Halter USX China Index Up 63.82% for 2007
Adds Telestone Technologies Corp. (NASDAQ:TSTC), China Security & Surveillance Technology, Inc. (NYSE:CSR), WuXi Pharma Tech (Caymen) Inc. (NYSE:WX), E-House (China) Holdings Limited (NYSE:EJ), Giant Interactive Group, Inc. (NYSE:GA), Noah Education Holdings, Ltd. (NYSE:NED), Longtop Financial Technologies Limited (NYSE:LFT), Fuqi International, Inc. (NASDAQ:FUQI), China Digital TV Holdings Co., LTD. (NYSE:STV), Perfect World Co., Ltd. (NASDAQ:PWRD), Spreadtrum Communications Inc. (NASDAQ:SPRD), China Shenghuo Pharmaceutical Holdings, Inc. (AMEX:KUN), Yingli Green Energy Holdings Co. Ltd. (NYSE:YGE), LDK Solar Co. Ltd. (NYSE:LDK), China Sunergy Co. Ltd. (NASDAQ:CSUN)

For the fourth quarter and for the year 2007, the Halter USX China Index (AMEX:^HXC) was up 2.66% and 63.82% respectively. During the same period (fourth quarter and year end), the Dow Jones Industrial Average decreased by 4.54% and increased by 6.43% respectively, while the NASDAQ finished down 1.82% and up 9.81%.

HXC is also pleased to announce the inclusion of 15 new constituents to its existing index of China-focused, U.S. listed companies including: Telestone Technologies Corp. (NASDAQ: TSTC) which is a leading developer and provider of wireless communication coverage solutions; China Security & Surveillance Technology, Inc. (NYSE: CSR) that is a leading provider of digital surveillance technology; WuXi Pharma Tech (Caymen) Inc. (NYSE: WX) which is China's premier provider of pharmaceutical R&D outsourcing services; E-House (China) Holdings Limited (NYSE: EJ) that is a leading real estate services company; Giant Interactive Group, Inc. (NYSE:GA) that is one of China's leading online game developers and operators; Noah Education Holdings, Ltd. (NYSE: NED) which is a provider of interactive education content; Longtop Financial Technologies Limited (NYSE: LFT) that is a leading software developer and solutions provider targeting the financial services industry; Fuqi International, Inc. (NASDAQ: FUQI) which is a leading designer of high quality precious metal jewelry; China Digital TV Holdings Co., LTD. (NYSE: STV) the leading provider of conditional access systems to China's rapidly growing digital television market; Perfect World Co., Ltd. (NASDAQ: PWRD) which is a leading online game developer and operator; Spreadtrum Communications Inc. (NASDAQ: SPRD) which is one of China's leading wireless baseband chipset providers; China Shenghuo Pharmaceutical Holdings, Inc. (AMEX: KUN) which is engaged in the research, development, manufacture, and marketing of pharmaceutical, nutritional supplement and cosmetic products; Yingli Green Energy Holdings Co. Ltd. (NYSE: YGE) that is one of the leading vertically integrated photovoltaic (PV) product manufacturers; LDK Solar Co. Ltd. (NYSE: LDK) which manufactures and sells multicrystalline solar wafers to the manufacturers of solar cells and solar modules in the China and internationally; and China Sunergy Co. Ltd. (NASDAQ: CSUN) that engages in the design, development, manufacture, and marketing of solar cells.

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 93 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 Digital TV Holdings Co., LTD. (NYSE: STV)
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 Security & Surveillance Technology, Inc. (NYSE: CSR)
China Shenghuo Pharmaceutical Holdings, Inc. (AMEX: KUN)
China Southern Airlines Company Ltd. (NYSE: ZNH)
China Sunergy Co. Ltd. (NASDAQ: CSUN)
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)
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)
Fuwei Films (Holdings) Co., Ltd. (NASDAQ: FFHL)
Giant Interactive Group, Inc. (NYSE:GA)
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)
LDK Solar Co. Ltd. (NYSE: LDK)
Linktone Ltd (NASDAQ: LTON)
Longtop Financial Technologies Limited (NYSE: LFT)
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)
Noah Education Holdings, Ltd. (NYSE: NED)
Origin Agritech Limited (NASDAQ: SEED)
Pacificnet Inc. (NASDAQ: PACT)
Perfect World Co., Ltd. (NASDAQ: PWRD)
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)
Spreadtrum Communications Inc. (NASDAQ: SPRD)
Suntech Power Holdings Co. Ltd. (NYSE: STP)
Telestone Technologies Corp. (NASDAQ: TSTC)
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)
WuXi Pharma Tech (Caymen) Inc. (NYSE: WX)
Xinhua Finance Media Limited (NASDAQ:XFML)
Yanzhou Coal Mining Co. Ltd. (NYSE: YZC)
Yingli Green Energy Holdings Co. Ltd. (NYSE:YGE)
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
Chelsea Augustine, 972-233-0300
chelsea@halterfinancial.com
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