XFL (TSE:9399) Expands China News Services for MSN Money Japan in Time for the 2008 Beijing Olympics

2008-05-15 18:53 975

SHANGHAI, China and TOKYO, May 15 /Xinhua-PRNewswire/ -- Xinhua Finance Limited ("XFL", TSE Mothers: 9399 and OTC: XHFNY), China’s premier financial information and media service provider, today announced that it has extended its cooperation with the Microsoft Online Service Department in Tokyo with the launch of a feature section on the financial portal MSN Money under MSN Japan ( ) to fulfill Japanese investors’ keen interest in China intensified by the momentum heading to the Beijing Olympics this summer. Focusing on China’s stock market and renminbi ("RMB") movement, the new, intensive financial information service, Beijing 2008 Feature Section, is available for six months from April 15 through October 14, 2008. The section is further strengthened lately in May with the addition of legal information about mergers and acquisitions.

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The cooperation of the two companies started last May and since then Xinhua Finance has been providing MSN Money Japanese language news on China’s stock market, Chinese companies, China index values and market data. The newly launched Beijing 2008 Feature Section additionally provides Chinese stock commentary given by Joseph Lau of Taifook Assets Management Ltd in Hong Kong at the invitation of Xinhua Finance, interviews with Chinese companies that Japanese investors are interested in, as well as news related to renminbi and Olympics. The section is further strengthened in May providing MSN users valuable information and analyses on "RMB and M&As in China" offered by professionals of the Beijing-based Zhong Lun Law Firm. The fortified section is expected to offer Japanese investors a deeper insight into China and its currency as they are making their investment decisions.

XFL CEO Fredy Bush said, "We are delighted that the news content we delivered over the year are well received by the MSN users and we are more than happy to start the exclusive program with MSN to provide more China news and information in Japan. The news service expansion manifests both parties’ timely response to client needs. It is also a reflection of Xinhua Finance’s consistent efforts to seek innovative and effective ways to keep the markets connected and well informed."

Notes to Editors

About Xinhua Finance Limited

Xinhua Finance Limited ("XFL") is China’s premier financial information and media service provider and is listed on the Mothers Board of the Tokyo Stock Exchange (symbol: 9399) (OTC ADRs: XHFNY). Bridging China’s financial markets and the world, Xinhua Finance’s proprietary content platform, comprising Indices, Ratings, Financial News, and Investor Relations, serves financial institutions, corporations and re-distributors worldwide. Through its subsidiary Xinhua Finance Media Limited (Nasdaq: XFML), XFL leverages its content across multiple distribution channels in China including television, radio, newspaper, magazine and outdoor media. Founded in November 1999, XFL is headquartered in Shanghai, with offices and news bureaus spanning 11 countries worldwide.

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This is a press release to the public and should not be relied on as information to make an investment decision by any investor. Investors should read the Company’s Securities Report filed to Tokyo Stock Exchange and consider the risk factors together with other information contained therein when making an investment decision. This press release contains some forward-looking statements that involve a number of risks and uncertainties. A number of factors could cause actual results, performance, achievements of the Company or industries in which it operates to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

Source: Xinhua Finance Limited
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