The Hartcourt Companies Inc. is party to Internet joint ventures in Asia, which were created to facilitate the expansion of China's first commercial e-trade financial network and Internet Service Provider. Hartcourt's goal is to create the premiere financial portal in the Chinese market by building a network of Internet companies in partnership with young Chinese entrepreneurs as well as government owned entities. Through the combined services of Beijing based UAC Exchange and Sinobull Network, Shanghai based Sinobull Information and Hong Kong based FTL, Hartcourt intends to merge these service providers and create a premier financial portal of Chinese Internet with a comprehensive Website and supporting utilities that will be capable of executing securities transactions on-line in a timely and efficient manner while providing real-time quotes, research, charts and other collateral information regarding stocks, bonds, currencies and other markets in China and other Asian markets.
The Hartcourt Companies Inc. (Hartcourt), formerly Stardust Inc., is party to Internet joint ventures in Asia, which were created to facilitate the expansion of the People's Republic of China's (China) first commercial e-trade financial network and Internet Service Provider. Hartcourt's goal is to create the premiere financial portal in the Chinese market by building a network of Internet companies in partnership with young Chinese entrepreneurs as well as government owned entities.
Through the combined services of Beijing based UAC Exchange and Sinobull Network, Shanghai based Sinobull Information and Hong Kong based FTL, Hartcourt intends to merge these service providers and create a premier financial portal of Chinese Internet with a comprehensive Website and supporting utilities that will be capable of executing securities transactions on-line in a timely and efficient manner while providing real-time quotes, research, charts and other collateral information regarding stocks, bonds, currencies and other markets in China and other Asian markets.
The Company will compete with other portals including Chinese language based Web search and retrieval companies such as Yahoo!China, Sina.com. Netease, Sohu, Shanghai Online, ChinaByte and Netvigator; English Language based Web search and retrieval companies such as Infoseek, Lycos, Yahoo! and Microsoft Network (MSN); and retrieval services and products offered by AltaVista, HotWired Venture's and Open Text.
The Company's competition with respect to strategic expertise, technical knowledge and problem solving skills include: Computer hardware and service vendors such as IBM, Compaq and Hewlett-Packard; Internet integrators and Web site design and development companies such as iXL, Modern Media Poppe Tyson and Proxicom; Large information technology consulting service providers such as Accenture, Cambridge Technology Partners and EDS; and Telecommunications companies such as AT&T, Hutchison and Hong Kong Telecom.
The Hartcourt Companies Inc. (Hartcourt), formerly Stardust Inc., is party to Internet joint ventures in Asia, which were created to facilitate the expansion of the People's Republic of China's (China) first commercial e-trade financial network and Internet Service Provider. Hartcourt's goal is to create the premiere financial portal in the Chinese market by building a network of Internet companies in partnership with young Chinese entrepreneurs as well as government owned entities.
Through the combined services of Beijing based UAC Exchange and Sinobull Network, Shanghai based Sinobull Information and Hong Kong based FTL, Hartcourt intends to merge these service providers and create a premier financial portal of Chinese Internet with a comprehensive Website and supporting utilities that will be capable of executing securities transactions on-line in a timely and efficient manner while providing real-time quotes, research, charts and other collateral information regarding stocks, bonds, currencies and other markets in China and other Asian markets.
The Company will compete with other portals including Chinese language based Web search and retrieval companies such as Yahoo!China, Sina.com. Netease, Sohu, Shanghai Online, ChinaByte and Netvigator; English Language based Web search and retrieval companies such as Infoseek, Lycos, Yahoo! and Microsoft Network (MSN); and retrieval services and products offered by AltaVista, HotWired Venture's and Open Text.
The Company's competition with respect to strategic expertise, technical knowledge and problem solving skills include: Computer hardware and service vendors such as IBM, Compaq and Hewlett-Packard; Internet integrators and Web site design and development companies such as iXL, Modern Media Poppe Tyson and Proxicom; Large information technology consulting service providers such as Accenture, Cambridge Technology Partners and EDS; and Telecommunications companies such as AT&T, Hutchison and Hong Kong Telecom.
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