+++++++HARTCOURT(HRCT)++++++DER KOMMENDE GIGANT!!!! - 500 Beiträge pro Seite

[batist]

hier ein kleiner auszug was hartcourt so alles auf die beine gestellt hat,ist ne menge,geht auf die homepage schauts euch an
The Hartcourt Companies, Inc. - Press Releases

05/25/00: Hartcourt & China Cable Networks to Develop CCN Financial TV

05/22/00: Subsidiary SinoBull.com Completes 50% Acquisition of Guo Mao

05/16/00: Hartcourt Reports First Quarter 2000 Financial Results

05/15/00: StreamingAsia.com to Deliver Chinese Sports Rich-Media

05/09/00: Hartcourt to Help Put China`s Supreme Court Decisions Online

04/28/00: Sinobull.com to Provide Online Trading for Xiangcai Securities

04/25/00: Sinobull.com Completes 50% Acquisition of StreamingAsia.com

04/17/00: Hartcourt Reports 1999 Financials and Success in Acquisitions

04/12/00: Financial Telecom Acquires 51% of Data Transmission Network

04/10/00: Hartcourt Appoints Wireless Telecom Expert, Dr. Yang, To COO

04/04/00: Hartcourt retains Financial Relations Board BSMG Worldwide

03/28/00: UAC Releases Stock Trading Apps for Palm OS & Windows CE

03/23/00: Hartcourt Appoints Mr. Duc Duong Chief Technology Officer

03/20/00: Guosen Securities to use UAC 162 Network for Online Trading

03/15/00: Michael Bianco Named President & CEO of SinoBull.com

03/13/00: SinoBull.com to Develop WAP Connectivity for Mobile Phones

03/08/00: StreamingAsia.com to Webcast HKEx Opening Ceremony

03/06/00: SinoBull.com is a Hit with Chinese Investors

02/29/00: Hartcourt to Invest in Sichuan Cable Network

02/16/00: Chairman to Speak on China Market for Online Stock Trading

02/14/00: Hartcourt to Invest in eMPACT Solutions

01/24/00: Hartcourt Applies For Nasdaq NMS Listing

01/14/00: Hua Xia Launches Set Top Boxes with Microsoft and Legend

01/10/00: Hartcourt Shares Gain 5,264 Percent in 1999

01/06/00: Hartcourt Funding Agreement Increased to $35 Million

12/29/99: Hartcourt Appoints BDO International to be its Auditors

12/28/99: Sinobull.com Agrees to Acquire 50% of Shanghai Guo Mao

12/23/99: Hartcourt UAC JV Generating Publicity On Government Media

12/19/99: Sinobull.com to Purchase 40% of Shangdi Network

12/13/99: Sinobull.com Engages Ernst & Young for IPO Business Plan

12/07/99: Sinobull.com Agrees to Buy 50% of Internet Software Company

12/01/99: eSAT Inc. and Hartcourt Come to Terms on Strategic Alliance

11/18/99: Sinobull.com Formed as IPO Company for UAC Online and FinTel

11/15/99: Hartcourt Signs Agreement for $25 Million Equity Line Funding

11/02/99: Hartcourt UAC JV Signs with Beijing Telecom; Gains Gov`t Funding

10/30/99: Hartcourt UAC JV Obtains Official Government Licenses

10/25/99: Hartcourt Signs JV Agreement For Wireless ISP and IP Phone

10/05/99: Hartcourt Is Now Traded on Frankfurt Stock Exchange (HCT)

09/22/99: Hartcourt Completes Acquisition of Financial Telecoms Ltd.

09/09/99: Hartcourt to Convert 15% of Stock Options in UAC Online

08/25/99: Hartcourt Acquires 58% of Financial Telecom of Hong Kong

07/20/99: Hartcourt to Participate in National ISP Venture in China

07/12/99: Hartcourt Approved for Listing on German Stock Exchange

06/29/99: Hartcourt Acquires 35% of China`s First Online Trading Co.

06/03/99: Hartcourt to Distribute Share Certificates of Enova Holdings

03/25/99: Hartcourt to Divest 65% of ECS to Mgmt and Investors` Group

03/25/99: Hartcourt Exchanges Interest in Peony Garden Project, Beijing

03/24/99: The Hartcourt Companies Inc. to Spinoff U.S. Operations

03/24/99: The Hartcourt Companies Inc. Issues Rebuttal Statement

03/23/99: First Foreign Firm Allowed; Hartcourt to Merge with Chinese ISP

[batist]

OT: NEW YORK -(Dow Jones)-Hartcourt Cos. (HRCT) wants to be the "CNBC" of China.
The company - once an importer of Argentine cigarettes, a maker of pen and writing tools and an environmental engineering and management firm - is trying to build a network of Internet and telecommunications services in China and Hong Kong.
On Thursday, Hartcourt announced that one of its subsidiaries has teamed up with China Cable Networks to provide financial news to "80 million Chinese cable TV subscribers across all Chinese provinces and cities." Under the multi-year alliance, Hartcourt`s Shanghai Guo Mao Financial Corp. unit will develop content, including real-time market data and commentary, the company`s press release said.
Hartcourt President, Chairman and Chief Executive Alan V. Phan told Dow Jones Newswires that his company is hiring six anchormen and will broadcast Monday through Friday, 9 a.m. to 10 a.m. China time, beginning on or about Aug. 1.
Phan eventually would like the network to be a 24-hour operation, but he said that advertising and revenue will be low at first, and expansion will take time.
The broadcast looks to emulate the distinctive style of CNBC-TV, Phan said, with streaming quotes and interviews with the CEOs of various Chinese concerns.
In addition, Phan said the Chinese government previously granted Hartcourt exclusive rights to set up an English-language, subscription Web site where investors could go to access legal company filings, similar to the Securities & Exchange Commission`s filings database at http://www.freeedgar.com.
StreamingAsia.com, a unit of SinoBull.com, is set to launch the English-language site in September, Phan said. SinoBull.com is a financial Web site in which Hartcourt has a 48% controlling interest.
Since it will be subscriber-based, Phan said he expects the site to generate "huge" revenue soon after its debut.
It had better.
Included in the company`s latest quarterly report, filed with the SEC March 15 and amended March 17, is a going concern note from the independent auditor.
The note cited first-quarter 2000 losses of almost $1.7 million, or 6 cents a share, compared with first-quarter 1999 losses of almost $250,000. As of March 31, the note says, the company`s liabilities exceeded its assets by $640,201.
Phan said that the $1.37 million in cash assets Hartcourt reported at the end of March will keep it afloat until it becomes profitable, which will "definitely" be next year, he said. In fact, Phan said the company hopes to break even this year.
In the third quarter, Phan said, money-making ventures resulting from recent acquisitions will begin being reflected in the company`s earnings and in its sales.
Hartcourt`s first-quarter sales were $348,228.
Hartcourt shares, traded on the over-the-counter Bulletin Board, ended Friday trading at 6 3/8, up 1/16, after gaining 17% Thursday. They rose as high as $20.50 in December, from a 52-week low of 25 cents last June.
Company and unit Web sites: http:/www.hartcourt.com

http:/www.sinobull.com
http:/www.streamingasia.com
-K. Maxwell Murphy; Dow Jones Newswires; 201-938-5173;
[e-mail].
(Copyright (c) 2000, Dow Jones & Company, Inc.).

Source: DOW JONES NEWS SERVICE 27/05/2000

[batist]

Corporate Highlights:


Hartcourt has established three Internet Joint Ventures in Asia and will combine its 50% interest in Beijing-based UAC Stock Exchange Online, Ltd. and its 58% interest in Hong Kong-based Financial Telecom Ltd. To create the premiere financial services company operating in China.

UAC Online is establishing the first and only e-trading network of securities trading in China.

Financial Telecom is the premiere financial data bank service in Hong Kong.

The combined entity of UAC and Financial Telecom should be in position for an Initial Public Offering by the Second Quarter of 2000.

Based on the valuations of similar Internet models, Hartcourt assumes a minimum valuation on this new entity of $400 Million (U.S.).

Internet users in China will exceed 20 Million by 2001, and 205 Million by 2010, surpassing Internet usage in the U.S.

Hartcourt has formed a separate Joint Venture with Beijing-based Innostar HiTech Enterprises and has the approval to establish a nationwide Internet Service Provider (ISP) and Internet Protocol (IP) Phone Service in China.

Hartcourt is currently seeking to recruit a high profile CEO with the necessary experience to lead the Company to its ultimate destination

[batist]

Company Mission -
To Be The Leading Internet Company In Asia


Hartcourt-Positioned to Dominate Asian Internet Market
The Hartcourt Companies, Inc. has taken a giant step toward establishing itself as a major provider of on-line services in China. Through a pair of joint ventures, the company announced in June and August of 1999, Hartcourt is positioned to facilitate the expansion of China`s first commercial E-trade financial network and plans to participate in the creation of a national ISP in that country.



Top Web Site Portal in China
Hartcourt`s goal is to create the premiere financial portal in the Chinese market through the combined services of UAC Stock Exchange Online, Ltd. and Financial Telecom Ltd. Hartcourt intends to merge these two service providers and create a comprehensive Web site and supporting utilities that will be capable of executing securities transactions on-line in a timely and efficient manner while providing real-time quotes, research, charts and other collateral information regarding stocks, bonds, currencies and other markets in China and other Asian markets. The site will be similar in nature to U.S. based companies that are currently worth billions of dollars in terms of market capitalization.



First & Only E-Trading Network in China
As the first and only company to receive an operating license from China Telecom to use the CHINAPAC 162 Network, which can link investors with their brokerage offices nationwide, UAC is in a unique marketing position. There are currently no other entities competing for this business within China. Hartcourt believes that this strategic advantage will give the Company the opportunity to capture a major share of China`s dynamic and burgeoning securities market.

[batist]

Partners and Associates
SinoBull.com

SinoBull.com will provide investors throughout Mainland China the opportunity to trade stocks online, gather extensive research information, and get real time quotes in the government approved secure fashion. SinoBull, the revolutionary financial portal, will be available through computers via network access, and through cable TV set top boxes.


Financial Telecom

Financial Telecom Ltd. is a financial databank providing real-time stock quotes and other information of Hong Kong listed-companies to institutional and retail investors. FTL has been in business for 16 years and had HK $16.6 million in revenues in 1998.


Legend Holdings

Through joint development with Hua Xia Securities, Legend will produce inexpensive cable TV set top boxes for those investors wanting the ease of online trading, but without computer use. Legend is the largest manufacturer of computers in Mainland China, and the "Stock Easy" set top box will showcase the SinoBull Financial Portal.


StreamingAsia.com

StreamingAsia.com provides comprehensive Internet related software development service. Among its clients are South China Morning Post, Securities and Futures Commission, Citicomp Cyberworks, iMerchant Ltd, Hong Kong Commercial Broadcasting Co Ltd and Metro Broadcast Corporation Ltd in Hongkong.
UAC Online Trading

UAC Online operates the first and only nationwide online trading network in China, connecting investors with their stock brokerage offices via ChinaPAC, the nationwide secure packet switched data network owned by China Telecom.


Shangdi Network

Shangdi Network of Beijing is one of three owners of Hua Xia Info, the financial data and media arm of Hua Xia Securities, the second largest brokerage firm in China. Through this relationship, SinoBull will obtain coverage and promotion from Hua Xia Info`s cable TV financial channel, similar to Bloomberg TV. Hua Xia Securities will provide the brokerage house to process online stock trades.


Guo Mao

Guo Mao of Shanghai specializes in futures, indices and commodities data, which will complement the financial information database of Hua Xia Info, and the financial delivery systems of FinTel.

[batist]

hier die neueste news
30May2000 USA: Hartcourt Subsidiary Acquires 100% Interest of LogicSpace Ltd., a Leading Web Solutions Pioneer. 11:01 GMT
LOS ANGELES-(BUSINESS WIRE)-May 30, 2000 -
Move is the Latest Strategic Enhancement to SinoBull Group`s Internet Business Model for Greater China.

The Hartcourt Companies Inc. (OTC:HRCT)(Frankfurt:HCT), www.hartcourt.com, today announced that its SinoBull subsidiary, in conjunction with its acquisition of StreamingAsia.com, has completed the 100% acquisition of LogicSpace Ltd., www.logicspace.com, a leading Web solutions company now based in Hong Kong.
LogicSpace Ltd. is an Internet consulting and Web application development company that provides a wide range of Internet services, including Web page design, system architecture and solution implementation. StreamingAsia & LogicSpace have delivered high quality integrated Web services to an impressive list of clients, including The Stock Exchange of Hong Kong, The Securities and Futures Commission of Hong Kong, PSINet Hong Kong (Nasdaq:PSIX), and E!Online Asia, in addition to building out a powerful financial Web portal for Sinobull.com that is currently averaging 1.9 million daily page views from the Chinese market. Hartcourt owns about 48% of SinoBull.
Patrick Kwan, President of StreamingAsia.com, said, "StreamingAsia and LogicSpace are a great match. LogicSpace will help us to provide greater value to clients needing Chinese-language Web solutions, and the latest cutting-edge technology, particularly Wireless Application Protocol (WAP) product development."
Dr. Alan Phan, Chairman and CEO of Hartcourt commented, "We are thrilled to be in a position to offer our services to prestigious organizations like those mentioned above and to all of the clients that rely on our companies to provide technical solutions to today`s e-business needs. We believe this union is a natural fit, as the teams at both SinoBull and StreamingAsia have worked very well with LogicSpace to deliver quality products and solutions. This is a continuing effort to further develop SinoBull into a leading provider of Information Technologies infrastructure in Asia."

About LogicSpace Ltd.

LogicSpace was founded in 1997 in the heart of the Silicon Valley - San Jose, Calif., USA. With years of experience in inter-networking and software development, LogicSpace offers strategic business solutions that enable companies to achieve success in doing business on the Internet. Services include a full range of Internet integration, Web-based wireless application design and "know-how" implementation.
In June 1999, it became a pioneer in integrated B2B and B2C Web site development in Hong Kong, featuring (WAP) portal development. LogicSpace adds to StreamingAsia`s strong corporate focus with Web portal solutions and online marketing services for clients.
StreamingAsia and LogicSpace together have served many leading corporations and organizations. A partial client list includes the following:
- AsiaMix (www.asiamix.com), "The best music online in Asia."
- BMExchange (in development), B2B E-commerce Company serving the China market for building material exchange and construction projects.
- Cable & Satellite Broadcasting Association of Asia (www.casbaa.org), the leading non-profit trade organization representing over 120 Asia-based corporations.
- Cellstar Asia Corp (Nasdaq:CLST) (www.cellstarasia.com), a leading Asia wireless communications and WAP portal company.
- GoldPeak Holdings Ltd. (www.eei-x.com), the first B2B exchange serving the electronics and electrical industries in Asia with full logistic support.
- Cyber Daily (www.hkcyber.com), daily online newspaper in Hong Kong.
- E! Online Tricast (HK) Ltd. (www.hongkong.eonline.com), E! Online`s international content-partnership managing exclusive distribution rights for all E! Online content in Asia.
- Hong Kong Commercial Broadcasting Co., Ltd. (CRHK) (www.crhk.com.hk)
- Hong Kong District Councils Election Online (www.logicspace.com/metro), providing real-time polling results for each Hong Kong district, listing candidate information and background.
- iAsiaWorks (www.iasiaworks.com), a leading pan-Asian Internet solutions enabler.
- iMerchants Ltd. (www.imerchants.com), a pioneer and leader in providing electronic commerce solutions to businesses in Hong Kong and other Asian markets.
- iSteelAsia (www.isteelasia.com), the ultimate steel E-commerce network in Asia.
- PSINet Hong Kong Ltd. (www.psinet.com.hk), a wholly owned subsidiary of PSINet Inc. (Nasdaq:PSIX), the Internet super carrier.
- MetroRadio Broadcasting Ltd. (www.metroradio.com.hk), a leading radio media company in Hong Kong.
- The Securities and Futures Commission of Hong Kong (www.hksfc.org.hk)
- The Stock Exchange of Hong Kong (www.sehk.com.hk)
- South China Morning Post (www.scmp.com), Hong Kong`s leading English language newspaper since 1903.

About StreamingAsia

StreamingAsia (www.streamingasia.com) provides content publishers Web portals with services for the delivery of "streaming" or live and on-demand video and audio content over the Internet. StreamingAsia is a wholly owned subsidiary of SinoBull Group and is responsible for the design, operation and maintenance of SinoBull Group`s Web site.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities.
Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including the development of broadband networks and vertical market focused content for broadband and wireless applications. Detailed information on Hartcourt and its major subsidiary SinoBull, which has developed a financial services Web portal and a platform providing secure online stock trading for major brokerage firms in China may be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

CONTACT: The Hartcourt Companies Inc. Jack Westfield, 310/410-7290.

Source: BUSINESS WIRE 30/5/2000

[batist]

The Hartcourt Companies (HRCT: news, msgs) is a holding company which through its ventures in China, provides online trading, ISP and financial information. The Company has set as its goal to be the number one Internet financial services company in Asia. For the FY ended 12/31/99, revenues totaled $379K. Net loss before disc. ops. fell 49% to $7.4M. Results reflect beginning of Company`s operations in 1999; partially offset by increased S/G/A expenses.

The fast Stochastics (15-5-5) crossed strongly above the Stochastics Divergence last week at the 10 mark and ended the week in a very strong upward move at the 35 and 20 marks respectively (very strong uptrend). The Relative Strength Index (RSI - 14-day) is currently in a leveling pattern at the 43 mark. The Moving Average Convergence Divergence (MACD - 12-25-9) is still in negative territory but has been moving up steadily since the middle of April (very positive). The Price Rate of Change (PROC - 16-8) crossed above its Moving Average (MA), just under the positive/negative breakout line. The Williams %R (12-day) has been on a barn burning uptrend lately but just started to head down near the 42 mark (watch closely to see if HRCT’s price starts downward). The Commodity Channel Index (CCI - which measures the price excursions from the mean price as a statistical variation) just crossed upward (very positive). The On Balance Volume (OBV) indicator is in a leveling pattern. Money Flow (recording big-block trades of 10k shares or more at or below prevailing market prices) has been in a very solid uptrend lately (with slight signs of leveling off) near the 43 mark. HRCT’s price (6.375) is below its 100-day (9.25) Moving Average and below its 50-day and 200-day Moving Averages that have converged at the 8.25 mark. The 200-day MA is beginning to move back up which is a good sign. The current value is trending upward in the mid-range of the 20-day Bollinger Bands (7.6 to 4.7). Several of the TA indicators are starting to show weakness again. It will be very interesting to see where HRCT heads from here. An analyst recently mentioned HRCT as one of his top 10 performance picks for 2000 and 2001 . Let’s watch the charts very closely and see where HRCT goes

[batist]

Schaut euch mal diesen link an:

http://cn.yahoo.com/fnews/sinobull/

hartcourt ist an sinobull beteiligt
wie es aussieht gibt es eine verbindung zwischen yahho und sinobull.com
geht auf den link

[Arxespower]

Scheint ja alles nicht dem Kurs geholfen zu haben gestern. Zockerwert !!! Verkaufen !!!

[Doc Snyder]

Scheisse, ich verlier die Nerven. warum faellt HRCT, wenn der Nasdaq um 100% steigt?

[gurkus]

Hey Doc,

es gibt immer mindestens zwei Möglichkeiten warum ein Kurs bei guten News fällt. Entweder waren die schon im kurs eingepreist oder man drückt den Kurs weiter, um vor anstehenden großen guten News noch billiger reinzukommen. Im Moment würde ich sagen, daß letzteres der Fall ist, da das Listing vor der Tür steht womit Hartcourt zunehmend auch für Fonds interessant wird und der amerikanische Partner also eine Investmentbank als underwriter für das sinobull-ipo ebenso kurzfristig ansteht.

Also ruhig Blut.

Ich kann im Moment keinen Grund für einen Ausstieg feststellen es sei denn Du bist ein kurzfristiger Trader.


gruß

gurkus

[batist]

arxes.. du hast wirklich ahnung,wenn du lesen kannst,dann würdest du nicht so ein schwachsinnn schreiben,hartcourt ist ein LANGFRISTIGINVESTEMENT ,bloß nicht nervös werden wenn es mal nicht steigt

[107711]

Hallo batist !
Als schwachsinnig würde ich arxes... kurzen Kommentar nicht werten. Jeder muß für sich entscheiden, mit wieviel Verlust er noch die Kurve kratzen will.
Eher sind die "Beruhigungspillen " von Gurkus als unzureichend und blauäugig zu bezeichnen.
Und noch eines zum Schluß ! Wählt bitte andere Überschriften. Ich kann ja verstehen, daß Interesse erweckt werden soll, aber
Hartcourt- Der neue Gigant !

Echt, meine Augen taten weh!

[gurkus]

Soso,

ich bin also blauäugig. Naja, stimmt ja sogar. Nur das Hartcourt ein Verkaufswert ist bezweifle ich doch stärkstens. Ich beobachte Hartcourt jetzt über ein halbes Jahr und muß sagen, daß ich beeindruckt von deren Arbeit bin. Vielleicht manchmal mit ein wenig Verspätung, haben sie doch bislang noch nahezu alle Ankündigungen eingehalten. Das die Zahlen und das Umfeld derzeit nicht gerade ein Engagement aufdrängen finde ich nicht verwunderlich.

Aber vielleicht weiß da ja einer mehr als ich.

gruß

gurkus

[batist]

hallo 107771
ja das du so frustriert bist weil du so spät eingestiegen bist,dafür kann ich nichts,man sollte doch an der börse schon ein bischen geduld aufbringen,jemand der hartcour mit verlust verkauft,ist für mich nicht verständlich,auß dem grund siehe obere postings,news,von mir aus kannst du mich ein pusher nennen,aber was hrct in diesem ca. halben jahr hervorgebracht hat ist WELTKLASSE,deshlb wird hrct auch der kommende gigant,das kann vielleicht 1-5 jahre dauern.genauso wie yahoo ,hats auch nicht in einem halben jahr geschafft,nicht wahr 107771
du kannst ja ende des jahres auf den kurs schauen,mal sehen ob deine augen auch dann weh tun

[107711]

Hi batist !
Ich warte mal bis Ende des Jahres und hoffe, daß mich dann die Gewinne plagen. Ich hoffe ja auch, jedoch der Glaube.... .
Ich laß das Zeug einfach mal liegen. Hoffe, daß "Weltklasse"
sich durchsetzt.
Im übrigen, einen pusher will ich Dich nicht nennen. Wenn jemand die Überzeugung von der Aktie hat, dann ist das o.k.

[batist]

hab mir noch ein paar hrct zugelegt,liegen laßen und in ein paar jahren sich freuen

[107711]

Hi batist !
Wieviel mal kaufst Du nun noch nach ? Verluste verbilligen bringt nichts. Weißt Du eigentlich, daß Du ganz schön hoch pokerst ?
Es gibt ehrlich gesagt viele bessere Werte mit halbsoviel Risiko.
Ich hoffe nur, daß andere das nicht nachmachen.

[batist]

langsam aber sicher kommt hartcourt heute wieder fast 9% im plus

[batist]

es geht weiter news
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Related Quotes

HRCT.OB
7
+0

delayed 20 mins - disclaimer


Friday June 2, 7:00 am Eastern Time
Company Press Release
Hartcourt Subsidiary StreamingAsia.com to Host Web Site of Leading Chinese Motion Picture
LOS ANGELES--(BUSINESS WIRE)--June 2, 2000--The Hartcourt Companies Inc. (OTC:HRCT - news; Frankfurt:HCT), www.hartcourt.com, today announced that StreamingAsia.com, owned by its SinoBull.com subsidiary, will provide movie trailers and highlight segments via the Internet to the fans of one of Hong Kong`s most distinctive filmmakers.

StreamingAsia, a leader in integrated media solutions, will provide the rich media presence and manage the official Web site of the movie ``In the Mood for Love.``

``In the Mood for Love`` star Tony Leung was awarded Best Male Performance at the 2000 Cannes Film Festival, and the film, directed by Wong Kar-Wai won the Grand Prix for Technique.

Hartcourt owns about 48% of SinoBull, which owns StreamingAsia.com, the leading service provider for Internet audio and video solutions in Asia. Sinobull.com, through its subsidiaries, has already been averaging approximately 1.6 million page views per day since its launch on March 1, 2000.

Patrick Kwan, President of StreamingAsia.com, said ``StreamingAsia.com is honored to have been selected by `In the Mood for Love` to provide streaming media and Web site management. Due to the worldwide appeal of Wong Kar-Wai and Tony Leung, this site is likely to be one of the most visited Internet streaming audio and video sites in Hong Kong.``

``StreamingAsia has once again shown it is the company of choice to first tier clients including world class entertainers and motion picture production companies,`` said Michael Bianco, President and Chief Executive Officer of the SinoBull. ``We congratulate both Mr. Leung and Mr. Wong Kar-Wai for their respective achievements. Through the development of our capabilities and work of our creative staff, StreamingAsia continues to be a leader in expanding the SinoBull online services to leading companies based in Greater China.``

Mr. Bianco pointed out that with high profile clients such as E!Online Tricast and director Wong Kar-Wai, StreamingAsia provides the type of leading edge integrated media and Web development solutions for the expanding television and film industries into the Web-Generation.

With the recent completion of the LogicSpace acquisition, StreamingAsia continues to expand operations as it seeks to provide solutions for an Asian film and entertainment industry that is gaining U.S. attention, and U.S. movies are trying to gain additional access to Asian markets. For American films, U.S. permanent trade relations with China include provisions to double the number of foreign films China allows in its theaters under a revenue-sharing agreement.

About StreamingAsia

StreamingAsia (www.streamingasia.com) provides content publishers Web portals with services for the delivery of ``streaming`` or live and on-demand video and audio content over the Internet. StreamingAsia is a wholly owned subsidiary of SinoBull Group and is responsible for the design, operation and maintenance of SinoBull Group`s Web site.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities.

Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including the development of broadband networks and vertical market focused content for broadband and wireless applications. Detailed information on Hartcourt and its major subsidiary SinoBull, which has developed a financial services Web portal and a platform providing secure online stock trading for major brokerage firms in China, may be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward-looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.

The Financial Relations Board, Inc. serves as financial relations counsel to this company and is acting on the Company`s behalf in issuing this bulletin and receiving compensation therefor. The information contained herein is furnished for information purposes only and is not to be construed as an offer to buy or sell securities.


--------------------------------------------------------------------------------
Contact:

The Hartcourt Companies Inc., Los Angeles
Jack Westfield, 310/410-7290
or
The Financial Relations Board
310/442-0599
Kristen Kopay (investors/analysts)
Carl Dameron (media)


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Questions or Comments?

[Doc Snyder]

Jawohl, und schon hat sich mein Einstieg bei 7,10 Euro gelohnt.
Ich liebe Euch.
H.

[batist]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[panik]

***HRCT LETTER*** - June 3rdDear Shareholders:

As a reminder, please mail your proxies as soon as
possible. Even if you will be attending the Shareholders
Meeting in Las Vegas on June 19th, please send them via
postal mail. If you have not received your proxies and
voting package from Hartcourt, please contact us at
[e-mail] or [phone].

Annual Shareholders Meeting:
Monday, June 19, 2000
10:00 am to 2:00 pm
Las Vegas Country Club
3000 Joe W. Brown Drive

Schedule of Events sponsored by the Hartcourt Foundation:

Sunday, June 18th

9:00 am to 3:30 pm
Optional bus tour of the Valley of Fire. Visit
http://www.anniebananie.com for additional information.
Please contact Ann at [e-mail] for reservations
and tour costs.

6:00 pm to 8:00 pm
Informal no host reception at the Hideaway Lounge next to
the casino at the Treasure Island Resort [phone].
Dr. Phan and other Hartcourt management will be present.


Monday, June 19th

9:00 am
A bus will be available to transport attendees from the
Treasure Island Resort to the Las Vegas Country Club
departing Treasure Island at 9:00 am, Monday morning.
Round-trip cost will be per person payable at the
time of departure.

2:00 pm to 3:00 pm
Hartcourt Foundation information and volunteers meeting
at the Las Vegas Country Club.


We hope to see you there,

The Hartcourt Companies

[batist]

11% im plus,es geht weiter,ich hoffe ihr seit dabei

[batist]

jetzt schon 27%+++

[batist]

wahnsinn am ende 35% im plus

[Habinet]

korregiere 36,21% im Plusssss

wer jetzt nicht einsteigt ist selber Schuld

[batist]

es geht weiter,HAMMER-NEWS
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HRCT.OB
10
+0

delayed 20 mins - disclaimer


Tuesday June 6, 6:03 am Eastern Time
Company Press Release
SOURCE: The Hartcourt Companies, Inc.
Hartcourt Subsidiary to Participate with China Telecom In Campaign to Bring ISP Services to 10 Million New Users
LOS ANGELES, June 6 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT) www.hartcourt.com today announced that its subsidiary, Sinobull.com, has agreed to become a strategic partner in China Telecom`s new campaign to obtain 10 Million new ISP subscribers by the end of 2001. The goal of the China Telecom project is to establish a consumer focused web portal for its ChinaNet ISP called www.sinohome.com, with SinoBull being its primary financial data provider. A major multi-media blast with advertisements promoting www.sinohome.com and other ChinaNet ISP services will be distributed through Chinese-based newsprint, radio and television.

Following the advertising strategy of AOL in the U.S. market, China Telecom intends to mail out 10 Million CD-ROMs in the next 5 months and 20 Million CD-ROMs in the following 12 months to offer a trial period of free ISP service and other promotional services to targeted households in China. The CDs will have the SinoBull logo at the right top corner of the opening page, linking users to the SinoBull.com web site. SinoBull financial software tools will be embedded into the CDs allowing consumers to gain access to real time stock quotes and research as well as the ability to perform on-line trading via the hyperlink with Sinobull.com. In addition, the SinoBull logo and highlights will be printed on the back cover of the first shipment of CDs sent out by China Telecom`s 7,000 distributors.

Dr. Alan Phan, Chairman & CEO of Hartcourt said, ``China Telecom, China`s largest telecom provider, is today in a similar position in the Chinese market as AT&T had been in the U.S. back in the 1960s. They establish the technology trends, and dominate the Chinese market in the areas of telecommunications and the Internet. For SinoBull to be included in their marketing strategy is a great honor. If we get just 5 percent of these new subscribers to log onto SinoBull regularly, we would expect to leapfrog into the number-one position for all financial portals in Greater China. This is an achievable goal which we hope to realize by year-end 2000.``

About China Telecom:

China Telecom is a state-owned company and is the number-one telephone service provider in China. Besides its exclusive land-line phone service, China Telecom is also ranked first in mobile phone subscribers via its subsidiary, China Mobile. Its Internet Service Provider, ChinaNet, has more than 80 percent share of the ISP market.

About the SinoBull Group:

SinoBull is a technology-driven financial services group providing retail investors and financial institutions in Greater China with access to comprehensive financial information and the ability to execute financial transactions online. SinoBull offers these services through four major channels: financial portal, online trading platform, data broadcasting and financial technology solutions. Sinobull.com Ltd. is planning to complete an Initial Public Offering later this year.

About Hartcourt:

The Hartcourt Companies, Inc. is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities.

Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including the development of broadband networks and vertical market focused content for broadband and wireless applications. Detailed information on Hartcourt and its major subsidiary SinoBull, which has developed a financial services Web portal and a platform providing secure online stock trading for major brokerage firms in China may be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies, Inc.


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Questions or Comments?

[Chinese]

PCCW + China Telecom + Hartcourt??

Die big player scheinen sich zusammen zu tun...

Hartcourt geht im Moment ab wie Schmitz` Katze. In drei Handelstagen von 7€ auf > 11€ momentan!

PCCW bestätigt Gespräche mit China Telecom

Ein Sprecher von PCCW (1186) bestätigte, dass das Unternehmen in Gesprächen mit China Telecom´s Mutterkonzern steht. Ziel seinen Kooperationen in mehreren chinesischen Provinzen. Weitere Einzelheiten sollen in Kürze bekannt gegeben werden.

Quelle: www.asiainternet.de

[batist]

es geht wieder weiter
12% im plus

[batist]

jetzt schon 25%!!!

[batist]

das sind immer noch einstiegskurse!

[batist]

und schon wieder news
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HRCT.OB
10 3/8
+5/16

delayed 20 mins - disclaimer


Thursday June 8, 9:01 am Eastern Time
Company Press Release
SOURCE: The Hartcourt Companies Inc.
SinoBull Group Selected by Anshan Securities Co. To Provide Online Trading in Shanghai
Strategic Alliance Between Hartcourt`s Subsidiary and China`s Leading Brokerage Firm Is Another Step to Solidify SinoBull`s Market Position in China
LOS ANGELES, June 8 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com, today announced that its SinoBull subsidiary was selected by Anshan Securities, a leading Chinese securities firm, to provide a complete online trading solution based on UAC`s platform to Anshan`s regional offices in Shanghai. Installation of the system utilizing China Telecom`s 162 secured packet data networks is expected to begin immediately. SinoBull Group and Anshan Securities also signed a strategic alliance memorandum that calls for a multi-year technology provider and preferred client relationship. The alliance will further expand Anshan Securities` online trading capability to all other regional offices after the initial implementation in Anshan`s Shanghai branch office.

In 1999, China Telecom and UAC Stock Trading Online, now a SinoBull Group subsidiary, formed a strategic partnership relationship. UAC is the first and only operating agent to utilize the China Telecom`s national packet data network (ChinaPac, or 162 network). UAC has since started to deploy a national stock online trading network based on ChinaPac. The network, built and operated by China Telecom, was designed to transmit sensitive financial data nationwide in a fast and secure manner.

Jiang Tai, President of Shanghai Guo Mao, now also a SinoBull Group subsidiary, said that the Anshan Securities is a leading and well-respected full service securities firm in China. Anshan`s Shanghai office is the first securities brokerage firm in Shanghai to use China Telecom`s 162 network. We are very pleased to work with Anshan Securities to introduce SinoBull`s online trading platform and solutions to Shanghai`s financial industry.

Dr. Charlie Yang, Chief Operating Officer of Hartcourt commented: ``Our strategic alliance with Anshan Securities reflects both parties` commitment in jointly promoting advanced online trading technology and products to financial institutions in Shanghai. Shanghai has developed very fast over last few years and could surpass Hong Kong in next 5 to 10 years as the new financial center in China. This is also the first step in a possible joint venture between Hartcourt and Anshan Securities once the Chinese government allows foreign participation in brokerage services.``

About the Anshan Securities:

Anshan Securities was established in 1988 based in Liaoning Province upon the approval by the People`s Bank of China. The Company is the first member of China Securities Association, and is the member of Shanghai Stock Exchange, Shenzhen Stock Exchange, and All-China Stock Exchange Joint Quotation System. The Company has 14 business offices and over 500 staff members.

About the SinoBull Group:

SinoBull is a technology-driven financial services group providing retail investors and financial institutions in Greater China with access to comprehensive financial information and the ability to execute financial transactions online. SinoBull offers these services through four major channels: financial portal, online trading platform, data broadcasting and financial technology solutions. SinoBull.com Ltd. is planning to complete an Initial Public Offering later this year.

About Hartcourt:

The Hartcourt Companies, Inc. is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities.

Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including the development of broadband networks and vertical market focused content for broadband and wireless applications. Detailed information on Hartcourt and its major subsidiary SinoBull, which has developed a financial services Web portal and a platform providing secure online stock trading for major brokerage firms in China may be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies Inc.


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[batist]

die nächste hammer-news
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HRCT.OB
11
+0

delayed 20 mins - disclaimer


Monday June 12, 9:03 am Eastern Time
Company Press Release
Hartcourt Subsidiary to Deliver Financial Content to Nokia Mobile Phones Distributed in China
Nokia`s GSM Handsets and Future Wireless Products Will Utilize Sinobull`s Financial Data Feed and Platform
LOS ANGELES--(BUSINESS WIRE)--June 12, 2000-- The Hartcourt Companies Inc. (OTC:HRCT - news; Frankfurt:HCT), www.hartcourt.com, today announced that its subsidiary, Shanghai Guo Mao Financial Corporation, a company owned by Hartcourt`s Sinobull Group, has signed a strategic alliance agreement to form a joint development partnership with a China`s top tier Nokia distributor, Shanghai Industry Foreign Trade Telecom Corporation (SIFTT). The multi-year joint development effort will offer Chinese mobile users new Nokia handsets and wireless data terminal products integrated with Shanghai Guo Mao`s leading financial content.

Since SIFTT is also a Nokia (NYSE:NOK - news) authorized value added developer, the partnership will provide multimedia information services over not only the existing Nokia`s GSM handsets distributed in China, but also on future Nokia`s wireless data terminals, including Nokia`s 7110 and newer model phones using Wireless Applications Protocol (WAP). The strategic partnership allows Shanghai Guo Mao`s financial software and information tools to be integrated or bundled into SIFTT`s manufactured and distributed Nokia products. Further alliances are also defined to jointly develop a series of new financial data terminals specifically developed and marketed in China.

``With over 50 million GSM mobile subscribers today in China, the potential for accessing financial information via handset is enormous,`` said Chief Operating Officer Dr. Charlie Yang. ``China is fast growing and will be the largest wireless market in the world. Through this strategic alliance, we can utilize SIFTT`s technical and marketing expertise to incorporate our Shanghai Guo Mao`s leading financial contents into Nokia`s handsets and multimedia products distributed in China. These financial contents may include real-time market data, stock quotes, market and financial news, online trading, and integrated technologies and services customized for Chinese mobile users.``

About Shanghai Industry Foreign Trade Telecom Corporation (SIFTT)

Shanghai Industry Foreign Trade Telecom Corporation (SIFTT) is a top tier Nokia product distributor in China. It is also a Nokia authorized applications developer for all Nokia`s GSM handsets, wireless data, and multimedia terminal products distributed in China. It is headquartered in Shanghai and is the largest Nokia handset distributor and value added reseller in eastern China region.

About Shanghai Guo Mao

Guo Mao, a subsidiary of Sinobull Group, is principally engaged in the business of developing financial content for access over various media networks in China. The company`s programs cover financial information relating to Chinese and other Southeast Asian markets, as well as those in Europe and the United States. Guo Mao is the leading provider of real-time financial information and financial-related software to securities brokers, financial institutions, corporations, financial service companies, as well as individual investors in China.

About The SinoBull Group:

SinoBull is a financial services integrator, which enables Mainland brokerage firms to provide online stock trading to its customers, over SinoBull`s secure nationwide Virtual Private Network UAC162, which is separate from the Internet. With much concern and restriction to Internet-based trading in China, the SinoBull.com portal acts as secure docking station between the Internet and the UAC162 intranet, providing the best of both worlds (Internet access by investors to input trade decisions & transactions delivered and processed over a secure network by attached brokerages). SinoBull`s clients are leading securities firms in China, including giant China Securities (Hua Xia Securities, www.csc.com.cn), Guosen Securities (www.guosen.com.cn), Xiangcai Securities (www.xcsc.com) and Anshan Securities.

In addition, the portal SinoBull.com also provides real-time financial news, market data, analysis and commentary; rising quickly in popularity from its launch (March 2000), now receiving 1.6 million page views daily. Assisted in software development by a Hartcourt subsidiary, Legend Computers (China`s largest computer manufacturer) developed the set top box ``Stock Easy,`` which is enabled to access SinoBull.com for secure online trading. This turnkey solution provides ease of connection for the many investors who have access to the much more common cable TV line. The Chinese cable TV market is estimated at 80 million households, as compared to a US base of 68 million.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including developing broadband networks and vertical market focused contents for broadband applications. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.


--------------------------------------------------------------------------------
Contact:

The Hartcourt Companies
Jack Westfield, 310/410-7290


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Questions or Comments?

[splash_10]

hallo,

habe gerade eine kaufempfehlung für "hartcourt" von einem trader erhalten.

dazu muß ich sagen, daß ich überhaupt nichts über diesen wert weiß.

daher wäre ich sehr dankbar, wenn ich hier ein paar ehrliche meinungen von euch erhalte.

sollte man jetzt unmittelbar einsteigen oder noch warten? evtl. diesen wert derzeit ganz meiden?

ich danke jedem schon jetzt im voraus für ehrliche tips.

[silversurfer11]

schau im Branchenforum Internet.
Grüße silversurfer11

[batist]

splah_10
schaue dir alleine die news die ich hier reingestellt habe,dann weißt du bescheid,oder unter hartcourt.com,lese es dir durch,entscheide selber,meine meinung ganz klarer kauf!

[fuel cell]

H A R T C O U R T - VERSION 1.4 (12.6.2000)

DEFINITION

Amerikanische Internet-Beteiligungsgesellschaft, deren Focus auf dem Internet-Markt der Zukunft liegt: Asien/China

Liefert Finanzinformationen, die u.a. Realtime-Kurse, Stock Quotes, Markt- und Finanz- News, Online trading beeinhalten . Dieser Service kann über Set-Top-Boxen, PC`s, Mobiltelefone oder für mobile Terminals bereitgestellt werden.


HAUPTZIELE(Hartcourt)

Gewinn und Wachstum durch den Erfolg ihrer Beteiligungsgesellschaften.

Kernkompetenz der einzelnen Gesellschaften so kombinieren, daß ein schlagkräftiges Gesamtkonzept und ein Maximum an Synergien entsteht.

Weitere Joint-Ventures und Partnerschaften aufzubauen.


HAUPTZIEL(Beteiligungen)

Die Nr.1 im Bereich Finanzinformationen und Online-Trading in Cina zu werden

Zu den Top Internet Company`s in Asien gehören


BETEILIGUNGEN

~~~~~~48 % Sinobull.com/HuaNia.com~~~~~~

Achtung, nach dem Sinobull.com IPO ist die Beteiligung nur noch 38%

Finanz-und Online-Trading Portal, besitzt

~100 % UAC~
Anbieter von Online-Trading für Brokerage-Firmen in China

~100% FinTel~
Information Service Provider, spezialisiert auf Real-Time-Übertragung von Finanzdaten und -nachrichten über Festnetz- bzw. Wireless-Systeme

~100% Streaming Asia~
Top Internet Software Company in Hong Kong. Liefert Streaming Media Lösungen und gestaltet Webseiten.

~100 % Shangdi Network~
Strategisch, um beteiligt zu sein an:

~35% Hua Xia Network~
China`s Finanzdaten-Anbieter Nummer 1 - ähnlich Bloomberg TV and CNBC. Entwickelte Set Top Box in Partnerschaft mit Legend Holding, dem grössten Computerhersteller in China, und Microsoft um Benutzern Online-Trading
zusätzlich zum Internet-Zugang verfügbar zu machen. Auf diesen Set Top Boxen wird Sinobull.com als Finanzportal voreingestellt sein, wodurch Sinobull.com zum Finanzportal Nr. 1 in China aufsteigen kann.

~100% Guo Mao~
Real-Time Finanzdaten-Anbieter in Shanghai (China) ao


~~~35% Innostar~~~

Bereitstellung von wireless ISP und IP Phone Service via Satellit in China


~~~30 %eMPACT Solution Inc. ~~~

Spezialisierung auf Webhosting, Systemdesign und -management, Transaktionsauslastungs- und Sicherheitsüberwachung für E-Commerce Firmen.

Eine der größten chinesischen Web Management Companys, die Hostdienstleistungen für B2B E-Commerce und B2B Auction Business anbietet.


~~~ 10 % ESAT ~~~

US-Technologie-Firma, spezialisert auf high-speed Internetverbindungen via Satellit


Hauptsitz

Los Angeles


Marktkapitalisierung

Ca.30 Millionen Shares,

Marktkapitalisierung ($) = Kurs * 30 Millionen ($)


Homepages

http://www.hartcourt.com
http://www.sinobull.com
http://www.innostar.com/zhuye/zhuyew.htm
http://www.asianetvest.com.hk/
http://www.streamingasia.com/servlet/dispatcher?lang=en&what…
http://www.radiocompu.com


Allgemein

HRCT-CEO: Dr. Phan

Die Jahreshauptversammlung fiindet am 19 Juni 2000 in Las Vegas statt.

Shareholder, die Teile des E&Y-Finanzreport einsehen wollen, erhalten Informationen unter http://www.hartcourt.com/i/exec-letter2.htm


Positiv

HRCT-NASDAQ-NMS-Listing (2-3 Q 00)
Aufstieg vom NASDAQ OTC-BB zum NASDAQ-NMS-Wert ermöglicht fairen und MM unabhängigen US-Kurswert. Top-Investmenthäuser werden Analysen herausbringen.

Sinobull.com Marktkapitalisierung / IPO Sinobull.com (3-4 Q 00)
Konservative sinobull.com Bewertung soll bei 400 Millionen $ liegen.
Nach IPO an GEM (später NASDAQ) ist höheren Bewertung denkbar : 800-1200 Millionen $

Sinobull.com Beteiligung
HRCT-Shareholder werden voraussichtlich an der IPO beteiligt => schöne, Kursgewinne

Sinobull.com CEO
Präsident und CEO Michael Bianco, Garantie für den sinobull.com durch erstklassige Investment-Erfahrung und politischen Kontakte (u.a. zu China`s Präsidenten)
http://www.hartcourt.com/i/pressrelease031500.htm

Sinobull.com und Merill Lunch Kaufangebot
Sinobull.com`s Wertschätzung zeigt ein Angebot von Merill Lynch (Angebot 85% zu kaufen)

Innostar MK / IPO Innostar (2-3 Q 01)
Bewertung Innostar soll erheblich höher als Sinobull.com liegen (? 2000 Millionen ?)
IPO ist nächstes Jahr geplant. The Innostar project is still scheduled to begin development (Mai 2000)

Asien / China / WTO
Positionierung im zukünftig größten und aktuell am stärksten wachsendem Internetmarkt.
China`s andere Kultur und Regeln verzögert ein rasches Auftreten von US-Giganten.
Der Bonus in China lange, gute Kontakte und Vertrauen (!) zu besitzen ist unschätzbar und verhindert ein erfolgversprechenden Aufkauf Hartcourts.

Hartcourt is currently involved in negotiations with a major ISP company. Hartcourt`s intention is a minority ownership position in the company, and beginning the IPO process immediately after. As to when the IPO would be on the market, it very well could be in the 4th quarter of 2000. Hartcourt`s intention, as with all of its planned IPO`s, will be to allow pre-IPO purchase for long-term holders of Hartcourt, based on a ratio of shares held to shares made available to Hartcourt shareholders.

(März 2000) UAC signed a contract to provide online stock trading to the offices of Gousen Securities of Shenzen.

(28 April 2000) UAC signed a contract to provide online stock trading to the offices of Xiangcai Securities

(10. Mai.2000) Hartcourt wird mit China Law zusammenarbeiten, das chinesische Unternehmen hat nach Firmenangaben die einzige Lizenz für 15 Jahre zur Veröffentlichung und jeglicher Übersetzung von Entscheidungen des höchsten Gerichts in China erhalten. Die Holding will über Unternehmen an denen sie beteiligt ist den Zugang zur chinesischen Rechtssprechung über das Internet ermöglichen.

(15. Mai.2000) StreamingAsia.com, has been selected by Chinese Sports Syndicating Company Ltd., to provide streaming media service to sports fans on the Internet.

(25. Mai 2000) Shanghai Guo Mao Financial Corporation, has formed a strategic partnership with China Broadcast and Television Cable Networks Ltd., also known as China Cable Networks (CCN).

(2. Juni 2000) StreamingAsia.com, will provide movie trailers and highlight segments via the Internet to the fans of one of Hong Kong`s most distinctive filmmakers.

(4.Juni 2000) Es zeichnet sich ein Content Agreement zwischen Sinobull.com und Yahoo ab

(6. Juni 2000) Strategische Partnerschaft von Sinobull.com mit China Telecom
Sinobull.com wird der Hauptdatenanbieter im Finanzbereich für das Portal www.sinohome.com von China Telecom. C.T. wird, ähnlich wie AOL in den USA, in den nächsten 12 Monaten bis zu 20 Milll CD-ROMs kostenlos in China verteilen. Mit diesen CDs ist es möglich für einen Testzeitraum kostenlos ins Internet zu kommen. Auf jeder Startseite der CD ist das Sinobull-Logo mit einem direkten Link zur Sinobull.com-Seite.
Dr. Phan, der CEO von Hartcourt, sieht die Position von China Telecom ähnlich der von AT&T in den 60er in den USA. Durch diese Kooperation mit China Telecom hofft er, dass Sinobull.com das größte Finanzportal in China bis zum Jahresende wird.

(6. Juni 2000) Hartcourt verfolgt die Idee, ein ähnliches Modell wie CNBC in China aufzubauen

(08. Juni 2000) SinoBull`s strategische Allianz mit Anshan Securities. Die gesamte Onlinehandelsplattform soll für die Zweigstellen von Anshan Securities durch SinoBull geliefert werden.

(12. Juni 2000) Shanghai Guo Mao Financial Corporation strategische Allianz mit Shanghai Industry Foreign Trade Telecom Corp., einem Distributor von Nokia Chinesische Kunden soll über mehrere Jahre auf neuen Nokia - Mobiltelefonen und anderen mobilen Terminals mit den Finanznachrichten von Shanghai Guo Mao Financial Corporation versorgt werden. Bei derzeit fünfzig Millionen GSM - Mobiltelefonkunden in China sieht man eine große Nachfrage für diese Nachrichten.


Negativ

An der OTC gehandelte Werte sind starken Kursschwankungen unterworfen.

Hartcourts-Erfolg ist stark abhängig von China`s Regierung und dem Erfolg der CEO`s. Ein Rüchtritt o. ä. von Dr. Phan / M. Bianco könnte erhebliche Kurskonsequenten nach sich ziehen

Aktueller Kurswert extrem unterbewertet. Zum HRCT-ATH (20) sind es + 230%, wobei innerhalb der 20 nach m.M. keine Zukunftsperspektive (1-2 Jahren) mit eingepreist ist.

Warnung von HRCT CEO Dr. Phan
In past letters, I have warned shareholders of the short-term risks and the burst of the Internet bubble. I kept repeating that if you are a daytrader, or an investor who cannot afford to hold long, please sell your shares.
Quelle : http://www.hartcourt.com/i/ceo-letters16.htm


Fazit

Hartcourt könnte zum Blue-Chip in China aufsteigen. Die Akzeptanz und politischen Beziehungen in diesem Land, der Besitz von zwei gültigen ISP-Lizenzen, die Phantasie in China (über Satelit) Finanz-und Online-Trading aufzubauen und vom zukünftig weltweit größten Internet Kundenpotential zu profitieren, könnte eine extrem lohnenswerte Vision sein.

Strategische Partnerschaften wie z. Bsp. zu Yahoo, China Telecom, Nokia, Legend Computer unterstreichen das Vertrauen in die Leistungsfähigkeit Hartcourts.


~~~Extrem konservative Bewertung~~~

Annahme: Sinobull.com (400 Millionen) u. Innostar (1000 Millionen)

Hartcourt MK = 150 Mio (sinobull.com 38%) + 350 Mio (35% Innostrar) = 500 Mio
Hartcourt Share Price = 25 $

~~~Spekulative Bewertung~~~

China Internet Users : 20 Millionen (2001), 205 Millionen (2010)

5 % der 20 Mio I-User handeln Aktien , jeder fünfte mit sinobull.com = 200 000 User

Direktanlagebank <=> 180 000 Usern <=> 5 000 Mio $

sinobull.com <=> 200 000 User <=> ca 5 000 Mio $ (?)

Hartcourt 38 % von 5 000 Mio = 1 900 Mio

Hartcourt MK 2001 : = 1 900 Mio (?)
Hartcourt Share Price 2001 = 90 $ (?)
Hartcourt Share Price 2010 = Faktor 10 ? = 900 $ (???)


Hinweis

Diese bereitgestellten Daten sind eine Sammlung aus Internetinformationen. Daher keine Garantie für Richtigkeit, Genauigkeit und Gültigkeit. Sie dienen lediglich der Informationen und stellen K E I N E Kaufempfehlung dar. Der Author besitzt Hartcourt-Aktien.


Viel Glück,
Fuel Cell

[batist]

WOW!NEWS_HARTCOURT+YAHOO
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Related Quotes

HRCT.OB
12 23/32
+23/32

delayed 20 mins - disclaimer


Thursday June 15, 9:08 am Eastern Time
Company Press Release
Hartcourt Confirms Subsidiary Has Entered Into Profit Sharing & Content License and Usage Agreement With Yahoo! Holdings Ltd.
Sinobull.com To Co-Brand Content with Yahoo! China Finance
LOS ANGELES--(BUSINESS WIRE)--June 15, 2000-- The Hartcourt Companies Inc. (OTC:HRCT; Frankfurt: HCT), www.hartcourt.com, today confirmed that its subsidiary, SinoBull Group, has signed a profit sharing content license and usage agreement with Yahoo! Holdings Ltd., the Hong Kong subsidiary of Yahoo! Inc. (NASDAQ: YHOO - news).

The agreement calls for Yahoo! China to host a number of co-branded pages containing proprietary financial content provided by SinoBull, including: http://cn.biz.yahoo.com/fnews/sinobull/, http://cn.biz.yahoo.com/fnews/general/sinobull/, http://cn.biz.yahoo.com/fnews/individual/sinobull/, and http://cn.biz.yahoo.com/fnews/domestic/sinobull/.

Under the terms of the agreement, SinoBull Group has licensed to Yahoo! Holdings global non-exclusive rights to deliver proprietary SinoBull content over the Internet or any wireless or electronic format delivering Yahoo! media. Yahoo! can modify, copy, publish, show, or transmit the licensed content, including but not limited to Chinese formats.

SinoBull has also licensed to Yahoo! Holdings the global non-exclusive right for Yahoo! users to download and print the licensed content for personal usage.

The agreement defines a fee-based and advertising profit sharing arrangement between Yahoo! Holdings and SinoBull from those content pages containing the SinoBull trademark or logo.

Dr. Alan Phan, Chairman & CEO of Hartcourt commented, ``We are certainly pleased to be chosen as a financial content service provider for Yahoo! China. It proves that our Sinobull.com is not just a leading online financial portal. Based on our subsidiaries` past successful track records, SinoBull Group is offering the most advanced IT solutions and content to financial industries and other major media partners in China.``

About The SinoBull Group

SinoBull is a financial services integrator, which enables Chinese brokerage firms to provide online stock trading to its customers, over SinoBull`s secure nationwide Virtual Private Network UAC162, which is separate from the Internet. With much concern and restriction to Internet-based trading in China, the SinoBull.com portal acts as secure docking station between the Internet and the UAC162 intranet, providing the best of both worlds (Internet access by investors to input trade decisions & transactions delivered and processed over a secure network by attached brokerages). SinoBull`s clients are leading securities firms in China, including giant China Securities (Hua Xia Securities, www.csc.com.cn), Guosen Securities (www.guosen.com.cn), Xiangcai Securities (www.xcsc.com) and Anshan Securities.

In addition, the portal SinoBull.com also provides real-time financial news, market data, analysis and commentary; rising quickly in popularity from its launch (March 2000), now receiving 1.6 million page views daily. Assisted in software development by a Hartcourt subsidiary, Legend Computers (China`s largest computer manufacturer) developed the set top box ``Stock Easy``, which is enabled to access SinoBull.com for secure online trading. This turnkey solution provides ease of connection for the many investors who have access to the much more common cable TV line. The Chinese cable TV market is estimated at 80 million households, as compared to a US base of 68 million.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including developing broadband networks and vertical market focused contents for broadband applications. Detailed information on Hartcourt can be obtained via the company`s web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

NOTE: Yahoo! and the Yahoo! logo are registered trademarks of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners.


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Monday June 19, 7:01 am Eastern Time
Company Press Release
Hartcourt to Invest in China Online, Largest Private ISP in China
Hartcourt and Rayes Group Will Develop COL into a Commercial Broadband ISP in China
LOS ANGELES--(BUSINESS WIRE)--June 19, 2000--The Hartcourt Companies Inc. (OTC:HRCT - news; Frankfurt:HCT), www.hartcourt.com, today announced that it has reached an agreement in principal to joint venture with Shenzhen Rayes Group to provide investment and technical support to COL (China Online, www.col.com.cn), the largest privately owned ISP in China.

The agreement calls for Hartcourt to support COL`s new business strategy and implementation plans, including broadband Internet infrastructure developments. COL currently has 105 wholly owned or joint-ventured subsidiaries covering all major provinces and cities in The Peoples Republic of China (China). Since its inception in 1994, COL and these subsidiaries have developed more than 80 COL-branded portals with localized content. At present, the ISP business of COL has more than 240,000 customers.

The closing of the Hartcourt`s acquisition and investment into China Online is contingent upon the completion of three steps: (1) COL`s to develop a new business plan satisfactory to Hartcourt`s broadband ISP strategy in China; (2) Completion of a due diligence process by a leading U.S. investment bank appointed by Hartcourt and Rayes to value COL`s business; and (3) All necessary legal documents being completed and approved by Chinese authorities and all parties.

According to People`s Post & Telecommunications, the official newspaper of Ministry of Information Industry of China, E-commerce and China are now converging. As of June 7, 2000, China has more than 270,000 registered Internet domain names.

By June 5, China had 90,817 Web sites with registered ``.cn`` China domain names, up 50% from 60,267 Chinese domain names recorded by May 2000. These numbers indicate the explosive growth in China`s business Internet service market. Since 1999, COL has shifted its ISP strategy toward mainly business Internet services, and thus the number of individual ISP subscribers has decreased since and the business customer base is growing.

Dr. Alan Phan, chairman & CEO of Hartcourt, said: ``Given the fact that China is rapidly deploying its fiber-optic capacity for broadband ISP services and other wireless applications, Hartcourt has been aggressively developing and evaluating our business partners in China for a timely investment and broadband Internet infrastructure development.

``Once the WTO is approved and implemented, we want to be sure that Hartcourt is the first foreign company to participate directly in China`s broadband Internet market growth. Our agreement with COL is one option we have been evaluating, and we are excited about the backbone infrastructure that COL provides for potential business growth on a nationwide scale.``

About Shenzhen Rayes Group and COL (China Online)

Shenzhen Rayes Group is registered in Shenzhen, and its main business is in developing network infrastructure and services via China Online (COL). Since 1994, COL has deployed a large-scale ISP network with national coverage of 105 major cities in China. COL was approved by MII (Ministry of Information Industry, formerly Ministry of Post and Telecommunications) in 1997 as a national ISP and related services provider. COL and China Telecom`s 169 national ISP network has a strategic alliance since 1998.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of internet and telecommunication service companies in The People`s Republic of China, including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities.

Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including developing broadband networks and vertical market focused contents for broadband applications. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-Looking Statements

Certain statements in this news release may constitute ``forward-looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.


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Monday June 26, 7:01 am Eastern Time
Company Press Release
Hartcourt`s SinoBull Subsidiary Establishes Strategic Alliance With China`s People`s Daily
Shanghai Guo Mao to Provide Content for Leading Financial Newspaper in China
LOS ANGELES--(BUSINESS WIRE)--June 26, 2000--The Hartcourt Companies Inc. (OTC:HRCT - news; Frankfurt:HCT), www.hartcourt.com, today announced that its SinoBull subsidiary, Shanghai Guo Mao, has established a strategic alliance with International Finance News, a leading financial newspaper published by People`s Daily in China.

Shanghai Guo Mao, a leading network provider of financial products relating to futures and equities, will provide financial content, including daily market index charts and currency charts, to International Finance News for its ``International Currency`` and ``Stock Market`` sections.

International Finance News is published daily by People`s Daily in three editions: Overseas, East China and South China. Shanghai Guo Mao will act as one of two content providers for market index charts; the other is the Reuters Group, a worldwide leading financial information and news group.

Dr. Alan Phan, chairman and CEO of Hartcourt, said: ``People`s Daily is among the most widely read newspapers in China. We are honored that Shanghai Guo Mao has been selected along with Reuters to be a financial content provider. This alliance is a clear indication of the success of our Chinese subsidiaries in providing high-quality financial information, as well as the recognition that SinoBull has achieved status as an authoritative resource.``

About People`s Daily

People`s Daily, first published in 1948, publishes nine newspapers and six magazines. For more information, visit (www.peopledaily.com.cn) and International Finance News (www.intfn.com).

About Shanghai Guo Mao

Guo Mao is a subsidiary of SinoBull Group. It is principally engaged in the business of developing financial content for media and broadcasting networks in China. The company`s programs cover information relating to Chinese and other Southeast Asian markets, as well as those in Europe and the United States.

Shanghai Guo Mao is the leading provider of real-time financial information and financial-related software to securities brokers, financial institutions, corporations, financial service companies and serious individual investors in China.

About the SinoBull Group

SinoBull is a technology-driven financial services group providing retail investors and financial institutions in Greater China with access to comprehensive financial information and the ability to execute financial transactions online.

SinoBull offers these services through four major channels: financial portal, online trading platform, data broadcasting and financial technology solutions. Sinobull.com Ltd. is planning to complete an initial public offering later this year. Their proprietary content is available at www.sinobull.com.

About Hartcourt

The Hartcourt Companies Inc. is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities.

Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including the development of broadband networks and vertical market focused content for broadband and wireless applications.

Detailed information on Hartcourt and its major subsidiary SinoBull, which has developed a financial services Web portal and a platform providing secure online stock trading for major brokerage firms in China may be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward-looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking-statements to differ materially from the forward-looking statements.

The Financial Relations Board Inc. serves as financial relations counsel to this company and is acting on the company`s behalf in issuing this bulletin and receiving compensation therefor. The information contained herein is furnished for information purposes only and is not to be construed as an offer to buy or sell securities.


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Thursday June 29, 7:00 am Eastern Time
Company Press Release
Hartcourt Subsidiary Develops Revolutionary Wireless Online Solution for China Markets
Device Integrates Hewlett-Packard & Microsoft Products with Proprietary China Telecom WAP Technology
LOS ANGELES--(BUSINESS WIRE)--June 29, 2000-- The Hartcourt Companies Inc. (OTC:HRCT - news; Frankfurt:HCT), www.hartcourt.com, today announced that its SinoBull subsidiary, UAC Stock Exchange Online, has developed the ``Pocket 162,`` a revolutionary secure wireless solution for Chinese-based users that provides Internet access as well as online trading capabilities for Chinese investors and brokerages.

This Wireless Application Protocol (``WAP``) enabled hand-held device, which offers anywhere, anytime wireless Internet access, was successfully demonstrated at a recent financial technology workshop in Beijing that was jointly organized by UAC Stock Exchange Online, China Telecom, the Beijing Government Technology Council, and the National Telephone & Telegraph Bureau.

With China Telecom (``CT``) developing its own WAP applications (www.169wap.net), UAC has been granted a license to use CT`s technology for the ``Pocket 162`` and other PDAs that UAC is developing for use in China`s emerging wireless market.

``Pocket 162`` is the first product of its kind to provide Internet access in Chinese language and color images while providing a real-time secure online trading environment for mobile users accessing the UAC162 Network. The technical team at UAC Stock Exchange Online developed this solution by adapting Hewlett-Packard hand-held PCs and Microsoft`s Windows CE operating system to the SinoBull stock trading platform, which is currently being employed by several of China`s top securities firms.

The integrated ``Pocket 162`` product dimensions are 7.4 x 3.7 x 1.3 inches (18.9 x 9.5 x 3.4 cm) and weighs 1.1 lbs. (510 g) with battery, wireless PC card and antenna.

UAC Stock Exchange Online is the first and only operating agent of the 162 data network, known as ChinaPAC, a virtual private network extending throughout China that was designed to quickly transmit sensitive financial data in a secure mode. With many of China`s Web surfers deeply worried about network security, SinoBull provides a secure medium for investors to make stock transactions with their brokerage firm.

Simon Zhang, president of UAC Stock Exchange Online, said: ``With this newly developed solution, a mobile investor can execute online stock trades whenever the user turns on an HP or Windows CE handheld PC equipped with our `Pocket 162` technology. No dial-up is required for access to SinoBull`s online trading portal, and with a paid subscription, the user can also access the Internet via Microsoft`s standard Web browser.

``The introduction of `Pocket 162` proves that we are assuming a leadership position in making the mobile Internet a reality in China through our collaboration and strategic alliance with China Telecom.``

Dr. Charlie Yang, chief operating officer of Hartcourt, stated: ``With today`s financial markets moving at a faster pace, it`s important for our customers to stay connected, even when they are on the move. The successful introduction and demonstration of the `Pocket 162` mobile Internet solution is another indication that SinoBull Group has the capabilities to develop leading-edge technologies and deliver market-needed practical solutions at affordable prices. We expect that our customers will be very interested in this new and compelling product.``

About China Telecom

China Telecom is the major telecommunications service provider in China. The Data Communications Bureau (DCB) of China Telecom has established public data networks including ChinaNet (163) and ChinaInfo (169), as well as ChinaPAC (162) utilized by UAC Stock Exchange Online. These networks cover more than 4,000 cities across China, providing many types of data services to Chinese customers across the country.

About The SinoBull Group and UAC Stock Exchange Online

SinoBull Group and its subsidiary, UAC Stock Exchange Online, is a financial services integrator that enables China-based brokerage firms to provide online stock trading to its customers over SinoBull`s secure nationwide Virtual Private Network UAC162, which is separate from the Internet.

The SinoBull.com portal acts as secure docking station between the Internet and the UAC162 intranet, providing the best of both worlds (Internet access by investors to input trade decisions & transactions delivered and processed over a secure network by correspondent brokerage offices).

SinoBull`s clients are among the leading securities firms in China, including giant China Securities (Hua Xia Securities, www.csc.com.cn), Guosen Securities (www.guosen.com.cn), Xiangcai Securities (www.xcsc.com) and Anshan Securities.

SinoBull is recognized as a leader in providing comprehensive financial information on China`s markets by its content relationships with Yahoo! China (http://cn.yahoo.com/fnews/sinobull), a subsidiary of Yahoo!

About Hartcourt

The Hartcourt Companies Inc. is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities.

Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including developing broadband networks and vertical market-focused content for broadband applications. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-Looking Statements

Certain statements in this news release may constitute ``forward-looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ materially from the forward- looking statements.

The Financial Relations Board Inc. serves as financial relations counsel to this company and is acting on the company`s behalf in issuing this bulletin and receiving compensation therefore. The information contained herein is furnished for information purposes only and is not to be construed as an offer to buy or sell securities.


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Contact:

The Hartcourt Companies Inc., Los Angeles
Jack Westfield, 310/410-7290
or
The Financial Relations Board Inc., Los Angeles
310/442-0599
Kristen Kopay (General Information)
Carl Dameron (Media Contact)
Ed McNally (Investor/Analyst Contact)


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news07Jul2000 CHINA: SinoBull Group Introduces Comprehensive China-Wide E-Finance Platform at Beijing Ceremony. 11:01 GMT
BEIJING-(BUSINESS WIRE)-July 7, 2000-
SinoBull.com Launch Event Attracts Participants From Leading Chinese Ministries, Media and Industry

The Hartcourt Companies Inc. (OTC:HRCT) (Frankfurt:HCT), www.hartcourt.com, today announced that its subsidiary group, headed by SinoBull.com Inc., has officially launched the most comprehensive China-wide E-finance platform catering to the Chinese financial and investment industries.
In addition to quality financial news, real-time market data, financial analysis and commentary via the SinoBull portal, www.sinobull.com.cn, the SinoBull platform enables brokerages to provide their clients with the ability to securely trade securities online. The news conference was held on July 6, 2000, in the multi-media conference room of the Shangri-La Hotel in Beijing.
The company`s E-finance platform is integrated with a variety of the most advanced Internet, telecommunication and wireless access systems available on the market today. Financial IT solutions are being developed and customized by SinoBull.com`s subsidiaries for leading securities brokerages, investment firms, banks, as well as media companies throughout Greater China.
Access methods and devices linking to the SinoBull platform include PC, data terminal, PalmOS & Windows CE-based Personal Digital Assistants (PDAs) bi-directional pagers, "Stock Easy" cable TV set top boxes, "Pocket 162" handheld PC, and SIFTT`s co-developed enhanced Nokia 7110 line of mobile phones & future models of WAP-enabled Nokia devices. With over 200 participants, the SinoBull launch ceremony and news conference boasted attendees including government officials, corporate executives and dignitaries from the following organizations:
China Securities Commission, China Association of Securities Industry, Ministry of Information Industry (MII), China Telecom Data Communication Bureau, Beijing Government Science and Technology Committee, China Telecom, Jitong Telecom, China Unicom, China Securities, Guosen Securities, Xiangcai Securities, Shouchuang Securities, South China Securities, Yinghe Securities, Zhongxing Securities, Beijing Securities, Zhongkexing Securities, People`s Bank of China, Bank of China, Commerce Bank of China, Communications Bank of China, Construction Bank of China.
Yahoo! China, Sina, Sohu, IBM China, HP China, InnoStar High Tech City, Legend Group, Homeway, Capital Online, China Futures and Commodities Group, CCTV (China Central Television), Beijing TV, People`s Daily, International Finance News, Xinhua News Agency, Guangming Daily, Economy Daily, China Securities Daily, Workers` Daily, China Youth Daily, Science and Technology Daily, Beijing Evening Daily, Beijing Youth Daily, Securities Times Weekly, Securities Daily (also known as Financial News), Beijing Morning News, China Airline Daily, China Daily, and many others.
Michael Bianco, CEO of SinoBull.com Inc., stated, "We celebrate the official presentation of our comprehensive China-wide E-Finance Platform today to China`s securities and banking industries. The introduction allows the SinoBull Group to showcase our state of the art technology and range of products and services to our potential clients and strategic partners. Through the strengthening of our strategic partnerships and the expansion of services our employees are offering to our customers and vendors we are steadily increasing the scope of our value added services to the populace of China."
Alan Phan, Chairman and CEO of The Hartcourt Companies, Inc. added, "The Information Technology revolution has quickly expanded all over the world. With a quarter of the world`s population, China has set to make E-business the fundamental piece of its new economy. We are very excited that we are the foremost American company to directly contribute and participate in the development of infrastructure for China`s new financial networks."

About The SinoBull Group

SinoBull Group is a financial technology developer, integrator and Internet service provider, which enables China brokerage and banking firms to provide online stock trading to its customers, over SinoBull.com`s secure nationwide Virtual Private Network UAC162 (which is separate from the Internet). With much concern and restriction to Internet-based trading in China, the SinoBull.com portal acts as a secure docking station between the Internet and the UAC162 intranet, providing the best of both worlds (Internet access by investors to input trade decisions & transactions delivered and processed over a secure network by correspondent brokerages).
SinoBull`s clients are leading securities firms in China, including giant China Securities (Hua Xia Securities, www.csc.com.cn), Guosen Securities (www.guosen.com.cn), Xiangcai Securities (www.xcsc.com) and Anshan Securities. SinoBull is being recognized as a leader in providing financial information on China`s financial markets through its content sharing relationships with Yahoo! China (http://cn.yahoo.com/fnews/sinobull) and China`s The People`s Daily.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including developing broadband networks and vertical market focused contents for broadband applications. Detailed information on Hartcourt can be obtained via the company`s Website, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

The Financial Relations Board, Inc. serves as financial relations counsel to this company and is acting on the Company`s behalf in issuing this bulletin and receiving compensation therefor. The information contained herein is furnished for information purposes only and is not to be construed as an offer to buy or sell securities.

CONTACT: Hartcourt Companies Jack Westfield, 310/410-7290 or The Financial Relations Board 310/442-0599 Kristen Kopay (General Information) Carl Dameron (Media Contact) Ed McNally (Investor/Analyst Contact).

Source: BUSINESS WIRE 7/7/2000

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Wednesday July 12, 7:00 am Eastern Time
Company Press Release
SinoBull.com Inc. Provides Content to Securities Daily -- the Official Newspaper For China`s Banking & Securities Industries
Hartcourt Subsidiary Delivers Market Sector Analysis and Focused Content Covering Information Technology
LOS ANGELES--(BUSINESS WIRE)--July 12, 2000-- The Hartcourt Companies Inc. (OTC:HRCT - news; Frankfurt:HCT), www.hartcourt.com, today announced that its subsidiary, SinoBull.com Inc., has developed a media content alliance with ``Securities Daily`` (Jinrong Shibao, also known as Financial News), the leading banking and investment industry newspaper in China. Under the terms of the alliance, the SinoBull Group will provide financial content, including special sections for securities in ``Hot Market`` Sectors and those dealing with Information Technologies.

``Securities Daily`` releases comprehensive economic news and important financial statistics from the People`s Bank of China, and also provides information on companies trading both domestically and in international stock markets. It is the leading China-wide source of news and information for the securities and banking industries, published jointly by eight of the top banks in China. The SinoBull Group is already operational in providing customized financial content to the Securities Daily media outlets. In addition to providing financial content to many of the leading dailies in China, SinoBull maintains the leading financial Web site in China, www.Sinobull.com.cn.

Dr. Alan Phan, Chairman and CEO of Hartcourt, said, ``We are very pleased to be selected by Securities Daily as a financial content provider. This alliance is a clear indication of the success of our subsidiaries in China in providing leading edge financial content to such prominent media sources as Securities Daily, International Finance News, published by The People`s Daily, and Yahoo! China (http://cn.yahoo.com/fnews/sinobull), a Yahoo! subsidiary. With the successful July 6 launch of the SinoBull.com secure online stock trading platform and e-finance portal, we anticipate additional newspapers, media sources and financial firms will select us as their strategic partner and financial services provider.``

About the Securities Daily (Jinrong Shibao)

Securities Daily, created in 1987, is published by People`s Bank of China, Industrial & Commercial Bank of China, Agricultural Bank of China, Bank of China, Construction Bank of China, People`s Insurance Company of China, Communications Bank of China and Zhongxin Industries Bank. With a circulation of over 300,000, its primary readership includes executives and decision-makers in financial institutions, commercial banks, securities firms, government branches, local and foreign enterprises, as well as institutional and individual investors.

About The SinoBull Group

SinoBull is a financial services integrator, which enables Chinese brokerage firms to provide online stock trading to its customers, over SinoBull`s secure nationwide Virtual Private Network UAC162, which is separate from the Internet. With much concern and restriction to Internet-based trading in China, the SinoBull.com portal acts as secure docking station between the Internet and the UAC162 intranet, providing the best of both worlds (Internet access by investors to input trade decisions & transactions delivered and processed over a secure network by attached brokerages). SinoBull`s clients are leading securities firms in China, including giant China Securities (Hua Xia Securities, www.csc.com.cn), Guosen Securities (www.guosen.com.cn), Xiangcai Securities (www.xcsc.com) and Anshan Securities.

In addition, the portal SinoBull.com also provides real-time financial news, market data, analysis and commentary, and is rising quickly in popularity, receiving over 1.6 million page views daily. Assisted in software development by a Hartcourt subsidiary, Legend Computers (China`s largest computer manufacturer) developed the set top box ``Stock Easy,`` which is enabled to access SinoBull.com for secure online trading. This turnkey solution provides ease of connection for the many investors in China`s 80 million cable TV markets. Building on the ``anytime, anywhere`` SinoBull access paradigm, SinoBull has partnered with SIFTT in developing wireless financial services for Nokia`s 7110 product line of WAP-enabled mobile handsets, distributed by SIFTT throughout Eastern China.

About Hartcourt

The Hartcourt Companies Inc. is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Its mission is to become one of the leading broadband applications infrastructure providers in Asia, including the development of broadband networks and vertical market-focused content for broadband wireless applications. Detailed information on Hartcourt and its major subsidiary SinoBull, which has developed a financial services Web portal and a platform providing secure online stock trading for major brokerage firms in China, may be obtained via the Company`s Web site, www.hartcourt.com.

Forward-Looking Statements

Certain statements in this news release may constitute ``forward-looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.

The Financial Relations Board Inc. serves as financial relations counsel to this company and is acting on the company`s behalf in issuing this bulletin and receiving compensation therefor. The information contained herein is furnished for information purposes only and is not to be construed as an offer to buy or sell securities.


--------------------------------------------------------------------------------
Contact:

The Hartcourt Companies Inc.
Jack Westfield, 310/410-7290
or
The Financial Relations Board Inc.
310/442-0599
Kristen Kopay (General Information)
Carl Dameron (Media Contact)
Ed McNally (Investor/Analyst Contact)


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einstiegskurse

[batist]

up

[batist]

wir haben klare kaufkurse!in kürzenasdaq listing!

[batist]

am 27.7. ist stichtag--nasdaq

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HRCT.OB
6
+0

delayed 20 mins - disclaimer


Thursday July 20, 8:10 am Eastern Time
Company Press Release
Media Applauds Hartcourt Business Model as Superior for Internet Ventures in China
Chinese Media Identifies SinoBull Financial Group as the Leading E-Commerce and Solution Provider to China`s Financial Industry
LOS ANGELES--(BUSINESS WIRE)--July 20, 2000-- The Hartcourt Companies Inc. (OTC:HRCT; Frankfurt:HCT), www.hartcourt.com, today acknowledged that its SinoBull Financial Group subsidiary received very positive media commentary following its recent official launch in Beijing. The company indicated that China Central Television (CCTV), People`s Daily, China Business Times, China Xinhua News Agency, China Securities, Beijing Morning Post, and many other leading news services reported the successful launch of the group`s ventures, including its e-finance and securities trading platform as well as the nation`s leading online financial portal, www.sinobull.com.cn. The company`s business model was unanimously heralded as being significantly beneficial to emerging Chinese Internet companies.

A detailed report published by The China Business Times (www.cbt.com.cn), stated, ``SinoBull Financial Group`s success in China is a credit to Hartcourt`s China strategy and investment model as initiated by Alan Phan, Chairman of The Hartcourt Companies, and its Chinese management teams. Hartcourt invests in local Chinese companies and operates them as local Chinese companies, in contrast to the practices of other American companies. Hartcourt then provides executive management assistance, technology partners and strategic alliances. Hartcourt`s investment strategy of working together with Chinese Internet companies, along with its long term commitment and deep cultural understanding, is best suited for the fast growing Internet ventures in China.``

CCTV, Xinhua News Agency and China Securities agreed that the in-depth financial content available at www.sinobull.com.cn has established SinoBull as the leading online financial portal in China. ``Features such as `online brokers,` `real time stock analysis,` and `live commentary` are unique to the Chinese online environment.`` The SinoBull platform is the first and only online trading portal approved by the China Securities Commission to provide financial services over a national secured data network. CCTV went on to distinguish SinoBull Financial Group from other portals in China and commented: ``SinoBull has developed a unique and potentially profitable model driven by financial technology and transactional services rather than the typical concept driven or advertising revenue model of most `dot.com` companies.`` The SinoBull Group is 48% owned by Hartcourt.

Dr. Charlie Q. Yang, Chief Operating Officer of Hartcourt Companies stated, ``We are obviously very pleased by the positive reaction from the various Chinese news services that covered our launch. SinoBull Group`s comprehensive e-finance platform and wireless financial services offers an ideal solution for all Chinese securities brokerages, investment firms, banks, as well as media and portal companies. At present, we have achieved a leading marketing position for the SinoBull Group. Following the successful hard launch, the page views of SinoBull.com.cn has climbed to approximately 3 million per market day and our content is now being distributed by some of China`s premier financial publications. Hartcourt and its shareholders should benefit from the progress we have made over the last three months and we plan to continue our practice of expanding through acquisition for the foreseeable future.``

About The SinoBull Group

SinoBull Group is a financial technology developer and Internet service provider. SinoBull`s subsidiaries include: Beijing UAC Stock Exchange Online, Shanghai Guomao Science & Technology, SinoBull Network Technology (formerly Shangdi Networks), Financial Telecom (FTL), StreamingAsia and LogicSpace. In addition to quality financial news, real-time market data, financial analysis and commentary via the SinoBull portals, www.sinobull.com.cn and www.sinobull.com.hk, the SinoBull platform enables brokerage firms to provide their clients with the ability to securely trade securities online. The company`s E-finance platform is an integration of the most advanced Internet, telecommunication and wireless access systems available on the market today. The service platform and collateral content is offered via subscription to leading securities brokerages, investment firms, banks, as well as media companies throughout Greater China.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on three main divisions: the SinoBull E-Finance Platform and wireless financial services; Broadband ISP and Internet infrastructure; and the Financial Transactions Group (online banking, insurance, equipment leasing, mortgages, credit, bill payment, etc.) Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.


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Jack Westfield, 310/410-7290


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[batist]

leute nächste woche geht es ab!bis mittwoch letzte chance billig zu ordern,ich werde montag und dienstag massiv einsteigen

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HRCT.OB
7 3/4
+2

delayed 20 mins - disclaimer


Monday July 24, 7:30 am Eastern Time
Company Press Release
Hartcourt Confirms Merger Talks With Hong Kong Stock Exchange Listed Company
Company Aims to Broaden Activities in Mainland China
LOS ANGELES--(BUSINESS WIRE)--July 24, 2000--The Hartcourt Companies Inc. (OTC: HRCT - news; Frankfurt: HCT), www.hartcourt.com, today confirmed that its chairman and CEO, Dr. Alan V. Phan, is in Hong Kong negotiating the details of a potential merger between Hartcourt and a company listed on The Hong Kong Stock Exchange`s Main Board.

Dr. Phan said, ``We are exploring a business combination with a Hong Kong listed company that would immediately increase the shareholder value of Hartcourt and give the company greater access to the global capital markets. Hong Kong is the Asian hub for most major international investment banking firms. We believe that a Hong Kong listing could equate into greater institutional coverage and participation and that a combination with a well-positioned partner would cement the strategic advantages we currently have in place. Our goal is to create a much larger and dynamic company with double our current shareholder base listed on multiple exchanges. This would be a true `win-win` situation for both companies.``

The parties agreed that pending the outcome of the negotiations, Hartcourt would suspend its current efforts to gain listing onto the Nasdaq NMS.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPO`s or spin-offs focused on three main divisions: the SinoBull E-Finance Platform and wireless financial services; Broadband ISP and Internet infrastructure; and the Financial Transactions Group (online banking, insurance, equipment leasing, mortgages, credit, bill payment, etc.). Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.


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Jack Westfield, 310/410-7290


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[batist]

heute wird in der telebörse(print ausgabe nr.31) hartcourt zum kauf emph.

[batist]

es könnte nächste woche losgehen,dr.phan ceo von hartcourt ist zurück von hong kong bezüglich des merger,werde montag nochmal nachkaufen.

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HRCT.OB
6
+0

delayed 20 mins - disclaimer


Tuesday August 1, 9:03 am Eastern Time
Press Release
SOURCE: Hartcourt Companies Inc.
Hartcourt to Acquire Major Stake In China`s Leading Financial & Securities News Provider
Move Would Greatly Expand SinoBull Financial Group`s Content Assets
LOS ANGELES, Aug. 1 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com, today announced that it has reached an agreement with Shanghai Wind Information Co., Ltd. (WindInfo) to acquire a controlling interest in the leading provider of financial research and news in China. Hartcourt, and its subsidiary, the SinoBull Group, would provide capital and marketing assistance to further expand WindInfo`s market share in conventional media while gaining control of valuable content for the SinoBull E-Finance platform and portal (SinoBull.com). WindInfo (www.wind.com.cn) is China`s #1 Financial Research Content provider, developing original content through its nationwide network. The acquisition is expected to be completed by the end of 2000. Terms of the transaction were not disclosed.

Founded in 1994 in Shanghai, China`s new center for the investment banking and finance industries, WindInfo quickly rose to its #1 position of prominence in the Financial Research industry with quality in-depth reporting. Its main business is the development of proprietary content and research information services. In addition, WindInfo develops and distributes the Wind Securities Information Navigation System software used to access its comprehensive corporate securities information database. The WindInfo`s flagship product (now in its 7th version) is widely used by China`s investment banking and securities brokerage firms. The Shanghai Municipal Government awarded WindInfo ``The High-Tech Model Company`` in 1999. WindInfo has over 1,000 registered corporate clients, including all major investment banks, securities brokerage firms, and media companies and generated a net profit of 3 Million RMB on 9 Million RMB revenues in 1999.

Dr. Alan Phan, Chairman & CEO of Hartcourt said, ``We are very proud of the addition of WindInfo, which will add tremendous resources to the SinoBull Group, particularly synergistic with Guo Mao`s financial research division. They are very respected in China`s financial industry for its high quality financial and securities information services and its value added products and software technology. With over 1,000 corporate subscribers, it has the largest institutional client base in China, including national and provincial branch offices of every major Chinese investment bank and brokerage firm. The addition of WindInfo`s media assets solidifies SinoBull.com`s position as Mainland China`s top financial services portal, offering secure online stock trading, real-time market data, financial analysis & commentary, and now Mainland China`s top source of financial research information. As we continue merger talks with a Hong Kong-listed company, we still maintain our focus on developing Hartcourt`s Internet infrastructure strategy and the development of a 24hr Financial News-Cultural Science TV Channel.``

About Hartcourt:

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPO`s or spin-offs focused on 3 main divisions: the SinoBull E-Finance Platform and wireless financial services, Broadband ISP and Internet infrastructure, and the Financial Transactions Group (online banking, insurance, equipment leasing, mortgages, credit, bill payment, etc.). Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

About The SinoBull Group:

SinoBull is a financial services integrator, which enables Chinese brokerage firms to provide online stock trading to its customers, over SinoBull`s secure nationwide Virtual Private Network UAC162, which is separate from the Internet. With much concern and restriction to Internet-based trading in China, the SinoBull.com portal acts as secure docking station between the Internet and the UAC162 intranet, providing the best of both worlds (Internet access by investors to input trade decisions & transactions delivered and processed over a secure network by attached brokerages). SinoBull`s clients are leading securities firms in China, including giant China Securities (Hua Xia Securities, www.csc.com.cn), Guosen Securities (www.guosen.com.cn), Xiangcai Securities (www.xcsc.com) and Anshan Securities.

In addition, the portal SinoBull.com also provides real-time financial news, market data, analysis and commentary; rising quickly in popularity receiving over 1.6 million page views daily. Assisted in software development by a Hartcourt subsidiary, Legend Computers (China`s largest computer manufacturer) developed the set top box ``Stock Easy,`` which is enabled to access SinoBull.com for secure online trading. This turnkey solution provides ease of connection for the many investors in China`s 80 million cable TV market. Building on the ``anytime, anywhere`` SinoBull access paradigm, SinoBull has partnered with SIFTT in developing wireless financial services for Nokia`s 7110 product line of WAP-enabled mobile handsets, distributed by SIFTT throughout Eastern China.

Forward-looking statements:

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: Hartcourt Companies Inc.


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HRCT.OB
5 15/16
+1/32

delayed 20 mins - disclaimer


Friday August 4, 9:00 am Eastern Time
Press Release
SOURCE: Hartcourt Companies, Inc.
Hartcourt Capital Inc. Formed to Handle Online Financial Transactions; New Subsidiary Will Be Headed by Former CEO of Sinobull Group
LOS ANGELES, Aug. 4 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT) www.hartcourt.com , today announced the formation of a new wholly-owned subsidiary, Hartcourt Capital Inc., whose goal is to create a premiere online financial transactions company in Greater China.

Hartcourt Capital`s focus is to develop and operate online financial services such as online banking, online insurance, online brokerage, online lending etc. ... The new entity is already involved in negotiations to purchase a financial services company in Hong Kong to use as the model platform for more acquisitions and joint ventures in Greater China.

Mr. Michael Bianco, a well-known investment banker in Silicon Valley, was appointed to the position of CEO of Hartcourt Capital, Inc. Mr. Bianco was the former CEO of another Hartcourt subsidiary, Sinobull Financial Group. He was replaced by Mr. Allan S.S. Yuen who is a respected entrepreneur in Hong Kong and China.

Prior to joining Sinobull Group, Mr. Bianco was CEO of American Capital Markets Corp, Managing Director of Arthur Anderson`s Corporate Financial Consulting Corp. and President of Loeb Rhoades Securities Corp. He was a banker since 1968, working for Chase Manhattan Bank, Security Pacific Bank, Bank Of California, Barclay`s Bank and The Hibernia Bank.

Dr. Alan V. Phan, Chairman & CEO of Hartcourt, said, ``Online financial transactions are the most profitable sector of E-Commerce. We believe that any company wanting to achieve success in this market must have strong fundamentals in assets, revenue and earning. Hartcourt Capital will follow this business model and should contribute significantly to the operating results of the parent company. Our business plan is fortified by the dominant marketing position of Sinobull Group in China, along with their existing connections to the Chinese financial community. The resulting synergies will allow both companies to expand and become top-tier players within the financial industries in China.``

Mr. Michael Bianco, CEO of Hartcourt Capital, commented, ``China`s economy grew at a 8.2% annualized rate in the first half of 2000, but its financial services industry is still lagging behind in Western standards. Hartcourt Capital will have the first-mover advantage in terms of the introduction of state of the art technology, access to numerous capital markets and international linkage to potential strategic partners. This will open up a variety of interesting opportunities and make it easier for Hartcourt to expand on its already proven method of expanding through acquisition.``

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPO`s or spin-offs focused on three main divisions: the SinoBull E-Finance Platform and wireless financial services; Broadband ISP and Internet infrastructure; and Hartcourt Capital Inc., the financial transactions group (online banking, insurance, equipment leasing, mortgages, credit, bill payment, etc.). Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: Hartcourt Companies, Inc.


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HRCT.OB
5 15/16
+1/32

delayed 20 mins - disclaimer


Monday August 7, 7:59 am Eastern Time
Press Release
New SinoBull CEO Pledges Major Investment Banking Effort
Hartcourt Subsidiary Adopts New Structure As Part Of Plan To Maximize Shareholder Value
LOS ANGELES--(BUSINESS WIRE)--Aug. 7, 2000--The Hartcourt Companies, Inc. (OTC:HRCT - news; Frankfurt:HCT) www.hartcourt.com today announced the appointment of Mr. Allan S.S. Yuen as the new CEO of SinoBull Financial Group and SinoBull.com, Inc.

Mr. Yuen previously served as Hartcourt`s Senior Vice President in charge of merger and acquisitions and maintains offices in both Beijing and Hong Kong.

Prior to joining Hartcourt, Mr. Yuen, a well-known and highly respected entrepreneur operating throughout Greater China, was the founder of SinoAmerican Telecom. His firm was the first foreign company to introduce pagers and paging services into the Chinese market. SinoAmerican`s partners in this enterprise included Singapore Telecom, ING Fund, Beijing City Government, PLA and Ministry of Post and Telecommunications. Following SinoAmerican`s IPO, Mr. Yuen was profiled in the 10/28/96 issue of Fortune Magazine.

Dr. Alan V. Phan, chairman and CEO of Hartcourt, said, ``We are reorganizing our management team to reflect the new business strategy the company is pursuing and to demonstrate to future business partners our readiness to implement the potential business combinations we are presently negotiating. Hartcourt Capital`s focus toward online financial transactions appears best suited to the talents and experience of its new CEO, Mr. Michael Bianco.

``Mr. Yuen is an expert in deal structure and has well established contacts in Greater China. His primary duties will include the structure and spin-off of selected China-based Hartcourt assets through IPO and/or merger, as well as the acquisition of additional companies, the improvement of SinoBull`s market position, and negotiations with future strategic partners.``

``I am very lucky to have a great management team already in place at SinoBull,`` stated Mr. Yuen. ``Stephen Tang of Financial Telecom is an experienced banker and entrepreneur; Patrick Kwan of StreamingAsia is a superb technocrat; Simon Zhang of UAC is a world-class engineer and manager, while Wang Jian of Shangdi Network has proven to be a very astute business leader in China today and Jiang Tai`s skills as a builder of business networks is remarkable. Due to their contributions, I am now able to concentrate my efforts in assisting Dr. Phan in creating new efficiencies which we believe will lead to accelerated progress for all SinoBull operations and ventures.``

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on three main divisions: the SinoBull E-Finance Platform and wireless financial services; Broadband ISP and Internet infrastructure; and Hartcourt Capital Inc., the financial transactions group that is focusing on online banking, insurance, equipment leasing, mortgages, credit, and online bill reconciliation. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

About The SinoBull Financial Group

SinoBull Group is a financial technology developer and Internet service provider. SinoBull`s subsidiaries include: Beijing UAC Stock Exchange Online, Shanghai Guo Mao Science & Technology, SinoBull Network Technology (formerly Shangdi Networks), Financial Telecom, StreamingAsia and LogicSpace. In addition to quality financial news, real-time market data, financial analysis and commentary via the SinoBull portals, www.sinobull.com.cn and www.sinobull.com.hk, the SinoBull platform enables brokerage firms to provide their clients with the ability to securely trade securities online. The company`s e-finance platform is an integration of the most advanced Internet, telecommunication and wireless access systems available on the market today. The service platform and collateral content is offered via subscription to leading securities brokerages, investment firms, banks, as well as media companies throughout Greater China. The group also intends to deliver its content via cable with joint venture partner China Cable Networks.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, that may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.


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Jack Westfield, 310/410-7290
[e-mail]
www.hartcourt.com


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HRCT.OB
5 15/16
+1/32

delayed 20 mins - disclaimer


Thursday August 10, 8:31 am Eastern Time
Press Release
SinoBull and China Cable Networks Debut Financial TV Channel at China National Executive Forum
Superior Technology and Rich Content of SinoBull CCN Financial TV Channel Acknowledged as the First of Its Kind for Chinese Cable Industry
LOS ANGELES--(BUSINESS WIRE)--August 10, 2000-- The Hartcourt Companies Inc. (OTC:HRCT - news; Frankfurt:HCT), www.hartcourt.com, today announced that its subsidiary, SinoBull Financial Group, working in partnership with China Cable Networks (CCN), successfully demonstrated its newly developed SinoBull CCN Financial TV Channel at the 6th Annual China National Cable TV Executive Forum held in Dalian, China.

More than 160 senior executives from most of the major provincial and municipal Cable TV companies as well as government officials from China Broadcasting and Television Bureau, Ministry of Information Industry, and China`s Xin Hua News Agency attended this year`s Forum. Corporate executives from IBM, Sony and The Hartcourt Companies were also in attendance.

The SinoBull CCN Financial TV channel consists of a standard TV program window for content and advertising, and an enhanced stock quote window. The unique design of the enhanced stock quote window meets a special set of requirements to assist Chinese investors trading at home using real time TV broadcast financial information.

Demonstrations of the financial programming and turn-key technologies were met with wide spread enthusiasm and interest from industry attendees at the Cable TV Forum. Many of the major market cable broadcast providers, including Cheng Du Cable, Hai Nan Cable, Guang Xi TV and Zhe Jiang, expressed strong interest in initiating trial or licensed broadcasting of the SinoBull CCN programming on their citywide cable networks as soon as the live programming becomes available later this year.

Mr. Di Ming, General Director of Cheng Du Cable TV said, ``The SinoBull CCN Financial Channel is the first financial TV program that meets the specific needs of our customers. In Cheng Du, we have over 1 million Cable TV subscribers. We intend to work with the principals in establishing the Sinobull CCN programming into a Premium Cable Channel and believe we will benefit from the increased audience this programming could bring to our cable network.``

``The successful introduction of the SinoBull CCN Financial TV Channel is the first milestone achieved by our recently formed alliance between Shanghai Guo Mao, a SinoBull subsidiary, and China Cable Networks,`` said Hartcourt Chief Operating Officer Dr. Charlie Yang. ``We have enjoyed working with CCN during the early stages of our plan to jointly develop, market and deploy a premium financial TV channel on a nationwide basis to the subscriber base of over 80 million Chinese households. We believe that our superior technology and rich financial content will have broad appeal among TV viewers and cable operators throughout China.``

About China Cable Networks (CCN):

CCN (www.ccn.net.cn) is the leading broadcast TV and full service turn-key cable provider in China. It is jointly owned by various provincial and municipal cable companies including: Beijing Cable, Guang Dong Cable, Zhe Jiang Cable and Wu Han Cable, as well as the Xinhua News Agency. It utilizes the national and local cable TV networks in China to form a national data and information service network and offers value-added services to more than 80 million Chinese cable TV subscribers.

About The SinoBull Financial Group:

SinoBull Group is a financial technology developer and Internet service provider. SinoBull`s subsidiaries include: Beijing UAC Stock Exchange Online, Shanghai Guo Mao Science & Technology, SinoBull Network Technology (formerly Shangdi Networks), Financial Telecom (FTL), StreamingAsia and LogicSpace. In addition to quality financial news, real-time market data, financial analysis and commentary via the SinoBull portals, www.sinobull.com.cn and www.sinobull.com.hk, the SinoBull platform enables brokerage firms to provide their clients with the ability to securely trade securities online. The company`s E-finance platform is an integration of the most advanced Internet, telecommunication and wireless access systems available on the market today. The service platform and collateral content is offered via subscription to leading securities brokerages, investment firms and banks, as well as media companies throughout Greater China.

About Hartcourt:

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on three main divisions: the SinoBull E-Finance Platform and wireless financial services; Broadband ISP and Internet infrastructure; and the Financial Transactions Group (online banking, insurance, equipment leasing, mortgages, credit, bill payment, etc.) Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements:

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.


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Jack Westfield, 310/410-7290
[e-mail]
www.hartcourt.com


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HRCT.OB
5 1/2
+0

delayed 20 mins - disclaimer


Monday August 14, 8:29 am Eastern Time
Press Release
Hartcourt to Acquire 30 Percent Interest in Hong Kong-Based Koffman Securities Ltd.
As Merger Talks Continue, Hartcourt Expands Scope of Asian Operations by Acquiring Securities Trading Capacity in Anticipation of WTO Approval
LOS ANGELES--(BUSINESS WIRE)--Aug. 14, 2000-- The Hartcourt Companies Inc. (OTC: HRCT - news; Frankfurt: HCT), www.hartcourt.com, today announced that it has entered into an agreement to acquire a 30 percent interest of Hong Kong-based Koffman Securities Limited, www.koffman.com.hk.

Dr. Alan V. Phan, chairman and CEO of Hartcourt, made the announcement from Hong Kong where he is presently engaged in a second round of talks concerning the possible merger or sale of selected Hartcourt controlled entities.

A member of the highly regarded Koffman Financial Group family of companies, Koffman Securities Limited (KSL) is a brokerage firm that trades a variety of listed securities and financial products both in Hong Kong and other foreign markets. It quickly rose to prominence from its inception in 1997 as a result of its strong management team. KSL is a member of the Hong Kong Stock Exchange, operating under a dealer`s license issued by the Securities and Futures Commission.

The firm is also actively engaged in corporate finance as an underwriter and placement agent. They have participated in the investment banking activities of numerous companies going public in Hong Kong since the firm entered that segment of the securities market in 1998.

Capitalizing on its prior successes, KSL has recently opened additional branch offices and currently employs more than 100 brokers that are based in Hong Kong and Taiwan. Koffman`s corporate mission is to establish a broad sales network. Hartcourt Capital Corporation, the newly formed wholly owned subsidiary of The Hartcourt Companies, will manage Hartcourt`s investment in KSL, which will be an important component of Hartcourt Capital`s strategy of expanding its operations in Greater China.

Michael Bianco, CEO of Hartcourt Capital Corp. said, ``Koffman Securities is a well respected brokerage firm in Hong Kong, generating turnover of HK $6.6 Billion during 1999 ($850 Million U.S.). KSL is also recognized for their innovative technological solutions designed to meet the present and future needs of the electronic market place. We are very confident that our investment in Koffman will give us access to a viable securities and investment banking platform to which we can link future acquisitions and joint ventures in Greater China including entry into major markets such as Shanghai in Mainland China following WTO approval.``

About Koffman Securities Ltd.

KSL`s financial services include stock brokering, futures trading, derivatives and investment banking, information technology, direct investment and venture capital.

In 1999, KSL had a turnover of HK $6.6 Billion, gross revenues of HK $20.6 Million and a net profit of HK $763,669. Total assets are HK $62.8 Million with a net book value of HK $52 Million. Koffman`s net assets have increased substantially since its formation in 1997, forming the bedrock of its enormous staying power and flexibility. KSL maintains a sophisticated and stringent risk management system enhanced by its tailor-made settlement software that provides real time risk control. Koffman has a track record of steady growth and debt free operations.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on three main divisions: the SinoBull E-Finance Platform and wireless financial services, Broadband ISP and Internet infrastructure and the Hartcourt Capital Corp., which is focused on online transactions including banking, securities trading, asset management, insurance, equipment leasing, mortgages, credit cards, bill payments and related financial services. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.


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Contact:

The Hartcourt Companies Inc.
Jack Westfield, 310/410-7290
email: [e-mail]
www.hartcourt.com


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HRCT.OB
5 11/16
+5/16

delayed 20 mins - disclaimer


Thursday August 17, 11:29 am Eastern Time
Press Release
Hartcourt Forms Marketing Alliance with ChinaInfo -- China`s Official Information Industry Portal
SinoBull Financial Group And ChinaInfo Initiate Media Sharing Activities; Anticipate Future Business Initiatives
LOS ANGELES--(BUSINESS WIRE)--Aug. 17, 2000-- The Hartcourt Companies Inc. (OTC:HRCT - news; Frankfurt:HCT), www.hartcourt.com, today announced that it has formed a marketing alliance with ChinaInfo, China`s government-owned official information industry portal, (www.chinainfo.com.cn).

ChinaInfo is a subsidiary of People`s Post & Telecommunications Daily Corporation. People`s Post & Telecommunications Publishing Corporation (PP&T) was established in 1948. It is the official news agency of China`s powerful Ministry of Information Industry.

PP&T publishes three newspapers and three magazines, including the official People`s Post & Telecommunications Daily (www.chinainfo.com.cn/rmyd/index.asp), the most circulated information industry newspaper in China, China Philately News (www.chinainfo.com.cn/zgjyb/home.htm), P & T Enterprise Management (www.chinainfo.com.cn/ydqygl/index.htm), China Wireless Management (www.chinainfo.com.cn/wxdgl/index.asp), China Telecom Research (www.chinainfo.com.cn/dxrkx/home.htm), and the newly published China Internet Daily (China Netizen). All online media for PP&T, including the content of these newspapers and magazines are designed and maintained by ChinaInfo.

``This alliance is significant both in real terms and on a symbolic level,`` stated Dr. Charlie Q. Yang, Hartcourt Chief Operating Officer. ``Over the years, we have developed a very close relationship with ChinaInfo. Hartcourt and its media subsidiaries are excited by the prospect of having content developed by SinoBull distributed to the millions of readers reached by ChinaInfo`s information industry network.``

``In addition, our management teams have agreed to work together in identifying and pursuing future opportunities in China`s developing telecommunications industry, Internet services, e-commerce applications and broadband content businesses. As the time nears for China`s WTO membership status to be considered for approval, we are honored to be allied with this Information Technology icon.``

About Hartcourt:

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt is the controlling shareholder of SinoBull.com Inc. whose financial web site is currently among the top 20 of all sites in China averaging just under 3 Million daily page views per business day. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on three main divisions: the SinoBull E-Finance Platform and wireless financial services; Broadband ISP and Internet infrastructure; and the Financial Transactions Group (online banking, insurance, equipment leasing, mortgages, credit, bill payment, etc.) Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

About The SinoBull Financial Group

SinoBull Group is a financial technology developer and Internet service provider. SinoBull`s subsidiaries include: Beijing UAC Stock Exchange Online, Shanghai Guo Mao Science & Technology, SinoBull Network Technology (formerly Shangdi Networks), Financial Telecom (FTL), StreamingAsia and LogicSpace. In addition to quality financial news, real-time market data, financial analysis and commentary via the SinoBull portals, www.sinobull.com.cn and www.sinobull.com.hk the SinoBull platform enables brokerage firms to provide their clients with the ability to securely trade securities online. The company`s E-finance platform is an integration of the most advanced Internet, telecommunication and wireless access systems available on the market today. The service platform and collateral content is offered via subscription to leading securities brokerages, investment firms, banks, as well as media companies throughout Greater China.

Forward-looking statements:

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.


--------------------------------------------------------------------------------
Contact:

The Hartcourt Companies, Inc.
Jack Westfield, 310/410-7290
E-mail: [e-mail]
www.hartcourt.com


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[hanser]

Wenn alles gut geht, ist Hart in 3 Jahren bei 1000$

Voraussetzung: China wird offizielles Mitglied der WTO, vorher wird der Kurs sich nicht bewegen, daran hätte auch ein NAS-Listing nichts geändert.

Habe selbst 10.000 Stück

Hart ist sensationell gut in China investiert, wie kaum eine andere westliche Firma!!!!!!!!!!

Die vielen Sensationsmeldungen werden sich bald auszahlen.!!!!

In der Ruhe liegt die Kraft. die Zeit arbeitet für uns!!

mfg
Hanser

[hanser]

Ach ja,sie dürfen von keiner anderen Firma übernommen werden!!!

hatte ich noch vergessen,

[batist]

Presseerklärung 23.08.00

Hartcourt wird neue strategische Strukturen und Partner bekannt geben

Das Unternehmen setzt eine Pressekonferenz in Hong Kong für den 21. September 2000 an.

Los Angeles, CA. (23.08.00). The Hartcourt Companies, Inc. (OTC: HRCT) (Frankfurt: HCT) www.hartcourt.com gaben heute bekannt, dass sie eine Pressekonferenz in Hong Kong für den 21. September 2000 angesetzt hat, auf der sie Einzelheiten über die gegenwärtigen strategischen Planungsgespräche bekannt geben wird, welche das Unternehmen mit in Hong Kong gelisteten Gesellschaften, Investment Bankern und Unterzeichnern geführt hat. Das Ereignis wird live über das Internet durch die Hartcourt-Tochter Streaming Asia verbreitet werden.

Dr. Alan V. Phan, Chairman und CEO von Hartcourt sagte: „Die Zielsetzung des Managements in dieser Unternehmung bestand darin einen maximalen Shareholder Value für alle Hartcourt Investoren zu realisieren. Die Aktiva, welche Hartcourt momentan besitzt und jene, die wir in Zukunft anstreben, werden gegenwärtig am Main Board der Hong Konger Börse und der GEM Exchange mit einem Vielfachen bewertet. Wir denken, dass unser innovativer Ansatz das Unternehmen neu zu positionieren am Ende unseren treuen Anhängern zu Gute kommen wird, und gehen deshalb von einer starken Unterstützung für etwaige Fusionen, dem Verkauf oder IPO spin-offs von Hartcourt Aktiva aus.

Über Hartcourt
The Hartcourt Companies ist eine Beteiligungs- und Entwicklungsgesellschaft, welche eine Netzwerk von Unternehmen von Internet und Telekommunikationsdienstleistern in der Volksrepublik China und in Hong Kong, durch Schaffung von Partnerschaften sowohl mit chinesischen Unternehmern als auch staatseigenen Betrieben aufbaut. Hartcourts unternehmerisches Ziel für die nächsten 3 Jahre ist es, eine Serie von IPOs oder Spin-Offs zu vervollständigen, die sich auf 3 Hauptbereiche konzentriert: die SinoBull E-Finance Plattform und Wireless Finanzdienstleister; Breitband ISP und Internet Infrastruktur; und die Hartcourt Capital Corp. die sich auf online-Banking, Wertpapierhandel, Vermögensmanagement, Versicherungen, Ausrüstungsleasing, Hypotheken, Kredite und verwandte Finanzdienste konzentriert. Genauere Informationen zu Hartcourt finden sich auf der Web Site der Gesellschaft unter: www.hartcourt.de.

Vorausblickende Erklärungen

Bestimmte Aussagen in dieser Presseerklärung können „vorausblickende“ Erklärungen im Sinne der Section 21 E des Wertpapier Gesetzes (Securities Exchange Act) von 1934 darstellen. Solche vorausblickenden Aussagen betreffen Risiken, Unsicherheiten und andere Faktoren, die dazu führen können, dass die aktuellen Ergebnisse und Leistungen, ausgedrückt oder impliziert in diesen vorausblickenden Aussagen grundlegend von diesen abweichen können.



The Hartcourt Companies, Inc.
PR & IR Europe
[e-mail]

Diese Übersetzung ist ein Service für die deutschsprachigen Aktionäre von Hartcourt. Alle Angaben und Übersetzungen ohne Gewähr. Bei Abweichungen gilt immer das englische Original.

Originaltext:

Hartcourt to Announce New Strategic Structure and Partners

Company Schedules Hong Kong News Conference For September 21, 2000

Los Angeles, CA. 08/23/00 -- The Hartcourt Companies Inc. (OTC: HRCT; Frankfurt: HCT), www.hartcourt.com, today announced that the company has scheduled a news conference in Hong Kong for September 21st, 2000 to provide details of the recent strategic planning talks the company has held with Hong Kong-listed corporations, investment bankers and underwriters. The event will be webcasted live over the Internet by Hartcourt subsidiary, StreamingAsia.

Dr. Alan V. Phan, Chairman & CEO of Hartcourt said, "Management`s goal throughout this exercise has been to realize maximum value for all Hartcourt shareholders. The assets currently owned by Hartcourt and those we hope to pursue in the near future are currently being valued at greater multiples on the Hong Kong Stock Exchange`s Main Board and GEM Exchange. We believe that our innovative approach to re-position the company will financially benefit our loyal supporters and we anticipate strong shareholder
approval of any merger, sale or IPO spin-off of Hartcourt assets.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPO`s or spin-offs focused on three main divisions: the SinoBull E-Finance Platform and wireless financial services; Broadband ISP and Inte
rnet infrastructure; and Hartcourt Capital Inc., the financial transactions group which is developing online services such as: online banking, insurance, equipment leasing, mortgages, credit, bill payment, etc. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements:

Certain statements in this news release may "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

[batist]

nicht vergeßen den 21.9.

[batist]

Presseerklärung
OTCNetStocks.com: Jack Westfield von The Hartcourt Companies gibt ein
exklusives Interview mit OTCNetStocks.com

5.09.2000, M2 Communications – Orlando – OTCNetStocks.com kündigte heute ein
exklusives Interview mit Jack Westfield von The Hartcourt Companies (OTC BB:
HRCT) an, welches jetzt bei www.OTCNetStocks.com verfügbar ist.
Um zu dieser Übertragung zu gelangen, sollten die Investoren zu
www.OTCNetStocks.com gehen. Das Interview ist für alle Mitglieder dieser
Seite verfügbar. Die Mitgliedschaft auf dieser Seite ist gratis.

Über Hartcourt
The Hartcourt Companies ist eine Beteiligungs- und Entwicklungsgesellschaft,
welche eine Netzwerk von Unternehmen von Internet und
Telekommunikationsdienstleistern in der Volksrepublik China und in Hong
Kong, durch Schaffung von Partnerschaften sowohl mit chinesischen
Unternehmern als auch staatseigenen Betrieben aufbaut. Hartcourt ist der
kontrollierende Anteilseigner von SinoBull.com Inc., dessen Finanzwebseite
sich gegenwärtig unter den Top 20 aller Web Seiten Chinas befindet und
durchschnittlich knapp 3 Mio. page views pro Geschäftstag erreicht.
Hartcourts unternehmerisches Ziel für die nächsten 3 Jahre ist es, eine
Serie von IPOs oder Spin-Offs zu vervollständigen, die sich auf 3
Hauptbereiche konzentriert: die SinoBull E-Finance Plattform und Wireless
Finanzdienstleister; Breitband ISP und Internet Infrastruktur; und die
Financial Transactions Group (online banking, Versicherungen,
Ausrüstungsleasing, Hypotheken, Kredite, usw.) Genauere Informationen zu
Hartcourt finden sich auf der Web Site der Gesellschaft unter:
www.hartcourt.com.

Über OTCNetStocks.com
OTCNetStocks.com ist ein führender Provider von Streaming Medien und
Nachrichten, welche auf kleine und aufkommende öffentliche Gesellschaften
bezogen sind, und der von Stock News Media Corp. entwickelt wurde.
Die Seite, gelauncht im Dezember 1999 als OTCNetStocks.com, wurde entwickelt
um die Interaktivität zwischen Unternehmen, Aktionären und potentiellen
Investoren zu erhöhen und stellt damit ein unschätzbares Hilfsmittel zu
Verfügung um neue Investitionsmöglichkeiten zu entdecken. Stock News Media
erhielt keine Kompensationen für diese Interview.

Vorausblickende Erklärungen

Bestimmte Aussagen in dieser Presseerklärung können „vorausblickende
Erklärungen im Sinne der Section 21 E des Wertpapier Gesetzes (Securities
Exchange Act) von 1934 darstellen. Solche vorausblickenden Aussagen
betreffen Risiken, Unsicherheiten und andere Faktoren, die dazu führen
können, dass die aktuellen Ergebnisse und Leistungen, ausgedrückt oder
impliziert in diesen vorausblickenden Aussagen grundlegend von diesen
abweichen können.

The Hartcourt Companies, Inc.
PR & IR Europe
[e-mail]

Diese Übersetzung ist ein Service für die deutschsprachigen Aktionäre von
Hartcourt. Alle Angaben und Übersetzungen ohne Gewähr. Bei Abweichungen gilt
immer das englische Original.

Originaltext:

Jack Westfield of The Hartcourt Companies is featured on an
exclusive interview with OTCNetStocks.com


SEP 5, 2000, M2 Communications - Orlando -- OTCNetStocks.com announced today
an
exclusive interview is now available with Mr. Jack Westfield of The
Hartcourt
Companies (OTC BB: HRCT) on www.OTCNetStocks.com.

To access this broadcast, investors should go to www.otcnetstocks.com. The
interview is available to all members of the site. Membership to the site is
free.




About Hartcourt:

The Hartcourt Companies is a holding and development company that is
building a
network of Internet and telecommunication service companies in The People`s
Republic of China (China), including Hong Kong, in partnership with Chinese
entrepreneurs as well as Chinese government-owned entities.

Hartcourt is the controlling shareholder of SinoBull.com Inc. whose
financial
web site is currently among the top 20 of all sites in China averaging just
under 3 Million daily page views per business day.

Hartcourt`s business goal over the next three years is to complete a series
of
IPOs or spin-offs focused on three main divisions: the SinoBull E-Finance
Platform and wireless financial services; Broadband ISP and Internet
infrastructure; and the Financial Transactions Group (online banking,
insurance,
equipment leasing, mortgages, credit, bill payment, etc.) Detailed
information
on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.




About OTCNetStocks.com

OTCNetStocks.com is leading provider of streaming media and news relating to
small and emerging public companies developed by Stock News Media Corp.

Launched in December of 1999 as OTCInternetStocks.com, the site is designed
to
increase the interactivity between companies, shareholders and potential
investors, providing an invaluable tool to discover new investment
opportunities. Stock News Media was not compensated for this interview.

This press release contains certain forward looking statements regarding the
future plans and expected performance based on assumptions the company
believes
to be reasonable. A number of risks and uncertainties could cause actual
results
to differ materially from these statements, including, without limitation,
the
timeliness of development activities, as well as other risk factors
described
from time to time by Company documents and reports filed with the Securities
and
Exchange Commission.

[batist]

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HRCT.OB
7 1/4
-1

delayed 20 mins - disclaimer


Thursday September 7, 8:32 am Eastern Time
Press Release
SOURCE: The Hartcourt Companies, Inc.
Hartcourt Subsidiary Streaming Asia to Webcast Hong Kong Congressional Elections
LOS ANGELES, Sept. 7 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT) www.hartcourt.com announced today that StreamingAsia.com and Metro Broadcast Corporation will webcast the 2000 Legislative Council Elections to be held in Hong Kong this Sunday, September 10, 2000.

This year StreamingAsia and Metro Broadcasting are helping to virtually extend election coverage to thousands of viewers throughout Hong Kong and beyond, via a live webcast on the Internet. Metro will launch an ``Elections Live`` television and radio broadcast on election day, providing live coverage of the candidates and issues which should encourage voters to seize the opportunity and actively participate in the elections. After the polls close, the programming will switch to giving viewers and listeners up to the moment election results and interviews with the candidates.

In an arrangement with its streaming media partner, the audio and video feed will be picked up by StreamingAsia.com, and those interested will be able to view and listen to the a live webcast of Metro`s election coverage. The webcast, which will take place on September 10th, and will run from 8:30 a.m. until 12:00 p.m. on Monday, and can be accessed at http://www.legco2000.com.

``StreamingAsia.com is very pleased to be working with news industry leader Metro Broadcasting Corporation in covering this important news event`` said Patrick Kwan, chairman of StreamingAsia. ``The fact that StreamingAsia.com was chosen to co-produce and webcast such a high profile event further solidifies our position as the premier streaming media solution provider in our market space.``

About StreamingAsia

StreamingAsia (www.streamingasia.com) provides content publishers Web portals with services for the delivery of ``streaming`` or live and on-demand video and audio content over the Internet. StreamingAsia is a wholly owned subsidiary of SinoBull Group and is responsible for the design, operation and maintenance of SinoBull Group`s Web site. SinoBull Group is 48% owned by The Hartcourt companies, Inc.

SOURCE: The Hartcourt Companies, Inc.


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Questions or Comments?

[Herostratos]

up again

[genwolf]

Hartcourt Signs IPO Agreements for StreamingAsia and SinoBull Group
Company Announces Plans 2 for 1 Stock Split, Distribution of Dividends, Reservation of IPO Shares for HRCT Shareholders and Changes to Executive Management Team
HONG KONG, Sept. 21 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT) (www.hartcourt.com) announced today that its two major subsidiaries have entered into separate agreements with leading Hong Kong underwriting team, Yuanta Securities and Access Capital Ltd, to do an Initial Public Offering (IPO) for StreamingAsia.com Ltd. and SinoBull.com, Inc. via listing on Hong Kong`s Growth Enterprise Market (GEM) Stock Exchange. The IPO of StreamingAsia will be scheduled for the first quarter of 2001 and Sinobull for second quarter of 2001.

Subject to a legal opinion of its tax attorney and CPA, the company plans to distribute all of its IPO shares to HRCT shareholders.

Hartcourt further disclosed that it will split its common shares 2 for 1, effective October 31, 2000 to Hartcourt shareholders of record as of October 16, 2000, and announced two changes within its executive management team.

Dr. Alan Phan, Chairman of Hartcourt, announced that effective today, Dr. Charlie Q. Yang will assume the title and duties of Chief Executive Officer of The Hartcourt Companies, Inc. and that John B. ``Jack`` Westfield will assume the title and responsibilities of President of Hartcourt Capital, Inc, replacing Mr. Michael Bianco. Dr. Phan will remain Chairman of The Hartcourt Companies.

Dr. Phan said, ``These IPO`s are just the first phase of an ongoing structuring process that will `monetize` Hartcourt`s assets. We expect more acquisitions, mergers and re-organization of our assets and personnel in the next few months to optimize our business opportunities in Greater China.

``We have chosen to list these companies on the GEM exchange primarily because of their proximity to our operations in China,`` Dr. Phan continued. ``There are more analysts following Internet-related GEM-listed issues and the investment community in Asia appears to have a better understanding and response to Hartcourt`s accomplishments in China. Because these two intended offerings bring very unique business models to the GEM Exchange, we believe we will obtain the highest market valuation of Sinobull and StreamingAsia for our shareholders.``

``Finally, I am pleased to report that we have succeeded in reserving 25% of the respective IPO shares of these two entities for subscription on a pro-rata basis by Hartcourt shareholders of record 30 days prior to the effective date of the respective IPO dates.``

About Yuanta Securities

Yuanta Securities Hong Kong (``YSHK``) is part of Yuanta Securities Company, Ltd. which was established in Taiwan in 1961. Yuanta Securities has consistently ranked among the market leaders in the Taiwan securities industry while YSHK has established itself as a leading underwriter of IPO on the stock exchange. The business of the group consists of: securities dealing and underwriting; asset management; securities investment advisory and financial advisory services. YSHK just merged with Core Pacific and Yamaichi to create the largest domestic brokerage in Hong Kong.

About Access Capital Ltd.

Access Capital Ltd is a company engaged in providing a full range of corporate financial services, such as capital and debt restructurings; initial public offerings; mergers and acquisitions and financial advisory services for customers in Greater China. Ms. Jenny Leung, Founder and Managing Director of Access, is a well-known investment banker in Hong Kong. Her managing experience includes J.P. Morgan (Asia), Standard Chartered Bank (Asia), Listing Division of Hong Kong Stock Exchange and Yuanta Group.

About The SinoBull Financial Group:

SinoBull Group is a financial technology developer and Internet service provider. SinoBull`s subsidiaries include: Beijing UAC Stock Exchange Online, Shanghai Guo Mao Science & Technology, SinoBull Network Technology (formerly Shangdi Networks), and Financial Telecom (FTL). In addition to quality financial news, real-time market data, financial analysis and commentary via the SinoBull portals, www.sinobull.com.cn and www.sinobull.com.hk, the SinoBull platform enables brokerage firms to provide their clients with the ability to securely trade securities online. The company`s E-finance platform is an integration of the most advanced Internet, telecommunication and wireless access systems available on the market today. The service platform and collateral content is offered via subscription to leading securities brokerages, investment firms, banks, as well as media companies throughout Greater China.

About StreamingAsia

StreamingAsia (www.streamingasia.com) provides content publishers Web portals with services for the delivery of ``streaming`` or live and on-demand video and audio content over the Internet. It was the first company in Hong Kong to provide real time corporate conference Internet broadcasts; as well as the ability to develop a broadband network infrastructure to stream multi-media content with superior quality.

Forward-looking statements:

Certain statements in this news release may constitute ``forward-looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.

SOURCE: The Hartcourt Companies, Inc.

[genwolf]

Hartcourt Strengthens Internet Brands
SinoBull Group and StreamingAsia for Aggressive Expansion into China
HONG KONG, Sept. 21 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT - news; Frankfurt: HCT) is strengthening the financial structure of its Hong Kong-based subsidiaries SinoBull.com Inc. and StreamingAsia Ltd. as part of its strategy to expand aggressively into China`s financial content via all forms of multi-media market including cable TV, print magazine, live data feed and Internet.

Hartcourt`s strategy involves exploring the possibility of a proposed initial public offering for SinoBull Group and StreamingAsia earmarked for Hong Kong. ``We are well-positioned to expand aggressively in the mainland`s fast-growing IT market and avail the company into new opportunities presented both prior to and following the approval of the World Trade Organization (WTO),`` said Dr. Alan V. Phan, Chairman of Hartcourt.

``Our goal is to unlock the full value of our assets which are multi-media and Internet brands with the potential for exponential growth,`` Dr. Phan said.

``One option for strengthening the financial structure of SinoBull Group and StreamingAsia is to raise funds through public listing in Hong Kong,`` Dr. Phan said. ``We have chosen to list these companies on the GEM Board primarily because of their proximity to our operations in China. There are many analysts following Internet related GEM-listed issues and the investment community in Asia appears to have a better understanding and response to Harcourt`s accomplishments in China. Because these two intended offerings bring very unique business models to the GEM Board, we believe we will obtain the highest market valuation of SinoBull and StreamingAsia for our shareholders.``

SinoBull Group is a premiere financial content distribution company, which also maintains the only nationwide secure online stock-trading platform in China. Its website, SinoBull.com.cn, was launched in March and is now receiving 2-3 million page views daily, while, StreamingAsia is the leading Internet webcaster providing comprehensive audio and video delivery or streaming solutions to businesses, professionals, organizations, website owners and content publishers. Hartcourt owns 48 percent of SinoBull Group and 50 percent of StreamingAsia.

SOURCE: Hartcourt Companies, Inc.

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Hartcourt Acquires 60 Percent of Beijing TSS
Company Is China`s Leader in Streaming Technology Solutions
LOS ANGELES, Sept. 28 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT) www.hartcourt.com today announced that it has signed an agreement to purchase 60 percent of the outstanding shares of Beijing Total Solution System, Ltd. www.tss.com.cn (TSS). Established in 1994, TSS was the first Chinese company of its kind to provide hi-tech solutions for web-casting and the delivery of on-demand streaming audio and video. Its products and services are well known and used throughout China by various high-profile clients.

TSS provides the webcasting services for major TV stations such as Beijing TV (www.btv-5.com), Phoenix TV (www.phoenixtv.com), and Guangdong TV (www.gdtv.gov.cn). They have also webcast marquee events for the Chinese government, including the National Day 50th Anniversary, the Macau Handover, and the China Fortune 500 Forum.

TSS has a wide array of business software products ranging from the AV200 (Internet Automatic Video & Audio Broadcasting System) to the Web Data Model Board and E-Mail Notification System. TSS is also a software developing partner of Microsoft Media Player. In addition, the TSS web portal (www.ehand.com.cn) provides a turn-key multimedia E-Commerce platform for placing emerging Chinese businesses on a fast track in the rapidly expanding China Internet space. Estimated at 16.9 Million users (Deloitte Touche Tohmatsu, September 2000), China`s population of regular Internet users continues to double every 6 months.

Dr. Charlie Yang, CEO of Hartcourt, said, ``I am very enthusiastic about this acquisition as it adds a major piece towards the completion of StreamingAsia`s goal of becoming the number one web-casting company in Greater China. The added value to the planned IPO of StreamingAsia on Hong Kong`s GEM Exchange is substantial and the combined entity should be a formidable world-class competitor.``

On September 21st, 2000, Hartcourt announced that it had signed two separate underwriting agreements to IPO StreamingAsia and Sinobull Financial Group in 2001.

Hartcourt also announced that it has engaged KPMG of Hong Kong to be its auditors for the fiscal year of 2000, as well as for the IPO`s of StreamingAsia and Sinobull. KPMG is one of the Big Five international accounting firms.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPO`s or spin-offs focused on four main divisions: the StreamingAsia Group of video/audio web-casting; the SinoBull Financial Group`s multi-media financial data provider and online securities trading platform; Broadband ISP and Internet infrastructure; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, mortgages, credit, and B2B transaction settlements.

Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking Statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies, Inc.

[genwolf]

Hartcourt Announces Details of 2 for 1 Stock Split
LOS ANGELES, Oct. 4 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com today announced that its Board of Directors has approved a forward two-for-one stock split. The record date of the forward split will be the close of business on October 16, 2000. Each shareholder on the record date will be mailed one (1) additional share certificate for each share of common stock owned.

The Company`s transfer agent, Signature Stock Transfer Inc., 14674 Midway road, Suite 221, Dallas TX 75244, Telephone: [phone], will begin mailing the additional certificates on October 23, 2000.

On September 21, 2000, Hartcourt announced that it had signed two separate underwriting agreements with Yuanta Securities Hong Kong and Access Capital Ltd. to IPO two of its subsidiaries, StreamingAsia and SinoBull Financial Group during the first and second quarter respectively, of calendar year 2001. The Company further indicated that it had succeed in negotiating with the underwriters to reserve 25% of the IPO shares of these two intended offerings for subscription by Hartcourt shareholders.

KPMG, one of the Big Five international accounting firms, which has been appointed as Hartcourt`s auditors for fiscal year 2000, will also be asked to act as the auditors for the StreamingAsia and SinoBull underwritings.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet infrastructure group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements.

Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking Statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies Inc.

[genwolf]

New SinoBull Wireless Product Offers Anywhere-Anytime Personal Financial Data and Trade Executions to Mobile Investors
Proprietary Wireless PDA Makes Promising Debut With Hong Kong Investors
LOS ANGELES, Oct. 5 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com today announced that Hong Kong-based Financial Telecom Ltd., a member of the SinoBull Financial Group, has reported that its new SinoBull Wireless Personal Digital Assistant (PDA) is experiencing wide popular appeal following the official launch of the new wireless device earlier this week.

The services are offered via Financial Telecom`s joint venture with Hong Kong-based Asia Paging Networks. The network has 83 transmitters in Hong Kong that are used to operate a data paging service in Hong Kong. The PDA technology being used was developed by Financial Telecom as a proprietary product for its exclusive use to deliver financial and investment related content to investors and financial professionals in Hong Kong. Those subscribing to the new service will pay US $20 per month to receive personal and real time financial data as well as the ability to access trades executed in Hong Kong markets. Financial Telecom has projected first year revenue of this service should be in excess of US $1 million.

Initial reactions from Hong Kong`s brokerage and banking community indicate that the SinoBull Wireless PDA network has received significant interest from the growing mobile investor population. The wireless network has the ability to perform trade notifications for the new Hong Kong Automatic Order Matching and Execution System (AMS3) being deployed by the Hong Kong Stock Exchange.

Dr. Charlie Q. Yang, CEO of Hartcourt, said, ``The initial success of the SinoBull Wireless PDA proves that innovation and creative thinking can produce new and technologically viable services based on existing network infrastructure. This gives us comprehensive market coverage at very minimal costs. We are exploring the opportunities to expand Financial Telecom`s Wireless PDA technology into the Mainland China market as well as other global markets, including the U.S. The Wireless PDA solution offers a very affordable way to provide mobile financial data services to today`s investors who demand the freedom that wireless technology brings into their lives.``

About The SinoBull Financial Group:

SinoBull Group, which is 48% owned by Hartcourt, is a financial technology developer and Internet service provider. SinoBull`s subsidiaries include: Beijing UAC Stock Exchange Online, Shanghai Guo Mao Science & Technology, SinoBull Network Technology (formerly Shangdi Networks), and Financial Telecom Ltd. In addition to quality financial news, real-time market data, financial analysis and commentary via the SinoBull portals, www.sinobull.com.cn and www.sinobull.com.hk, the SinoBull platform enables brokerage firms to provide their clients with the ability to securely trade securities online. The company`s E-Finance platform is an integration of the most advanced Internet, telecommunication and wireless access systems available on the market today. The service platform and collateral content is offered via subscription to leading securities brokerages, investment firms, banks, as well as media companies throughout Greater China.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPO`s or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet infrastructure group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements.

Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking Statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies, Inc.

[genwolf]

Correction -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT)
In LATH041, New SinoBull Wireless Product Offers Anywhere-Anytime Personal Financial Data and Trade Executions to Mobile Investors, moved earlier today, we are advised by a representative of the company that the contact information should read, ``Jack Westfield, Vice President, Corporate Finance of The Hartcourt Companies, Inc., 310-410-7290, [e-mail],`` rather than, ``Jack Westfield, Vice President, Corporate Finance of The Hartcourt Companies, Inc., 310-410-9270, [e-mail],`` as originally issued.

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Hartcourt Organizes Due Diligence Trip to China For Reporters, Analysts and Shareholders
Trip Will Coincide with the `2001 Hartcourt Internet Investment Conference` for Chinese Entrepreneurs in Beijing
LOS ANGELES, Oct. 10 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT) (www.hartcourt.com) announced today that it is organizing a due diligence trip to China for reporters, analysts and its shareholders. Attendees will have a chance to visit all of the operations sites of Hartcourt`s subsidiaries and to meet with the managers and staff in an open format. All are invited to see first-hand the way these Chinese entities are doing business and to make their own assessment as to the value of Hartcourt`s foreign operations. There will also be ample opportunity for attendees to take in some sightseeing, shopping and to absorb some of the rich Chinese culture and enjoy its famous culinary delights.

The group will leave Los Angeles on Wednesday 27 December 2000 at noon. The group will be in Hong Kong on the 29, 30 and 31st of December 2000 where they will visit Financial Telecom Ltd, StreamingAsia, iSyndicate, Asia Paging and Koffman Securities. A New Year`s Eve Party will be hosted by Hartcourt`s Hong Kong staff. On the 1st and 2nd of January 2001, the group will be in Shanghai where their hosts will be Guo Mao Financial, Wind Info and Financial TV. From the 3rd to the 5th of January 2001, they will be in Beijing where they can visit UAC, Shangdi Networks, TSS and Innostar. On January 4th 2001, all are invited to attend the ``2001 Internet Investment Conference`` organized & sponsored by Hartcourt, which will be co-sponsored by other Chinese-based Internet companies and investment bankers. The main topic of the conference is to provide Chinese entrepreneurs with insights into the ways and means of financing Internet ventures in the current financial environment.

Anyone wishing to participate in this trip or its activities must register with Hartcourt`s Los Angeles office prior to November 10th 2000. The cost of the trip is $1,700 per person, including round-trip airfare, hotel, breakfast and sightseeing trips. For details, please contact Ms. Grace Li, Hartcourt Office Manager at [phone], ext 203. Those wishing to arrange their own transportation or lodging can do so but must still register with Ms. Li prior to 11-10-00 to be included in the other group activities.

Dr. Alan Phan, Chairman of Hartcourt, said, ``The best way to appreciate Hartcourt`s expanding assets is to see them for yourself. I believe that what we have achieved during the past 12 months with limited financial resources is truly amazing. By coming to China, not only will you be able to see why we believe that China will be the fastest-growing market in the world for the next 20 years, you will get a better understanding of the current value of our existing assets and a clearer idea as to how these assets will be valued in the future. I am convinced that you will be very impressed with what you see.``

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet infrastructure group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements.

Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking Statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies, Inc.

[genwolf]

Hartcourt Subsidiary Builds Asia`s Largest B2B Electronics Marketplace with Alliance Partner
LogicSpace and Traderfirst Announce Asia`s Largest Industry Specific Business-to-Business E-Platform
LOS ANGELES, Oct. 11 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com today announced that LogicSpace, a wholly-owned subsidiary of StreamingAsia, and the Internet`s leading solutions provider for online business-to-business services in Hong Kong, jointly announced that it and alliance partner, Traderfirst.com Ltd., have successfully launched their new e-commerce platform.

The online electronic B2B platform was designed and developed under the co-operative efforts of Traderfirst.com`s industry experts and LogicSpace`s Internet professionals. Traderfirst is generally recognized as Asia`s largest business-to-business electronics industry marketplace and ASP provider for the electronic components and semiconductor industries in Asia.

The strategic alliance was developed to allow Traderfirst.com Ltd. and LogicSpace to offer the Asian electronics community an open and neutral marketplace for industry trading. Trading is more competitive and efficient on Traderfirst.com because players have access to a wide range of buyers and sellers and timely market knowledge. To date, Traderfirst.com has over 3,000 registered corporate members who regularly use its online industry trading services while membership continues to expand at a significant rate.

``Traderfirst.com`s B2B platform is designed to enhance the efficiency in the supply chain of the Asian electronic component industry. LogicSpace will help to extend the Traderfirst online exchange, creating an infrastructure that will allow the exchange to operate a comprehensive open-market sourcing and trading solution for all participants in the electronics component industry,`` said Ricky Chan, President of Traderfirst.com Ltd.

``Having already demonstrated considerable expertise in constructing scalable net markets, today`s announcement further strengthens LogicSpace`s position as a leading solutions provider in B2B Net Market design, technology, architecture and security,`` said William Wong, CEO of StreamingAsia and LogicSpace.

About StreamingAsia Ltd.

The Hartcourt Companies, Inc., which owns 50% of StreamingAsia, announced on September 21, 2000 that it has signed an underwriting agreement to bring StreamingAsia public through an Initial Public Offering. Hong Kong-based StreamingAsia (www.streamingasia.com) provides Web portals with services for the delivery of ``streaming`` or live and on-demand video and audio content over the Internet for content publishers and is considered to be among the premiere companies offering such services in Greater China.

About Traderfirst.com Ltd.

Traderfirst.com provides the most powerful electronics marketplace for electronics parts trading. Buyers post request for quotation (RFQ) on the site and locate hard-to-find parts by using the latest data-mining technologies. Sellers reply to the posted RFQ and advertise their inventories to the highly targeted buyers.

About LogicSpace Ltd.

LogicSpace, (www.logicspace.com) a wholly owned subsidiary of StreamingAsia, is an Internet consulting and web application development company that provides a wide range of Internet services, including web page design, system architecture and solution implementation.

SOURCE: The Hartcourt Companies Inc.

[genwolf]

GANZ FRISCH
Hartcourt Forms Strategic Marketing Partnership With Leading eBusiness Developer Mahadev
Next Generation e-Business, e-Banking, and e-Security Infrastructure Products To Be Exclusively Marketed by Hartcourt Subsidiaries in China
LOS ANGELES, Oct. 17 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com today announced that it has entered into an exclusive marketing agreement with Mahadev, a pioneer in eBusiness solutions with cutting-edge products developed for e-Business, e-Banking, and e-Security Internet infrastructure. Under the agreement, Hartcourt and its subsidiaries, StreamingAsia and Sinobull Financial Group, have received exclusive rights to market Mahadev`s products and solutions in Greater China, including Hong Kong.

The Hartcourt-Mahadev partnership provides a comprehensive, secure, cost-effective, reliable, easy to adopt, deploy and manage, end-to-end e-Business backbone infrastructure for any large enterprise, especially those involved in international B2B E-commerce businesses. The solution provides a solid foundation for integrating applications and scaling to billions of transactions for any e-Business needs. The products portfolio includes bzBanking(TM) for banks, financial institutions, brokerage firms, clearing houses, financial networks and hubs, credit unions and exchanges; bzCommerce(TM) for manufacturers, distributors, resellers, retailers, internet service providers and internet portals; and bzSecure(TM) for any large e-Business operation.

With the addition of Mahadev`s dynamic load balanced architecture and total end-to-end industry applications, Hartcourt`s Internet Infrastructure Group will be able to provide cost-effective, highly secure turnkey solutions to the wide market of private and government Chinese businesses looking to evolve within Greater China`s Internet space.

Dr. Charlie Q. Yang, CEO of Hartcourt, said, ``We are pleased to have been chosen by Mahadev as its marketing partner for the Greater China region. We admire Mahadev`s pioneering expertise in building world leading e-Business backbone infrastructure. The revenue generating potential from marketing Mahadev`s solutions through Hartcourt`s subsidiaries is expected to be significant.``

Srinivas Polisetty, CEO and President of Mahadev, commented, ``Hartcourt`s subsidiaries in China have a very impressive client base. We are looking forward to working with Hartcourt and its subsidiaries, especially StreamingAsia and Sinobull, to jointly deploy the best and most affordable e-Business solutions for China`s market.``

About Mahadev

Mahadev is a leading eBusiness solutions provider in developing Internet infrastructure for major corporations. It is the largest and most successful Internet Applications Development firm in India with offices in US, Europe, India, and Singapore. Mahadev`s customers are able to deliver advanced, highly scaleable web sites, while maintaining their brand integrity and legacy support throughout the process. It has developed strategic relationships with IBM, Compaq, Microsoft, Novell, Hewlett-Packard, Sun, marchFIRST, Serra Nova, and others. Some of the companies already benefiting from Mahadev`s solutions include Cisco, RSA Data Security, Gap, Oracle, Citibank, Banana Republic, Netcom, and Old Navy. Detailed information on Mahadev can be obtained via the company`s Web site, www.mahadev.com.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet Infrastructure Group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

About StreamingAsia

StreamingAsia (www.streamingasia.com) provides content publishers Web portals with services for the delivery of ``streaming`` or live and on-demand video and audio content over the Internet. It was the first company in Hong Kong to provide real time corporate conference Internet broadcasts, as well as the ability to develop a broadband network infrastructure to stream cutting-edge multi-media content. StreamingAsia has delivered high quality integrated web services to an impressive list of clients, including The Stock Exchange of Hong Kong, The Securities and Futures Commission of Hong Kong, iAsiaWorks, iSteelAsia, PSINet Hong Kong, and E!Online Asia.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies, Inc.

[genwolf]

Hartcourt Chairman to Speak at Shareholder Conferences in New York And Frankfurt Germany
Company Receives Clarification from Nasdaq on Trading of Post-Split Shares
LOS ANGELES, Oct. 19 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com today announced that its chairman, Dr. Alan V. Phan, will be the main speaker at two upcoming receptions to be held in New York City and Frankfurt, Germany. The topic of the two conferences will be the Company`s current strategies for building out its China-focused E-businesses, discussion of the Company`s planned IPO`s of StreamingAsia and SinoBull Financial Group, and the financing of its other corporate initiatives during the coming year.

The first conference will be held at the Ramada Plaza Hotel, located at the JFK International Airport, Jamaica, New York at 7:30 p.m. on October 31, 2000. Dr. Phan and Senior Vice President, Frederic Cohn will then proceed to Frankfurt, Germany where they will arrive on November 2, 2000 for a series of meetings with members of the European investment community.

A general meeting for shareholders will take place on November 4, 2000 from 6 p.m. until 8 p.m. at the Arabella Sheraton Grand Hotel, Konrad- Adenauer-Strasse 7, Frankfurt, Germany. Hartcourt will host refreshments at both events.

Those wishing to attend the New York conference are kindly asked to register in advance with Ms. Grace Li at the Company`s Los Angeles headquarters by email at: [e-mail] or by phone [phone].

Those planning to attend the conference in Frankfurt are being asked to register in advance with Mr. Christian Lindner by email at: [e-mail] or by telephone at: 49-524-692-9870 or 49-177-530-3825.

Hartcourt also disclosed that it has been notified by representatives of Nasdaq that its shares will commence trading on a post-split basis on Tuesday, October 24, 2000.

According to Nasdaq, anyone selling shares prior to trading on the 24th will also be selling their rights to receive the split shares, while those buying shares prior to the 24th will be the beneficiaries of the rights to receive the split shares.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet Infrastructure Group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies, Inc.

[genwolf]

Hartcourt gibt die Aufnahme eines angesehenen chinesischen Professors in den Vorstand bekannt
Der frühere Fulbright Scholar und MIT Sloan Graduierte ist gegenwärtig erster stellvertretender Dekan an der Tsinghua Universität in Peking

Los Angeles, CA. (24.10.00). The Hartcourt Companies, Inc. (OTC: HRCT) (Frankfurt: HCT) www.hartcourt.com gaben die Berufung von Professor Zhao Chunjun in den Vorstand des Unternehmens bekannt. Professor Zhao ist gegenwärtig Vorstand des MIS Department und erster stellvertretender Dekan der Schule für Ökonomie und Management an der Tsinghua Universität.
Professor ist anerkannt als einer der herausragendsten Denker auf seinem Forschungsgebiet und ist Mitglied folgender Vereinigungen:
Vorstand des Nationalen Beratungskomitees für die Ausbildung von Managern an den Technischen Hochschulen, Vizevorstand des Nationalen MBA Bildungsüberwachungskomitees, stellvertretender Direktor des Vorstands der System Engineering Society von China, stellvertretender Direktor des Vorstands der Information Economics Society von China und ständiger Direktor der China Information Industry Association..
Im Laufe seiner wissenschaftlichen Laufbahn hat Professor Zhao als Projektleiter für die Weltbank gearbeitet, außerdem war er Berater für die Canadian International Development Agency und Projekt Direktor für das Staatliche Wissenschafts- und Technologie Komitee in Peking.
Der Vorstandsvorsitzende von Hartcourt, Dr. Alan Phan sagte: „Wir fühlen uns geehrt solch eine herausragende Persönlichkeit der chinesischen Wissenschaftsgemeinde in unser Team aufnehmen zu dürfen. In China genießt die Tsinghua Universität einen vergleichbaren Ruf wie Harvard oder das MIT. Professor Zhao verfügt über enormen Ansehen als ein Berater der Zentralregierung in Peking in Fragen der Wissenschaft und Technologie. Sein Name wird in den asiatischen Medien häufig genannt, wenn diese auf die nächste Generation der politischen Führer in China sprechen. Seine Erfahrung und Hintergrund wird Hartcourt einen enormen Einblick verschaffen bei der Umsetzung seiner zukünftigen Aktivitäten.


Über Hartcourt
The Hartcourt Companies ist eine Beteiligungsgesellschaft, welche eine Netzwerk von Unternehmen von Internet und Telekommunikationsdienstleistern in der Volksrepublik China und in Hong Kong, durch Schaffung von Partnerschaften sowohl mit chinesischen Unternehmern als auch staatseigenen Betrieben aufbaut. Hartcourts unternehmerisches Ziel für die nächsten 3 Jahre ist es, eine Serie von IPOs oder Spin-Offs zu vervollständigen, die sich auf 4 Hauptbereiche konzentriert:
Die StreamigAsia Gruppe mit video/audio web-casting, die SinoBull Financial Group als mulitimedia Finanzdatenprovider und online Wertpapierhandelsplattform; Breitband ISP und Internet Infrastruktur; und die Hartcourt Capital Corp. Der der E-Finance-Plattform die sich auf online-Banking, Wertpapierhandel, Vermögensmanagement, Versicherungen, Ausrüstungsleasing, Hypotheken, Kredite und verwandte Finanzdienste konzentriert. Genauere Informationen zu Hartcourt finden sich auf der Web Site der Gesellschaft unter: www.hartcourt.com und www.hartcourt.de.

Vorausblickende Erklärungen

Bestimmte Aussagen in dieser Presseerklärung können „vorausblickende“ Erklärungen im Sinne der Section 21 E des Wertpapier Gesetzes (Securities Exchange Act) von 1934 darstellen. Solche vorausblickenden Aussagen betreffen Risiken, Unsicherheiten und andere Faktoren, die dazu führen können, dass die aktuellen Ergebnisse und Leistungen, ausgedrückt oder impliziert in diesen vorausblickenden Aussagen grundlegend von diesen abweichen können.



The Hartcourt Companies, Inc.
PR & IR Europe
[e-mail]
www.hartcourt.de

Diese Übersetzung ist ein Service für die deutschsprachigen Aktionäre von Hartcourt. Alle Angaben und Übersetzungen ohne Gewähr. Bei Abweichungen gilt immer das englische Original.

Originaltext:
HARTCOURT ANNOUNCES APPOINTMENT OF PROMINENT CHINESE PROFESSOR TO BOARD OF DIRECTORS

Former Fulbright Scholar and MIT Sloan Graduate Is Currently First Deputy Dean at Beijing’s Tsinghua University


Los Angeles – October 24, 2000 - The Hartcourt Companies Inc. (OTC: HRCT; Frankfurt: HCT), www.hartcourt.com today announced that it has appointed Professor Zhao Chunjun to the company’s Board of Directors. Professor Zhao is currently Chairman of the MIS Department and First Deputy Dean of the School of Economics and Management at Tsinghua University.

Professor Zhao is generally thought to be one of the preeminent thinkers in his field of study and holds various professional memberships including:
Chairman, National Advisory Committee of Management Education in Engineering Universities; Vice Chairman, National MBA Education Supervisory Committee; Vice Director, Board of Systems Engineering Society of China; Vice Director, Board of Information Economics Society of China; and Standing Director, China Information Industry Association.

During his career Professor Zhao has worked as a project leader for the World Bank, a consultant for the Canadian International Development Agency and as a project director for the Beijing State Science and Technology Committee.

Hartcourt Chairman, Dr. Alan Phan, stated, “We are honored to have such a prominent figure of the Chinese academic community joining our team. In China, Tsinghua University is synonymous with Harvard and MIT. Professor Zhao commands tremendous respect as an advisor to the central government of China on matters of science and technology. Members of the Asian news media frequently mention his name when they refer to the next generation of leaders in China. His experience and background will provide Hartcourt with tremendous insight as it implements its future activities.”
About Hartcourt
The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPO`s or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; Broadband ISP and Internet infrastructure group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements.

Detailed information on Hartcourt can be obtained via the company`s Web site,
www.hartcourt.com.

Forward-looking Statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934.
Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

Contact: The Hartcourt Companies, Inc.
Jack Westfield, Vice President, Corporate Finance
Ph: 310-410-7290
E-mail: [e-mail]
www.hartcourt.com

[genwolf]

Pressemeldung 30.10.00
Hartcourt erwirbt bedeutenden Anteil am weltweit ersten Breitband ISP auf Fiberglasbasis
Hartcourt plant eine starke Expansion des Breitband ISP-Services zusammen mit @Family Networks, die gegenwärtig einen 10Mbps und 100 Mbps Breitband-Zugang anbieten

Los Angeles, CA. (30.10.00). The Hartcourt Companies, Inc. (OTC: HRCT) (Frankfurt: HCT) www.hartcourt.com gaben heute bekannt, dass sie ein stock purchase agreement abgeschlossen haben, durch das sie 40% des Aktienkapitals der @Family Broadband Networks Ltd. erwerben , dem ersten – von ChinaCityNet Ltd. aufgebauten -Fiberglas Breitband Internet Service Provider. @Family Broadband Networks ist eine Erweiterung des gegenwärtig von @Family Broadband Networks – Shanghai (www.shanghaifamily.net) angebotenen Services, die als erster kommerzieller Breitband ISP einen 10 Mbps und eine 100 Mbps Internetzugang für Endkunden anbieten. Diese Dienste sind 50-100 mal schneller als vergleichbare ADSL oder Kabelmodem Breitbandprodukte. Hartcourts Investment in die @Family Broadband Networks unterliegt noch der Zustimmung der Regierung und dem zufriedenstellenden Abschluß des Prüfungsprozesses.
Während den letzten 5 Jahren designte und richtet @Family Broadband Networks den Shanghai Infoport ein, das erste cityweite staatliche Glasfasernetzwerk, welches Shanghai mit über 58 Fiberglaszugangsknoten versorgt. @Family, welche auch das Infrastrukturnetzwerk wartet, konnte kürzlich ein fünfjählich erneuerbares exklusives Abkommen zur Nutzung des Netzwerkes abschließen, um einen Breitband ISP-Service für Kunden in Shanghai anzubieten.
@Family hat den 10Mbps und 100 Mbps Breitband Service für Kunden ins Leben gerufen, die in Hochhäusern wohnen, welche mit der „Letzten Meile“ dem @Family Glasfaser- oder Wirelessanschluß verbunden sind. Die Joint Venture Partner planen diesen Service auch auf Dalian und Tianjin, zwei große Küstenstädte, auszuweiten, welche bekannt gegeben haben dem Shanghaier Modell zu folgen und ein cityweites fiber-optisches Breitbandnetzwerk aufzubauen. Internetnutzer des @Family Broadband Networks genießen realtime Filme, Videos und MPs Musik bei einem 10 Mbps Zugang. Der typische Nutzer bezahlt eine 60 –80 US $ Einrichtungsgebühr und eine monatlich Nutzungsgebühr von US 12 US $. Es wird erwartet, dass die Zahl der Abonnenten von @Family Broadband Networks in Shanghai auf 30 000 bis 50 000 in den nächsten 12 Monaten anwachsen wird.
Dr. Charlie Q. Yang, CEO von Hartcourt sagte: „ Nach Erhalt der notwendigen staatlichen Genehmigung, wird Hartcourt das erste ausländische Unternehmen sein, das in einen Glasfaser-Breitband ISP in China investiert. Zusammen mit unseren Partnern @family und ChinaCityNet planen wir dieses Angebot – nach den ursprünglichen Zielmärkten Dalian und Tianjin - auch auf andere große städtische Märkte in China auszuweiten, um so die Möglichkeit zu erlangen das Wachstum der chinesischen Breitbandzukunft anzuführen“.

Über @Family Broadband Networks
@Family Broadband Networks ist ein von ChinaCityNet und Hartcourt aufgebautes Joint Venture Unternehmen, welches die Expansion der Breitband-Internetinfrastruktur und den Ausbau des Services in China durch ausländische Investitionen vorantreiben soll. @Family Broadband Networks ist eine Erweiterung des lokal erfolgreichen @Family Broadband Networks – Shanghai, dem weltweit ersten Anbieter eines 10 Mbps und 100 Mbps Internetzugangs. Zudem hat ChinaCityNet in andere städtische chinesische Breitbandnetzwerk Initiativen investiert, wie z.B. das Dalian Broadband Network.

Über Hartcourt
The Hartcourt Companies ist eine Beteiligungsgesellschaft, welche eine Netzwerk von Unternehmen von Internet und Telekommunikationsdienstleistern in der Volksrepublik China und in Hong Kong, durch Schaffung von Partnerschaften sowohl mit chinesischen Unternehmern als auch staatseigenen Betrieben aufbaut. Hartcourts unternehmerisches Ziel für die nächsten 3 Jahre ist es, eine Serie von IPOs oder Spin-Offs zu vervollständigen, die sich auf 4 Hauptbereiche konzentriert:
Die StreamigAsia Gruppe mit video/audio web-casting, die SinoBull Financial Group als mulitimedia Finanzdatenprovider und online Wertpapierhandelsplattform; Breitband ISP und Internet Infrastruktur; und die Hartcourt Capital Corp. Der der E-Finance-Plattform die sich auf online-Banking, Wertpapierhandel, Vermögensmanagement, Versicherungen, Ausrüstungsleasing, Hypotheken, Kredite und verwandte Finanzdienste konzentriert. Genauere Informationen zu Hartcourt finden sich auf der Web Site der Gesellschaft unter: www.hartcourt.com und www.hartcourt.de.

Vorausblickende Erklärungen

Bestimmte Aussagen in dieser Presseerklärung können „vorausblickende“ Erklärungen im Sinne der Section 21 E des Wertpapier Gesetzes (Securities Exchange Act) von 1934 darstellen. Solche vorausblickenden Aussagen betreffen Risiken, Unsicherheiten und andere Faktoren, die dazu führen können, dass die aktuellen Ergebnisse und Leistungen, ausgedrückt oder impliziert in diesen vorausblickenden Aussagen grundlegend von diesen abweichen können.



The Hartcourt Companies, Inc.
PR & IR Europe
[e-mail]
www.hartcourt.de

Diese Übersetzung ist ein Service für die deutschsprachigen Aktionäre von Hartcourt. Alle Angaben und Übersetzungen ohne Gewähr. Bei Abweichungen gilt immer das englische Original.

Originaltext:


Hartcourt to Acquire Significant Interest In World’s First Fiber-based Broadband ISP

Hartcourt Plans Major Expansion Of Broadband ISP Services with @Family Networks Which Currently Provides 10 Mbps and 100 Mbps Broadband Access
Los Angeles – October 30, 2000 - The Hartcourt Companies Inc. (OTC: HRCT; Frankfurt: HCT), www.hartcourt.com, today announced that it has signed a stock purchase agreement to acquire up to 40% of the equity of @Family Broadband Networks Ltd., the first fiber-based broadband internet service provider being set up by ChinaCityNet Ltd. @Family Broadband Networks is an extension of the services currently being delivered by @Family Broadband Networks - Shanghai (www.shanghaifamily.net), the first commercial broadband ISP in the world offering 10 Mbps and 100 Mbps internet access to consumers. These services are 50-100 times faster than competing ADSL or cable modem broadband solutions. Hartcourt’s investment into @Family Broadband Networks is subject to governmental approval and completion of a satisfactory due diligence process.
Over the past five years, @Family Broadband Networks’ team designed and installed Shanghai Infoport, the first city-wide government-owned fiber optic network covering Shanghai with over 58 fiber access nodes. @Family, which also maintains the infrastructure network, recently received an exclusive five-year renewable agreement to use the network to provide broadband ISP services to consumers in Shanghai.
@Family has initiated 10 Mbps and 100 Mbps broadband services to consumers residing in high-rise buildings connected to @Family’s last mile fiber or wireless solutions. The joint venture partners plan to expand services into Dalian and Tianjin, two large coastal cities that have announced plans to follow the Shanghai model and deploy city-wide fiber optical broadband networks. Internet users serviced by @Family Broadband Networks enjoy real time movie, video, and MP3 music at greater than 10 Mbps access speed. A typical user pays US $60 - $100 installation fee plus a minimum US $12 monthly usage fee. The number of subscribers of @Family Broadband Networks in Shanghai is expected to reach 30,000-50,000 over the next 12 months.
Dr. Charlie Q. Yang, CEO of Hartcourt said, “Upon receipt of the necessary governmental approvals, Hartcourt will be the first foreign company to invest into a fiber-based broadband ISP in China. Together with our partners @Family and ChinaCityNet, we intend to expand these services into other major metropolitan markets in China beyond the initial target cities of Dalian and Tianjin, creating opportunities to lead the growth of China’s broadband future.”
About @Family Broadband Networks
@Family Broadband Networks is a joint venture company being set up by ChinaCityNet and Hartcourt to accelerate the expansion of broadband internet infrastructure and service deployment in China through the interjection of foreign investment. @Family Broadband Networks is an extension of the locally successful @Family Broadband Networks - Shanghai, the first commercial broadband ISP in the world offering 10 Mbps and 100 Mbps internet access. Additionally, ChinaCityNet has invested in other Chinese metropolitan broadband network initiatives including Dalian Broadband Networks.
About Hartcourt
The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet infrastructure group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.
Forward-looking statements
Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.


Contact: The Hartcourt Companies, Inc.
Jack Westfield, Vice President, Corporate Finance
Ph: 310-410-7290
E-mail: [e-mail]
www.hartcourt.com

[1077-11]

Nun ja, eine neue Meldung, welche eine Aussicht und einen kleinen Schritt aufzeigt, jedoch an den Börsen keinen Eindruck schindet. Man könnte leider sagen, aber es war zu erwarten..
Ich meine, die Euphorie ist zwar schön, aber wohl übertrieben.
Einige Gedanken dazu:

- Fiberglas Breitband Internet Service wird nach meinem dafürhalten von Family Broadband Networks aufgebaut und kostet immens viel Geld
(unabhängig davon, daß man ja mal anfangen muß)
- Werden die "Großen der Welt" wirklich außen vor bleiben, wenn China sich öffnet ? Ich glaube nicht. Das soll aber nicht der Punkt sein!
- die über 58 Fiberglaszugangsknoten versorgen in Shanghhai gegenwärtig wie viele Menschen in Hochhäusern ? (Warum nennt man keine Nutzerzahl für ein schon im Aufbau befindliches oder bestehendes Netz ? Insbesondere "die letzte Meile" ?)
-Der lange Weg ist aufgezeigt, indem gesagt wird, daß die Zahl der Abonnenten von Family Broadband Networks in Shanghai auf 30 000 bis 50 000 in den nächsten 12 Monaten anwachsen wird.
Das ist einerseits viel, aber andererseits verglichen mit US-Firmen ein kleiner Zukauf und das auf Zeit.
- Man bedenke, daß dieses Shanghaier Modell in noch zwei Küstenstädten geldintensiv aufgebaut(!)wird. Weitere sollen folgen.
-Wenn ich mir die Gebühren in Deutschland für ADSL anschaue, dann liegen wir zwischen 49 DM(Telekom, wohl kein Vergleich !) und um die 100 DM für die Flat.Und viele haben diesbezüglich ja schon wieder das Handtuch geworfen. (Verluste)
Wo kommen die Einnahmen bei 12$ her? Wann wird Gewinn erwirtschaftet? In dieser Branche interessiert es niemanden, wie viele Millionen Chinesen erreichbar wären. Hier zählen Kunden, Einnahmen und Gewinn.
Sicherlich kommt letzteres später, aber hier wird noch viel Zeit vergehen.

Das waren ein paar Gedanken, nicht um HRCT schlecht zu machen, sondern um ein paar Fragen zu dieser Meldung aufzuwerfen. So richtungsweisend wie sie auch sein mag.
Die Zeilen, welche pedro reingesetzt hat (30.10. 23.42 Uhr) sind wohl ein Grund genug, um kritisch zu bleiben.
Hier der Wortlaut:

10/100MBps pro customer!!!!!!!!

A so eine Augenwischerei!!!!!!!!!!!!!!!!!

Was die `providen` ist nix anderes als ein
(n mal)-2Mbitps-(Backbone?)-Anschluss an das Internet in einem Hochhaus, wobei
kundenseitig ein
einfacher 10baseT bzw 100baseT-Ethernetanschluss
besteht.
Es gibt halt keine anderen(500kBitps)-Ethernet-
Anschluesse, und die 10baseT werden eh bald
aussterben!!!!!!!!!!!

Achtung! Eine Internet-Backbone-Bandbreite von
10MBitps (pro Kunde) kostet ein Schweinegeld,
auch in Hongkong und China, denn schliesslich muss diese Bandbreite
irgendwann und irgendwo nach LA, Boston, London oder FRA geroutet werden, und
diese Interconnects gehen (immer noch) ins Geld!!!!

Also aufgepasst, heisst nichts weiter,
kein neues Geschaeftsmodell, Internet wird nicht schneller.....!!!!!!!!!!!!!!!!!!!!!
Ist nur Dummenfang fuer Leute, die Internet
nur als `Bitrate` verstehen.....

Nach weiteren tiefgreifenderen Informationen kann man das Bild sicherlich erst abrunden. Die Pressemeldung vom 30.10. läßt zu viele Fragen offen.
Deine Meldungen von 01/99 bis 08/00 sind für die weite Perspektive ein Anhaltspunkt, aber der Vergleich mit HRCT wäre der von Äpfeln mit Birnen.
Erstens rede ich von der unterschiedlichen Größe und Finanzkraft der Unternehmen und zweitens wird hier indirekt die Dimension Europa auf Shanghai und 2 weitere aufzubauende chin. Städte übertragen.
Und dies ist schlichtweg nicht zu vergleichen.
Denke an die erst in 12 Monaten angenommene Nutzerzahl von 30-50000 Menschen.
Wo bleibt die Meldung der Einbindung der Industrie usw. ? Wie geht es dort weiter. So viel Aufwand zum "tastaturquälen" für Private im Hochhaus?
Im Zuge der beabsichtigten Öffnung Chinas geht es hier für mich einzig und allein darum, daß HRCT im Vorfeld durch den beginnenden Aufbau (über die Beteiligung)eines Glasfasernetzes für später Marktpositionen sichern will.
Im übrigen hast Du nur auf die Problematik Provitabilität im Zusammenhang mit der Flatrate geantwortet. War auch nicht von der Hand zu weisen.

Nicht aus Boshaftigkeit setze ich Diesen Titel mal hier zur Info rein. Er zeigt die Tendenzen in Verbindung mit China auf. Es gibt da sogar Zahlen zur Investition.


Auszug Quelle WO 31.10.2000 :

Royal Dutch: Milliarden-Investition in China

Wie die amtliche chinesische Nachrichtenagentur Xinhua meldet, haben die Shell Chemicals, eine Tochter des Ölkonzerns Royal Dutch (WKN:
907 505), und die chinesische CNOOC einen Vertrag über den Bau einer petrochemischen Anlage unterzeichnet.
Dabei handelt es sich mit einem Investitionsvolumen von umgerechnet
mehr als 9 Mrd. DM um das bisher größte Joint Venture eines chinesischen Unternehmens mit einem ausländischen Partner.
Der Bau der Anlage im südchinesischen Huizhou, über den
seit 1998 verhandelt wurde, wird Anfang 2003 beginnen. Das
Gemeinschaftsunternehmen, dessen Inbetriebnahme für Ende 2005 geplant ist, soll jährlich rund 2,3 Mio. Tonnen Erdölprodukte herstellen.

Daraus leite ich auch die weitere Entwicklung für HRCT ab. Sie müssen sich über Kurz oder Lang große westliche Partner suchen, sonst werden sie von der Entwicklung überrollt.
Wer denkt, daß die guten Beziehungen zur chin. Regierung ein Schutzschild sind, der irrt wohl gewaltig.

[genwolf]

Tuesday October 31, 8:31 am Eastern Time
Press Release
SOURCE: The Hartcourt Companies Inc.
Hartcourt Confirms That Shanghai Fiber-Based Broadband ISP Is `World`s First`
@Family Broadband Networks Is the First Commercial Broadband ISP in the World Offering 10 Mbps and 100 Mbps Internet Access to Residential Customers
LOS ANGELES, Oct. 31 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com, today responded to shareholder`s questions and offered further details about its joint venture partner, @Family Broadband Networks, which is an extension of the services currently being delivered by @Family Broadband Networks - Shanghai (www.shanghaifamily.net), the first commercial broadband ISP in the world offering 10 Mbps and 100 Mbps internet access to consumers.

The Company explained that there are five types of networks offering broadband Internet accesses throughout the world today:


(1) DSL (Digital Subscriber Loop): Connection speeds for DSL typically
range from 384Kbps to 1.544Mbps downstream and 128Kbps upstream. In
addition, a DSL line allows for one line to carry both voice and data
signals, and for the data part of the line to be continuously
connected, so users can talk on the phone line at the same time that
they are surfing the Internet. Example: Broadband offered by SBC
Telecom.
(2) Satellite: Hughes DirecPC offers high-speed Internet access using
DirecPC broadband satellite technology. At up to 400 kilobits per
second downstream, DirecPC is broadband Internet connectivity.
Example: Broadband offered by DirecPC and America Online.
(3) Cable Modem: Cable modem broadband technology offers speeds far
greater than dial-up phone modems and ISDN. Its upstream data
transfer speed is limited to 128Kbps. Example: AT&T @Home.
(4) Wireless: Next generation wireless (3G) and LMDS (Local Multipoint
Distribution Services) solutions are point to multipoint broadband
wireless systems operating in the millimeter-wave spectrum bands that
can be used to cost-effectively deliver voice, data, Internet, and
multimedia services. Wireless broadband is undergoing pre-commercial
field trials today. Example: Alcatel LMDS.
(5) FTTB (Fiber To The Building): With government funding support,
Shanghai became the first city in the world to implement a fiber to
the building (FTTB) backbone network covering the Shanghai
metropolitan region during 1995-1998. The Shanghai Infoport has since
become well known in Asia and leads all other cities in the world in
building out a 100% fiber-based broadband infrastructure network.


In June of 2000 a high-level forum called ``City Informatization in the Asia-Pacific Region`` was held in Shanghai. Speaking at the forum, which was jointly organized by the United Nations, China`s Ministry of Information Industry, and Shanghai Municipal Government, Mr. Samuel Chang, the CEO of ChinaCityNet and @Family Broadband Networks said, ``The Fiber To The Building (FTTB) technology is proving to be very cost-effective in Shanghai, a centralized controlled environment with high density apartment buildings. We are excited to be the first company dedicated to the design and build-out of the Shanghai city-wide fiber Internet infrastructure and at being the first to offer guaranteed broadband access at data rates of 10 Mbps and 100 Mbps to consumers.``

Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

Forward-looking Statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies Inc.


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[1077-11]

Was haben die Meldung vom 31.10.00 und das nachfolgende Banner gemeinsam ?


Beide sind nicht sehr informativ! Aber zum posten schon mal gut!

[r.m.t.]

Danke 1077-11 für Deine aufschlußreichen Beiträge! Sehr erleichternd für Neulinge sich gegen Hartcourt zu entscheiden. Ach wäre ich doch in der Lage ähnlich intelligentes zu posten. Mir fällt leider nur ein: 10 Finger an einer Hand, 77 mal in der Nase gebohrt, beim Rausziehen warns dann 11. Dein Alias ist geknackt, Du kannst abtreten.

[1077-11]

@r.m.t.
Und wieder einer, für den es sich lohnt, zu posten. Setze Dich mal mit den geäußerten Fragen auseinander.
Natürlich ist es einfacher, bei jeder Meldung gen Osten auf die Knie zu fallen, Long zu schreien und neue Kursziele zu verkünden.
Ich stelle doch nur Thesen auf. Du kannst sie widerlegen (für die Neulinge). Übrigens, Neulinge (auf die Du wohl spekulierst) sind wohl in der Lage, Risiken einschätzen zu können, wenn sie sich informieren.
Ansonsten kannst Du Dir mit einigen wenigen hier an Board die Hand reichen ! Kein weiterer Kommentar hierzu.

[BeiGelbStarter]

@1077-11
Was willst du überhaupt? Der Kurs von Hartcourt ist tief genug, du brauchst ihn nicht noch weiter zu drücken. Wenn du Bedenken hast dann kauf sie doch nicht - fertig! Ich habe nichts dagegen wenn man offene Fragen kritisch betrachtet und zur Diskussion stellt. Aber die Art und Weise wie Du das hier seit Wochen abziehst ist oft unfair und meist nicht wert gelesen oder beachtet zu werden. Du wartest scheinbar nur auf solche Reaktionen wie diese und freust dich schon darauf mir zu antworten. Ich werde dich enttäuschen und nicht weiter darauf reagieren. An deiner Stelle wäre ich in Zukunft sehr vorsichtig von wegen kursmanipulierenden Äußerungen. Vielleicht wären wir ohne Dich ja schon ein paar Cent höher im Kurs.

Viele Grüße allen Longs - strong buy - solch niedrige Kurse werden wir bald nicht wieder sehen!

BeiGelbStarter

[r.m.t.]

`Ansonsten kannst Du Dir mit einigen wenigen hier an Board die Hand reichen`
Du hast recht, es sind nur noch Pfeifen wie du und ich hier an bord. die seriösen sind alle verschwunden dank auch Deiner Hilfe. Nun werden wir mal dafür sorgen, daß der Rest auch noch diese threads hier ekelhaft finden. Freund, wir sind doch der gleichen Meinung, da muß man sich doch nicht den Umweg über deine Fragen machen - raus kommt eh das was wir wollen: Hartcourt ist Scheiße!
Leute, hört auf 1077:
1077 besitzt lange Jahre Anlegererfahrung, ständig aufs Maul gefallen, beschäftigt sich von morgens bis abends mit Hartcourt, einer absoluten Loseraktie. Wenn man sich mit so einer Scheißaktie beschäftigt,in allen Threads anwesend ist, keine Antwort ausläßt, dann muß man schon zur creme de la creme der Anlegerschaft gehören oder man hat einfach nichts zu tun oder man findet keine bessere Aktie weil halt doch das analytische Denken fehlt. Egal, 1077 ist hier der Macher, wenn er sagt Hartcourt ist Scheiße, dann ist das so. Hört auf ihn und ihr werdet erleuchtet.
Salve 1077, in genwolf und mir hast du die Disskussionspartner die zu dir passen. wir reden die gleiche Scheiße wie du. auf enge Freundschaft für die nächste zeit auf das sich die Leser vor uns ekeln. Dann machen wir die Alleinunterhalter, na ist das ne Aussicht?
Du brauchst das!

[1077-11]

@BeiGelbStarter

.....jetzt warst Du aber schon bei Rot losgefahren. Ja, der Kurs von HRCT ist tief genug und ich freue mich wirklich nicht drüber. Hab ja auch eine. Aber drücken tue ich den Kurs doch mit meinen Fragen nicht. Bei z.Z. nicht einmal 33000 gehandelte Aktien in Deutschland und z.Z. 104000 an der Nasdaq ist Deine Aussage nicht gerade tiefgründig. Ach ja, die Amis lesen alle in WO. Und von den Chinesen ganz zu schweigen!
Und "...vorsichtig von wegen kursmanipulierenden Äußerungen. Vielleicht wären wir ohne Dich ja schon ein paar Cent höher im Kurs."
diese Äußerung ist geradezu lachhaft.
Wenn nicht mal jemand hinterfragen (nicht anzweifeln !)würde, hätten wir sicherlich auf diesem Niveau zum 20.mal seit dem Talgang von HRCT Kaufkurse.

Und ich dachte nun, ich hätte mich gebessert, indem ich versuche, konstruktive Fragen zu stelle.........

[1077-11]

@r.m.t.

Ein Glück, daß ich das zu HRCT nicht gesagt habe! (Bist Du primitiv !)
Ich stelle seit einiger Zeit nur Fragen oder Thesen in den Raum.
Hast Du was gegen Fragen ?
Das Du darauf nicht antworten kannst, ist mir ja klar.
Bezüglich genwolf glaube ich nicht, daß er was gegen meine Fragen zu Hartcourt hat. Ich denke, er und viele andere haben selber genug.
Auch ich, r.m.t. , der nicht vollkommen ist. Auch für Salve-Grüße bin ich nicht empfänglich! Bin doch kein Imperator!
Ich muß Dich und Deine Primitivität nicht haben. Ich werde weiter sachlich Dragen darlegen und wenn Du sie nicht begreifen und antworten kannst, tangiert mich das peripher.

[genwolf]

ThinkersGroup.com and Hartcourt Form Strategic Marketing Partnership For Leading Web-to-Wireless Solutions
Next Generation Web-to-Wireless Technology to be Exclusively Marketed by Hartcourt Subsidiaries in China
GREAT RIVER, N.Y.--(BUSINESS WIRE)--Nov. 1, 2000-- ThinkersGroup.com, a pioneer in Web-to-Wireless Technologies, today announced that it has entered into a letter of intent to establish an exclusive marketing agreement with The Hartcourt Companies, Inc. (OTC:HRCT - news; Frankfurt:HCT), www.hartcourt.com.

Under the agreement, Hartcourt and its subsidiaries, StreamingAsia and Sinobull Financial Group, will receive exclusive rights to market ThinkersGroup.com`s products and solutions in Greater China, including Hong Kong.

The Hartcourt-ThinkersGroup partnership provides a comprehensive, secure, cost-effective, reliable, easy to adopt, deploy and manage, Chinese web-to-wireless solution for any small to large enterprise. ThinkersGroup will set up their ThinkMotion(TM) Chinese language web-to-wireless service to allow HartCourt to offer this service to their existing and prospective customers in Greater China.

With the addition of ThinkersGroup`s ``on-the-fly`` web-to-wireless applications, Hartcourt`s Internet Infrastructure Group will be able to provide cost-effective, highly secure turnkey solutions to the wide market of private and government Chinese businesses looking to evolve within Greater China`s wireless Internet space.

Dr. Charlie Q. Yang, CEO of Hartcourt stated, ``I believe that the selection of Hartcourt subsidiaries to be ThinkersGroup.com`s exclusive marketing partners in Greater China should be viewed as a validation of the business model we have been developing over the past 12 months. The revenue generating potential of these services is considerable given the anticipated growth of web-to-wireless applications in China and other parts of the developing world.``

Ray Barton, CEO and President of ThinkersGroup, commented, ``Hartcourt`s subsidiaries in China have a very impressive client base. We are looking forward to working with Hartcourt and its subsidiaries, especially StreamingAsia and Sinobull, to jointly deploy the best and most affordable Web-to-Wireless solutions for China`s market.``

About ThinkersGroup.com, Inc.

ThinkersGroup.com, Inc. is a privately held corporation providing software solutions for the gathering and delivery of dynamic content for Internet businesses to wireless devices. Visit ThinkersGroup.com`s corporate site at www.thinkersgroup.com or sign up for ThinkConnect(TM) at www.thinkconnect.com.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet Infrastructure Group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements. Detailed information on Hartcourt can be obtained via the company`s Web site, www.hartcourt.com.

About StreamingAsia

StreamingAsia (www.streamingasia.com) provides content publishers Web portals with services for the delivery of ``streaming`` or live and on-demand video and audio content over the Internet. It was the first company in Hong Kong to provide real time corporate conference Internet broadcasts, as well as the ability to develop a broadband network infrastructure to stream cutting-edge multi-media content. StreamingAsia has delivered high quality integrated web services to an impressive list of clients, including The Stock Exchange of Hong Kong, The Securities and Futures Commission of Hong Kong, iAsiaWorks, iSteelAsia, PSINet Hong Kong, and E!Online Asia.

Forward-looking statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.


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Contact:

ThinkersGroup.com
Darren J. Cioffi, 631/592-1360
www.thinkersgroup.com

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today is PHAN DAY!!!!

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China Telecom and SinoBull Financial Group Debut New Wireless Stock Trading System at PT/EXPO COMM CHINA 2000
New Solution is First System Enabling Individual Users to Execute Wireless Stock Trading Over China Telecom`s CDPD Network
LOS ANGELES, Nov. 7 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), www.hartcourt.com, today announced that its UAC Stock Exchange Online subsidiary and China Telecom-Beijing have jointly launched the new wireless stock trading system which they recently debuted at PT/EXPO COMM CHINA 2000, the largest telecommunications/information technology show in Asia. UAC is a branch of the SinoBull Financial Group.

The wireless stock trading system is based on China Telecom`s enhanced Cellular Digital Packet Data (CDPD) network, which is currently serving six major cities in China, including Beijing, Shanghai, Guangzhou, Shenzhen, Xiamen, and Changsha. The solution is the first system allowing individual end users to access the Internet and execute secure stock trades over a wireless device connected to China Telecom`s CDPD network. Demonstration of the secure wireless trading system received an enthusiastic response from attendees of PT/EXPO COMM CHINA 2000. With Internet security currently a top concern in China, direct routing of wireless transactions over the secure UAC162 intranet to brokerage offices was very reassuring.

Simon Zhang, President of UAC Stock Exchange Online said, ``We expect the wireless stock trading services offered through our partnership with China Telecom`s CDPD network to provide significant new revenue generating opportunities in China. SinoBull Financial Group is uniquely positioned to be a leading provider of wireless Internet financial solutions in this vast and emerging market.``

Charlie Q. Yang, CEO of Hartcourt, commented, ``China`s wireless markets are experiencing explosive growth, with mobile phone customers already numbering over 50 million users. China Telecom has been looking for opportunities to install overlay networks such as CDPD to more fully utilize existing cellular networks and offer value-added data services such as the wireless stock trading solution now available via the SinoBull e-Finance Platform.``

About PT/EXPO COMM CHINA 2000

PT/EXPO COMM CHINA is the largest telecommunications and information technology show in Asia. Over 640 exhibiting companies from 23 nations took part in this year`s event in Beijing, which attracted over 320,000 attendees from China, the Pacific Rim and around the world.

About China Telecom

China Telecom is the dominant telecommunications service provider in China. The Data Communications Bureau (DCB) of China Telecom has established public data networks including ChinaNet (163), ChinaInfo (169), as well as ChinaPAC (162) which is utilized by UAC Stock Exchange Online. These nationwide networks reach over 4,000 cities across China, providing many types of data services to Chinese customers across the country.

About The SinoBull Financial Group and UAC Stock Exchange Online

SinoBull Financial Group and its subsidiary, UAC Stock Exchange Online, is a financial services integrator that enables China-based brokerage firms to provide online stock trading to its customers over SinoBull`s secure nationwide Virtual Private Network UAC162, which is separate from the Internet. The SinoBull.com portal acts as secure docking station between the Internet and the UAC162 intranet, providing the best of both worlds (Internet access by investors to input trade decisions & transactions, delivered and processed over a secure network to subscribing brokerage offices). SinoBull`s clients are among the leading securities firms in China, including giant China Securities (Hua Xia Securities, www.csc.com.cn), Guosen Securities (www.guosen.com.cn), Xiangcai Securities (www.xcsc.com) and Anshan Securities. SinoBull is recognized as a leader in providing comprehensive financial information on China`s markets by its content distribution relationships with Yahoo! China (http://cn.yahoo.com/fnews/sinobull), People`s Daily, Securities Daily and other leading distribution channels.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet infrastructure group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements.

Detailed information on Hartcourt can be obtained via the company`s Web site: www.hartcourt.com.

Forward-looking Statements

Certain statements in this news release may constitute ``forward looking`` statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.

SOURCE: The Hartcourt Companies, Inc.

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