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An update from Guangdong – Hong Kong Greater Bay Area Holdings Ltd. ( (HK:1396) ) is now available.
Guangdong – Hong Kong Greater Bay Area Holdings Ltd. has announced the termination of its Existing Share Option Scheme, which was initially adopted in 2019 to incentivize employees and directors. This decision aligns with recent amendments to Chapter 17 of the Listing Rules by the Stock Exchange, and all previously granted options have either lapsed or expired. The company plans to adopt a new Share Award Scheme, subject to shareholder approval, to provide a competitive remuneration package and attract top talent. This move is expected to enhance enterprise value and achieve long-term objectives, benefiting the company and its stakeholders.
The most recent analyst rating on (HK:1396) stock is a Hold with a HK$5.50 price target. To see the full list of analyst forecasts on Guangdong – Hong Kong Greater Bay Area Holdings Ltd. stock, see the HK:1396 Stock Forecast page.
More about Guangdong – Hong Kong Greater Bay Area Holdings Ltd.
YTD Price Performance: 3620.28%
Average Trading Volume: 2,810,696
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.98B
See more insights into 1396 stock on TipRanks’ Stock Analysis page.