Depicts four hands (舁) working together (同) to raise something. The simplified character 兴 was adapted from the cursive form of the traditional character 興.
Components
舁(iconic, simplified) — Shorthand for the 舁 component in the traditional character 興. Depicts four hands.
同(iconic, simplified) — Shorthand for the 同 component in the traditional character 興. Depicts something being lifted.