ASIAN FINANCIAL INC
8-K/A, 2000-11-17
NON-OPERATING ESTABLISHMENTS
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                                   Securities and Exchange Commission
                                           Washington D.C. 20549

                                                Form 8-K
                                             Current Report
                                     Pursuant to section 13 or 15 (d) of
                                     The Securities Exchange Act of 1934

Date of Report ( Date of earliest event report) August 31, 2000

                                          Asian Financial Inc.

                        (Exact name of registrant as specified in its charter)

                                          Nevada


                            (State or other jurisdiction of incorporation)

       000-27129                                              91--1922225
(Commission file number)                    (IR Employer Identification no.)

83-888 Ave. 51  Coachella, CA                             92236
(Address of principal executive offices)               (Zip code)

Registrant's telephone  number,  including area code:    (760) 398-9700

Item 1.    Agreement and Plan of Reorganization.

The company is cancelling its August 31, 2000 issuance of 6,000,000 shares
of its common stock to Hulven International, Inc. in consideration of its
100% ownership of Woodstock Tree Farms, Inc.  The effects of this
transactions is as though the August 31, 2000 combination between the two
firms never took place.



















                                                         Signatures


Pursuant to the requirements of the Securities  Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned therunto duly authorized.

Date: November 16, 2000
                                                     Asian Financial Group, Inc.


                                                     By:/s/ Dempsey K. Mork

                                                     Dempsey K. Mork, President
















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