Market Overview

Halter USX China Index Announces Third Quarter 2011 Results and Adds New Constituents


For the third quarter 2011, the Halter USX China Index (NYSE Arca: HXC) was down 26.61%. During the same period the Dow Jones Industrial Average decreased by 12.09% while the NASDAQ finished down 12.91%.

HXC is also pleased to announce the inclusion of 4 new constituents to its existing index of China-focused, U.S. listed companies including: Phoenix New Media Limited (NYSE: FENG) provides content on an integrated platform across Internet, mobile, and TV channels; International Ltd. (NASDAQ: DATE) operates an online dating platform; Taomee Holdings Ltd. (NYSE: TAOM) is a children's entertainment and media company; and China Zenix Auto International Ltd. (NYSE: ZX) engages in the research, development, production, and sale of commercial vehicle wheels.

It was also announced that China Grentech Corporation Limited (NasdaqGS: GRRF), China Housing and Land Development, Inc. (NASDAQ: CHLN), Sutor Technology Group, Ltd. (NASDAQ: SUTR), Gushan Environmental Energy Ltd. (NYSE: GU), CDC Corp (NASDAQ: CHINA), QKL Stores Inc (NASDAQ: QKLS), Ossen Innovation Co., Ltd. (NasdaqGM: OSN), China Precision Steel, Inc. (NASDAQ: CPSL), China Shengda Packaging Group, Inc. (NasdaqGM: CPGI), Tianyin Pharmaceutical Company, Inc. (AMEX: TPI), Tri-Tech Holding, Inc. (NASDAQ: TRIT), Aoxing Pharmaceutical Company Inc (AMEX: AXN), SmartHeat Inc. (NASDAQ: HEAT), China GengSheng Minerals, Inc. (AMEX: CHGS), Sino Clean Energy Inc. (NASDAQ: SCEI), SinoTech Energy Limited (NasdaqGS: CTE), Universal Travel Group (AMEX: UTA), Duoyuan Global Water Inc. (NYSE: DGW), Keyuan Petrochemicals, Inc. (NasdaqGS: KEYP), and Shengkai Innovations, Inc. (NASDAQ: VALV) 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 The following 178 public companies currently comprise the Halter USX China Index:

21Vianet Group Inc (NasdaqGM: VNET)
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)
Ambow Education Holding Ltd. (NYSE: AMBO)
American Dairy, Inc (NYSE: ADY)
American Lorain Corporation (AMEX: ALN)
American Oriental Bioengineering, Inc. (NYSE: AOB)
AsiaInfo Holdings, Inc. (NASDAQ: ASIA)
AutoChina International, Ltd. (NASDAQ: AUTC)
AutoNavi Holdings Limited (NasdaqGS: AMAP), Inc. (NASDAQ: BIDU)
BCD Semiconductor Manufacturing (NasdaqGS: BCDS)
Bitauto Holdings Limited (NYSE: BITA)
Bona Film Group Limited (NasdaqGM: BONA)
Camelot Information Systems Inc. (NYSE: CIS)
Canadian Solar, Inc. (NASDAQ: CSIQ) Limited (NASDAQ: CYOU)
Charm Communications Inc. (NASDAQ: CHRM)
China Automotive Systems Inc (NASDAQ: CAAS)
China BAK Battery, Inc. (NASDAQ: CBAK)
China Biologic Products, Inc. (NASDAQ: CBPO)

China Ceramics Co., Ltd. (NasdaqCM: CCCL)

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 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 Hydroelectric (NYSE: CHC)
China Information Technology, Inc (NASDAQ: CNIT)
China Kanghui Holdings (NYSE: KH)
China Life Insurance Co Ltd (NYSE: LFC)
China Lodging Group, Limited (NASDAQ: HTHT)
China Marine Food Group Limited (AMEX: CMFO)
China Medical Technologies, Inc. (NASDAQ: CMED)
China Metro-Rural Holdings Limited (AMEX: CNR)
China Ming Yang Wind Power Group (NYSE: MY)
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 Real Estate Information Corporation (NASDAQ: CRIC)
China Recycling Energy Corp. (NASDAQ: CREG)
China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ)
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 XD Plastics Company, Ltd. (NASDAQ: CXDC)
China Xiniya Fashion Limited (NYSE: XNY)
China Yida Holding, Co. (NASDAQ: CNYD)
China Yuchai International Ltd. (NYSE: CYD)
China Zenix Auto International Ltd. (NYSE: ZX)
ChinaCache International Holdings Ltd. (NasdaqGM: CCIH)
ChinaCast Education Corp. (NASDAQ: CAST)
ChinaEdu Corp. (NASDAQ: CEDU)
Chindex International Inc (NASDAQ: CHDX)
Cninsure, Inc. (NASDAQ: CISG)
Cogo Group, Inc. (NASDAQ: COGO)
Concord Medical Services Holding Ltd (NYSE: CCM)
Country Style Cooking Restaurant Chain Co., Limited (NYSE: CCSC) (NASDAQ: CTRP)
DAQQ New Energy Corp. (NYSE: DQ)
Deer Consumer Products, Inc. (NASDAQ: DEER)
E-Commerce China Dangdang Inc. (NYSE: DANG)
E-House (China) Holdings Limited (NYSE: EJ)

Focus Media Holding Ltd. (NasdaqNM: FMCN)

Fushi International, Inc (NASDAQ: FSIN)
General Steel Holdings, Inc. (NYSE: GSI)
Giant Interactive Group, Inc. (NYSE: GA)
Global Education & Technology Group Limited (NasdaqGS: GEDU)
Global Sources Ltd (NASDAQ: GSOL)
Guangshen Railway Co Ltd (NYSE: GSH)
Gulf Resources, Inc. (NASDAQ: GURE)
Hanwha SolarOne, Ltd. (NASDAQ: HSOL)
Harbin Electric, Inc. (NASDAQ: HRBN)
HiSoft Technology International Limited (NasdaqGM: HSFT)
HLS Systems International, Ltd. (NASDAQ: HOLI)
Home Inns & Hotels Management, Inc. (NASDAQ: HMIN)
HuaNeng Power International, Inc. (NYSE: HNP)
IFM Investments Limited (NYSE: CTC)
iSoftStone Holdings Limited (NYSE: ISS)
JA Solar Holdings (NASDAQ: JASO) International Ltd. (NASDAQ: DATE)
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)
Le Gaga Holdings Ltd (NasdaqGS: GAGA)
Lentuo International Inc. (NYSE: LAS)
Lihua International, Inc. (NASDAQ: LIWA)
Longwei Petroleum Investment Holding Ltd (AMEX: LPH)
Mecox Lane Limited (NasdaqGM: MCOX)
Mindray Medical International Ltd (NYSE: MR)
Nam Tai Electronics Inc (NYSE: NTE), Inc. (NASDAQ: NTES)
NetQin Mobile Inc (NYSE: NQ)
New Oriental Education & Technology Group, Inc. (NYSE: EDU)
Noah Education Holdings, Ltd. (NYSE: NED)
Noah Holdings Ltd. (NYSE: NOAH)
Orient Paper Inc (AMEX: ONP)
Origin Agritech Limited (NASDAQ: SEED)
Perfect World Co., Ltd. (NASDAQ: PWRD)
PetroChina Co. Ltd. (NYSE: PTR)
Phoenix New Media Limited (NYSE: FENG)
Qiao Xing Mobile Com (NYSE: QXM)
Qiao Xing Universal Telephone (NASDAQ: XING)
Qihoo 360 Technology Co. Ltd (NYSE: QIHU)
RDA Microelectronics, Inc. (NasdaqGM: RDA)
ReneSola, Ltd. (NYSE: SOL)
Renren Inc. (NYSE: RENN)
Semiconductor Manufacturing International Corp (NYSE: SMI)
Shanda Games Limited (NASDAQ: GAME)
Shanda Interactive Entertainment Ltd (NASDAQ: SNDA)
ShangPharma Corporation (NYSE: SHP)
Silvercorp Metals Inc. (NYSE Amex: SVM)
Simcere Pharmaceutical Group (NYSE: SCR)
Sina Corporation (NASDAQ: SINA)
SinoCoking Coal and Coke Chemical Industries, Inc. (NasdaqCM: SCOK)
Sinopec Shanghai Petrochemcial Co. Ltd. (NYSE: SHI)
Sinovac Biotech, Ltd. (NYSE Amex: SVA)
Sky-mobi Limited (NasdaqGM: MOBI)
SkyPeople Fruit Juice, Inc. (NASDAQ: SPU), Inc. (NASDAQ: SOHU)
SORL Auto Parts, Inc. (NASDAQ: SORL)
SouFun Holdings Limited America (NYSE: SFUN)
Spreadtrum Communications, Inc. (NASDAQ: SPRD)
Suntech Power Holdings Co. Ltd. (NYSE: STP)
Synthesis Energy Systems, Inc. (NasdaqGM: SYMX)
Synutra International, Inc. (NASDAQ: SYUT)
TAL Education Group (NYSE: XRS)
Taomee Holdings Ltd. (NYSE: TAOM)
Telestone Technologies Corporation (NASDAQ: TSTC)
The9 Limited (NASDAQ: NCTY)
Trina Solar Limited (NYSE: TSL)
Trunkbow International Holdings, Ltd. (NasdaqGM: TBOW)
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)
WSP Holdings Ltd. (NYSE: WH)
WuXi Pharma Tech (Caymen) Inc. (NYSE: WX)
Xinyuan Real Estate Company Ltd. (NYSE: XIN)
Xueda Education Group (NYSE: XUE)
Yanzhou Coal Mining Co. Ltd. (NYSE: YZC)
Yingli Green Energy Holdings Co. Ltd. (NYSE: YGE)
Yongye International, Inc. (NASDAQ: YONG) Inc. (NYSE: YOKU)
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.

Halter USX China Index
Chelsea Kindred, 972-233-0300

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