HONG KONG FIRMS SETTLE U.S. EXPORT ADMINSTRATION CHARGES

   The U.S. Commerce Department’s Bureau of Export Administration has imposed a $174,000 fine and a five-year export denial order on Hong Kong-based Hua Ko Electronics Co. Ltd., which had previously been denied export privileges, for ordering and receiving U.S.-made goods.
   The fine involves shipments between August 1994 and May 1997.
   By cooperating with U.S. authorities, Hua Ko’s export denial order and $87,000 of the fine were suspended.
   The Export Administration also issued a $38,500 fine to Hong Kong-based Nanshing Color & Chemical Co. for transferring U.S.-made goods to Hua Ko. "The lesser civil penalty imposed was due in large part to Nanshing’s cooperation in the investigation," the Export Administration said.
   A third company based in New Jersey, General Chemical Corp., agreed to pay a fine of $77,000 to settle allegations that it shipped U.S.-made goods to Nanshing for transfer to Hua Ko.
   In separate case, Hong Kong-based Gold Valley Technology Co. was issued a $20,000 fine by the Export Administration to settle allegations that it violated the terms of an export license involving a shipment of computers to China.