China Communications Construction Advances First Unlocking of Reserved Shares Under 2022 Incentive Scheme

China Communications Construction Co ( (HK:1800) ) has provided an update.

China Communications Construction Company Limited has approved the first batch of unlocking of reserved shares under its 2022 Restricted Share Incentive Scheme, following a board meeting held on 18 March 2026. The move concerns a reserved grant of 16,450,000 A shares, originally granted on 26 January 2024 at RMB 5.06 per share to 132 participants, and confirms that the unlocking conditions for the first unlocking period have been fulfilled, advancing the company’s long-term equity incentive program for key staff.

This latest step follows earlier first grants of 97,950,000 restricted shares in May 2023 and subsequent repurchases and cancellations under the same scheme, indicating ongoing active management of the company’s share-based incentives. By progressing with the unlocking of reserved grants, the company reinforces alignment between management and shareholder interests and signals continuity in its incentive structure, which may support talent retention and operational stability over the medium term.

The most recent analyst rating on (HK:1800) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on China Communications Construction Co stock, see the HK:1800 Stock Forecast page.

More about China Communications Construction Co

China Communications Construction Company Limited is a large infrastructure and engineering group based in the People’s Republic of China and listed in Hong Kong. The company focuses on transportation infrastructure construction, design and dredging, playing a key role in large-scale domestic and overseas projects that support trade and logistics development.

Average Trading Volume: 10,974,277

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$132.6B

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