<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
INTERIM FINANCIAL STATEMENTS FOR SECOND QUARTER 2000 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH HUADING FINANCIAL NETWORK INC.
</LEGEND>

<PERIOD-TYPE>                                     3-MOS
<FISCAL-YEAR-END>                                 DEC-31-1999
<PERIOD-START>                                    APR-01-2000
<PERIOD-END>                                      JUN-30-2000
<CASH>                                                225,515
<SECURITIES>                                       19,212,831
<RECEIVABLES>                                       2,438,347
<ALLOWANCES>                                                0
<INVENTORY>                                                 0
<CURRENT-ASSETS>                                    5,587,911
<PP&E>                                                282,995
<DEPRECIATION>                                              0
<TOTAL-ASSETS>                                     22,671,625
<CURRENT-LIABILITIES>                                 857,336
<BONDS>                                                     0
                                       0
                                                 0
<COMMON>                                           13,200,000
<OTHER-SE>                                         21,814,289
<TOTAL-LIABILITY-AND-EQUITY>                       22,671,625
<SALES>                                                     0
<TOTAL-REVENUES>                                            0
<CGS>                                                       0
<TOTAL-COSTS>                                         104,660
<OTHER-EXPENSES>                                            0
<LOSS-PROVISION>                                            0
<INTEREST-EXPENSE>                                          0
<INCOME-PRETAX>                                      (104,660)
<INCOME-TAX>                                                0
<INCOME-CONTINUING>                                         0
<DISCONTINUED>                                              0
<EXTRAORDINARY>                                             0
<CHANGES>                                                   0
<NET-INCOME>                                         (104,660)
<EPS-BASIC>                                           (0.01)
<EPS-DILUTED>                                           (0.01)



</TABLE>



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