The Hartcourt Companies, Inc. (HRCT) Message Board

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Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT)

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To: funincolo who wrote (1574)	11/24/2000 10:58:16 AM
From: funincolo	Read Replies (14) of 2413

StreamingAsia, SinoBull To IPO In Hong Kong By Adam Creed, Hong Kong Asian Web content company StreamingAsia.com Ltd and online financial services provider SinoBull.com Inc. plan to both go public in Hong Kong next year, according to both companies' parent, the US-listed The Hartcourt Companies Inc. StreamingAsia provides Asian portal and corporate Web sites with live Internet video and audio publishing services, or "streaming." SinoBull provides online financial news and analysis from its Greater China consumer portals, and offers online trading services for share brokerage houses. Hartcourt said its China-based subsidiaries will separately make an initial public offering (IPO) by listing on Hong Kong's Growth Enterprise Market (GEM) Stock Exchange in the first half of 2001. But all of the IPO shares will go to Hartcourt shareholders, which is to split its common shares 2 for 1, on October 31, 2000. Alan Phan, Chairman of Hartcourt, said that the listing of the two companies on the GEM exchange was primarily because of their proximity to Hartcourt's operations in China. Reported by Newsbytes.com

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