Hartcourt - Der Phoenix aus der Asche !!! - Teil I - 500 Beiträge pro Seite

[sevim]

Hallo Hartcourtgemeinde,

da keine neúen Ufer-Threads geöffnet werden, habe ich mir erlaubt, mir eine neue Reihe auszudenken. Um nicht als diejenige dazustehen, die erst auf den fahrenden Zug aufspringen, wenn er schon lange läuft, bekenne ich mich als Hartcourt-Long, weil ich an den Erfolg immer noch glaube. Denn spätestens in einem Monat werden alle wieder von dieser Aktie begeistert sein und sagen, daß habe ich doch die ganze Zeit gewußt. Ich bin zuversichtlich, daß noch viele andere genauso denken wie ich.

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Für alle, die Hartcourt noch nicht kennen, die Zusammenfassung von der Hartcourt-Homepage:
____________________________________________________________

The Hartcourt Companies, Inc.
"The best way to predict the future is to create it"

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 E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements.

Hartcourt, its strategic investments and subsidiaries are focused on building leading edge technologies and services. Targeting industry leaders for key acquisitions in Hartcourt`s Asia strategy, the company provides a synergistic environment for accentuating strengths and building market share. Current leaders of their respective markets: SinoBull.com (China E-Finance platform), UAC (sole E-StockTrade enabler over the ChinaPac 162 nationwide network), GuoMao (#1 in China`s commodities research), WindInfo (#1 in China`s securities research), StreamingAsia (Streaming media solution provider, #1 vs. its Hong Kong peers), and SyndicateAsia (Leader in content syndication of Asia-focused content).


Hartcourt`s Subsidiary, the SinoBull Financial Group, is a leading financial technology enabler, providing Mainland brokerages and financial institutions the hardware, software and support to allow their customers the ability to trade stocks online.


The SinoBull Financial Group is directly composed from the union of UAC Stock Exchange Online, Financial Telecom, SinoBull Network and Shanghai Guo Mao, with investments in WindInfo.


SinoBull uses the ChinaPAC 162 (UAC162), a private China-wide network, separate from the Internet, that provides financial transactions Reliability and Security from the insecure Internet world.


The SinoBull Financial Group operates the SinoBull.com E-Finance platform and wireless services portal. Widely popular, SinoBull.com provides extensive financial content, real-time market data, tools and analysis of the Mainland markets.


SinoBull has formed a Joint Venture Partnership with China Cable Networks (CCN) for the creation of a dedicated SinoBull CCN Financial TV Channel to inform and educate the Mainland public, as well as showcase SinoBull products and services.


StreamingAsia.com and LogicSpace.com are multimedia content enablers, providing client web portals with services for the delivery of "streaming" or live and on-demand audio and video content over the Internet. Streaming solutions provide turn-key Streaming TV broadcasting solutions, for example BeijingTV, PhoenixTV, GuangdongTV, and Chinese government media events.


Hartcourt is focused on becoming a provider of Broadband Content, an enabler of Broadband Technology and a builder of Broadband Infrastructure through the joint family of Hartcourt and Hartcourt`s subsidiaries products and services.


Hartcourt is strategically investing in the development of a web hosting and data warehouse solution provider, providing solutions for China businesses in e-commerce, IP telephony, IXC`s (Internet eXchange Centers), WAP portals, ISP service, content services, etc.


With the completion of the acquisition of ElephantTalk, Hartcourt gains access to the ETNS project`s 8,307 km fiber optical backbone network, running through the economic heartland of eastern China. In addition, Hartcourt`s partnership with Innostar, provides access to IP phone services across China and Hong Kong (ElephantTalk providing IP telephony services).


Hartcourt subsidiary, Hartcourt Capital, is in process of developing additional online financial services such as online banking, monetary exchange, currency futures, online insurance, online lending, virtual credit services, B2B e-commerce, etc.

____________________________________________________________





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MFG sevim

[sevim]

Hallo nochmal,

WTO-Verhandlungsstand

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New talks on entry to WTO expected shortly


REUTERS in Beijing





--------------------------------------------------------------------------------

The World Trade Organisation will soon announce the next round of multilateral talks on China`s entry, according to Xinhua, raising hopes Beijing and Washington have resolved their differences.
Chinese officials have said a new round of talks with WTO members was delayed by disagreement over its subsidies for agriculture and "unreasonable" demands from some members.

Xinhua said China and the United States had called for an "early start" for the next round of multilateral talks in Geneva.

China`s chief WTO negotiator Long Yongtu and US Trade Representative Robert Zoellick agreed at a meeting on Friday that the next round of talks should be held as soon as possible, it said.

Officials from China`s Ministry of Foreign Trade could not be reached for comment yesterday.

China and the US met earlier this month in Washington to iron out differences to allow another round of talks.

A previous round of talks in Geneva in January failed to resolve outstanding issues that would clear the way for China to join the WTO. At issue was its subsidies to farmers and access to its tightly guarded insurance market. Beijing insists it be allowed to increase subsidies to its farmers if necessary, a moved opposed by the US and others.

China and the US agreed at the meeting on Friday that Beijing`s early entry into the WTO serves the interests of both countries, Xinhua said.

Trade minister Shi Guangsheng said earlier this month China would enter the WTO soon despite remaining obstacles.

Mr Shi did not give a date for entry, but said membership of the world trade club was certain.

"China`s accession to the WTO is the general trend and the outcome is already a foregone conclusion," he told a news conference during the annual two-week session of the National People`s Congress.

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MFG sevim

[Brem]

Ich bin auch wieder mit dabei

Mit etwas Glück bildet sich da auch Charttechnisch ein schöner Boden aus, dann wäre sogar ein Zock drin. Aber besser wäre natürlich ein langsamer Ansteig. Fundamental wäre das ja drin aufgrund der außergewöhnlich großen Wachstumsmöglichkeiten.

[sevim]

Hallo Brem,

bleib am Ball

Hier noch ein paar Bemerkungen von Oracle und einige Zahlen zu China:

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INTERVIEW-Oracle`s Asia, China business immune to tech woes
Sunday March 25, 10:06 PM EST

By Edwin Chan

SHANGHAI, March 26 (Reuters) - Oracle Corp`s (ORCL) China and Asia Pacific businesses should escape a raging global technology shake out that has ravaged nearly every facet of a once red-hot industry, the firm`s China chief said.

The world`s second largest software maker believes Beijing`s accession to the World Trade Organisation and development projects in western China will be long-term cash cows, Andrew Hu, managing director for Oracle in China, told Reuters in an interview.

"(A tech slowdown) certainly affected the U.S. But in the Asia-Pacific, I think so far we`re still pretty much on track," he said. "In China, the forecasted GDP growth is still seven percent or thereabouts, and I see our business growth will continue with that growth curve."

Oracle Corp will likely shoot for 25 to 30 percent growth in its China business this year, but might overshoot that target if the country keeps its galloping economy on track, he added.

"From our own internal marketing view perspective, I would say, conservatively, any (IT) organisation with China should grow at least 25 to 30 percent."

ASIA MAY ESCAPE WORST

Oracle`s Asia business, which accounts for about 12 percent of global revenue, would escape the worst of an industry slowdown that had slashed sales and earnings forecasts for companies across the technology, media and telecommunications spectrum.

Demand for everything from semiconductors to e-commerce to mobile phones is in doubt, but Oracle`s growing Asia business might stave off the increasingly global trend, Hu said.

There are other, China-specific potholes along the road. Hu cited problems such as the prevalence of pirated software and an unwillingness among old economy firms to invest in software.

"Even though (research firms) IDC and Gartner predict a huge expenditure in IT, unless things change, software will be a very small portion of that (in China)," Hu said.

"But I think it`s an increasing portion."

Oracle posted fiscal third-quarter earnings of $583 million on March 16 and warned its final quarter ending May 31 might fall flat, sideswiped by the sputtering U.S. economy and resultant unwillingness of many companies to spend on IT.

CHANGING CULTURE

But Chinese firms are starting to become more technology savvy and upgrade software in a drive to boost efficiency, a trend that should improve after China joins the WTO as expected in coming months, Hu said.

Membership in the world trade body should open the floodgates to a wave of foreign investment and multinational firms, who with their more Western-style culture might spur software purchases.

Hu is also counting on continued state enterprise reforms to drive demand for IT as lumbering state-owned dinosaurs strive to upgrade management and modernise their operations.

"We`re seeing really a lot of talk about corporations and senior management using IT," Hu said. "There`s absolutely a movement opening up right now. We think that almost every state-owned enterprise is trying to overhaul its organisation."

SOFTWARE GOING WEST

In an unusual move for a multinational tech firm, Oracle also maintains a branch in far-flung Chengdu in Sichuan province, the heart of a chronically under-developed western region that officials have vowed to industrialise.

China is forking out a huge amount of cash to build up the west. A year ago, Beijing launched a massive scheme to pour state funds into infrastructure projects to create jobs in the country`s impoverished west.

"Whatever the infrastructure projects are, where the country needs the technology, that`s where we`re going to try to align and match up," Hu said.

"Aren`t we `going west`? In the short term, the business is focused on the coastal provinces. In the long term we need to help the enterprises develop their IT infrastructure."

While Hu did not single out any particular project, some of the plans include building a $2.5 billion railway to Tibet and the controversial $25 billion Three Gorges Dam, China`s costliest water project.



©2000 Reuters Limited.

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"Room to grow for China Wireless"....


TOKYO (CBS.MW) -- Despite its ranking as the largest cellular market in
the world in terms of subscribers, China has much in common with
some of the world`s weakest cellular markets as well: a very low
population penetration rate. Though only about 6.8 percent of China`s
population is cellular subscribers right now, a new report from The
Strategis Group forecasts enormous potential for the market.

The study, "China Wireless Market", predicts a compounded annual growth
rate of 21.6 percent between 2000 and 2007, bringing the country`s total
cellular subscriber base to about 334 million by 2007.

"A large proportion of the expected growth will be driven by user adoption in
large urban localities and the more affluent coastal provinces, as China is still a
vast country of varying proportions," Oliver Tan, regional director of The
Strategis Group, Asia Pacific Office said in a press release.

Basing its analysis on the provincial-level, the study forecasts high annual
growth rates in China`s cellular market driven by a general decline in the cost of
cellular service, market competition, rapid pre-paid user adoption, and the
introduction of new services by operators. China Mobile, the country`s largest
cell phone carrier, is already hoping a new billing system will encourage more
cell phone users to sign on. The current system billed both the caller and
receiver, new billing would be just one-way. (Unfortunately what looks like good
news for Chinese consumers turned out to be bad news for investors. China
Mobile (CHL: news, msgs, alerts) stocks seesawed in early March over worries
of a possible price war sparked by the new system and its effect on earnings.)

Internet penetration through personal computers in China still lags behind
cellular penetration. Interactive Audience Measurement Asia (Iamasia) put the
number of Internet users in China at around 15.2 million. And a survey by
NetValue for January 2001 showed that only 17.9 percent of the households in
China`s four largest cities of Beijing, Guangzhou, Shanghai and Shenzhen are
connected to the Internet.

The report points out that for many Chinese, their first Internet experience will
likely be over wireless rather than wireline systems.

Poh Kwee Heng, senior analyst with The Strategis Group, Asia Pacific Office
was quoted as saying, "This phenomena offers mobile Internet content
providers and mobile service operators great growth prospects if they are able
to develop competitive packages to encourage user adoption. The main
challenge now is for them to continually innovate their services to ensure that
there will always be compelling applications and rich content to remain
appealing and relevant to users." Based in Washington, D.C., The Strategis
Group focuses their market research and consulting on telecommunications
including broadband, wireless, cable TV, satellite, Internet and competitive
telephony industries.


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MFG sevim

[Franz Beckenbauer]

Hi sevim,

ich sehe das genauso wie du. Wenn der Termin für das IPO raus ist geht es ab nach Norden. Das Listing bringt wieder Vertrauen und frisches Geld. Wenn dieses Jahr erfolgreich abgeschlossen wird (IPO von SB od. Merger) etc..., dann sollte der Durchbruch geschafft sein. Dann kann uns nur noch ein politisches Desaster stoppen.

Darüber hinaus bin ich mir bewußt, daß es bei HRCT immer noch einige Risikofaktoren gibt. Aber es ist MEINE Entscheidung und MEIN Geld. Sollte HRCT eines Tages wirklich bei 50 € stehen so werde ich jedoch nicht mit Schadenfreude auf einige Leute zeigen. Schließlich bin ich der Meinung, daß es hier einige Leute gibt die nur warnen wollten. Leider ist die Stimmung hier eskaliert und durch Poster wie "franzfinanz" wurde die Stimmung extrem vergiftet (was nicht heißen soll, daß es bei den "Longs" nur Lämmlein gegeben hat).Vielleicht kann es doch noch eine vernünftige Diskussionsgrundlage geben. Ich habe in der Vergangenheit z.B. einige vernünftige Gespräche mit "Felicia" geführt. Vielleicht sollten beide Parteien in den Anfängen 30% vom Gas gehen wenn sie miteinander sprechen. Und beide Seiten sollten Extrem-Poster (negativ wie positiv) außen vor lassen.
Und sollte HRCT den Bach runter gehen; Nicht schön aber mit dem Risiko habe ich gezockt.

Servus Franz...bacardi-feeling

PS:

@ Panik
Dieses Jahr kommt unsere Insel wieder vor´s Teleskop

[kieI]

moin. moin,
Hartcourt Mit-Besitzer,
schön, daß es wieder einen normalem HRCT Thread zu geben scheint.

Morgen oder übermorgen wird wohl wieder ein Brief von unserem CEO kommen:

By: daddycool100 $$$$
Reply To: None
Just talked to Dr.Phan on phone..Very nice man..Phan letter in next day or 2..He working on it now.
GO HRCT!! DC100

Das schöne als long ist; man kann getrost die Aufs und Abs aussitzen;
Die Zukunft gehört China und die Chinesen wollen ins Netz, daß ist sicher.
Solange HRCT kein Konkurs droht, und danach sieht es nicht aus, brauchen wir nur abzuwarten.
WTO wird kommen und dann werden plötzlich sehr viele China Aktien kaufen wollen.
Ich habe sie jetzt schon.

gruß
kiel

[Nixon]

Hallo,

es freut mich, daß hier anscheinend wieder Normalität
eingetreten ist und man wieder eine vernünftige Kommunikation führen kann.

Sevim, ich hoffen wir starten mit Deiner neuen Thread-Reihe in die Zukunft durch. Panik, wo steckst Du?. Du hast das Schiff doch nicht verlassen (kann ich mir nicht vorstellen)? Selbst wenn Hartcourt den Bach runter geht, so haben wir doch mit den alten Threads zumindest unsere Kenntnisse in der römischen Zählweise aufgefrischt.

Hat sich jemand schon mal Gedanken gemacht wie das mit den
Dividende-Shares laufen soll? Alles was bisher über das Anlegen eines Depots bei Koffmann geschrieben wurde, bezieht sich ja auf eine vorbörsliche Beteiligung an den
Emissionen. Die DS werden doch eh frühstens in 6 Monaten ausgegeben? Kann dazu jemand was sagen?

Gruß Nixon

[GuenterGewuerz]

Sevim,
sehr gute Idee, hoffentlich bleibt das Niveau hier oberhalb der Gürtellinie. Poste sehr selten, bin allerdings schon seit 2 Jahren sehr dick investiert und hole meine Informationen meistens aus dem raging bull Board.
Gestern war doch ein Roadshow Treffen in Florida, hat jemand irgendwelche Infos darüber? Außerdem ist heute Dienstag, verschärfte Chance für das IPO von SA. Hoffen und Geduld haben, Euer
Guenter

[TheEngeneer]

@all

Dem allgemeinen Tenor möchte ich mich anschließen und hoffe auf sachliche Infos und Diskussionen.
Ich habe bei WO angeregt, daß die dieses Board mal genauer unter die Lupe nehmen und solche Störenfriede (jeder weiß wer gemeint ist) sofort gesperrt werden. Ob die von WO das auch machen ist ein anderes Kapitel!!

In diesem Sinne: auf nach Norden

Gruß

TheEngeneer

[Nixon]

@GuenterGewuerz

die Treffen finden erst Ende der Woche statt.
Das Meeting in New York am Donnerstag (29.) und das Meeting
in Florida am Samstag (31.)

@all
Beim GEM (www.hkgem.com) ist im Bereich der Neu-Emissionen ein Eintrag zu
finden, daß derzeit 22 Unternehmen einen Antrag auf Zulassung gestellt haben. Desweiteren gibt es die Information, daß 15 Unternehmen die Zulassung bereits erteilt wurden, diese aber noch nicht emitiert sind.
Die Liste wurde letztmals am 28.02 erneuert.
Kann jemand sagen um welche Unternehmen es sich in den
entsprechenden Listen handelt und zu welchen Zeitpunkten
ein Update der Liste erfolgt.

Gruß Nixon

[sevim]

Hallo Hartcourtler,

ich freue mich, daß die neue Threadreihe positiv aufgenommen wurde. Eine sachliche Diskussion über Hartcourt ist das Ziel und ich hoffe, daß sich alle daran halten.

Ich werfe mal eine Frage in die Runde.

Ist SA wirklich nur 20 Mio.Dollar wert, wie uns Quamnet.com in folgender Veröffentlichung sugerieren möchte?

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StreamingAsia.com Ltd., which provides technologies that help deliver video and audio on the Internet, is seeking to list on the GEM around late March or early April. The company, which is 50 percent-owned by Nasdaq-listed Hartcourt Companies Inc., is expected to raise about US$20 million through the listing. Yuanta Securities is the sponsor of the issue.


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MFG sevim

[cashmanager]

@ Sevim

Also wenn die 9 mio (USD ???) Umsatz die Dr. Phan erwähnt hat stimmen,
ist SA mit dem 2,2 fachen Umsatz bewertet. Das ist soweit o.k.
Die Frage ist , ob der Markt momentan mehr bezahlt möchte.
Wir haben ja auch keine anderen Angaben wie Gewinn oder Cash flow.

Gruß

[kieI]

moin, moin

diese Chartanalyse habe ich vom rb board kopiert; sie ist von Q,
einem Consors Startrader erstellt worden.

gruß
kiel



http://www.geocities.com/q_the_first/charts/hrctdb.gif

[H@ns]

Hallo Hartcourt Longs,
auch ich freue mich über diesen erfrischend guten Thread! Weiter so!

Dies habe ich soeben im RB-Board gefunden, weiß aber nicht, woher der Poster die Info hat:

!!!!! GOOD NEWS from Hong Kong. The S.A. docs have made it past a preliminary APPROVAL process, and can look forward to being approved possible this coming Tues. and the Prospectus is then printed with the committee`s approval of the IPO.

Gruss
H@ns

[Nixon]

Hi all,
wie interpretiert Ihr die Umsätze des gestrigen Tages in den USA? Erst fast kein Handel, und dann gegen Ende eine Anhäufung von größeren Transaktionen. Sieht doch so aus als ob da einige schon wieder mehr wissen als wir. Im RB konnte ich bisher dazu keine Informationen finden. Wäre dankbar über eine Meinung.

Nixon

[GuenterGewuerz]

@ Nixon,
die ersten Stunden war da ja aber auch wirklich kriminell wenig los! Wahrscheinlich kam dann doch die Enttäuschung durch, daß es gestern nicht mit dem SA IPO geklappt hat (Dienstags ist die Hoffnung auf Bekanntgabe ja höher!). Dadurch haben sich wohl noch einige von ihren Papieren getrennt. Allerdings habe ich die andere hoffnungsvolle Nachricht über den erfolgten "pre approvel" an der GEM auch gehört! Befürchte, daß wir jetzt 2 schwächere Tage sehen, um dann wieder in Hinblick auf Dienstag zu steigen. Wir hatten schon so viel Geduld, lassen wir uns davon bitte nicht abschütteln!
Guenter

[Q._2011]

Hallo,

gestern hat das mit meinem Chart nicht geklappt. Ich denke man kann keine Grafiken mehr vom Geocities Server einstellen.

Also hier der Chart: (vom 27.03.01)


Gruß Q.

[Nixon]

Hier eine Liste von Unternehmen für die demnächst eine
Roadshow ansteht:

(Liste gekürzt - Original: siehe Link)

Quam IPO Watch: KMB`s RoadShow to List in Mid-April
Mar 30, 2001 - 18:34:43 HKT
Quamnet News ServiceThe following is a latest list of companies seeking to list on the Stock Exchange of Hong Kong and
the Growth Enterprise Market (GEM), the city`s second board:

RoadShow Holdings will be spun off by Kowloon Motor Bus Holdings Ltd. (0062) in mid-April. It plans to list on Hong
Kong¡¦s main board, and possibly also London, raising between HK$400 million and HK$500 million. It runs the bus
company`s multimedia on-board business, will register HK$30 million in profit for this year. CLSA Securities has been
hired to sponsor the issue.

China Medical Science Ltd. (8120) is seeking to sell 100 million new shares, or 20 percent of its enlarged share capital,
at 55 HK cents to 65 HK cents each, raising up to HK$56 million through a listing on the GEM on April 10. It has an
over-allotment option to issue an additional 10 million new shares. Yuanta Securities and Polaris Securities are the
sponsors of the issue.
.
.
.
StreamingAsia.com Ltd., which provides technologies that help deliver video and audio on the Internet, is seeking to list
on the GEM around late March or early April. The company, which is 50 percent-owned by Nasdaq-listed Hartcourt
Companies Inc., is expected to raise about US$20 million through the listing. Yuanta Securities is the sponsor of the
issue.
.
.


http://www.quamnet.com/fcgi-bin/news.fpl?par2=2&par3=12&par4…

[sevim]

Hallo Hartcourtler,

____________________________________________________________



WTO
China to speed up financial rule changes for WTO entry
Mar 30 2001 10:39AM


Homeway


China`s central bank will pace up amendments and drafting of new financial regulations this year to make them more adaptable to changes after China joins the World Trade Organization (WTO), China Daily reported.

The rules to be amended this year are expected to include a regulation on foreign financial institutions which was adopted in 1994. The new rule will give equal treatment to foreign banks with domestic banks.

It is likely to expand the business scope and customer range in renminbi business for foreign banks in China in line with China`s WTO commitment.

China pledged to allow foreign banks to conduct renminbi business with Chinese firms two years after its WTO entry and in retail business after five years.

"Foreign banks will have wider access to the domestic market and there should be a certain ratio set between the volume of loans and deposits in renminbi and that in foreign currencies," said Qin Chijiang, deputy secretary general of the Financial Association of China.

The central bank will also for the first time adopt rules concerning close-down and bankruptcy of financial institutions, personal credit management and methods to prevent money-laundering, bank sources said.

The package is expected to set new standards for the financial market and facilitate protection of creditors and clamp-down on irregularities.

"It is a positive move by the central bank to build up a comprehensive regulatory framework which will ensure the legal interest of the financial institutions and better monitor illegal behaviour," said Qin.

It also demonstrated the Chinese authorities` determination to make the financial regulations more compatible with international standards to pave the way for an all-round opening-up in the next few years.

A standard guidance regarding the shut-down and bankruptcy of domestic financial institutions will better solve disputes between debtors and creditors, Qin said.

Delayed payment of debt and bankruptcy of some domestic trust firms over the past few years have damaged the credibility of domestic financial institutions, he said.

The Chinese authorities are also determined to rectify irregularities in the banking industry and boost the credit system for individuals.

New rules concerning clampdown on money laundering will enable banks to make timely discoveries of abnormal money transfers between accounts and monitor the legitimacy of funds, analysts said.

Copyright (c)2001 Beijing Homeway Info

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MFG sevim

[sevim]

Hallo nochmal,

hallo kiel, warum hast du dies nicht auch hier gepostet, super Bericht.


____________________________________________________________

http://pics.financial.de/research/hartcourt.doc


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MFG sevim

[sevim]

Hallo Feli,

habe deine Meinung zu dem Bericht schon in Brasils Thread gelesen. Bitte keine Wiederholung.

Hallo Brasil,

las unsere Threads nebeneinander laufen, so streuen wir ein wenig diejenigen, die uns ins Fahrwasser wollen.


Zu Hartcourt wollte ich noch folgendes sagen.

Wenn eine Firma, die angeblich kein Geld mehr hat noch soviel auf die Beine stellen kann wie Hartcourt momentan,
dann würde das heißen, bei entsprechenden Geldmitteln könnte Hartcourt ernsthaft zum GlobalPlayer aufsteigen.

MFG sevim

[bara-boo]

Press Release

SOURCE: The Hartcourt Companies, Inc.

Hartcourt Announces Annual Results for 2000;
Company Believes China Assets Continue to be
Attractive Investments

LOS ANGELES, April 2 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin
Board: HRCT - news; Frankfurt: HCT), www.hartcourt.com today announced its annual
results for fiscal year 2000.

Revenues in 2000 were $1,531,339 compared to $378,677 reported in 1999. On a fully diluted
basis, the company reported a net loss in 2000 of $6,790,879 equal to 11 cents per share versus
a net loss in 1999 of $7,862,468 equal to 20 cents per share. As of December 31, 2000
Hartcourt had 59,486,747 shares outstanding compared to 39,405,356 shares outstanding as of
December 31, 1999.

Mr. Manu Ohri, Hartcourt`s Chief Financial Officer stated, ``Because of various investment
banking activities that the company was negotiating during the fourth quarter, we could not
consolidate the statements of operations of any additional revenue generating holdings in
Greater China prior to closing the books for fiscal year 2000. Had this additional revenue been
available, Hartcourt would have reported significantly higher sales figures.``

``I also would like to point out that approximately $3,700,000 of the stated losses for 2000 were
from non-recurring events. These events primarily include the write down of $2,500,000 of
marketable securities the company acquired in GoCall Inc. in 1999, and the write-off a note
receivable from an unrelated entity in the amount of $225,000,`` said Ohri.

Hartcourt CEO, Dr. Charlie Q. Yang stated, ``It is important to point out that in contrast with
the United States, Japan and other countries, China`s GNP is expected to grow at a 7% pace in
2001. All Hartcourt subsidiaries and strategic holdings in Greater China have substantial cash
on hand and incur relatively small operating costs from their activities. We believe that they
have sufficient cash flow from current operations to not only sustain these activities, but to
assist in near term growth as well.

``Additionally, it`s encouraging to see China`s securities markets continue to perform
significantly better than other major world markets. In this type of investment climate, it is
reasonable to believe that the business ventures Hartcourt is pursuing in China will continue to
be attractive to outside investment.``

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 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.


Gruß

bara-boo

[bara-boo]

Hartcourt Chairman Reviews Operations and Corporate Planning With Shareholders


LOS ANGELES, April 3 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), (www.hartcourt.com) today sent the following letter to its shareholders:

Dear Shareholders:

Oliver Wendell Holmes once said, "The greatest thing in this world is not so much where we are, but in what direction we are moving." I remember that quotation well, because where we are right now is not pretty. And compared to a year ago, it can be a bit depressing, especially if you bought into HRCT or other tech stocks at the market`s highs.

As we begin a new quarter in our operations, I would like to convey my belief that while these recent developments will likely cause delays of many pre-planned ventures in China, I believe that large over-extended multi- national and mid-cap corporations will be impacted to a greater degree than the activities of Hartcourt, and may even contribute to additional opportunities being available to those companies nimble enough to act quickly and work within the existing environment.

Our business expansion will continue and I will be traveling to China later this week to seek out new opportunities while taking steps to close some of the transactions we have announced over the past months.

In short, I am as optimistic and confident as ever of achieving our company mission and its objectives. Let me summarize my reasons for this optimistic stance:

1. In contrast with the US, Japan and other countries, China`s GNP is

expected to grow at a 7% pace in 2001. The spending in technology

solutions is still going strong; therefore, its tech sector is not

expected to suffer from the earning malaise experienced by US

technology companies.

2. The Chinese stock markets are still appreciating thanks to the opening

of B-shares to local residents. Our SinoBull subsidiaries should do

well in this environment.

3. Due to the slowing economic growth in the US, Japan and Europe, many

multi-national companies that might have posed strong competition to

our ventures have shelved their plans to enter the China market.

Therefore our subsidiaries and strategic investment partners should

enjoy another year of dominance thanks to their current market

penetration.

4. All Hartcourt subsidiaries and strategic partnerships in Greater China

have substantial cash on hand and incur relatively low expenses from

their operations. Even if the economy takes a turn for the worst, they

appear to have sufficient cash flow from operations to sustain them for

the foreseeable future.

5. The plan for monetizing our assets is in place and we expect it to

proceed according to schedule, despite the lower forecasts for the

stock markets. Consequently, I have little doubt that HRCT

shareholders will be holding shares in three additional companies by

this time next year.

6. Our overall management team continues to attract new talent. We are

focused, determined and mentally unshakable. We believe we will be

successful because we are always prepared to take the extra step and do

more than what is required of us. We continue to aim for the top of

the mountain.

During the investor meetings we conducted in March, we answered many questions regarding the purchase of shares in some of the holdings we plan to spin-off through IPOs, as well as the distribution of dividend shares. Let me again share with you our plan:

a. Most of the IPO shares are pre-sold by underwriters to institutional

investors. However, to have a successful IPO with over-subscription,

we need your participation in the subscription to purchase shares.

Even though the amount of money involved is small, the psychological

impact of US and European investors in the IPO process will boost the

level of confidence in the market place. We appreciate your support in

this effort.

b. Hartcourt remains committed to distribute shares of SA, SinoBull and

ETNS to our shareholders. We shall structure the distribution schedule

of these dividends so as to provide the greatest benefit to long-term

shareholders. The distribution of any future dividends is not intended

to be a one-time event, but rather a process that will be completed

over the next two years. Of course, the schedule might be adjusted to

lessen tax consequences or to comply with other legal constraints.

c. It is likely that you will receive these proposed dividends as shares

listed on a foreign stock market. Before we can apply for American

Depository Receipts (ADRs), it is best that you open an international

account with your broker enabling you to trade these issues. Better

yet, you could open an account with Koffman Securities and support our

investment there too. Koffman`s applications can be requested through

our office in Los Angeles.

Overall, we are moving steadily in the right direction. The vision is clear, the plan is essentially unchanged and the execution continues. We might have run into a heavy storm, but our ship is sturdy and we plan to arrive at our port as expected. While my feelings are that the next six months will be a difficult period for the financial markets, I also believe that afterwards it will be "Tech Stocks, Act II," and I believe Hartcourt will be a marquee player.

China will still be China with its 1.4 Billion people, cutting edge technology will still be the driving force of our modern economy, and Hartcourt will still be one of the leading Internet companies in Asia. My conviction and commitment to victory and success is as solid as ever. My father used to tell me, "Life is like riding a bicycle. You don`t fall off unless you stop pedaling." Let me assure you, our legs are strong and we are riding on. The parade is waiting.

Sincerely,

Dr. Alan V. Phan

Chairman

Gruß

bara-boo

[TheEngeneer]

Hallo Leute,

mal eine blöde Frage - momentan kühlt sich das Klima zwischen den USA und China weger des Jets doch etwas ab - wie seht ihr diese Entwicklung in Bezug auf HRCT??

Gruß TheEngeneer

[Nixon]

20.03.2001
Hartcourt spekulativer Kauf
Financial.de


Die Analysten von Financial.de stufen die Aktien von Hartcourt Companies (WKN 900009) als spekulativen Kauf ein.

The Hartcourt Companies, Inc. stelle eine Investition in eine Beteiligungsgesellschaft dar, die von dem Potenzial des Internets im chinesischen Markt überproportional profitieren wolle. Das Unternehmen betätige sich als Beteiligungsgesellschaft, die eigene Tochterunternehmen zur Börsenreife entwickeln wolle. Bereits in diesem Jahr seien Börsengänge von Unternehmen aus dem Beteiligungsportfolio geplant. Mit der Tochter SinoBull Financial Ltd. sei Hartcourt in einem der aussichtsreichsten Märkte des Internets, den Onlinefinanzdienstleistungen, sehr gut positioniert.

Gerade die Entwicklung in den USA und Westeuropa zeige, dass Finanzdienstleistungen profitabel über das Internet abgebildet werden könnten und gleichzeitig hohe Zuwachsraten generieren würden. Zusätzlich seien in der Gruppe Unternehmen aus dem Bereich Breitbandtechnologie und Audio- und Videocontent konzentriert. Damit stoße das Unternehmen in die Zielrichtung eines internetbasierten Multicontentanbieters. Das erfahrene Managementteam der Gruppe verfüge über die im chinesischen Markt essentiellen Netzwerke, um Geschäfte erfolgreich betreiben zu können. Da aus der Hartcourt-Gruppe bisher keine Börsengänge erfolgt seien, könne aus den Umsätzen nicht auf den Geschäftserfolg geschlossen werden. Vielmehr stecke das eigentliche Potenzial der Hartcourt in den Beteiligungen und den Chancen und Risiken eines Börsengangs dieser Gesellschaften.

Gerade in China und Hong Kong sei eine ähnliche Interneteuphorie zu erwarten, wie sie der amerikanische und europäische Markt gerade hinter sich habe, so dass die Börsengänge ausgesprochen erfolgreich verlaufen könnten. Trotz des Kursanstieges in den vergangenen Wochen weise Hartcourt nur eine Marktkapitalisierung in der Größenordnung von 60 Mio. US-$ auf. Allein ein erfolgreicher Börsengang einer Tochtergesellschaft könne zu einer Bewertung der gehaltenen Anteile in dieser Größenordnung führen. Nach Auffassung der Analysten liege das Hauptrisiko neben politischen Unwägbarkeiten darin, dass sich die geplanten Börsengänge deutlich verzögern würden und das Marktumfeld für Börsengänge aus diesem Bereich in China und Hong Kong nicht attraktiv genug sei. Die anderen Risiken würden vor allem in einem sich weiter verschlechternden Gesamtmarktumfeld und den generellen Risiken des Investments in Aktien liegen. Gerade spekulative Investoren, die am kommenden Internetboom in China würden partizipieren wollen, würden in Hartcourt eine sehr gut positionierte Beteiligungsgesellschaft mit deutlichem Kurssteigerungspotenzial finden.

[sevim]

Hey folks,

____________________________________________________________

panik hat ja wieder einen Ufer-Thread eröffnet und schwups ist der wieder zugemüllt worden.
Tut mir leid für dich, panik, aber du scheints zusammen mit l_o_g_o eine unheimliche Anziehungskraft auf das weibliche Geschlecht auszuüben.
Der Phönix wird sich jedenfalls noch nicht zur Ruhe setzen.

____________________________________________________________


MFG sevim

[sevim]

Hallo nochmal,

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Article: China + WTO + Technology
Friday, April 6, 2001
China WTO entry could give techs an edge


LYDIA ZAJC in Beijing

Next story


--------------------------------------------------------------------------------

Mainland and foreign technology firms are hoping China`s acceptance into the World Trade Organisation (WTO) will give them an edge when it comes to expanding their horizons both in China and abroad.
Tech executives interviewed at Comdex China 2001 are looking ahead to the time that China will become a member of the trade group. Talks to hammer out details - including ways that China will open up its industries to wider foreign competition - have been slowly progressing and a deal could be signed later this year.

Mainland giant Great Wall Technology, which makes computers, printers, monitors and network equipment, could expand its horizons and improve on its already strong market share, said manager of computer research and development He Xin.

"After China joins WTO, I think it`s a good chance for Great Wall to sell our computers to other countries," said Mr He on Friday.

Mr He, speaking at his company`s booth at Comdex China 2001 in Beijing, said the company`s PCs could make inroads in South Asian markets. The company, which is listed on the Hong Kong stock exchange, sold about one million computers at home last year and many more pieces of other equipment on top of that, he said.

Great Wall, which already works and shares building space with IBM in Shenzhen, does not anticipate too many problems with increased competition from its partner or other foreign companies, Mr He said, amid the blare of music and noise at the electronics show.

Instead, a strong rivalry between firms could mean a drop in price for PC parts. "Maybe, some parts will be cheaper and we can make our computers more cheaply," he said.

Great Wall could also see increased demand for its PCs at home as well as abroad. "Maybe, small companies will die and it`s a good chance for Great Wall to have more presence in the market," Mr He said.

Roland Andersson, senior vice-president of worldwide sales at processor-maker National Semiconductor who was visiting Comdex China from California, also said China`s WTO membership would be a good thing. National Semiconductor has already partnered with mainland companies such as big computer-maker Legend.

On the other hand, Eric Brewer, founder of network software maker Inktomi from California, is not convinced the WTO-related changes will help his smaller, five-year-old company break into the Chinese market. Inktomi has about 1,000 staff members, and has installed seven in China in the past year.

Mr Brewer said after his keynote speech on Friday that Inktomi was attempting to sell more of its products in China partly because of the slowdown in US economic growth. "China will be less affected by the global economy than Japan or Europe," Mr Brewer said.

However, he believes that China will remain largely self-sufficient when it comes to making and selling electronics, despite the talk of an increased international presence.

____________________________________________________________


MFG sevim

[sevim]

Und nochmal Hallo,


____________________________________________________________


The Internet in China – cutting through the hype

The expansion of the Internet and the evolution of e-business are progressing at a rapid pace in the U.S. In Asia, some countries like Japan, Singapore and Hong Kong although left at the starting gate during the initial days are now moving quickly to catch up. Figures about internet growth in Asia are often deceiving to the uninitiated because they lump all the Asian countries together and don’t point out the different rates of growth in different countries and the widely varying distribution of computers and internet access across each country as a whole. Nowhere is this more true than in China where oftentimes totally unsubstantiated figures about computer sales and internet access are served up with what boils down to a lot of hype about the whole move to widespread internet access and e-business.

The first question one needs to ask in looking at Internet access in China is first how many people have access to the Internet and is this access growing and how rapidly. A study recently published by the China Internet Information Center (CIIC) which was based on a survey of China based websites conducted over a 15 day period and which contains a relatively high number of responses that would seem to bolster its credibility, gives the following figures on China’s internet usage:

Total responses 66,283
Total valid responses 52,549

Analysis:

Total usage of the Internet in China: 1.46 million computers of those:
0.25m dedicated-line computers
1.21m dial-in line computers
Internet usage in China – four million
0.76m dedicated-line users
2.56m dial in users
0.86m that use both
Total number of “com.cn”-28,0456
Total number of Websites in China –9,906
Total International Bandwidth 241 MB

User Breakdown:

Most common user:
Male – 85%
21-30 yrs – 67%
Unmarried – 63%
College or higher education 75%

Average Income – Yuan 500-2,000 (exchange rate $1 =8.27 Yuan) per month
Internet access categories:
1. News 84%
2. Computer related product information (next highest category)

Most visited websites in China:
1. New Wave
2. Soho
3. Capital Online

The estimate as to total internet usage of four million is confirmed by four other estimates of 1999 Internet users in China by IDC Asia Pacific, the China Internet Network Information Center, Goldman Sachs, and BDA China which estimated internet-users at 3.8, 4, 3.8 and 6.7 million respectively. The one caveat on all these numbers, however, is that all of the pollsters would point out, if you could talk with them, that there are many caveats on these statistics and caution is warranted. They note, China is such a big market and poll methodology used by the various companies generally only relies on polls taken in the larger cities and then extrapolated for the country. This means that the figures are not as precise as they first appear. Further they point out the fact that at least at the current time, China to a large extent represents a series of markets, not one giant well integrated structure.

The figures from the China Internet Information Center, however, of the typical internet user in China being young, generally unmarried, college educated and predominantly at least at the present time male, does seem to be substantiated from what little survey data exists on demographics at this point.

Thus we are looking at an Internet population of about four million in a country of 1.25 billion people. On a percentage basis usage therefore remains much less than in the west and figures the reader may have heard of a vast Internet are largely hype. Growth though is rapid. IDC Asia-Pacific again estimates that total computer sales in China will exceed 4.5 million units in 1999 and over six million units in 2000. Low-priced PCs, particularly those made in China by companies such as China’s Great Wall Computer company that sell for just under $600 are expected to top 800,000 of the total computers sold this year. This figure is up 80% from a year earlier during a period when total computer sales increased what would be an impressive 30% if it were not compared to the torrid growth in the low priced models. These units which are being marketed as aids to help Chinese students improve their studies could well increase even more rapidly given Chinese extended family pampering of the more limited offspring brought about by China’s one child family planning policies.

Even with these growth figures, however, future projections for growth of the Internet in China seem too optimistic. The Yankee Group, a U.S. information technology research firm, has stated in a recent report that China is expected to surpass the United States in its Internet users by 2005 to become the largest Internet market in the world. The Yankee Group report goes on to says that China will be the largest nation in terms of Internet users in the Asia-Pacific region by the year 2001 with about 40 million users. As can be seen from the previous numbers, this projection seems off the mark and widely higher than what other sources report. It is representative of the often overly optimistic figures that are often touted and that can be critical stumbling blocks for the unwary.

Despite the fact that the Internet in China is not as large as some of the hype might suggest and despite the fact that it probably won’t exceed the size of the Internet in the U.S. anytime soon, it is clear that it is developing rapidly and will soon be a very large market. Servicing this market is currently what Embassy and other knowledgeable sources claim are about 3,000 Internet Services Providers (ISPs) mostly based in large cities such as Beijing, Shanghai, Guangzhou, Tianjin, Xiamen, etc. China Telecom (the State Telecom Company) is the largest Internet provider, followed by China United Telecommunications Corporation (China Unicom – essentially the designated number two) which says it will be providing Internet service in 100 cities by year’s end. 263.net and gznet.com, both of which are run by Guangzhou Favour Telecom Co. and Shanghai Online which is run by the Shanghai city government all control large shares of the ISP market in China. Currently it appears that the major Internet companies are with central governments blessing trying to reduce their service price to drive the smaller firms out of the market. Minister Wu Jichuan, Minister of Information Industry, has said that China only needs a dozen or so ISPs and that the government favors a shakeout of the smaller players. Reducing the number of ISPs down to only a dozen is definitely not what China needs in order to spread the internet but this shows some of the forces in the government that still make internet growth more of a challenge than it might be in other Asian nations.

China does not only have a fairly significant number of internet providers, it also has an increasing number of small Chinese grown entrepreneurs who are trying to do for the internet in China what companies such as e-bay, travelocity, etc. have done in the U.S. These often-foreign educated young risk-takers are developing a host of new sites and using them to entice local and foreign investors to help build their vision. Examples of Hong Kong based startups are China.com Corp. which operates bilingual websites focused on China, Taiwan and Hong Kong, which on July 12 raised $84 million through a public offering on the Nasdaq. Another less well capitalized but rapidly growing Hong Kong based Internet Content Provider (ICP) is China Infobank. Examples of Beijing based entrepreneurs trying to do the same are Chales Zhang, head of ITC, a MIT educated entrepreneur who has secured Intel, IDC and other funds to back his Sogu site and Edward Zeng (no relation) whose company sparkice.com was recently reported in the International Herald Tribune to be considering an initial public offering on the Neuer Markt, the German exchange for high-growth companies created in early 1997.

All of these companies were flying high a month ago but all are keeping a lower profile after Minister of Information Industry Wu Jichuan, announced that companies involved in the Internet in China are off-limits to foreign investors, even though many already accepted foreign capital. This statement some have seen as a bargaining ploy in the talks with the U.S. over a WTO agreement but others are more skeptical that this is more a move by Wu to get out front on this issue to set central government policy. Whatever the motive, it has had a cooling effect on Internet investment in China. The Wall Street Journal reports that following the announcement Eachnet.com, a Shanghai company which holds electronic auctions and had received over $1 million in venture capital to this time and was hoping for more had to withdraw its request. The article goes on to report that major internet venture capital firms specializing in Asia were taking a wait and see attitude on future investments and that this was likely to retard growth at many websites in China that were looking for foreign investment.

A further look at the pitfalls Chinese Internet companies must navigate is that all Chinese companies are required to have a government issued business license that authorizes them to engage in a specific business. There is currently no listing for Internet Content Provider, so no Chinese company has a valid license for this. Sparkice.com has a license to operate a chain of Internet cafes (They currently have 15) but currently not one to serve as an ISP or ICP. No company in China has a valid license to advertise on the Internet although several are in fact advertising. Examples of situations such as this where the law and the government are lagging the development in business and society are common in China. Many of these risk takers may in fact be big winners if they have the right contacts are can get their license changed at a later date when the new category in recognized. The danger, however, is that less well connected companies or those who become too visible often are punished by closure or other penalties which can make investment capital disappear without little warning or recourse. The old saying –buyer beware – therefore has particular relevance in these cases.

As hopefully I have conveyed above, the Internet in China is in a state of flux. It is small by some western standards in terms of the percentage of the total countries population on-line but growing rapidly in total numbers. It is going through many of the changes with Internet Service Providers (ISPs) and with cost that are happening in the west and throughout the rest of Asia. It is an entrepreneurial environment just like that found in other countries both in Asia and the West. It is an environment that takes nerves and offers big returns but also possible catastrophic losses. In any case, however, it is a market that cannot and should not be ignored because the opportunities are large for both sides.

Runckel & Associates, the parent company of www.business-in-asia.com and www.asia-art.net specializes in working with high-tech companies, particularly small to medium-sized software and internet firms on gaining a foothold in the Asian market. We also work with American based investors and larger IT companies looking to partner with Asian firms, please contact us at [e-mail]

About the Author: Christopher W. Runckel, a former senior US diplomat who served in many counties in Asia, is a graduate of the University of Oregon and Lewis and Clark Law School. He served as Deputy General Counsel of President Gerald Ford’s Presidential Clemency Board.

Until April of 1999, Mr. Runckel was Minister-Counselor of the US Embassy in Beijing, China. Mr. Runckel lived and worked in Thailand for over six years. He was the first permanently assigned U.S. diplomat to return to Vietnam after the Vietnam War. In 1997, he was awarded the U.S. Department of States highest award for service, the Distinguished Honor Award, for his contribution to improving U.S.-Vietnam relations. Mr. Runckel is one of only two non-Ambassadors to receive this award in the 200-year history of the U.S. diplomatic service.


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MFG sevim