CATHAYONLINE INC
S-1, EX-21, 2000-11-27
BUSINESS SERVICES, NEC
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EX-21.1


                              LIST OF SUBSIDIARIES

*        CathayOnline Technologies (Hong Kong) Ltd, a Hong Kong corporation
*        CathayOnline (BVI) Ltd, a British Virgin Islands corporation
*        Torchmail.com Inc, a Turks & Caicos, BWI corporation
*        Sichuan  CathayOnline  Technologies  Co.  Ltd, a wholly  owned  foreign
          enterprise corporation, PRC
*        CathayOnline, Inc, a Canadian Corporation
*        China Lottery (Hong Kong) Limited, a Hong Kong corporation
*        Beijing  CathayOnline  Technologies  Co.  Ltd, a wholly  owned  foreign
          enterprise, PRC




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