Shares of NetEase-S (HKEX: 09999) are rising close to 4% following a company announcement regarding its listing status.

As of the latest update, the stock is up 3.8%, trading at HK$188.7 with a turnover of HK$299 million.

The company has declared it will formally transition from a secondary listing to a dual primary listing on the Hong Kong Stock Exchange, effective June 30, 2026.

This move accelerates the end of the originally planned 12-month transition grace period, which was set to conclude on February 27, 2027.

Concurrently, the "S" suffix in the stock's trading symbol will be removed starting on that date.

The decision follows a notification from the exchange to NetEase on February 27, 2026.

The notification confirmed that more than 55% of the company's global trading volume by value for the 2025 fiscal year occurred on the Hong Kong market.

According to Hong Kong listing rules, this metric leads the exchange to determine that the trading of the company's shares has permanently shifted in large part to Hong Kong.