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Non-Tech : EVIS (symbol change)

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To: HUDSON HAWK who wrote (173)1/15/2000 8:44:00 AM
From: 2MAR$  Read Replies (1) of 241
 
: China Will Soon Regulate On-Line Stock Trading

BEIJING (Jan. 15) XINHUA - China will soon issue regulations
concerning on-line stock trading, thus giving the long- expected
green-light to this new method of stock trading, an authoritative
source said here today.

The source, who declined to be named, said these regulations display
sound foresight and allow room for flexible market operations.

A few securities dealers, including the Communications Securities Co.,
the Guotai-Jun'an Securities Co., the Huatai Securities Co., and others
are already providing on-line trading services to investors.

Zhu Yongqiang, the technical supervisor of Huatai Securities, said
on-line customers now account for five percent of their business.

An industry source also said that on-line trading volume now accounts
for as high as 20 percent of the trading volume brokered by one
regional securities dealer in east China's Fujian Province.

Analysts here said on-line trading will become an important way trading
stocks in the next 10 years and will greatly change the way the market
operates.

*** end of story ***
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