<SEC-DOCUMENT>0001144204-11-019818.txt : 20110401
<SEC-HEADER>0001144204-11-019818.hdr.sgml : 20110401
<ACCEPTANCE-DATETIME>20110401180521
ACCESSION NUMBER:		0001144204-11-019818
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110330
FILED AS OF DATE:		20110401
DATE AS OF CHANGE:		20110401

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Sun Li
		CENTRAL INDEX KEY:			0001472807

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34647
		FILM NUMBER:		11732951

	MAIL ADDRESS:	
		STREET 1:		C/O CHINANET ONLINE MEDIA GROUP LTD.NO.3
		STREET 2:		MIN ZHUANG RD. YU QUAN HUI GU TUSPARK
		CITY:			HAIDIAN DISTRICT, BEIJING
		STATE:			NY
		ZIP:			100195

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ChinaNet Online Holdings, Inc.
		CENTRAL INDEX KEY:			0001376321
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ADVERTISING AGENCIES [7311]
		IRS NUMBER:				204672080
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		NO.3 MIN ZHUANG ROAD, BUILDING 6,
		STREET 2:		YU QUAN HUI GU TUSPARK,
		CITY:			HAIDIAN DISTRICT, BEIJING,
		STATE:			F4
		ZIP:			100195
		BUSINESS PHONE:		888-419-9455

	MAIL ADDRESS:	
		STREET 1:		101-C N. GREENVILLE AVENUE
		STREET 2:		SUITE 255
		CITY:			ALLEN
		STATE:			TX
		ZIP:			75002

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EMAZING INTERACTIVE, INC.
		DATE OF NAME CHANGE:	20060922
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v215332_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2011-03-30</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001376321</issuerCik>
        <issuerName>ChinaNet Online Holdings, Inc.</issuerName>
        <issuerTradingSymbol>CNET</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001472807</rptOwnerCik>
            <rptOwnerName>Sun Li</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>NO. 3 MIN ZHUANG ROAD, BUILDING 6,</rptOwnerStreet1>
            <rptOwnerStreet2>YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT</rptOwnerStreet2>
            <rptOwnerCity>BEIJING</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode>100195</rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $0.001 par value per share</value>
            </securityTitle>
            <transactionDate>
                <value>2011-03-17</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>7434940</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Rise King Investment Limited</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Prior to the disposition of the common stock of ChinaNet Online Holdings, Inc. disclosed on this Form 4, pursuant to the
 terms of a Share Transfer Agreement dated April 28, 2009 (the &quot;Share Transfer Agreement&quot;) by and between Ms. Sun Li and Mr.
 Yang Li, the sole stockholder of Rise King Investment Limited (&quot;Rise King&quot;), Ms. Li held the right to purchase 18% of the
 outstanding shares of Rise King, which owns 7,434,940 shares of ChinaNet Online Holdings, Inc.  Pursuant to the terms of the
 Share Transfer Agreement, on March 30, 2011, Ms. Li transferred her right to acquire the shares of Rise King under the Share
 Transfer Agreement to Mr. Zhige Zhang, the chief financial officer of ChinaNet Online Holdings. Inc.  As a result of this
 transfer and certain other transactions, the Entrustment Agreement dated June 5, 2009, by and between Rise King Investments
 Limited (&quot;Rise King&quot;) and Handong Cheng, Xuanfu Liu and Li Sun (collectively, the &quot;Grantees&quot;), (continue on footnote 2)</footnote>
        <footnote id="F2">pursuant to which (i) Rise King collectively delegated to the Grantees its direct or indirect rights as a stockholder of
 China Net Online Media Group Limited, CNET Online Technology Limited, Rise King Century Technology Development (Beijing)
 Co., Ltd., Shanghai Borongdingsi Computer Technology Co., Ltd., Business Opportunity Online (Beijing) Network Technology
 Co., Ltd. and Beijing CNET Online Advertising Co., Ltd. (collectively, the &quot;China Net Companies&quot;) and (ii) Ms. Li was deemed
 to be a beneficial owner of ChinaNet Online Holdings, Inc., is of no further force or effect and was terminated on March 30,
 2011.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Sun Li</signatureName>
        <signatureDate>2011-04-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
