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Strategies & Market Trends : Greater China Stocks

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To: Julius Wong who started this subject	4/29/2003 11:32:24 AM
From: GREGG M. AKIN	Read Replies (1) of 8334

Qiao Xing Universal Telephone Inc. Expects Substantial Growth in Sales From New Models of Fixed Line Telephones in 2003 Tuesday April 29, 10:48 am ET HUIZHOU, China, April 29 /PRNewswire-FirstCall/ -- Qiao Xing Universal Telephone Inc. (Nasdaq: XING - News), the second largest telephone manufacturer in China, today announced that its self-developed short-message phones, Internet phones and Wuxiantong phones are very well received in the market, and that it expects the sales of fixed line telephone sets in 2003 to grow by 30% over that of 2002.

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