September 29, 2007 at 01:43 AM EDT
Halter USX China Index Up 29.4% for Third Quarter 2007
Adds Wonder Auto Technology, Inc. (NASDAQ: WATG), 3SBio, Inc. (NASDAQ:SSRX), Yucheng Technologies Limited (NASDAQ:YTEC), Simcere Pharmaceutical Group (NYSE: SCR), Acorn International, Inc. (NYSE:ATV), Man Sang Holdings, Inc. (AMEX:MHJ), Xinhua Finance Media Limited (NASDAQ:XFML), Fushi International, Inc (NASDAQ:FSIN)

For the third quarter of 2007, the Halter USX China Index (Amex: ^HXC) was up 29.41%. During the same period, the Dow Jones Industrial Average increased 3.63% and the Nasdaq was up 3.77%.

HXC is also pleased to announce the inclusion of eight new constituents to its existing index of China-focused, U.S. listed companies including: Wonder Automotive Technology, Inc. (NASDAQ:WATG) which designs, develops, manufactures and sells automotive electrical parts and suspension products; 3SBio, Inc. (NASDAQ:SSRX) that is a biotechnology company, focused on the research, development, manufacturing, and marketing of biopharmaceutical products for nephrology, oncology, supportive cancer care, inflammation, and infectious diseases; Yucheng Technologies Limited (NASDAQ:YTEC) which provides intellectual technology solutions and services to the banking industry in China; Simcere Pharmaceutical Group (NYSE: SCR) that engages in the manufacturing and supply of pharmaceuticals; Acorn International, Inc. (NYSE:ATV) an integrated multi-platform marketing company focused on a TV direct sales platform and nationwide distribution throughout China; Man Sang Holdings, Inc. (AMEX:MHJ) which purchases, processes, assembles, merchandises, and distributes pearls and other jewelry products; Xinhua Finance Media Limited (NASDAQ:XFML) a diversified financial and entertainment media company, targeting high net worth individuals in China; and Fushi International, Inc (NASDAQ:FSIN) that manufactures and sells bimetallic composite wire products, principally copper clad aluminum wires and copper clad steel wires.

It was also announced that Telestone Technologies Corp (NASDAQ:TSTC) 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 Amex, 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, Amex or NASDAQ and be approved by USX Selection Committee. Investors can gain exposure to the Index by either investing in an exchange traded fund (ETF), the PowerShares Golden Dragon Halter USX China Portfolio (AMEX:PGJ) or by purchasing an actively managed mutual fund, the Halter Pope USX China Fund (Symbol: HPCHX). For more information please visit www.usxchinaindex.com. The following 78 public companies currently comprise the Halter USX China Index:

3SBio, Inc. (NASDAQ:SSRX)
51 Job, Inc. (NASDAQ: JOBS)
Acorn International, Inc. (NYSE:ATV)
Actions Semiconductor Co (NASDAQ: ACTS)
Aluminum Corp. of China Ltd. (NYSE: ACH)
American Dairy, Inc (NYSE:ADY)
ASAT Holdings Ltd. (NASDAQ: ASTT)
AsiaInfo Holdings, Inc. (NASDAQ: ASIA)
Baidu.com, Inc. (NASDAQ: BIDU)
Brilliance China Automotive Holdings Ltd. (NYSE: CBA)
Canadian Solar, Inc. (NASDAQ: CSIQ)
China Automotive Systems Inc (NASDAQ: CAAS)
China BAK Battery, Inc. (NASDAQ: CBAK)
China Eastern Airlines Corporation Ltd. (NYSE: CEA)
China Finance Online (NASDAQ: JRJC)
China Medical Technologies, Inc. (NASDAQ: CMED)
China Mobile Hong Kong Ltd. (NYSE: CHL)
China National Offshore Oil Corp. (NYSE: CEO)
China Netcom Group Corporation (NYSE:CN)
China Petroleum and Chemical Corp (Sinopec) (NYSE: SNP)
China Southern Airlines Company Ltd. (NYSE: ZNH)
China Techfaith Wireless Communication Technology Limited (NASDAQ: CNTF)
China Telecom Corporation Ltd (NYSE: CHA)
China Unicom Ltd (NYSE: CHU)
China Yuchai International Ltd. (NYSE: CYD)
Chinadotcom Corporation (NASDAQ: CHINA)
China Life Insurance Co Ltd (NYSE: LFC)
Chindex International Inc (NASDAQ:CHDX)
Comtech Group, Inc. (NASDAQ: COGO)
Ctrip.com (NASDAQ: CTRP)
Deswell Industries Inc (NASDAQ: DSWL)
eLong (NASDAQ: LONG)
Focus Media Holding Ltd. (NASDAQNM: FMCN)
Fushi International, Inc (NASDAQ:FSIN)
Fuwei Films (Holdings) Co., Ltd. (NASDAQ: FFHL)
Global Sources Ltd (NASDAQ:GSOL)
Guangshen Railway Co Ltd (NYSE: GSH)
Home Inns & Hotels Management, Inc. (NASDAQ: HMIN)
HuaNeng Power International, Inc. (NYSE: HNP)
Hurray! Holding Co., Ltd. (NASDAQ: HRAY)
INTAC International (NASDAQ: INTN)
JA Solar Holdings (Nasdaq:JASO)
KongZhong Corporation (NASDAQ: KONG)
Linktone Ltd (NASDAQ: LTON)
Man Sang Holdings, Inc. (AMEX:MHJ)
Medical International Limited (NYSE:MR)
Nam Tai Electronics Inc (NYSE: NTE)
Netease.com, Inc. (NASDAQ: NTES)
New Dragon Asia Corp. (AMEX: NWD)
New Oriental Education & Technology Group, Inc. (NYSE:EDU)
Ninetowns Digital World Trade Holdings Ltd (NASDAQ: NINE)
Origin Agritech Limited (NASDAQ: SEED)
Pacificnet Inc. (NASDAQ: PACT)
PetroChina Co. Ltd. (NYSE: PTR)
Qiao Xing Mobile Com (NYSE:QXM)
Qiao Xing Universal Telephone, Inc. (NASDAQ: XING)
Radica Games Ltd (NASDAQ: RADA)
Shanda Interactive Entertainment Ltd (NASDAQ: SNDA)
Sina Corporation (NASDAQ: SINA)
Sinopec Shanghai Petrochemcial Co. Ltd. (NYSE: SHI)
Semiconductor Manufacturing International Corp (NYSE: SMI)
Shengdatech Inc (NASDAQ:SDTH)
Simcere Pharmaceutical Group (NYSE: SCR)
Sinovac Biotech, Ltd. (Amex: SVA)
Sohu.com, Inc. (NASDAQ: SOHU)
Solarfun Power Holdings Co., Ltd. (NASDAQ:SOLF)
SORL Auto Parts, Inc (NASDAQ:SORL)
Suntech Power Holdings Co. Ltd. (NYSE: STP)
The9 Limited (NASDAQ: NCTY)
Tiens Biotech Group (Amex: TBV)
Tom Online Inc (NASDAQ: TOMO)
Tongjitang Chinese Medicines (NYSE:TCM)
Trina Solar Limited (NYSE:TSL)
UTStarcom Inc (NASDAQ: UTSI)
Wonder Automotive Technology, Inc. (NASDAQ:WATG)
Xinhua Finance Media Limited (NASDAQ:XFML)
Yanzhou Coal Mining Co. Ltd. (NYSE: YZC)
Yucheng Technologies Limited (NASDAQ:YTEC)

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
Michelle Titus, 1-972-233-0300
michelle@halterfinancial.com
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