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Xinhua Joint Investment (08159) cut 765 million shares due to share consolidation based on a “20 merger” basis

Zhitongcaijing·11/03/2026 09:49:11
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According to the Zhitong Finance App, Xinhua Joint Investment (08159) announced that each 20 shares of the Company's current share capital, issued and unissued common shares with a face value of HK$0.01 per share were merged into 1 consolidated share with a face value of HK$0.20 per share, reducing 765 million shares.