Hong Kong Exchanges and Clearing Limited

FORM 3A - Director's/Chief Executive's Notice - Interests in Shares of Listed Corporation

Form Serial No:

DA20041104000021

1. Name of listed corporation:

China Credit Holdings Ltd.

2. Stock code:

00185

3. Class of shares:

Ordinary Shares

4. Number of issued shares in class:

1,625,931,060

5. Name of director (English) as printed on HKID/Passport:

(Surname)	Chan
(Other names)	Heng Fai

8. Name of director (Chinese):

陳恒輝

9. Chinese Character Code:

711518546540

12. Date of relevant event:

01/11/2004
(dd/mm/yyyy)

13. Date when director became aware of the relevant event/ interest in the shares (if later):


14. Details of relevant event:
	Relevant event code describing circumstances	Code describing capacity in which shares were/are held		Number of shares bought/sold or involved	Currency of transaction	On Exchange		Off Exchange
		Before relevant event	After relevant event			Highest price per share	Average price per share	Average consideration per share	Consideration code
Long position	121		201	30,000,000	HKD

15. Total shares in listed corporation immediately before the relevant event:

	Total number of shares	Percentage figure (%)
Long Position	838,314,815	51.56

16. Total shares in listed corporation immediately after the relevant event:

	Total number of shares	Percentage figure (%)
Long Position	868,314,815	53.40

17. Capacity in which interests disclosed in Box 16 are held (required for Initial Notification only):

Code describing capacity	Number of shares
Nil

18. Further information in respect of derivative interests in listed corporation:

Code describing derivatives

Exercise period

Consideration - if derivatives granted by listed corporation

Number of shares

		Begins	Ends	Price for grant	Exercise price	Price on assignment
Long Position	409	22/04/1996	21/04/2006	Nil (Option)	0.403		3,071,739
Long Position	409	26/10/1997	25/10/2007	Nil (Option)	0.306		28,800,000
Long Position	409	15/05/1997	14/05/2007	Nil (Option)	0.451		13,320,000
Long Position	408	26/04/2004	31/05/2005	Nil (B Warrant)	0.200		14,647,551
Long Position	409	01/11/2004	31/10/2014	1 (Option)	0.160	0.000	30,000,000

19. Further information in relation to interests of children under 18 and/or spouse:

Name of child/spouse

Number of shares

Chan Yoke Keow

Long position

716,780,968

20. Further information in relation to interests of corporations controlled by Director:

Name of controlled corporation

Address and place of incorporation

Name of controlling shareholder

% control

Direct interest

Number of shares

BPR Holdings (BC) Inc.

Unit 2601, Island Place Tower, 510 King's RoadNorth Point, Hong Kong

Chan Yoke Keow

36.06

Long position

11,209,000

BPR Holdings (Far East) Ltd.

Unit 2601, Island Place Tower, 510 King's Road North Point, Hong Kong

Chan Yoke Keow

36.06

Long position

4,207

Prime Star Group Co. Ltd.

Unit 2601, Island Place Tower, 510 King's Road North Point, Hong Kong

Chan Yoke Keow

100.00

Long position

460,490,000

Frist Pacific Int'l Ltd.

Unit 2601, Island Place Tower, 510 King's Road North Point, Hong Kong

Chan Yoke Keow

100.00

Long position

108,631,587

21. Further information in relation to interests held by Director jointly with another person:

Name of joint shareholder	Address	Number of shares
Nil

22. Further information from a director who is a trustee, or beneficiary of a trust, or a person who has set up a Discretionary Trust:

Names of Trust

Address

Status code

Number of shares

Bermuda Trust (Cook Islands) Ltd.

6/F Edinburgh Tower, 15 Queen's Road, Central, Hong Kong

502

Long position

65,706,960

23. Further information from a party to an agreement under Section 317:

Names of other parties	Address	Number of shares
Nil

Total number of shares in which substantial shareholder is interested under section 317 and 318:

24. Date of filing this Form 3A:

03/11/2004
(dd/mm/yyyy)

26. Number of attachments: