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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (273)	4/10/2000 1:02:00 AM
From: keith massey	Read Replies (2) \| Respond to of 960

Here is an interesting little tidbit . . . CPT has already executed a MOU with China Securities. China Securities is the third largest broker in China with 95 branches, outlets in China and Hong Kong and over 3,000 employees. China Securities will be covering the Shanghai and Shenzhen markets for SEG. Here is an article I recently found. January 21, 2000 Signals Point to Online Trading Industry Boom in China By JONAH GREENBERG Signals Point to Online Trading Industry Boom in China By (Virtual China News, Jan. 21) Online stock trading appears set to take off in China, after a recent government announcement that suggests it will make the practice legal, and moves by several computer and Internet companies that demonstrate a major committment to the business. If the industry grows in China as it has in the U.S., it would allow mainland brokers to capitalize on increasing numbers of relatively affluent Chinese, and significantly boost capital flow in the cash hungry trading floors of China's two major stock markets, in Shenzhen and Shanghai. Online trading could also significantly stimulate foreign and domestic investment in Chinese enterprises "It could be very popular," said Jared Peterson, an Asia Pacific analyst at International Data Corporation (IDC), referring to online trading. Trading Solutions While many see the industry's potential, it is currently quite small. There are 40 million investors in China's stock markets, with only about 15,000 of them trading online. If a dramatic reliance on the Internet occurred in China's securities markets, technology companies, domestic and foreign alike, could be expected to profit greatly. It is unlikely that brokerages would be permitted to own the Internet side of the businesses, however. Online trading solutions will more likely be contracted to technology providers like Shenzhen Prosperity System Co. Ltd., which provides MF Securities with its online operation, and which is part-owned by U.S. telecommunications giant Motorola Inc. (ticker: MOT) and computer maker Intel Corporation (ticker: INTC). China now has 8.9 million Internet users, and some experts say that number will reach 33 million by 2004. At the end of last year, 949 Chinese enterprises were listed on China's stock exchanges in Shanghai and Shenzhen, either on the A Share index, limited to domestic investment, or the B Share index, which is designated for foreign investment. NOTE: CPT is offering Online trading solutions for brokerage house that currently don't have online systems. Best Regards KEITH