G CHINA HOLD<00431> - Unusual price movement

The Stock Exchange has received a message from Greater 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 increase in today's trading price of the shares of the 
Company and wish to state that we are not aware of any reasons for such 
increase.

Save as disclosed in the Company's announcements dated 19 December 2006, 
2 January 2007, 19 January 2007, 23 January 2007, 26 February 2007 and 
6 March 2007 and the circular of the Company dated 31 January 2007 in 
respect of, among others, the very substantial disposal transaction of the 
Company and the announcement of the Company dated 12 March 2007, we 
confirm that there are no negotiations or agreements relating to intended 
acquisitions or realizations which are disclosable under rule 13.23, 
neither is the Board aware of any matter disclosable under the general 
obligation imposed by rule 13.09, which is or may be of a price-sensitive 
nature.

Made by the order of the Board of the Company, the directors of which 
individually and jointly accept responsibility for the accuracy of this 
statement.


For and on behalf of
Greater China Holdings Limited

Chan Sze Hon
Director

19 March 2007


As of the date of this letter, the Board comprises of Ms. Ma Xiaoling and 
Mr. Chan Sze Hon as executive directors and Mr. Ching Men Ky, Carl, Mr. 
Lin Ruei Min and Mr. Shu Wa Tung, Laurence as independent non-executive 
directors."