March 31, 2011 at 18:35 PM EDT
Halter USX China Index Up 4.83% for First Quarter 2011

For the first quarter 2011, the Halter USX China Index (NYSE Arca: HXC) was up 4.83%. During the same period the Dow Jones Industrial Average increased by 6.41% while the NASDAQ finished up 4.83%.

HXC is also pleased to announce the inclusion of 22 new constituents to its existing index of China-focused, U.S. listed companies including: China GengSheng Minerals, Inc. (AMEX: CHGS) which develops, manufactures, and sells a range of mineral-based heat-resistant products, including monolithic refractories, industrial ceramics, fracture proppants, and fine precision abrasives; Youku.com Inc. (NYSE: YOKU) that operates as a Chinese Internet video Website; E-Commerce China Dangdang Inc. (NYSE: DANG) which is a leading business-to-consumer, or B2C, e-commerce company; iSoftStone Holdings Limited (NYSE: ISS) provides various information technology (IT) services and solutions; Noah Holdings Ltd. (NYSE: NOAH) engages in the distribution of wealth management product; SinoTech Energy Limited (NasdaqGS: CTE) which provides enhanced oil recovery (EOR) services to oil companies; RDA Microelectronics, Inc. (NasdaqGM: RDA) that designs, develops, and markets radio-frequency and mixed-signal semiconductors for cellular, broadcast, and connectivity applications; Bitauto Holdings Limited (NYSE: BITA) which provides Internet content and marketing services for the automotive industry; Bona Film Group Limited (NasdaqGM: BONA) that distributes films to movie theaters, as well as to non-theatrical distribution channels, including DVD and Blu-ray and other home video products; Keyuan Petrochemicals, Inc. (NasdaqGS: KEYP) manufactures and distributes petrochemical products; SYSWIN Inc. (NYSE: SYSW) which is a primary real estate service provider in China; Sky-mobi Limited (NasdaqGM: MOBI) develops mobile phone software platforms; China Metro-Rural Holdings Limited (AMEX: CNR) that engages in the development and operation of agricultural logistics and trade centers; China Xiniya Fashion Limited (NYSE: XNY) which engages in the design and manufacture of men’s business casual and business formal apparel and accessories; Trunkbow International Holdings, Ltd. (NasdaqGM: TBOW) provides technology platform solutions that enable telecom service providers to deploy mobile value-added service applications for their subscribers in China; BCD Semiconductor Manufacturing (NasdaqGS: BCDS) engages in the design, manufacture, and sale of power management analog integrated circuits (ICs) and other semiconductor devices; Lentuo International Inc. (NYSE: LAS) which operates as an automobile retailer; China Shengda Packaging Group, Inc. (NasdaqGM: CPGI) engages in the design, manufacture, and sale of paper cartons and packaging solutions to consumer and industrial goods manufacturing companies; Synthesis Energy Systems, Inc. (NasdaqGM: SYMX) which focuses on developing and commercializing gasification technology; Ossen Innovation Co., Ltd. (NasdaqGM: OSN) that engages in the design, engineering, manufacture, and sale of plain surface and rare earth galvanized prestressed steel materials; China Botanic Pharmaceutical Inc. (AMEX: CBP) which engages in the development, manufacturing, and distribution of pharmaceutical products; and Fuwei Films (Holdings) Co., Ltd. (NasdaqGM: FFHL) engages in the development, manufacture, and distribution of plastic film using the biaxial oriented stretch technique, known as BOPET film.

It was also announced that Ninetowns Internet Technology Group Company Limited (NASDAQ: NINE), Andatee China Marine Fuel Services Corporation (NasdaqGM: AMCF), Tianli Agritech, Inc. (NasdaqGM: OINK), China Ritar Power Corp. (NASDAQ: CRTP), Subaye, Inc. (NASDAQ: SBAY), and Kingtone Wirelessinfo Solution Holding Ltd. (NasdaqCM: KONE) 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 229 public companies currently comprise the Halter USX China Index:

3SBio, Inc. (NASDAQ:SSRX)

51 Job, Inc. (NASDAQ: JOBS)

7 Days Group Holdings Ltd (NYSE: SVN)

A-Power Energy Generation Systems (NASDAQ: APWR)

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)

Ambow Education Holding Ltd. (NYSE: AMBO)

American Dairy, Inc (NYSE:ADY)

American Lorain Corporation (AMEX: ALN)

American Oriental Bioengineering, Inc. (NYSE: AOB)

Aoxing Pharmaceutical Company Inc (AMEX: AXN)

AsiaInfo Holdings, Inc. (NASDAQ: ASIA)

ATA, Inc. (NASDAQ: ATAI)

AutoChina International, Ltd. (NASDAQ: AUTC)

AutoNavi Holdings Limited (NasdaqGS: AMAP)

Baidu.com, Inc. (NASDAQ: BIDU)

BCD Semiconductor Manufacturing (NasdaqGS: BCDS )

Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM)

Bitauto Holdings Limited (NYSE: BITA )

BMP Sunstone Corporation (NASDAQ: BJGP)

Bona Film Group Limited (NasdaqGM: BONA)

Camelot Information Systems Inc. (NYSE: CIS)

Canadian Solar, Inc. (NASDAQ: CSIQ)

CDC Corp (NASDAQ: CHINA)

Changyou.com Limited (NASDAQ: CYOU)

Charm Communications Inc. (NASDAQ: CHRM)

Chemspec International Limited (NYSE: CPC)

China Advanced Construction Materials Group, Inc. (NASDAQ: CADC)

China Agritech, Inc. (NASDAQ: CAGC)

China Auto Logistics, Inc. (NASDAQ: CALI)

China Automotive Systems Inc (NASDAQ: CAAS)

China BAK Battery, Inc. (NASDAQ: CBAK)

China Biologic Products, Inc. (NASDAQ: CBPO)

China Botanic Pharmaceutical Inc. (AMEX: CBP)

China Ceramics Co., Ltd. (NasdaqCM: CCCL)

China Cord Blood Corp (NYSE: CO)

China Digital TV Holdings Co., LTD. (NYSE: STV)

China Distance Education Holdings Limited (NYSE: DL)

China Eastern Airlines Corporation Ltd. (NYSE: CEA)

China Education Alliance Inc. (NYSE: CEU)

China Electric Motor Inc (NASDAQ: CELM)

China Finance Online (NASDAQ: JRJC)

China Fire & Security Group (NASDAQ: CFSG)

China GengSheng Minerals, Inc. (AMEX: CHGS)

China Gerui Advanced Materials Group Ltd. (NASDAQ: CHOP)

China Green Agriculture, Inc. (NYSE Amex: CGA)

China Grentech Corporation Limited (NasdaqGS: GRRF)

China Housing and Land Development, Inc. (NASDAQ: CHLN)

China Hydroelectric (NYSE: CHC)

China Information Technology, Inc (NASDAQ: CNIT)

China Integrated Energy, Inc (NASDAQ: CBEH)

China Jo-Jo Drugstores, Inc (NASDAQ: CJJD)

China Kanghui Holdings (NYSE: KH)

China Life Insurance Co Ltd (NYSE: LFC)

China Lodging Group, Limited (NASDAQ: HTHT)

China Marine Food Group Limited (AMEX: CMFO)

China Mass Media Corp (NYSE: CMM)

China MediaExpress Holdings, Inc. (AMEX: CCME)

China Medical Technologies, Inc. (NASDAQ: CMED)

China Metro-Rural Holdings Limited (AMEX: CNR)

China Ming Yang Wind Power Group (NYSE: MY)

China Mobile Hong Kong Ltd. (NYSE: CHL)

China Natural Gas, Inc. (NASDAQ: CHNG)

China Natural Resources, Inc. (NASDAQ: CHNR)

China Nepstar Chain Drugstore Ltd. (NYSE:NPD)

China New Borun Corp (NYSE: BORN)

China North East Petroleum Holdings Limited (AMEX: NEP)

China Nuokang Bio Pharmaceutical Inc (NASDAQ: NKBP)

China Nutrifruit Group Limited (AMEX: CNGL)

China Petroleum and Chemical Corp (Sinopec) (NYSE: SNP)

China Pharma Holdings, Inc. (AMEX: CPHI)

China Precision Steel, Inc. (NASDAQ: CPSL)

China Real Estate Information Corporation (NASDAQ: CRIC)

China Recycling Energy Corp. (NASDAQ: CREG)

China Security & Surveillance Technology, Inc. (NYSE: CSR)

China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ)

China Shengda Packaging Group, Inc. (NasdaqGM: CPGI)

China Sky One Medical, Inc. (NASDAQ: CSKI)

China Southern Airlines Company Ltd. (NYSE: ZNH)

China Sunergy Co. Ltd. (NASDAQ: CSUN)

China Techfaith Wireless Communication Technology Ltd. (NASDAQ: CNTF)

China Telecom Corporation Ltd (NYSE: CHA)

China TransInfo Technology Corp (NASDAQ: CTFO)

China Unicom Ltd (NYSE: CHU)

China Valves Technology, Inc. (NASDAQ: CVVT)

China Wind Systems Inc (NASDAQ: CWS)

China XD Plastics Company, Ltd. (NASDAQ: CXDC)

China Xiniya Fashion Limited (NYSE: XNY)

China Yida Holding, Co. (NASDAQ: CNYD)

China Yuchai International Ltd. (NYSE: CYD)

China-Biotics, Inc. (NASDAQ: CHBT)

ChinaCache International Holdings Ltd. (NasdaqGM: CCIH)

ChinaCast Education Corp. (NASDAQ: CAST)

ChinaEdu Corp. (NASDAQ: CEDU)

ChinaNet Online Holdings Inc (AMEX: CNET)

Chindex International Inc (NASDAQ:CHDX)

Cninsure, Inc. (NASDAQ:CISG)

CNOOC Ltd. (NYSE: CEO)

Cogo Group, Inc. (NASDAQ: COGO)

Concord Medical Services Holding Ltd (NYSE: CCM)

Country Style Cooking Restaurant Chain Co., Limited (NYSE: CCSC)

Ctrip.com (NASDAQ: CTRP)

DAQQ New Energy Corp. (NYSE: DQ)

Deer Consumer Products, Inc. (NASDAQ: DEER)

Duoyuan Global Water Inc. (NYSE: DGW)

Duoyuan Printing, Inc (NYSE: DYP)

E-Commerce China Dangdang Inc. (NYSE: DANG)

E-House (China) Holdings Limited (NYSE: EJ)

eLong (NASDAQ: LONG)

Focus Media Holding Ltd. (NASDAQNM: FMCN)

Funtalk China Holdings Limited (NASDAQ: FTLK)

Fushi International, Inc (NASDAQ:FSIN)

Fuwei Films (Holdings) Co., Ltd. (NasdaqGM: FFHL)

General Steel Holdings, Inc. (NYSE: GSI)

Giant Interactive Group, Inc. (NYSE:GA)

Global Education & Technology Group Limited (NasdaqGS: GEDU)

Global Sources Ltd (NASDAQ:GSOL)

Guangshen Railway Co Ltd (NYSE: GSH)

Guanwei Recycling Corp (NASDAQ: GPRC)

Gulf Resources, Inc. (NASDAQ: GFRE)

Gushan Environmental Energy Ltd. (NYSE: GU)

Harbin Electric, Inc. (NASDAQ: HRBN)

HiSoft Technology International Limited (NasdaqGM: HSFT)

HLS Systems International, Ltd. (NASDAQ: HOLI)

Home Inns & Hotels Management, Inc. (NASDAQ: HMIN)

HQ Sustainable Maritime Industries, Inc. (AMEX: HQS)

HuaNeng Power International, Inc. (NYSE: HNP)

IFM Investments Limited (NYSE: CTC)

iSoftStone Holdings Limited (NYSE: ISS)

JA Solar Holdings (Nasdaq: JASO)

Jiangbo Pharmaceuticals, Inc. (NASDAQ: JGBO)

Jingwei International Limited (NASDAQ: JNGW)

JinkoSolar Holding Co., Ltd (NYSE: JKS)

Jinpan International Limited (NASDAQ: JST)

Kandi Technologies, Corp. (NASDAQ: KNDI)

Keyuan Petrochemicals, Inc. (NasdaqGS: KEYP)

Kingold Jewelry, Inc (NASDAQ: KGJI)

KongZhong Corporation (NASDAQ: KONG)

Ku6 Media Co., Ltd. (NASDAQ: KUTV)

L & L Energy, Inc. (NASDAQ: LLEN)

LDK Solar Co. Ltd. (NYSE: LDK)

Lentuo International Inc. (NYSE: LAS)

Lihua International, Inc. (NASDAQ: LIWA)

Linktone Ltd. (NASDAQ: LTON)

Longtop Financial Technologies Limited (NYSE: LFT)

Longwei Petroleum Investment Holding Ltd (AMEX: LPH)

Mecox Lane Limited (NasdaqGM: MCOX)

Mindray Medical International Ltd (NYSE:MR)

Nam Tai Electronics Inc (NYSE: NTE)

Netease.com, Inc. (NASDAQ: NTES)

New Energy Systems Group (AMEX: NEWN)

New Oriental Education & Technology Group, Inc. (NYSE:EDU)

NIVS IntelliMedia Technology Group, Inc. (AMEX: NIV)

Noah Education Holdings, Ltd. (NYSE: NED)

Noah Holdings Ltd. (NYSE: NOAH)

Orient Paper Inc (AMEX: ONP)

Origin Agritech Limited (NASDAQ: SEED)

Ossen Innovation Co., Ltd. (NasdaqGM: OSN)

Perfect World Co., Ltd. (NASDAQ: PWRD)

PetroChina Co. Ltd. (NYSE: PTR)

Puda Coal, Inc. (AMEX: PUDA)

Qiao Xing Mobile Com (NYSE:QXM)

Qiao Xing Universal Telephone (NASDAQ: XING)

QKL Stores Inc (NASDAQ: QKLS)

RDA Microelectronics, Inc. (NasdaqGM: RDA)

ReneSola, Ltd. (NYSE: SOL)

Semiconductor Manufacturing International Corp (NYSE: SMI)

Shanda Games Limited (NASDAQ: GAME)

Shanda Interactive Entertainment Ltd (NASDAQ: SNDA)

ShangPharma Corporation (NYSE: SHP)

Shengdatech Inc (NASDAQ:SDTH)

Shengkai Innovations, Inc. (NASDAQ: VALV)

Silvercorp Metals Inc. (NYSE Amex: SVM)

Simcere Pharmaceutical Group (NYSE: SCR)

Sina Corporation (NASDAQ: SINA)

Sino Clean Energy Inc. (NASDAQ: SCEI)

SinoCoking Coal and Coke Chemical Industries, Inc. (NasdaqCM: SCOK)

SinoHub Inc. (AMEX: SIHI)

Sinopec Shanghai Petrochemcial Co. Ltd. (NYSE: SHI)

SinoTech Energy Limited (NasdaqGS: CTE)

Sinovac Biotech, Ltd. (NYSE Amex: SVA)

Sky-mobi Limited (NasdaqGM: MOBI)

SkyPeople Fruit Juice, Inc. (NASDAQ: SPU)

Skystar Bio-Pharmaceutical Company (NasdaqCM: SKBI)

SmartHeat Inc. (NASDAQ: HEAT)

Sohu.com, Inc. (NASDAQ: SOHU)

Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF)

SORL Auto Parts, Inc. (NASDAQ: SORL)

SouFun Holdings Limited America (NYSE: SFUN)

Spreadtrum Communications, Inc. (NASDAQ: SPRD)

Suntech Power Holdings Co. Ltd. (NYSE: STP)

Sutor Technology Group, Ltd. (NASDAQ: SUTR)

Synthesis Energy Systems, Inc. (NasdaqGM: SYMX)

Synutra International, Inc. (NASDAQ: SYUT)

SYSWIN Inc. (NYSE: SYSW)

TAL Education Group (NYSE: XRS)

Telestone Technologies Corporation (NASDAQ: TSTC)

The9 Limited (NASDAQ: NCTY)

Tianyin Pharmaceutical Company, Inc. (AMEX: TPI)

Tiens Biotech Group (NYSE Amex: TBV)

Tongjitang Chinese Medicines (NYSE:TCM)

Tri-Tech Holding, Inc. (NASDAQ: TRIT)

Trina Solar Limited (NYSE:TSL)

Trunkbow International Holdings, Ltd. (NasdaqGM: TBOW)

Universal Travel Group (AMEX: UTA)

UTStarcom Inc (NASDAQ: UTSI)

VanceInfo Technologies Inc. (NYSE: VIT)

Vimicro International Corp. (NASDAQ; VIMC)

VisionChina Media Inc. (NASDAQ:VISN)

Winner Medical Group, Inc. (AMEX: WWIN)

Wonder Automotive Technology, Inc. (NASDAQ:WATG)

WSP Holdings Ltd. (NYSE:WH)

WuXi Pharma Tech (Caymen) Inc. (NYSE: WX)

Xinyuan Real Estate Company Ltd. (NYSE:XIN)

Xueda Education Group (NYSE: XUE)

Yanzhou Coal Mining Co. Ltd. (NYSE: YZC)

Yingli Green Energy Holdings Co. Ltd. (NYSE:YGE)

Yongye International, Inc. (NASDAQ: YONG)

Youku.com Inc. (NYSE: YOKU)

Yucheng Technologies Limited (NASDAQ:YTEC)

Yuhe International, Inc. (NASDAQ: YUII)

Zhongpin, Inc. (NASDAQ: HOGS)

Zoom Technologies, Inc. (NasdaqCM: ZOOM)

ZST Digital Networks, Inc. (NASDAQ: ZSTN)

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.

Contacts:

Halter USX China Index
Chelsea Kindred, 972-233-0300
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