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Kuaishou Grants Over 75 Million Equity Awards Under 2023 Incentive Scheme

Story Highlights
  • Kuaishou granted over 75 million RSUs and options to employees under its 2023 incentive plan.
  • The equity awards use varied vesting, performance conditions and clawbacks to retain talent and align interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kuaishou Grants Over 75 Million Equity Awards Under 2023 Incentive Scheme

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Kuaishou Technology Class B ( (HK:1024) ) has provided an update.

Kuaishou Technology has granted 73,231,488 restricted share units and 2,518,215 share options to selected employees under its 2023 Share Incentive Scheme, with most RSUs carrying no performance targets and vesting over up to 48 months. The awards, which include performance-linked tranches and a detailed clawback mechanism, aim to reward past contributions, attract and retain key staff, and better align employee interests with long-term corporate and segment performance, underscoring the company’s continued use of equity incentives in a competitive talent market.

The most recent analyst rating on (HK:1024) stock is a Buy with a HK$82.00 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 Chinese short-video and live-streaming platform operator listed in Hong Kong, offering social media and online content services to mass-market users. The company competes in China’s highly competitive online entertainment and digital advertising sectors, where user growth, engagement and monetisation are closely tied to talent retention and product innovation.

Average Trading Volume: 40,581,558

Technical Sentiment Signal: Sell

Current Market Cap: HK$192.9B

For a thorough assessment of 1024 stock, go to TipRanks’ Stock Analysis page.

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