NEWTREND GROUP Shareholder Deposits Shares with China Securities Depository and Clearing Hong Kong, Valued at HK$205 Million

Stock News
04/20

It was learned that the latest data from the Hong Kong Stock Exchange shows that on April 17, a shareholder of NEWTREND GROUP deposited shares with China Securities Depository and Clearing Hong Kong. The deposited shares have a market value of HK$205 million, representing 74.49% of the company's shares. NEWTREND GROUP announced that the company has completed all the necessary legal and registration procedures for the conversion of all its domestic unlisted shares into H-shares. The conversion of 41,082,340 domestic shares into H-shares was completed on April 17, 2026. The converted H-shares will commence listing and trading on the Stock Exchange starting at 9:00 a.m. on Monday, April 20, 2026. These converted H-shares will carry the same rights as the company's existing issued H-shares, including but not limited to rights to dividend distributions, voting rights, and other shareholder rights.

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