30.09.2010 23:28:00

Halter USX China Index Up 16.64% for Third Quarter 2010

For the third quarter 2010, the Halter USX China Index (NYSE Arca: HXC) was up 16.64%. During the same period the Dow Jones Industrial Average increased by 10.37% while the NASDAQ finished up 12.30%.

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 Mass Media Corp (NYSE: CMM) operates as an independent television advertising company; JinkoSolar Holding Co., Ltd (NYSE: JKS) which manufactures and markets mono-crystalline and multi-crystalline silicon wafers; Camelot Information Systems Inc. (NYSE: CIS) that provides enterprise application services and financial industry information technology (IT) services; China Lodging Group, Limited (NASDAQ: HTHT) operates a chain of hotels in the People’s Republic of China; Funtalk China Holdings Limited (NASDAQ: FTLK) which operates as a retailer and distributor of mobile phones, notebooks, and other peripherals; Kingold Jewelry, Inc (NASDAQ: KGJI) that produces and sells 24 Karat gold jewelry and ornaments; Duoyuan Global Water Inc. (NYSE: DGW) which engages in the manufacture and sale of water treatment equipment; China Gerui Advanced Materials Group Ltd. (NASDAQ: CHOP) engages in the manufacture and sale of cold-rolled narrow strip steel products; L & L Energy, Inc. (NASDAQ: LLEN) which engages in coal mining, clean coal washing, and coal consolidation, coking, and wholesaling; China New Borun Corp (NYSE: BORN) that produces and distributes corn-based edible alcohol; SmartHeat Inc. (NASDAQ: HEAT) designs, manufactures, sells, and services plate heat exchangers (PHE) and related systems used in the industrial, residential, and commercial markets; Longwei Petroleum Investment Holding Ltd (AMEX: LPH) which engages in transporting, marketing, and selling finished petroleum products; QKL Stores Inc (NASDAQ: QKLS) that operates supermarkets in the Peoples Republic of China; Aoxing Pharmaceutical Company Inc (AMEX: AXN) engages in the research, development, manufacture, and distribution of various narcotics, neurological disorders, and pain-management products; China Electric Motor Inc (NASDAQ: CELM) which engages in the design, manufacture, sale, and marketing of micro-motors and micro-motor components; China Nuokang Bio Pharmaceutical Inc (NASDAQ: NKBP) a biopharmaceutical company that focuses on the research, development, manufacture, marketing, and sale of hospital-based medical products; Tri-Tech Holding, Inc. (NASDAQ: TRIT) develops and implements integrated software and hardware solutions to assist Chinese government entities monitor and manage natural and municipal water supplies; Subaye, Inc. (NASDAQ: SBAY) that provides video advertising and entertainment media services to small and medium sized enterprises; Jingwei International Limited (NASDAQ: JNGW) which provides software and data mining services; Guanwei Recycling Corp (NASDAQ: GPRC) engages in the manufacture and distribution of low density polyethylene (LDPE); China Jo-Jo Drugstores, Inc (NASDAQ: CJJD) that owns and operates a retail pharmacy chain; and New Energy Systems Group (AMEX: NEWN) which engages in the manufacture and distribution of lithium ion batteries and components.

It was also announced that HQ Sustainable Maritime Industries, Inc. (NYSE Amex: HQS), China Architectural Engineering (NASDAQ: CAEI), and Skystar Bio Pharmaceutical Company (NASDAQ: SKBI) 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 192 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)

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 Lorain Corporation (AMEX: ALN)

American Oriental Bioengineering, Inc. (NYSE: AOB)

Aoxing Pharmaceutical Company Inc (AMEX: AXN)

A-Power Energy Generation Systems (NASDAQ: APWR)

AsiaInfo Holdings, Inc. (NASDAQ: ASIA)

ATA, Inc. (NASDAQ: ATAI)

AutoChina International, Ltd. (NASDAQ: AUTC)

Baidu.com, Inc. (NASDAQ: BIDU)

Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM)

BMP Sunstone Corporation (NASDAQ: BJGP)

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)

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 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 Gerui Advanced Materials Group Ltd. (NASDAQ: CHOP)

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

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

China Hydroelectric (NYSE: CHC)

China Information Technology, Inc (NASDAQ: CNIT)

China Infrastructure Investment (NASDAQ: CIIC)

China Integrated Energy, Inc (NASDAQ: CBEH)

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

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 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 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 Valves Technology, Inc. (NASDAQ: CVVT)

China Wind Systems Inc (NASDAQ: CWS)

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

China Yida Holding, Co. (NASDAQ: CNYD)

China Yuchai International Ltd. (NYSE: CYD)

China-Biotics, Inc. (NASDAQ: CHBT)

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)

Ctrip.com (NASDAQ: CTRP)

Deer Consumer Products, Inc. (NASDAQ: DEER)

Duoyuan Global Water Inc. (NYSE: DGW)

Duoyuan Printing, Inc (NYSE: DYP)

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

eLong (NASDAQ: LONG)

Focus Media Holding Ltd. (NASDAQNM: FMCN)

Funtalk China Holdings Limited (NASDAQ: FTLK)

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)

Guanwei Recycling Corp (NASDAQ: GPRC)

Gulf Resources, Inc. (NASDAQ: GFRE)

Gushan Environmental Energy Ltd. (NYSE: GU)

Harbin Electric, Inc. (NASDAQ: HRBN)

HLS Systems International, Ltd. (NASDAQ: HOLI)

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

Hong Kong Highpower Technology, Inc. (NASDAQ: HPJ)

HuaNeng Power International, Inc. (NYSE: HNP)

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)

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)

Lihua International, Inc. (NASDAQ: LIWA)

Linktone Ltd. (NASDAQ: LTON)

Longtop Financial Technologies Limited (NYSE: LFT)

Longwei Petroleum Investment Holding Ltd (AMEX: LPH)

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)

Ninetowns Internet Technology Group Company Limited (NASDAQ: NINE)

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

Noah Education Holdings, Ltd. (NYSE: NED)

Orient Paper Inc (AMEX: ONP)

Origin Agritech Limited (NASDAQ: SEED)

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)

ReneSola, Ltd. (NYSE: SOL)

RINO International Corporation (NASDAQ: RINO)

Semiconductor Manufacturing International Corp (NYSE: SMI)

Shanda Games Limited (NASDAQ: GAME)

Shanda Interactive Entertainment Ltd (NASDAQ: SNDA)

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)

SinoHub Inc. (AMEX: SIHI)

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

Sinovac Biotech, Ltd. (NYSE Amex: SVA)

SkyPeople Fruit Juice, Inc. (NASDAQ: SPU)

SmartHeat Inc. (NASDAQ: HEAT)

Sohu.com, Inc. (NASDAQ: SOHU)

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

SORL Auto Parts, Inc.(NASDAQ: SORL)

Spreadtrum Communications, Inc.(NASDAQ: SPRD)

Subaye, Inc. (NASDAQ: SBAY)

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)

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

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)

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

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

Yongye International, Inc. (NASDAQ: YONG)

Yucheng Technologies Limited (NASDAQ:YTEC)

Yuhe International, Inc. (NASDAQ: YUII)

Zhongpin, Inc. (NASDAQ: HOGS)

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.

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