---
title: "Newtrend Group Wins HKEX Nod for Full H-Share Conversion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277854909.md"
description: "Newtrend Group Holding Co., Ltd. has received approval from the Hong Kong Stock Exchange for the full conversion of 41,082,340 domestic shares into H shares. This conversion will standardize the company's share classes and enhance liquidity for international investors. Major shareholders Wang Xiaoqiang and Shenzhen Newtrend Industrial Development Co., Ltd. hold about 42.7% of the company’s issued share capital. The total number of H shares will reach 96,231,234, reflecting a shift to a capital structure entirely composed of H shares."
datetime: "2026-03-04T23:43:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277854909.md)
  - [en](https://longbridge.com/en/news/277854909.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277854909.md)
---

# Newtrend Group Wins HKEX Nod for Full H-Share Conversion

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Newtrend Group Holding Co., Ltd. Class H ( (HK:2573) ) just unveiled an announcement.

Newtrend Group Holding Co., Ltd. has received approval from the Hong Kong Stock Exchange to list and allow trading of 41,082,340 converted H shares, which will be created through the full conversion of an equivalent number of domestic shares. The move follows regulatory filings in China and marks a shift to a capital structure consisting entirely of H shares, totaling 96,231,234 shares.

The conversion involves two major shareholders, Wang Xiaoqiang and Shenzhen Newtrend Industrial Development Co., Ltd., who together currently hold about 42.7% of the company’s issued share capital in domestic shares. Upon completion, all of these domestic shares will be converted into H shares, potentially enhancing liquidity, free float, and accessibility for international investors, while standardizing the company’s share classes in the Hong Kong market.

**More about Newtrend Group Holding Co., Ltd. Class H**

Newtrend Group Holding Co., Ltd. is a joint stock company incorporated in the People’s Republic of China with its H shares listed on the Hong Kong Stock Exchange. The company’s share capital is divided between H shares, which are tradable in Hong Kong, and previously outstanding domestic shares held in the PRC, reflecting a cross-border ownership structure typical of mainland Chinese issuers in Hong Kong.

**Average Trading Volume:** 17,052

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$939.1M

For a thorough assessment of 2573 stock, go to TipRanks’ Stock Analysis page.

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