SOURCE: Wall Street News Alert

August 10, 2005 09:43 ET

Wednesday Stock Alert Issued on YHGG!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- August 10, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: YaSheng Group (OTC: YHGG), Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA), Canwest Petroleum Corp. (OTC BB: CWPC) and Merck & Co., Inc. (NYSE: MRK).

The YaSheng Group (OTC: YHGG) may be appearing on the radar screen of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company issued a press release announcing that its research and development team had mastered a gene cloning process that allows the creation of fortified cells that combats foot and mouth disease. Scientists at the company also developed a cost effective and easy to use technique to test live and dead animals for the disease.

News of the gene cloning process and testing technique could be big news to investors! According to the company's press release, development is underway for a vaccine to eliminate this disease in live animals. The company plans to sell licenses, which obtained a patent (Z1031005799) on June 1, 2005, issued by the Peoples Republic of China Intellectual Property Commission. The application for an International patent was also filed and is pending.

Continue to watch this company! Foot and Mouth Disease (FMD) is a highly infectious viral disease of cloven-hoofed animals such as, cattle, pigs, sheeps, goats and deer. In the past (FMD) have been controlled through the mass culling of infected and in contact animals. New legislation and the development of vaccines had become a key FMD control strategy. The most recent epidemic occurred in 2001 when a major outbreak hit the UK and the disease affected areas in Asia, Africa, South America and the European Union which resulted in the slaughtering of approximately six million animals and caused billions of dollars in damages.

Investors should continue to monitor the progress of The YaSheng Group for further developments! According to company statements, The YaSheng Group has total assets of approximately $1.5 billion USD and over 15,000 employees. The company produces over 51 major products in the northwest of China, seven of which have received the national "Green Award" for the environment and health. Products are sold nationally and exported regularly to the U.S., Canada, Australia, Pakistan, Iran, and many major countries in Europe and Asia.

For updated in-depth coverage and a company profile of The YaSheng Group, visit

Prior to yesterday's press release, the stock closed at $3.20 a share.

In case you are not familiar with the company: The YaSheng Group, a diversified industrial conglomerate incorporated in Redwood City, California, operates in hi-tech agriculture, salt chemistry and biological technology as its core business with advantages in rich land, mineral resources, capital and technology reserves. Through its 136 subsidiaries, the company operating categories include: chemical engineering, agricultural production, biotech, pharmaceuticals, textile products, printing and dyeing, commercial trading, beverages and inorganic salt manufacturing.

Stocks showing interesting activity Friday at the close of the regular trading day were: Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) up 0.8% on 5.5 million shares traded, Canwest Petroleum Corp. (OTC BB: CWPC) up 50% on 9.9 million shares traded and Merck & Co., Inc. (NYSE: MRK) up 1.7% on 7.2 million shares traded.


"The FOMC, in a unanimous decision by all 12 Fed Governors, raised the rates for the 10th time in a row. Consumer spending is strengthening, the Fed said, even as oil prices are up, and amid continuing improving labor numbers and increased spending, the Fed feels this increase in rates will ease inflation worries. Look for higher prices in mortgages, auto financing, credit card bills, and line of credit loans," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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