09:29     CHINA ASSETS<00170>-Announcement & Resumption of Trading (5)        

    Translations of US$ into HK$ are for illustration purpose only, at the    
    rate of US$1.00 to HK$7.80. No representation is made that any amounts    
    in US$ or HK$ could have been or could be converted at that rate or at    
    any other rate or at all.                                                 
                                                                              
    By order of the board of directors of                                     
    China Assets (Holdings) Limited                                           
    Lao Yuan Yi                                                               
    Chairman                                                                  
                                                                              
    Hong Kong, 18 January 2005