SHUN CHEONG<0650> - Exceptional Price Movement

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

We also confirm that there are no negotiations or agreements relating to 
intended acquisitions or realisations which are discloseable under 
paragraph 3 of the Listing Agreement, neither is the Board aware of any 
matter discloseable under the general obligation imposed by paragraph 2 of 
the Listing Agreement, 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.

Roger K C Ou
Company Secretary

6 March 2000"