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Copyright © China Vanguard Group Limited 2006. All rights reserved. All copyright and other intellectual property rights in all text, images, sound, software and other materials on this site are owned by China Vanguard Group and affiliated companies or are included with permission of the relevant owner.

References to the China Vanguard Group includes Aptus Holdings Limited and its affiliated companies. References to China Vanguard Group shall refer to Aptus Holdings Limited or, as appropriate, its wholly owned management company, China Vanguard Group Limited.

You are permitted to browse this site and to reproduce extracts by way of printing, downloading to a hard disk, and by distribution to other people, but in all cases for non-commercial, informational and personal purposes only. No reproduction of any part of the site may be sold or distributed for commercial gain nor shall it be modified or incorporated in any other work, publication or site, whether in hard copy or electronic format, including posting to any other site without the prior approval of China Vanguard Group. No other licence or right is granted.

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All trademarks displayed on this site are either owned or used under licence by China Vanguard Group and affiliates.


The information on this site has been included in good faith but is for general informational purposes only. It should not be relied on for any specific purpose and no representation or warranty is given as regards its accuracy or completeness. No information at this site shall constitute an invitation to invest in China Vanguard Group Limited, Aptus Holdings Limited or any affiliate. Neither China Vanguard Group nor any affiliates nor its or its affiliates' officers, employees or agents shall be liable for any loss, damage or expense arising out of any access to or use of this site or any site linked to it including, without limitation, any loss of profit, indirect, incidental or consequential loss.

China Vanguard Group reserve the right to make any changes and corrections to this site as and when we consider it appropriate and without notice.

Linked Sites

At various points throughout the site you may be offered automatic links to other internet sites relevant to a particular aspect of this site. This does not indicate that China Vanguard Group or affiliates are necessarily associated with any of these other sites or their owners. While it is the intention of China Vanguard Group that you should find these other sites of interest, neither China Vanguard Group, nor affiliates, nor its or its affiliates' officers, employees and agents shall have any responsibility or liability of any nature whatsoever for these other sites or any information contained in them, none of which have been verified or endorsed by China Vanguard Group or its affiliates. If at any time you find that you have accessed another site you may return to this site by clicking on the "backwards" arrow, or by keying in the domain address of China Vanguard Group (

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