Sinobull Group Authors Best-Selling Financial Book

'Predicting Dark Horses in China's Stock Market' Sells Out First Printing With

Over 10,000 Copies During First Month



Apr 04, 2001, 01:00 ET from The Hartcourt Companies, Inc.

    LOS ANGELES, April 4 /PRNewswire/ -- The Hartcourt Companies, Inc.
 (OTC: HRCT, Frankfurt: HCT), (www.hartcourt.com), today announced that
 Sinobull Financial Group recently published its first book, which was
 co-authored by leading investment experts on staff to the company.
 Prestigious Shanghai Sanlian Book Publishers distributed the book, titled
 "Predicting Dark Horses in China's Stock Market."  The book is now in its
 second printing.  The first printing sold out within 30 days after hitting the
 market as financial institutions and individual investors bought out the first
 10,000 copies.
     The book profiles twenty China-listed companies that the authors indicate
 could significantly outperform China's Shanghai and Shenzhen stock market
 indexes in 2001, and also gives a short history of China's securities market
 since its inception in 1981 when the first government bond was issued to the
 general public.  All of the co-authors are full-time or part-time staff
 working on Sinobull's online stock trading and information web site in China,
 Sinobull.com.  The portal was declared to be one of the most popular financial
 content web sites in a nationwide survey conducted and published by China
 Securities Times on November 10th, 2000.
     Dr. Charlie Q. Yang, CEO of Hartcourt, said, "Sinobull Financial Group's
 business strategy has always been to focus on the development and delivery of
 quality content.  We are pleased that Chinese readers, financial institutions
 and individual investors are recognizing their efforts.  The book gives a
 clear picture of the capital market's role in China's economic reform and
 development, challenges facing China's stock markets, and the positive outlook
 for China's securities markets as they develop in the 21st century.  SinoBull
 is planning to publish similar books on a regular basis thereby developing an
 additional and stable revenue source for Sinobull.com which should benefit our
 joint marketing and co-branding effort with leading Chinese financial
 institutions."
 
     About The Sinobull Financial Group
     Sinobull Financial Group is a financial technology developer and Internet-
 based financial service provider.  Sinobull's operating companies include:
 Beijing UAC Stock Exchange Online, Shanghai Sinobull Information Company Ltd.
 (formerly Guo Mao Science & Technology), Sinobull Network Technology (formerly
 Shangdi Networks), and Financial Telecom Ltd.  Sinobull.com is a financial
 information and stock trading website complimenting Sinobull Financial Group's
 product and service offerings.  Together with other affiliates of Sinobull
 Financial Group, Hartcourt and its strategic partners are now capable of
 providing news, data and analysis to the business community and media outlets;
 real-time pricing, historical pricing, indicative data, analytics and
 electronic communications.  Existing and potential clients include China's
 investment institutions, commercial banks, government offices and agencies,
 corporations, and news/media organizations.
 
     Detailed information on Hartcourt can be obtained via the company's Web
 site: www.hartcourt.com.
 
     Forward-looking statements
     Certain statements in this news release may constitute "forward-looking"
 statements within the meaning of Section 21E of the Securities Exchange Act of
 1934.  Such forward-looking statements involve risks, uncertainties and other
 factors, which may cause the actual results, performance or achievement
 expressed or implied by such forward looking statements to differ materially
 from the forward-looking statements.
 
 

SOURCE The Hartcourt Companies, Inc.
    LOS ANGELES, April 4 /PRNewswire/ -- The Hartcourt Companies, Inc.
 (OTC: HRCT, Frankfurt: HCT), (www.hartcourt.com), today announced that
 Sinobull Financial Group recently published its first book, which was
 co-authored by leading investment experts on staff to the company.
 Prestigious Shanghai Sanlian Book Publishers distributed the book, titled
 "Predicting Dark Horses in China's Stock Market."  The book is now in its
 second printing.  The first printing sold out within 30 days after hitting the
 market as financial institutions and individual investors bought out the first
 10,000 copies.
     The book profiles twenty China-listed companies that the authors indicate
 could significantly outperform China's Shanghai and Shenzhen stock market
 indexes in 2001, and also gives a short history of China's securities market
 since its inception in 1981 when the first government bond was issued to the
 general public.  All of the co-authors are full-time or part-time staff
 working on Sinobull's online stock trading and information web site in China,
 Sinobull.com.  The portal was declared to be one of the most popular financial
 content web sites in a nationwide survey conducted and published by China
 Securities Times on November 10th, 2000.
     Dr. Charlie Q. Yang, CEO of Hartcourt, said, "Sinobull Financial Group's
 business strategy has always been to focus on the development and delivery of
 quality content.  We are pleased that Chinese readers, financial institutions
 and individual investors are recognizing their efforts.  The book gives a
 clear picture of the capital market's role in China's economic reform and
 development, challenges facing China's stock markets, and the positive outlook
 for China's securities markets as they develop in the 21st century.  SinoBull
 is planning to publish similar books on a regular basis thereby developing an
 additional and stable revenue source for Sinobull.com which should benefit our
 joint marketing and co-branding effort with leading Chinese financial
 institutions."
 
     About The Sinobull Financial Group
     Sinobull Financial Group is a financial technology developer and Internet-
 based financial service provider.  Sinobull's operating companies include:
 Beijing UAC Stock Exchange Online, Shanghai Sinobull Information Company Ltd.
 (formerly Guo Mao Science & Technology), Sinobull Network Technology (formerly
 Shangdi Networks), and Financial Telecom Ltd.  Sinobull.com is a financial
 information and stock trading website complimenting Sinobull Financial Group's
 product and service offerings.  Together with other affiliates of Sinobull
 Financial Group, Hartcourt and its strategic partners are now capable of
 providing news, data and analysis to the business community and media outlets;
 real-time pricing, historical pricing, indicative data, analytics and
 electronic communications.  Existing and potential clients include China's
 investment institutions, commercial banks, government offices and agencies,
 corporations, and news/media organizations.
 
     Detailed information on Hartcourt can be obtained via the company's Web
 site: www.hartcourt.com.
 
     Forward-looking statements
     Certain statements in this news release may constitute "forward-looking"
 statements within the meaning of Section 21E of the Securities Exchange Act of
 1934.  Such forward-looking statements involve risks, uncertainties and other
 factors, which may cause the actual results, performance or achievement
 expressed or implied by such forward looking statements to differ materially
 from the forward-looking statements.
 
 SOURCE  The Hartcourt Companies, Inc.