HONG KONG, Aug. 23, 2013 /PRNewswire/ -- NetDragon Websoft Inc. ("NetDragon" or "the Company"; HKEx: 777) is pleased to announce that the Company has been selected as a constituent stock of the Hang Seng Composite Index ("HSCI"), effective 9 September 2013.
NetDragon's inclusion in the HSI marks another significant milestone for NetDragon. NetDragon will be one of the constituents of Hang Seng Broad Consumption Index ("HSBCI"), Hang Seng Global Composite Index ("HSGCI"), Hang Seng Composite Index, Hang Seng Composite Industry Index – Information Technology and Hang Seng Composite SmallCap Index.
The selection of NetDragon by HSCI also demonstrates the investment community's recognition of and confidence in the Group's significant market capitalisation and adequate free float. Since April 2013, the Company's market capitalisation has doubled to [HK$ 9,345.6 million].
Mr. Liu Dejian, Chairman and Executive Director of NetDragon, said, "NetDragon is very pleased to be included as one of the constituent stocks of the Hang Seng Composite Index. To be acknowledged as one of the leading information technology stocks in Hong Kong and China is a testament to the scale and quality of our business and the innovative and creative spirit of our people, and also represents recognition of our strong market leading position as the leading online gaming and mobile internet player in the industry. We are grateful for the trust and continued support of our customers and shareholders."
