NAME OF XINHUA FINANCE WILL REMAIN

AsiaInfo Services, May, 2007

AsiaInfo Services 05-09-2007 Name of Xinhua Finance Will Remain BEIJING, May 09, 2007 (SinoCast via COMTEX) -- Xinhua Finance Ltd., a Tokyo-listed financial information and media services provider, said on May 8 that its name will be remained. Xinhua News Agency, China's largest news and information gathering and release center, announced on April 28 that its subsidiaries that have bought into Xinhua Finance Ltd.

have ended their equity partnership with the company. Xinhua Finance Ltd., founded in Hong Kong in the late 1990s, is a foreign company with independent management rather than a subsidiary of the country's state-owned Xinhua News Agency, though some of whose subsidiaries have bought into the Hong Kong-based company. The brand "Xinhua" enjoys...

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