Xinhua Finance Subsidiary Market News International Broadens its China News Offerings

Xinhua Finance Subsidiary Market News International Broadens its China News Offerings

September 07, 2006

    SHANGHAI, China, Sept. 7 /Xinhua-PRNewswire/ -- Xinhua
Finance (TSE Mothers: 9399 and OTC: XHFNY), China's
unchallenged leader in financial information and media,
announced its subsidiary Market News International
("MNI"), the world's premier provider of global
fixed income and forex intelligence, has further expanded
its China-related news services. Through two news products
-- China Bullet Points and China MainWire - MNI enhances
its coverage of the world's fastest growing economy through
insightful spot news, market commentary, government policy
analysis, and market intelligence. 

    China Bullet Points (CBP) provides high value,
real-time news and analysis on China's fixed-income and
foreign exchange financial markets in Chinese, including
regular exclusive interviews and insight from top market
professionals. CBP is essential reading for treasury and
forex traders and other financial professionals worldwide
as the bond and money markets in China grow rapidly.

    China MainWire (CMW) offers extensive, in-depth news
and analysis on global debt and currency markets, including
translations of MNI's most popular features: the closely
watched "Talk from the Trenches" daily column on
the U.S. Treasury market; market-moving exclusives on the
U.S. Federal Reserve and European Central Bank policy;
timely and insightful analysis of U.S. and European
economic data at release time; and MNI's highly respected
"Reality Check" feature that often correctly
predicts the outcome of the economic data.

    President of Xinhua Finance's News service line and CEO
of MNI, Michael Connor said, "Since launch, we've
witnessed swift growth in the demand for our Xinhua Finance
MNI China news offerings. On-going sales efforts are bearing
fruit as our niche coverage becomes increasingly
mainstream." Both China Bullet Points and China
MainWire are delivered via Xinhua Finance's newswire and
leading redistributors. New trials on the Bloomberg
terminal is expected to further boost the products' sales
pipelines. 

    The proprietary content delivered through these and
other Xinhua Finance news offerings serve as a critical
tool for investment decision-making. MNI provides an added
layer of depth to Xinhua Finance's News service line, which
is anchored by real-time news feed provider Xinhua Finance
News. The Xinhua Finance News -- MNI alliance is routinely
first in reporting major news stories originating from
China and boasts an unrivaled track record for central bank
coverage. Among the company's major news breaks have been
the reporting of the Chinese National Bureau of Statistics'
revision of the 2005 GDP on August 30, 2006, the Central
Bank's reserve ratio hike on July 21, 2006 and People Bank
of China's interest rate hikes on April 27 and August 18,
2006.  

    Mr. Connor states, "The seconds by which we beat
our competitors to print on these key stories has meant a
serious financial advantage to our clients."  

    About Xinhua Finance Limited

    Xinhua Finance Limited is China's unchallenged leader
in financial information and media, 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 serves financial institutions,
corporations and re-distributors through four focused and
complementary service lines: Indices, Ratings, Financial
News and Investor Relations.  Founded in November 1999, the
Company is headquartered in Shanghai with 20 news bureaus
and offices in 19 locations across Asia, Australia, North
America and Europe. 

    For more information, please visit
http://www.xinhuafinance.com . 

    About Market News International

    Market News International (MNI), a Xinhua Finance
company ( http://www.xinhuafinance.com ), is a financial
news and information company dedicated to the global fixed
income and foreign exchange markets.  MNI joined the Xinhua
Finance family in March 2004, bringing its niche expertise
and extensive distribution network.  Headquartered in New
York, MNI has news bureaus and offices throughout the US,
Europe and Asia.

    With more than twenty years of history, MNI is a fully
accredited news agency providing focused, timely, relevant
and critical intelligence for market professionals.  Its
press credentials are accepted by all operations of the
U.S. Government, including the White House, the Federal
Reserve, both houses of Congress, all major agencies and
cabinet departments, all similar government operations in
the G-7 countries, as well as by supranational
organizations such as the World Bank and the International
Monetary Fund.

    For more information, please contact:

    Xinhua Finance
    
    Hong Kong/Shanghai
     Ms. Joy Tsang
     Xinhua Finance
     Tel:   [phone]
            [phone]
            [phone]
     Email: [e-mail]

    Japan 
     Mr. Sun Jiong
     Tel:   [phone]
     Email: [e-mail]

    Taylor Rafferty (Media/IR Contact)

    Japan 
     Mr. James Hawrylak
     Tel:   [phone]
     Email: [e-mail] 

    United States
     Ms. Ishviene Arora
     Tel:   [phone]
     Email: [e-mail]

    Europe
     Mr. John Dudzinsky
     Tel:   [phone]
     Email: [e-mail] 

SOURCE  Xinhua Finance Limited