此次调整中，赤子城科技被纳入全球完整全市场指数(FTSE All-Cap (LMS))和富时全球小盘股指数(FTSE Global Small Cap)，将进一步提升公司在国际资本市场的知名度与影响力，同时公司将获得全球范围内追踪该指数的资金配置。Recently, FTSE Russell released the latest semi-annual review report of the FTSE Global Equity Index Series (GEIS), announcing the adjustments to the components of the GEIS China index. China's leading social entertainment company, Newborntown (9911.HK), has been included in two indices and the changes are effective today.
Public information shows that FTSE Russell, as the second largest index company in the world, covers over 70 countries and regional markets with its index products, and about $20 trillion of assets are invested against its benchmark index. Among them, the FTSE Global Equity Index Series includes more than 19,000 stocks from 49 developed and emerging markets worldwide, making it one of the most authoritative global equity index frameworks.
It is understood that companies included in the FTSE GEIS index need to demonstrate outstanding performance in areas such as listing compliance, profitability, and corporate governance, as well as have high liquidity and growth potential. The FTSE index is an important reference for global investors, and index adjustments often attract a large amount of passive overseas funds. Many enterprises that have been included in the FTSE index have continued to receive increased holdings by foreign investors, so being included in the index is considered as bullish by many industry insiders.
In this adjustment, Newborntown Technology has been included in the FTSE All-Cap (LMS) and FTSE Global Small Cap indices, which will further enhance the company's visibility and influence in the international capital markets, while the company will also receive global fund allocations that track this index.
From the historical changes in the constituents of this index, the change in market cap of the company is one of the core factors in the adjustment, and the inclusion of individual stocks has an important relationship with their phased performance. Looking at this adjustment, the included individual stocks have generally achieved good gains this year, with Newborntown Technology already realizing a 42.78% increase from the beginning of the year to the present.
In the first half of 2024, Newborntown Technology's total revenue reached 2.272 billion yuan, a year-on-year growth of about 65%; net income reached 0.388 billion yuan, a year-on-year growth of 28%; adjusted EBITDA reached 0.448 billion yuan, a year-on-year growth of 29%. In recent years, the company has achieved continuous results in the Middle East and North Africa, with the revenue of its core social products in the region increasing by about 44% year-on-year in the first half of the year.
In the past few years, the huge potential of the Middle East and North Africa markets has gained increasing attention from global investors, and Newborntown Technology, which has been deeply cultivating this market for many years, has become one of the few scarce symbols with profound local capabilities. With the strong growth of the company's business and the increasing international capital attention, the long-term investment value of Newborntown Technology is expected to further manifest.
