December 31, 2008 at 17:55 PM EST
Halter USX China Index Announces 2008 Results and Adds New Constituents

For the fourth quarter and for the year 2008, the Halter USX China Index (AMEX:HXC) was down 23.08% and 56.67% respectively. During the same period (fourth quarter and year end), the Dow Jones Industrial Average decreased by 19.12% and 33.84% respectively, while the NASDAQ finished down 24.27% and 40.54%.

HXC is also pleased to announce the inclusion of 16 new constituents to its existing index of China-focused, U.S. listed companies including: Advanced Battery Technologies, Inc. (NASDAQ: ABAT) designs, manufactures, and markets rechargeable polymer lithium-ion (PLI) batteries; AirMedia Group, Inc (NASDAQ: AMCN) operates digital media network in China for air travel advertising; A-Power Energy Generation Systems (NASDAQ: APWR) designs, constructs, and tests distributed power generation and micro power grids; ATA, Inc. (NASDAQ: ATAI) provides computer-based testing services; BMP Sunstone Corporation (NASDAQ: BJGP) operates as a pharmaceutical and over-the-counter manufacturing, marketing, and distribution company; China Architectural Engineering (NASDAQ: CAEI) engages in the design, manufacturing, installation, and maintenance of structural glass and light structure building; China INSOnline Corp. (NASDAQ: CHIO) operates as an Internet service and media company; China Natural Resources, Inc. (NASDAQ: CHNR) engages in the exploration, mining, and development of zinc, iron, and other minerals; China Precision Steel, Inc. (NASDAQ: CPSL) engages in the manufacture and sale of high precision cold-rolled steel products; AgFeed Industries, Inc. (NASDAQ: FEED) engages in the research and development, manufacture, marketing, and sale of fodder and blended feed; HLS Systems International, Ltd. (NASDAQ: HOLI) designs, develops, produces, sells, installs, and maintains automation and control equipment and systems; Harbin Electric, Inc. (NASDAQ: HRBN) develops, engineers, manufactures, and sells customized linear motors, motor/controller automation systems, automobile specialty micro-motors, and other special motors; Jinpan International Limited (NASDAQ: JST) engages in the design, manufacture, and sale of cast resin transformers for voltage distribution equipment; and Vimicro International Corp. (NASDAQ; VIMC) designs, develops, and markets semiconductor products and solutions.

It was also announced that China Techfaith Wireless Communication Technology Limited (NASDAQ: CNTF), Origin Agritech Limited (NASDAQ: SEED), Spreadtrum Communications Inc. (NASDAQ: SPRD), Hurray! Holding Co., Ltd. (NASDAQ: HRAY), Webzen Inc. (NASDAQ: WZEN), China Housing & Land Development, Inc. (NASDAQ: CHLN), China Direct, Inc (NASDAQ: CDSDD), SORL Auto Parts, Inc (NASDAQ:SORL), Ninetowns Internet Technology Group Company Ltd. (NASDAQ: NINE), Linktone Ltd (NASDAQ: LTON), HSW International, Inc. (NASDAQ: HSWI), and Deswell Industries Inc (NASDAQ: DSWL) 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 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 104 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)

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)

A-Power Energy Generation Systems (NASDAQ: APWR)

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)

China Architectural Engineering (NASDAQ: CAEI)

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 Fire & Security Group (NASDAQ: CFSG)

China Information Security Technology, Inc (NASDAQ: CPBY)

China INSOnline Corp. (NASDAQ: CHIO)

China Life Insurance Co Ltd (NYSE: LFC)

China Medical Technologies, Inc. (NASDAQ: CMED)

China Mobile Hong Kong Ltd. (NYSE: CHL)

China National Offshore Oil Corp. (NYSE: CEO)

China Natural Resources, Inc. (NASDAQ: CHNR)

China Nepstar Chain Drugstore Ltd. (NYSE:NPD)

China Unicom Ltd. (NYSE: CHU)

China Petroleum and Chemical Corp (Sinopec) (NYSE: SNP)

China Precision Steel, Inc. (NASDAQ: CPSL)

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 Telecom Corporation Ltd (NYSE: CHA)

China Unicom Ltd (NYSE: CHU)

China Yuchai International Ltd. (NYSE: CYD)

ChinaCast Education Corp. (NASDAQ: CAST)

ChinaEdu Corp. (NASDAQ: CEDU)

Chindex International Inc (NASDAQ:CHDX)

Cninsure, Inc. (NASDAQ:CISG)

Cogo Group, Inc. (NASDAQ: COGO)

Ctrip.com (NASDAQ: CTRP)

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)

HuaNeng Power International, Inc. (NYSE: HNP)

JA Solar Holdings (Nasdaq:JASO)

Jinpan International Limited (NASDAQ; JST)

KongZhong Corporation (NASDAQ: KONG)

LDK Solar Co. Ltd. (NYSE: LDK)

Longtop Financial Technologies Limited (NYSE: LFT)

Medical International Limited (NYSE:MR)

Nam Tai Electronics Inc (NYSE: NTE)

Netease.com, Inc. (NASDAQ: NTES)

New Oriental Education & Technology Group, Inc. (NYSE:EDU)

Noah Education Holdings, Ltd. (NYSE: NED)

Perfect World Co., Ltd. (NASDAQ: PWRD)

PetroChina Co. Ltd. (NYSE: PTR)

Qiao Xing Mobile Com (NYSE:QXM)

Qiao Xing Universal Telephone, Inc. (NASDAQ: XING)

Semiconductor Manufacturing International Corp (NYSE: SMI)

Shanda Interactive Entertainment Ltd (NASDAQ: SNDA)

Shengdatech Inc (NASDAQ:SDTH)

Simcere Pharmaceutical Group (NYSE: SCR)

Sina Corporation (NASDAQ: SINA)

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

Sinovac Biotech, Ltd. (Amex: SVA)

Sohu.com, Inc. (NASDAQ: SOHU)

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

Suntech Power Holdings Co. Ltd. (NYSE: STP)

Sutor Technology Group, Ltd. (NASDAQ: SUTR)

The9 Limited (NASDAQ: NCTY)

Tiens Biotech Group (Amex: TBV)

Tongjitang Chinese Medicines (NYSE:TCM)

Trina Solar Limited (NYSE:TSL)

UTStarcom Inc (NASDAQ: UTSI)

Vimicro International Corp. (NASDAQ; VIMC)

VisionChina Media Inc. (NASDAQ:VISN)

Wonder Automotive Technology, Inc. (NASDAQ:WATG)

WSP Holdings Ltd. (NYSE:WH)

Wuhan General Group (China), Inc. (NASDAQ: WUHN)

WuXi Pharma Tech (Caymen) Inc. (NYSE: WX)

Xinhua Finance Media Limited (NASDAQ:XFML)

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.

Contacts:

Halter USX China Index
Chelsea Augustine, 972-233-0300
Related Stocks:
3SBio, Inc. 51job, Inc. ACORN INTERNATIONAL, Inc. AGRIA CORPORATION ALUM CORP OF CHINA LIMITED ATA, Inc. Actions Semiconductor Co., Ltd. AirMedia Group, Inc. AsiaInfo-Linkage, Inc. Baidu.com SP ADR CHINA DIGITAL TV HOLDING CO. CHINA EASTERN AIRLINES CHINA LIFE INSURANCE COMPANY LTD. CHINA MOBILE LIMITED CHINA NEPSTAR CHAIN DRUGSTORE LTD CHINA PETROLEUM & CHEMICAL CORPORATION ADS CHINA SOUTHERN AIRLINES COMPANY LIMITED CHINA TELECOM CORPORATION, LTD CHINA UNICOM CHINA YUCHAI INT'L LTD. CNOOC LIMITED CNinsure, Inc. Canadian Solar, Inc. China Automotive Systems, Inc. China Finance Online Co., Ltd. China Housing & Land Development, Inc. China Natural Resources, Inc. China TechFaith Wireless Communication Technology Ltd ChinaEdu Corporation Chindex International, Inc. Ctrip.com International, Ltd. Deswell Industries, Inc. E-HOUSE Focus Media Holding Limited GENERAL STEEL HOLDINGS, Inc. GUANGSHEN RAILWAY CO. LTD Giant Interactive Group, Inc. Global Sources Ltd HUANENG POWER INTL, Inc. Home Inns & Hotels Management, Inc. Jinpan International LTD KongZhong Corporation LDK SOLAR CO., LTD Linkstone Ltd. MINDRAY MEDICAL INTERNATIONAL LIMITED AMERICAN DEPOSITARY SHARES NAM TAI ELECTRONICS, Inc. NEW ORIENTAL EDUCATION AND TECHNOLOGY GROUP, Inc. NOAH EDUCATION HOLDINGS LTD Netease.com Ninetowns Internet Technology Group Company Limited Origin Agritech Limited Perfect World Co.,Ltd. PetroChina SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION SINOPEC SHANGHAI PETROCHEMICAL CO., LTD. SORL Auto Parts, Inc. SPREADTRUM COMMUNICATIONS,INC. AMERICAN DEPOSITORY SHARES Simcere Pharmaceutical Group Sina Corp Sohu.com, Inc. Suntech Power Holdings Co. ADS Sutor Technology Group Limited TRINA SOLAR LIMITED The9 Limited WUXI PHARMATECH XINYUAN REAL ESTATE CO. LTD YANZHOU COAL MINING COMPANY LIMITED YINGLI GREEN ENERGY HOLDING COMPANY LIMITED Zhongpin, Inc. eLong, Inc.
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