Nutrifruit Group Limited (AMEX: CNGL), AgFeed Industries, Inc. (NASDAQ: FEED), China Sunergy Co. Ltd. (NASDAQ: CSUND), and IFM Investments Limited (NYSE: 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 www.usxchinaindex.com. The following 163 public companies currently comprise the Halter USX China Index:
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.
Chelsea Kindred, 972-233-0300
3SBio, Inc. 51job, Inc. 7 Days Group Holdings Ltd ACORN INTERNATIONAL, Inc. AGRIA CORPORATION ALUM CORP OF CHINA LIMITED AMBOW EDUCATION AMERICAN LORAIN CORPORATION COMMON STOCK ATA, Inc. Actions Semiconductor Co., Ltd. AirMedia Group, Inc. AsiaInfo-Linkage, Inc. BITAUTO HOLDINGS LIMITED Baidu.com SP ADR CAMELOT INFORMATION SYSTEMS, Inc. CHARM UNSP ADR-A CHINA BIOLOGIC PRODUCTS, Inc. CHINA CORD BLOOD CORP CHINA DIGITAL TV HOLDING CO. CHINA DISTANCE EDUCATION HOLDINGS LIMITED CHINA EASTERN AIRLINES CHINA GERUI CHINA HYDROELECTRIC CORP. CHINA LIFE INSURANCE COMPANY LTD. CHINA LODGE SP ADR CHINA METRO-RURAL HOLDINGS LIMITED CHINA MING YANG WIND POWER GROUP LIMITED CHINA MOBILE LIMITED CHINA NEPSTAR CHAIN DRUGSTORE LTD CHINA NEW BORUN CORPORATION CHINA NUOKANG SPADR CHINA PETROLEUM & CHEMICAL CORPORATION ADS CHINA PHARMA HOLDINGS, Inc. CHINA SOUTHERN AIRLINES COMPANY LIMITED CHINA SUNRG SP ADR CHINA TELECOM CORPORATION, LTD CHINA UNICOM CHINA XINIYA FASHION LIMITED CHINA YUCHAI INT'L LTD. CHINA ZENIX AUTO INTERNATIONAL LIMITED CNGYOU.COM SPADR-A CNOOC LIMITED CNinsure, Inc. COGO GROUP CONCORD MEDICAL SERVICES HOLDING LIMITED COUNTRY STYLE COOKING RESTAURANT CHAIN CO., LTD Canadian Solar, Inc. China Automotive Systems, Inc. China Finance Online Co., Ltd. China Marine Food Group Limited China Natural Resources, Inc. China Recycling Energy Corporation China Shen Zhou Mining & Res China TechFaith Wireless Communication Technology Ltd China XD Plastics Company Limited ChinaEdu Corporation Chindex International, Inc. Ctrip.com International, Ltd. E-COMMERCE CHINA DANGDANG, Inc. E-HOUSE Feihe International Focus Media Holding Limited GENERAL STEEL HOLDINGS, Inc. GUANGSHEN RAILWAY CO. LTD GULF RES Giant Interactive Group, Inc. Global Sources Ltd HANWHA SP ADR HOLLYSYS AUTOM HUANENG POWER INTL, Inc. Home Inns & Hotels Management, Inc. ISOFTSTONE HOLDINGS LTD. JIAYUAN SPON ADR JINKOSOLAR HOLDINGS CO Jinpan International LTD KANDI TECHNOLOGIES, CORP. KINGOLD JEWELRY KU6 MEDIA SP ADR KongZhong Corporation L & L ENERGY LDK SOLAR CO., LTD LENTUO INTERNATIONAL, Inc. LIHUA INTL Longwei Petroleum Investment Holding Ltd MINDRAY MEDICAL INTERNATIONAL LIMITED AMERICAN DEPOSITARY SHARES NAM TAI ELECTRONICS, Inc. NEW ORIENTAL EDUCATION AND TECHNOLOGY GROUP, Inc. NOAH EDUCATION HOLDINGS LTD NOAH HOLDINGS LIMITED NQ MOBILE, Inc. Netease.com ORIENT PAPER, Inc. Origin Agritech Limited PHOENIX NEW MEDIA LIMITED Perfect World Co.,Ltd. PetroChina QIHOO 360 TECHNOLOGY CO. LTD. RENESOLA LTD RENREN, Inc. SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION SHANDA SP ADR-A SINOPEC SHANGHAI PETROCHEMICAL CO., LTD. SKYPEOPLE FRUIT SORL Auto Parts, Inc. SOUFUN HOLDINGS LIMITED SPREADTRUM COMMUNICATIONS,INC. AMERICAN DEPOSITORY SHARES ShangPharma Corp. ADS Simcere Pharmaceutical Group Sina Corp Sohu.com, Inc. Suntech Power Holdings Co. ADS Synutra International, Inc. Syswin, Inc. TAL EDUCATION GROUP TAOMEE HOLDINGS LIMITED TRINA SOLAR LIMITED Telestone Technologies Corporation The9 Limited UTS HOLDINGS CORP WUXI PHARMATECH XINYUAN REAL ESTATE CO. LTD XUEDA EDUCATION GROUP YANZHOU COAL MINING COMPANY LIMITED YINGLI GREEN ENERGY HOLDING COMPANY LIMITED YONGYE INTL YOUKU TUDOU, Inc. ZUOAN FASHION LIMITED Zhongpin, Inc. eLong, Inc.
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