GREAT CHINA<00141> - Unusual price & volume movements

The Stock Exchange has received a message from Great China Holdings 
Limited which is reproduced as follows:-

"This statement is made at the request of The Stock Exchange of Hong Kong 
Limited.

We have noted the recent increases in both the price and the trading volume 
of the shares of the Company and wish to state that we are not aware of any 
reasons for such increases.

We also confirm that there are no negotiations or agreements relating to 
intended acquisitions or realisations which are discloseable under 
rule 13.23, neither is the Board aware of any matter discloseable under 
the general obligation imposed by rule 13.09, which is or may be of a 
price-sensitive nature.

Made by the order of Great China Holdings Limited, the Board of the 
directors of which individually and jointly accept responsibility for the 
accuracy of this statement.


By order of the Board

Gary Tse
Company Secretary

Hong Kong, 24 January 2005

The directors of the Company as at the date of this announcement are
Mr. Rustom Ho Ming Yu (Chairman) and Mr. John Ho Ming Tak (Managing 
Director) as Executive Directors; Mr. Chiu Chui Yi as Non-executive 
Director; and Mr. Lawrence Yu Kam Kee, Mr. David Yu Hon To and Mr Wu Hsu 
Chou as Independent Non-executive Directors"