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


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
Chinabank Fully Transitions Into AI-powered Human Capital Management  
July 3, 2025 20:30 HKT/SGT
UOB Hong Kong becomes first Singapore-based bank to sign MOU with HKTDC  
July 3, 2025 16:29 HKT/SGT
Fujitsu to develop ETF trading platform based on TSE's CONNEQTOR and provide it to Australian Securities Exchange  
Thursday, July 3, 2025 10:14:00 AM
AI-Powered CX, Operational Efficiency, and Smarter Journeys Redefining Strategies Across UK Enterprises: Customer Experience Live Show UK 2025 Unveils Industry Priorities  
July 3, 2025 08:59 HKT/SGT
GFEAI 2025 Concludes Successfully: PM Paetongtarn Backs Human-Centric AI, AIGPC Emerges as Regional AI Ethics Hub  
July 2, 2025 22:20 HKT/SGT
Global Sports Brand U.S. Polo Assn. Launches in Brazil With Grupo Pasquini  
July 2, 2025 19:00 HKT/SGT
Baguio Awarded Marine Department Contract for Marine Cleansing in the Eastern Waters of Hong Kong for Approximately HK$150 million  
July 2, 2025 17:51 HKT/SGT
Ching Lee Holdings (3728.HK) Reports Solid and Resilient Annual Results  
July 2, 2025 16:58 HKT/SGT
TravelKon Launches Unlimited Europe eSIM Range to Keep Australians Connected over European Summer Getaway  
July 2, 2025 16:00 HKT/SGT
Mitsubishi Motors Launches the All-New Grandis for the European Market  
Wednesday, July 2, 2025 11:10:00 AM
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: