Halter USX China Index Up 10.59% for Third Quarter 2009
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Adds CHINA AUTO LOGISTICS, INC. (NASDAQ: CALI), CHINA INTEGRATED ENERGY, INC. (NASDAQ: CBEH), CHINA GRENTECH CORPORATION LIMITED (NASDAQ: GRRF), CHINA MARINE FOOD GROUP LIMITED (AMEX: CMFO), CHINA MASS MEDIA CORP. (NYSE: CMM), CHINA NATURAL GAS, INC. (NASDAQ: CHNG), CHINA NORTH EAST PETROLEUM HOLDINGS LIMITED (AMEX: NEP), CHINA RITAR POWER CORP. (NASDAQ: CRTP), DEER CONSUMER PRODUCTS, INC. (NASDAQ: DEER), HARBIN ELECTRIC, INC. (NASDAQ: HRBN), MINDRAY MEDICAL INTERNATIONAL LIMITED (NYSE: MR), NIVS INTELLIMEDIA TECHNOLOGY GROUP, INC. (AMEX: NIV), RINO INTERNATIONAL CORPORATION (NASDAQ: RINO), SINOHUB INC. (AMEX: SIHI), TONGXIN INTERNATIONAL LIMITED (NASDAQ: TXIC), UNIVERSAL TRAVEL GROUP (AMEX: UTA), CHANGYOU.COM LIMITED (NASDAQ: CYOU), SKYSTAR BIO PHARMACEUTICAL COMPANY (NASDAQ: SKBI), TELESTONE TECHNOLOGIES CORPORATION (NASDAQ: TSTC), TIANYIN PHARMACEUTICAL CO., INC. (AMEX: TPI), WUHAN GENERAL GROUP, INC. (NASDAQ: WUHN), and CHINA AGRITECH, INC. (NASDAQ: CAGC).
DALLAS--(BUSINESS WIRE)-- For the third quarter of 2009, the Halter USX China Index (NYSE Arca: HXC) was up 10.59%. During the same period, the Dow Jones Industrial Average increased 14.98% and the NASDAQ increased 15.66%.
HXC is also pleased to announce the inclusion of 20 new constituents to its existing index of China-focused, U.S. listed companies including: China Auto Logistics, Inc. (NASDAQ: CALI) an importer, seller, and trader of automobiles; China Integrated Energy, Inc (NASDAQ: CBEH) which engages in the development, exploration, production, and distribution of bio-diesel; China GrenTech Corporation Limited (NASDAQ: GRRF) that is a manufacturer and seller of wireless coverage products and services; China Marine Food Group Limited (AMEX: CMFO) that engages in the processing, distribution, and sale of processed seafood products; China Mass Media Corp. (NYSE: CMM) which operates as an independent television advertising company; China Natural Gas, Inc. (NASDAQ: CHNG) a distributor and seller of natural gas and gasoline to commercial, industrial, and residential customers; China North East Petroleum Holdings Limited (AMEX: NEP) which engages in the exploration and production of crude oil; China Ritar Power Corp. (NASDAQ: CRTP) a designer, developer, manufacturer, and seller of lead-acid batteries; Deer Consumer Products, Inc. (NASDAQ: DEER) which designs, manufactures, and sells home and kitchen electronic appliances; Harbin Electric, Inc. (NASDAQ: HRBN) that engages in the design, development, manufacture, supply, and service of various electric motors; Mindray Medical International Limited (NYSE: MR) which develops, manufactures, and markets medical devices worldwide; NIVS IntelliMedia Technology Group, Inc. (AMEX: NIV) a designer, manufacturer, marketer, and seller of audio and video consumer products; RINO International Corporation (NASDAQ: RINO) that is engaged in the business of environmental protection and remediation; SinoHub Inc. (AMEX: SIHI) which engages in electronic component sales and electronic component supply chain management (SCM) services; Tongxin International Limited (NASDAQ: TXIC) that designs, develops, manufactures, sells, and services engineered vehicle body structures (EVBS) for light, medium, and heavy duty trucks, and light vehicles; Universal Travel Group (AMEX: UTA) a domestic and international airline ticketing service provider, and cargo transportation agency; Changyou.com Limited (NASDAQ: CYOU) which develops and operates online games; Skystar Bio Pharmaceutical Company (NASDAQ: SKBI) that engages in the development, manufacture, and distribution of medicines, vaccines, and other health care and medical care products for poultry, livestock, and domestic pets; Telestone Technologies Corporation (NASDAQ: TSTC) which provides wireless communications coverage solutions; Tianyin Pharmaceutical Company, Inc. (AMEX: TPI) a developer, manufacturer, marketer, and seller of traditional Chinese medicines and other pharmaceuticals; Wuhan General Group, Inc. (NASDAQ: WUHN) which engages in the design, development, manufacture, and sale of industrial blowers for steam-driven electrical power generation plants; and China Agritech, Inc. (NASDAQ: CAGC) which manufactures and sells organic liquid compound fertilizers and related agricultural products.
It was also announced that China INSOnline Corp (NASDAQ: CHIO) was 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 139 public companies currently comprise the Halter USX China Index:
3SBio, Inc. (NASDAQ: SSRX) 51 Job, Inc. (NASDAQ: JOBS) 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) American Dairy, Inc (NYSE: ADY) American Oriental Bioengineering, Inc. (NYSE: AOB) AsiaInfo Holdings, Inc. (NASDAQ: ASIA) ATA, Inc. (NASDAQ: ATAI) Baidu.com, Inc. (NASDAQ: BIDU) BMP Sunstone Corporation (NASDAQ: BJGP) Canadian Solar, Inc. (NASDAQ: CSIQ) CDC Corp (NASDAQ: CHINA) Changyou.com Limited (NASDAQ: CYOU) China Agritech, Inc. (NASDAQ: CAGC) China Architectural Engineering (NASDAQ: CAEI) China Auto Logistics, Inc. (NASDAQ: CALI) China Automotive Systems Inc (NASDAQ: CAAS) China BAK Battery, Inc. (NASDAQ: CBAK) China Digital TV Holdings Co., LTD. (NYSE: STV) China Distance Education Holdings Limited (NYSE: DL) China Eastern Airlines Corporation Ltd. (NYSE: CEA) China Finance Online (NASDAQ: JRJC) China Fire & Security Group (NASDAQ: CFSG) China Green Agriculture, Inc. (NYSE Amex: CGA) China GrenTech Corporation Limited (NASDAQ: GRRF) China Housing and Land Development, Inc. (NASDAQ: CHLN) China Information Security Technology, Inc (NASDAQ: CPBY) China Infrastructure Investment (NASDAQ: CIIC) China Integrated Energy, Inc (NASDAQ: CBEH) China Life Insurance Co Ltd (NYSE: LFC) China Marine Food Group Limited (AMEX: CMFO) China Mass Media Corp. (NYSE: CMM) China Medical Technologies, Inc. (NASDAQ: CMED) 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 North East Petroleum Holdings Limited (AMEX: NEP) China Petroleum and Chemical Corp (Sinopec) (NYSE: SNP) China Precision Steel, Inc. (NASDAQ: CPSL) China Ritar Power Corp. (NASDAQ: CRTP) China Security & Surveillance Technology, Inc. (NYSE: CSR) 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 Yuchai International Ltd. (NYSE: CYD) China-Biotics, Inc.(NASDAQ: CHBT) ChinaCast Education Corp. (NASDAQ: CAST) ChinaEdu Corp. (NASDAQ: CEDU) Chindex International Inc (NASDAQ: CHDX) Cninsure, Inc. (NASDAQ: CISG) CNOOC Ltd. (NYSE: CEO) Cogo Group, Inc. (NASDAQ: COGO) Ctrip.com (NASDAQ: CTRP) Deer Consumer Products, Inc. (NASDAQ: DEER) E-House (China) Holdings Limited (NYSE: EJ) eLong (NASDAQ: LONG) Focus Media Holding Ltd. (NASDAQNM: FMCN) Fuqi International, Inc. (NASDAQ: FUQI) Fushi International, Inc (NASDAQ: FSIN) General Steel Holdings, Inc. (NYSE: GSI) Giant Interactive Group, Inc. (NYSE: GA) Global Sources Ltd (NASDAQ: GSOL) Guangshen Railway Co Ltd (NYSE: GSH) Gushan Environmental Energy Ltd. (NYSE: GU) Harbin Electric, Inc. (NASDAQ: HRBN) HLS Systems International, Ltd. (NASDAQ: HOLI) Home Inns & Hotels Management, Inc. (NASDAQ: HMIN) HQ Sustainable Maritime Industries, Inc. (NYSE Amex: HQS) HuaNeng Power International, Inc. (NYSE: HNP) Hurray! Holding Co., Ltd.(NASDAQ: HRAY) JA Solar Holdings (Nasdaq: JASO) Jinpan International Limited (NASDAQ; JST) KongZhong Corporation (NASDAQ: KONG) LDK Solar Co. Ltd. (NYSE: LDK) Linktone Ltd. (NASDAQ: LTON) Longtop Financial Technologies Limited (NYSE: LFT) Mindray Medical International Ltd (NYSE: MR) Nam Tai Electronics Inc (NYSE: NTE) Netease.com, Inc. (NASDAQ: NTES) New Oriental Education & Technology Group, Inc. (NYSE: EDU) NIVS IntelliMedia Technology Group, Inc. (AMEX: NIV) Noah Education Holdings, Ltd. (NYSE: NED) Origin Agritech Limited (NASDAQ: SEED) Perfect World Co., Ltd. (NASDAQ: PWRD) PetroChina Co. Ltd. (NYSE: PTR) Qiao Xing Mobile Com (NYSE: QXM) Qiao Xing Universal Telephone (NASDAQ: XING) ReneSola, Ltd. (NYSE: SOL) RINO International Corporation (NASDAQ: RINO) Semiconductor Manufacturing International Corp (NYSE: SMI) Shanda Interactive Entertainment Ltd (NASDAQ: SNDA) Shengdatech Inc (NASDAQ: SDTH) Silvercorp Metals Inc. (NYSE Amex: SVM) Simcere Pharmaceutical Group (NYSE: SCR) Sina Corporation (NASDAQ: SINA) SinoHub Inc. (AMEX: SIHI) Sinopec Shanghai Petrochemcial Co. Ltd. (NYSE: SHI) Sinovac Biotech, Ltd. (NYSE Amex: SVA) Skystar Bio Pharmaceutical Company (NASDAQ: SKBI) Sohu.com, Inc. (NASDAQ: SOHU) Solarfun Power Holdings Co., Ltd. (NASDAQ: SOLF) SORL Auto Parts, Inc.(NASDAQ: SORL) Spreadtrum Communications, Inc.(NASDAQ: SPRD) Suntech Power Holdings Co. Ltd. (NYSE: STP) Sutor Technology Group, Ltd. (NASDAQ: SUTR) Synutra International, Inc.(NASDAQ: SYUT) 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) Tongxin International Limited (NASDAQ: TXIC) Trina Solar Limited (NYSE: TSL) Universal Travel Group (AMEX: UTA) UTStarcom Inc (NASDAQ: UTSI) VanceInfo Technologies Inc. (NYSE: VIT) Vimicro International Corp. (NASDAQ; VIMC) VisionChina Media Inc. (NASDAQ: VISN) Wonder Automotive Technology, Inc. (NASDAQ: WATG) WSP Holdings Ltd. (NYSE: WH) Wuhan General Group, Inc. (NASDAQ: WUHN) WuXi Pharma Tech (Caymen) Inc. (NYSE: WX) Xinhua Sports & Entertainment Limited (NASDAQ: XSEL) Xinyuan Real Estate Company Ltd. (NYSE: XIN) Yanzhou Coal Mining Co. Ltd. (NYSE: YZC) Yingli Green Energy Holdings Co. Ltd. (NYSE: YGE) Yucheng Technologies Limited (NASDAQ: YTEC) Zhongpin, Inc. (NASDAQ; HOGS)
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
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