Jan 30 (Reuters) - Changfeng Energy Inc CFY.V :
* CHANGFENG ANNOUNCES HONG KONG IPO UPDATE AND DECLARATION OF SEMI-ANNUAL AND SPECIAL DIVIDENDS
* CHANGFENG ENERGY INC - HAS BEEN ADVISED BY ITS FINANCIAL ADVISOR THAT VOLATILE PREVAILING STOCK MARKET CONDITIONS IN HONG KONG HAVE BEEN NEGATIVE
* CHANGFENG ENERGY INC - APPROVED DECLARATION OF A ONE-TIME TOTAL PAYOUT FOR A SPECIAL DIVIDEND OF APPROXIMATELY RMB 12.9 MILLION
* CHANGFENG ENERGY INC - PREVAILING STOCK MARKET CONDITIONS IN HONG KONG EXPECTED TO AFFECT SENTIMENT AND APPETITE OF INVESTORS IN HONG KONG IPO MARKET
* CHANGFENG ENERGY INC - BOARD OF DIRECTORS OF COMPANY HAS DECIDED TO DEFER ITS HK IPO PLAN