-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MvhwF2yo3iwq09i/Ivg93jMxH+J4GeXqxARgrl6349VH7vUmIQAWrq1SK4PjdFay
 +inwvoGMtaBOcJbgjKDRJA==

<SEC-DOCUMENT>0001085037-06-002416.txt : 20061207
<SEC-HEADER>0001085037-06-002416.hdr.sgml : 20061207
<ACCEPTANCE-DATETIME>20061207141132
ACCESSION NUMBER:		0001085037-06-002416
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20061204
FILED AS OF DATE:		20061207
DATE AS OF CHANGE:		20061207

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HUNG ANDREW GEORGE
		CENTRAL INDEX KEY:			0001382858

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16283
		FILM NUMBER:		061262162

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		852-2153-9718

	MAIL ADDRESS:	
		STREET 1:		801A, 8/F, DINA HOUSE, RUTTONJEE CENTRE
		STREET 2:		11 DUDDELL STREET CENTRAL
		CITY:			HONG KONG
		STATE:			F4
		ZIP:			000000

	FORMER NAME:	
		FORMER CONFORMED NAME:	HUNG ANDREW
		DATE OF NAME CHANGE:	20061206

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CATHAY MERCHANT GROUP, INC.
		CENTRAL INDEX KEY:			0000352281
		STANDARD INDUSTRIAL CLASSIFICATION:	PRIMARY PRODUCTION OF ALUMINUM [3334]
		IRS NUMBER:				042608713
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	BUSINESS ADDRESS:	
		STREET 1:		3604 TOWER 1, KERRY EVERBRIGHT CITY
		STREET 2:		218 TIAN MU ROAD WEST
		CITY:			SHANGHAI
		STATE:			F4
		ZIP:			200070
		BUSINESS PHONE:		86-21-6353-0012

	MAIL ADDRESS:	
		STREET 1:		3604 TOWER 1, KERRY EVERBRIGHT CITY
		STREET 2:		218 TIAN MU ROAD WEST
		CITY:			SHANGHAI
		STATE:			F4
		ZIP:			200070

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EQUIDYNE CORP
		DATE OF NAME CHANGE:	20000110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN ELECTROMEDICS CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>form3hung_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2006-12-04</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000352281</issuerCik>
        <issuerName>CATHAY MERCHANT GROUP, INC.</issuerName>
        <issuerTradingSymbol>CMQ</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001382858</rptOwnerCik>
            <rptOwnerName>HUNG ANDREW GEORGE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>801A, 8/F, DINA HOUSE, RUTTONJEE CENTRE</rptOwnerStreet1>
            <rptOwnerStreet2>11 DUDDELL STREET CENTRAL</rptOwnerStreet2>
            <rptOwnerCity>HONG KONG</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode>000000</rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <ownerSignature>
        <signatureName>/s/ Andrew Hung</signatureName>
        <signatureDate>2006-12-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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