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Kuaishou Grants 4.49 Million RSUs to Staff Under 2023 Incentive Scheme

Story Highlights
  • Kuaishou granted 4.49 million RSUs to eligible employees under its 2023 share incentive plan.
  • The RSUs feature up to 48-month vesting, performance conditions for key staff, and strong clawback safeguards.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kuaishou Grants 4.49 Million RSUs to Staff Under 2023 Incentive Scheme

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An announcement from Kuaishou Technology Class B ( (HK:1024) ) is now available.

Kuaishou Technology has granted 4,486,457 restricted share units (RSUs) to eligible employees under its 2023 Share Incentive Scheme, with each unit representing a right to receive one share or cash equivalent at no purchase price and vesting over a period of up to 48 months. The plan, which excludes directors, chief executives and substantial shareholders, incorporates performance-based vesting for designated employees and a detailed clawback mechanism, underscoring the company’s focus on aligning staff incentives with long-term performance, strengthening retention, and safeguarding corporate governance and shareholder interests.

The most recent analyst rating on (HK:1024) stock is a Hold with a HK$84.00 price target. To see the full list of analyst forecasts on Kuaishou Technology Class B stock, see the HK:1024 Stock Forecast page.

More about Kuaishou Technology Class B

Kuaishou Technology is a China-based technology company best known for its short-video and live-streaming platforms, operating under a weighted voting rights structure and listed in Hong Kong with both HKD and RMB counters. The group focuses on online content, social media and digital entertainment services, monetizing through advertising, virtual gifting, and other interactive features across its ecosystem.

Average Trading Volume: 33,397,690

Technical Sentiment Signal: Buy

Current Market Cap: HK$332.2B

Learn more about 1024 stock on TipRanks’ Stock Analysis page.

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