Xinhua News Media Executes 1-for-40 Share Consolidation, Shrinking Issued Shares to 52.10 Million

Bulletin Express
Jul 06

For the month ended 30 June 2026, Xinhua News Media Holdings Limited filed its monthly return with Hong Kong Exchanges and Clearing Limited, detailing the completion of a 1-for-40 share consolidation on 24 June 2026.

The corporate action reduced the company’s authorised share count by 3.90 billion to 100 million ordinary shares, while the par value jumped from HK$0.01 to HK$0.40. Despite the lower share count, total authorised share capital remained unchanged at HK$40.00 million.

Issued shares fell sharply from 2.08 billion to 52.10 million, reflecting a net decrease of 2.03 billion shares after consolidation. The company reported zero treasury shares both before and after the transaction and confirmed compliance with the Main Board’s minimum 25% public-float requirement.

Outstanding share options under the 25 September 2015 scheme were proportionally adjusted from 56.64 million to 1.42 million options. These options are now exercisable into the post-consolidation ordinary shares; no new shares were issued during the month pursuant to option exercise.

The filing shows no movements involving warrants, convertible securities, or other share-issuance agreements. Xinhua News Media also confirmed that all regulatory and listing rule requirements related to the month’s share movements have been met.

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