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HONG KONG, Sept 9, 2016 - (ACN Newswire) - Tian Ge Interactive Holdings Limited ("Tian Ge" or the "Company", stock code: 1980.HK), is pleased to announce its inclusion in the Hang Seng Software & Services Index ("HSSSI"), with effect from 5 September 2016. Tian Ge is currently a constituent stock in Hang Seng Composite Index ("HSCI"), Hang Seng Composite Industry Index - Information Technology, Hang Seng Composite Size Index - SmallCap Index, Hang Seng Internet & Information Technology Index ("HSIII") and Hang Seng Global Composite Index ("HSGCI"), The Company is also a constituent stock in MSCI China Index under Global Small Cap Indexes.
The HSSSI series reflects the performance of certain sectors with the use of top 10 largest stocks with adequate liquidity as representatives for each of the sectors. Constituents are free float-adjusted for investability representation
Mr. Fu Zhengjun, Chairman and Chief Executive Officer of the Company stated, "We are honored to be selected as a constituent stock in HSSSI, which represents a recognition from the market to Tian Ge as a leader in the industry. The Managements believe this will further enhance the Company's position in international capital market, strengthen investors' confidence, and diversifying the Company's investor base. Looking forward, the Company will continue to develop its mobile live streaming business, as well as maintaining steady growth of its PC platform, in order to maximize returns of the shareholders."
About Tian Ge Interactive Holdings Limited (stock code: 1980.HK)
Tian Ge Interactive Holdings Limited is the largest live social video platform in China. The Group operates a number of renowned "many-to-many" and "one-to-many" live social video communities, including 9158 Video Community and Sina Show. Leveraging on its leading industrial position, Tian Ge launched "Crystal Live Broadcasting" and "Miao Broadcasting" respectively in the first half of 2016. The wide acceptance of the two live streaming mobile applications allows Tian Ge to fully capture the opportunities arising from the rapidly growing demand for mobile entertainment in China, Asia and the rest of the world, which also creates synergistic effects with Tian Ge's live social video businesses.
Topic: Press release summary
Source: Tian Ge Interactive Holdings Limited
Sectors: Daily Finance, Daily News
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From the Asia Corporate News Network
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