Tag: Spreader

The Board of Joy Spreader (06988.HK), a Hong Kong publicly traded company, made voluntary announcement regarding its plan of adoption of Share Award Scheme through a stock repurchase program on June 21st, 2021. The announcement says that the Scheme serves the purposes to recognize the crucial and remarkable dedications and contributions of certain directors, employees, consultants and advisers of the Company, as well as to incentivize them to retain longer term tenure with the Company, while to motivate them to endeavor for the future development and expansion strategy. Analysts credit that the Company has delivered an impressive growth dynamics and ... Read more

Since Joy Spreader (06988.HK) was incorporated into the MSCI China Small Cap Index with effect upon the closure of the market on May 27, 2021, the Company secured investments from Blackrock Inc. and State Street Group respectively, the two most influential global institutional investors. According to Bloomberg data, Blackrock and State Street hold 2,560,000 shares and 629,000 shares of the Company, representing 0.12% and 0.03% of total shares outstanding, respectively. Blackrock Inc. is the largest asset management institution worldwide. By the end of Q1 2021, the total asset under management of Blackrock peak at 9.0 trillion USD. State Street Corporation ... Read more

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 ... Read more