HONG KONG--(BUSINESS WIRE)--Blue Sky Power Holdings Limited (or “the Company”, together with its subsidiaries, the “Group”, HKSE stock code: 6828) is pleased to announce that the Company has been included as a constituent of the Morgan Stanley Capital International ("MSCI") Hong Kong Small Cap Index for the first time, with effect from 31 May, 2016 (Tuesday) after trading hours.
The MSCI Hong Kong Small Cap Index is one of the benchmarks widely used by institutional investors. Most of the MSCI constituent stocks are outstanding in performance with long term growth potential. We believe that the inclusion to the MSCI Small Cap Index will foster Blue Sky Power’s shareholder diversification, and thus further enhance the circulation of our stock and broaden our shareholder base.
Mr. Tommy Cheng, Co-Chairman and Executive Director of Blue Sky Power Holdings Limited, said, “The inclusion of Blue Sky Power is a recognition of the Company’s performance in market capitalization, trading volume and liquidity. It also reflects investors’ confidence in the Company and the natural gas industry. The Company has recently completed the allotment and issuance of subscription shares and convertible bonds to Beijing Gas. This will further enable us to expand our foothold in the natural gas industry, as well as maximize the returns to investors and shareholders.”
Blue Sky Power Holdings Limited
Blue Sky Power Holdings Limited (HKSE stock code: 6828) is engaged in the natural gas distribution business in the PRC since late 2013 and has entered into agreements to acquire natural gas business in the PRC, including Shandong, Hainan, Hubei, Sichuan and Liaoning Provinces.