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

For the second quarter 2011, the Halter USX China Index (NYSE Arca: HXC) was down 5.55%. During the same period the Dow Jones Industrial Average increased by 0.77% while the NASDAQ finished down 0.27%.

HXC is also pleased to announce the inclusion of 5 new constituents to its existing index of China-focused, U.S. listed companies including: Renren Inc. (NYSE: RENN) which operates a social networking Internet platform; Qihoo 360 Technology Co. Ltd (NYSE: QIHU) that provides Internet and mobile security products; 21Vianet Group Inc (NasdaqGM: VNET) provides carrier-neutral Internet data center services; Le Gaga Holdings Ltd (NasdaqGS: GAGA) engages in cultivating, processing, and distributing vegetables; and NetQin Mobile Inc (NYSE: NQ) which operates as a software-as-a-service provider of consumer-centric mobile Internet services focusing on security and productivity.

It was also announced that HQ Sustainable Maritime Industries, Inc. (AMEX: HQS), Jiangbo Pharmaceuticals, Inc. (NASDAQ: JGBO), Linktone Ltd. (NASDAQ: LTON), SinoHub Inc. (AMEX: SIHI), China Sky One Medical, Inc. (NASDAQ: CSKI), Zoom Technologies, Inc. (NasdaqCM: ZOOM), China Mass Media Corp (NYSE: CMM), New Energy Systems Group (AMEX: NEWN), China Botanic Pharmaceutical Inc. (AMEX: CBP), Fuwei Films (Holdings) Co., Ltd. (NasdaqGM: FFHL), ZST Digital Networks, Inc. (NASDAQ: ZSTN), Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM), Jingwei International Limited (NASDAQ: JNGW), China Advanced Construction Materials Group, Inc. (NASDAQ: CADC), China Education Alliance Inc. (NYSE: CEU), ChinaNet Online Holdings Inc (AMEX: CNET), Guanwei Recycling Corp (NASDAQ: GPRC), Cleantech Solutions International Inc. (NASDAQ: CLNT), Skystar Bio-Pharmaceutical Company (NasdaqCM: SKBI), Yuhe International, Inc. (NASDAQ: YUII), China Auto Logistics, Inc. (NASDAQ: CALI), and China Jo-Jo Drugstores, Inc (NASDAQ: CJJD) 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 202 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)

A-Power Energy Generation Systems (NASDAQ: APWR)

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)

Aoxing Pharmaceutical Company Inc (AMEX: AXN)

AsiaInfo Holdings, Inc. (NASDAQ: ASIA)

ATA, Inc. (NASDAQ: ATAI)

AutoChina International, Ltd. (NASDAQ: AUTC)

AutoNavi Holdings Limited (NasdaqGS: AMAP)

Baidu.com, 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)

CDC Corp (NASDAQ: CHINA)

Changyou.com Limited (NASDAQ: CYOU)

Charm Communications Inc. (NASDAQ: CHRM)

Chemspec International Limited (NYSE: CPC)

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 GengSheng Minerals, Inc. (AMEX: CHGS)

China Gerui Advanced Materials Group Ltd. (NASDAQ: CHOP)

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

China Grentech Corporation Limited (NasdaqGS: GRRF)

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

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 Precision Steel, Inc. (NASDAQ: CPSL)

China Real Estate Information Corporation (NASDAQ: CRIC)

China Recycling Energy Corp. (NASDAQ: CREG)

China Security & Surveillance Technology, Inc. (NYSE: CSR)

China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ)

China Shengda Packaging Group, Inc. (NasdaqGM: CPGI)

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)

ChinaCache International Holdings Ltd. (NasdaqGM: CCIH)

ChinaCast Education Corp. (NASDAQ: CAST)

ChinaEdu Corp. (NASDAQ: CEDU)

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)

Country Style Cooking Restaurant Chain Co., Limited (NYSE: CCSC)

Ctrip.com (NASDAQ: CTRP)

DAQQ New Energy Corp. (NYSE: DQ)

Deer Consumer Products, Inc. (NASDAQ: DEER)

Duoyuan Global Water Inc. (NYSE: DGW)

E-Commerce China Dangdang Inc. (NYSE: DANG)

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

eLong (NASDAQ: LONG)

Focus Media Holding Ltd. (NASDAQNM: FMCN)

Funtalk China Holdings Limited (NASDAQ: FTLK)

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)

Gushan Environmental Energy Ltd. (NYSE: GU)

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)

JinkoSolar Holding Co., Ltd (NYSE: JKS)

Jinpan International Limited (NASDAQ: JST)

Kandi Technologies, Corp. (NASDAQ: KNDI)

Keyuan Petrochemicals, Inc. (NasdaqGS: KEYP)

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)

Longtop Financial Technologies Limited (NYSE: LFT)

Longwei Petroleum Investment Holding Ltd (AMEX: LPH)

Mecox Lane Limited (NasdaqGM: MCOX)

Mindray Medical International Ltd (NYSE:MR)

Nam Tai Electronics Inc (NYSE: NTE)

Netease.com, 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)

Ossen Innovation Co., Ltd. (NasdaqGM: OSN)

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)

Qihoo 360 Technology Co. Ltd (NYSE: QIHU)

QKL Stores Inc (NASDAQ: QKLS)

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)

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)

SinoCoking Coal and Coke Chemical Industries, Inc. (NasdaqCM: SCOK)

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

SinoTech Energy Limited (NasdaqGS: CTE)

Sinovac Biotech, Ltd. (NYSE Amex: SVA)

Sky-mobi Limited (NasdaqGM: MOBI)

SkyPeople Fruit Juice, Inc. (NASDAQ: SPU)

SmartHeat Inc. (NASDAQ: HEAT)

Sohu.com, 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)

Sutor Technology Group, Ltd. (NASDAQ: SUTR)

Synthesis Energy Systems, Inc. (NasdaqGM: SYMX)

Synutra International, Inc. (NASDAQ: SYUT)

SYSWIN Inc. (NYSE: SYSW)

TAL Education Group (NYSE: XRS)

Telestone Technologies Corporation (NASDAQ: TSTC)

The9 Limited (NASDAQ: NCTY)

Tianyin Pharmaceutical Company, Inc. (AMEX: TPI)

Tiens Biotech Group (NYSE Amex: TBV)

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

Trina Solar Limited (NYSE:TSL)

Trunkbow International Holdings, Ltd. (NasdaqGM: TBOW)

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)

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)

Youku.com 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.