Halter USX China Index Announces Third Quarter 2011 Results and Adds New Constituents
For the third quarter 2011, the Halter USX China Index (NYSE Arca: HXC) was down 26.61%. During the same period the Dow Jones Industrial Average decreased by 12.09% while the NASDAQ finished down 12.91%.
HXC is also pleased to announce the inclusion of 4 new constituents to its existing index of China-focused, U.S. listed companies including: Phoenix New Media Limited (NYSE: FENG) provides content on an integrated platform across Internet, mobile, and TV channels; Jiayuan.com International Ltd. (NASDAQ: DATE) operates an online dating platform; Taomee Holdings Ltd. (NYSE: TAOM) is a children’s entertainment and media company; and China Zenix Auto International Ltd. (NYSE: ZX) engages in the research, development, production, and sale of commercial vehicle wheels.
It was also announced that China Grentech Corporation Limited (NasdaqGS: GRRF), China Housing and Land Development, Inc. (NASDAQ: CHLN), Sutor Technology Group, Ltd. (NASDAQ: SUTR), Gushan Environmental Energy Ltd. (NYSE: GU), CDC Corp (NASDAQ: CHINA), QKL Stores Inc (NASDAQ: QKLS), Ossen Innovation Co., Ltd. (NasdaqGM: OSN), China Precision Steel, Inc. (NASDAQ: CPSL), China Shengda Packaging Group, Inc. (NasdaqGM: CPGI), Tianyin Pharmaceutical Company, Inc. (AMEX: TPI), Tri-Tech Holding, Inc. (NASDAQ: TRIT), Aoxing Pharmaceutical Company Inc (AMEX: AXN), SmartHeat Inc. (NASDAQ: HEAT), China GengSheng Minerals, Inc. (AMEX: CHGS), Sino Clean Energy Inc. (NASDAQ: SCEI), SinoTech Energy Limited (NasdaqGS: CTE), Universal Travel Group (AMEX: UTA), Duoyuan Global Water Inc. (NYSE: DGW), Keyuan Petrochemicals, Inc. (NasdaqGS: KEYP), and Shengkai Innovations, Inc. (NASDAQ: VALV) 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 178 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 ATA, Inc. Acorn International Inc. ADS Actions Semiconductor Co., Ltd. Agria AirMedia Group, Inc. Aluminum Corporation of China ADS Ambow Education American Lorain Corp Aoxing Pharmaceutical Co., Inc. AsiaInfo-Linkage, Inc. Baidu.com SP ADR Bitauto Holdings CHARM UNSP ADR-A CHINA BIOLOGIC PRODUCTS, Inc. CHINA GERUI CHINA LODGE SP ADR CHINA NUOKANG SPADR CNGYOU.COM SPADR-A CNOOC Ltd. ADS CNinsure, Inc. COGO GROUP Camelot Information Systems Canadian Solar, Inc. China Automotive Systems, Inc. China Cord Blood Corp. China Digital TV Holding Co. Ltd. ADS China Distance Education Holdings Ltd. ADS China Eastern Airlines Corp. Ltd. ADS China Finance Online Co., Ltd. China GengSheng Minerals, Inc. China Housing & Land Development, Inc. China Hydroelectric China Life Insurance Co. Ltd. ADS China Marine Food Group Limited China Metro-Rural Holdings Ltd China Ming Yang Wind Power Group China Mobile ADS China Natural Resources, Inc. China Nepstar Chain Drugstore Ltd. ADS China New Borun Corp. ADS China Petroleum & Chemical Corp. ADS China Pharma Holdings China Recycling Energy Corporation China Shen Zhou Mining & Res China Southern Airlines Co. Ltd. ADS China TechFaith Wireless Communication Technology Ltd China Telecom Corp. Ltd. ADS China Unicom China XD Plastics Company Limited China Xiniya Fashion ADS China Yuchai International Ltd. China Zenix Auto International ADS ChinaEdu Corporation Chindex International, Inc. Concord Medical Services Holding Country Style Cooking Restaurant Chain Ctrip.com International, Ltd. E-Commerce China Dangdang E-House Feihe International Focus Media Holding Limited GULF RES General Steel Holdings, Inc. Giant Interactive Group, Inc. Global Sources Ltd Guangshen Railway Co. Ltd. ADS HANWHA SP ADR HOLLYSYS AUTOM Home Inns & Hotels Management, Inc. Huaneng Power International ADS JIAYUAN SPON ADR JinkoSolar Holding Co ADS Jinpan International LTD KANDI TECHNOLOGIES, CORP. KINGOLD JEWELRY KU6 MEDIA SP ADR KongZhong Corporation L & L ENERGY LDK Solar LIHUA INTL Lentuo International Longwei Petroleum Investment Holding Ltd Mindray Medical International NQ Mobile Nam Tai Electronics, Inc. Netease.com New Oriental Education & Technology Group Noah Education Holdings Ltd. ADS Noah Holdings Orient Paper, Inc. Origin Agritech Limited Perfect World Co.,Ltd. PetroChina Phoenix New Media Qihoo 360 Technology ReneSola Ltd. ADS Renren SHANDA SP ADR-A SKYPEOPLE FRUIT SORL Auto Parts, Inc. SPREADTRUM COMMUNICATIONS,INC. AMERICAN DEPOSITORY SHARES Semiconductor Manufacturing International Corp. ADS ShangPharma Corp. ADS Simcere Pharmaceutical Group Sina Corp Sinopec Shanghai Petrochemical Co. Ltd. ADS Sohu.com, Inc. SouFun Holdings Suntech Power Holdings Co. ADS Sutor Technology Group Limited Synutra International, Inc. Syswin, Inc. TAL Education Group TRI-TECH HLDG Taomee Holdings Ltd. ADS Telestone Technologies Corporation The9 Limited Tianyin Pharmaceutical Trina Solar Ltd. UTS HOLDINGS CORP Vimicro International Corporation Wuxi Pharmatech Xinyuan Real Estate Co. Ltd. ADS Xueda Education Group YONGYE INTL Yanzhou Coal Mining Co. Ltd. ADS Yingli Green Energy Holding Co. Ltd. ADS Youku Tudou Zhongpin, Inc. eLong, Inc. iSoftStone Holdings
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