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Joy Spreader Included In The MSCI China Small Cap Index


HONG KONG, May 13, 2021 – (ACN Newswire) – On May 12th ,
Joy Spreader (06988.HK), a Hong Kong-listed
company, announced that the Company is incorporated into the
MSCI China Small Cap Index, with effect upon the closure of
the market on May 27, 2021.

It is reported that the
MSCI China Small Cap Index is one of the China market
indices launched by Morgan Stanley Capital International
(MSCI), which aims to measure the performance of the small
cap segment in China’s stock market, covering PRC companies
with excellent operating results and development potential.
It is an important index for global institutional investors
to evaluate their investment portfolios.

Joy Spreader
is a leading MarTech company engaging in mobile new media
performance-based marketing and marketing SaaS services in
the PRC. It has achieved outstanding performance for years
and has received considerable attention in the Hong Kong
stock market since its listing.

According to the
financial report, the revenue of Joy Spreader was HK$262
million, HK$538 million and HK$924 million from 2018 to
2020, respectively, and the earnings (net profit) during the
year were HK$45 million, HK$77 million and HK$139 million,
respectively. Joy Spreader’s performance has maintained
rapid growth.

The Company’s board of directors
believes that the inclusion of the MSCI China Small Cap
Index shows the recognition of the Company’s performance and
value by the capital market. It is expected that the
inclusion will enhance the confidence of capital market and
investors to the Company and increase the liquidity of the
Company’s shares. At the same time, the inclusion will raise
the Company’s profile and boost the Company’s business and
cooperation.

© Scoop Media

 



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