[Registration No. 333-162038 Prospectus CHINANET ONLINES, 8,363,200 SHARES OFMMON STOCK of which9,305,480 shares are owned by non-affiliates. of thete of this prospectus, the Shares being registered in the registration statement, of which this prospectus forms a part, represent approximately50.0% of the shares of thempanys currently issued and outstanding shares ofmmon Stock and represent approximately89.9% of]