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Cloud Music Inc. ( (HK:9899) ) just unveiled an announcement.
Cloud Music Inc. announced the grant of awards under its 2022 Restricted Share Unit Plan, using existing shares. The awards, granted to nine eligible employee participants, have a vesting period of three years starting from June 2025, with performance targets and a clawback mechanism in place. This initiative reflects the company’s commitment to incentivizing employees while managing share distribution effectively, potentially impacting its operational dynamics and stakeholder interests.
The most recent analyst rating on (HK:9899) stock is a Buy with a HK$110.00 price target. To see the full list of analyst forecasts on Cloud Music Inc. stock, see the HK:9899 Stock Forecast page.
More about Cloud Music Inc.
Cloud Music Inc. operates in the digital music industry, providing a platform for music streaming and related services. The company focuses on delivering a wide range of music content to users, leveraging technology to enhance user experience and engagement.
Average Trading Volume: 857,831
Technical Sentiment Signal: Buy
Current Market Cap: HK$43.22B
Find detailed analytics on 9899 stock on TipRanks’ Stock Analysis page.