China Finance Online Inform Investors of Weak Chinese Stock Market Performance

Beijing, China-- February 10, 2005-- China Finance Online Co. Limited (Nasdaq:JRJC), a leading Chinese online financial information and listed company data provider, today informed investors that the prolonged weak Chinese stock market performance will have negative impact on the business of China Finance Online.Since 2005, the Chinese stock market has been in the down turn. Shanghai Stock Exchange Index closed at 1189 on February 1, 2005, a record low since June, 1999. The average daily trading volume of January 2005 is only about 28% of the average daily trading volume in the same period a year ago. The Shanghai Stock Exchange Index lost nearly 6% in January 2005. This has severely dampened the investors' interests in the Chinese stock market.

''China Finance Online provides online financial information and data to Chinese investors. Our business has some correlation with the Chinese stock market. The current stock market conditions have affected the investor's demand for our service packages,'' said Jun Ning, Chief Executive Officer of China Finance Online. ''Unless the stock market has a fundamental turn-around in the near future, our revenue in Q1 and whole year of 2005 will be negatively affected.''

China Finance Online is diversifying its revenues into other business lines. The company's key strategy for year 2005 will be focusing on financial information services that are less sensitive to the stock market movement. The company plans to provide an update to investors in March about its development of new strategies.