English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 4 June 2021, 11:30 HKT/SGT
Share:
Joy Spreader Secured Investments from Blackrock and State Street Corp, Performance-based Marketing Leader Obtains Recognitions from Global Institutional Investors

HONG KONG, June 4, 2021 - (ACN Newswire) - 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 is one of the largest financial services and investment groups globally. By the end of 2020, State Street Corporation has $38.8 trillion USD of assets under custody and administration, as well as 3.5 trillion USD of assets under management.

Investments made by Blackrock and State Street demonstrate strong evidence that Joy Spreader receives significant recognitions from top-tier global financial institutions, which will further empower the Company to optimize the shareholding structure and to implement the international expansion strategy.


Topic: Press release summary
Source:

Sectors: Media & Marketing, Daily Finance, Cloud & Enterprise, Advertising
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Researchers Present Key Research Results on Diabetes Remission of Dorzagliatin  
Sept 26, 2021 20:00 HKT/SGT
Toyota Yaris WRC Returns to Home Roads for an Autumn Rally Finland  
Sept 24, 2021 19:30 HKT/SGT
Xilinx and NEC Accelerate Next-Generation 5G Radio Units for Global Deployment   
Sept 24, 2021 18:22 HKT/SGT
Mitsui Chemicals Teams up With NEC and dotData to Trial AI-based Price Change Forecasting for Market-Sensitive Products  
Sept 24, 2021 18:00 HKT/SGT
Moonstake Joins Hyper Protect Accelerator, A Startup Incubator Program of IBM  
Sept 24, 2021 11:00 HKT/SGT
Justin Sun: Preserve the Blockchain Spirit of Compliance and Transparency  
Sept 24, 2021 10:00 HKT/SGT
Fujitsu Sources 100% of Energy Needs for Global HQ from Renewables  
Sept 24, 2021 09:50 HKT/SGT
Agilex Biolabs Announced as Citeline Award Finalist for COVID-19 Vaccine Toxicology Preclinical Research  
Sept 24, 2021 09:00 HKT/SGT
Honda and Google Collaborate on In-vehicle Connected Services   
Sept 24, 2021 08:16 HKT/SGT
Animoca Brands uses Blockpass' On-chain KYC(TM) to verify NFT prize winners  
Sept 24, 2021 08:00 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2021 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575