Kuaishou Technology Grants Over 58 Million RSUs to Employees

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

Kuaishou Technology announced the grant of 58,197,435 Restricted Share Units (RSUs) to eligible employees under its 2023 Share Incentive Scheme. This initiative aims to align the interests of the employees with the company’s long-term growth and profitability by offering them ownership stakes. The RSUs have a vesting period ranging from 0 to 48 months, with performance targets applicable to designated employees. The grant is designed to retain talent and encourage contributions to the company’s success.

More about Kuaishou Technology Class B

Kuaishou Technology is a company incorporated in the Cayman Islands, operating with weighted voting rights. It is listed on the Hong Kong Stock Exchange and is involved in the technology sector, focusing on social media and online video-sharing platforms.

YTD Price Performance: 22.01%

Average Trading Volume: 74,012,311

Technical Sentiment Signal: Sell

Current Market Cap: HK$217.6B

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