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The latest announcement is out from Kuaishou Technology Class B ( (HK:1024) ).
Kuaishou Technology announced the grant of 6,567,269 Restricted Share Units (RSUs) to eligible employees under its 2023 Share Incentive Scheme. This initiative aims to align employee interests with the company’s long-term growth and profitability by offering ownership stakes and potential financial benefits. The RSUs have a vesting period ranging from 0 to 48 months, with no performance targets attached, and include a clawback mechanism to protect the company’s interests. This move is expected to enhance employee retention and motivation, contributing positively to Kuaishou’s operational goals.
The most recent analyst rating on (HK:1024) stock is a Buy with a HK$106.00 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 company incorporated in the Cayman Islands, operating with weighted voting rights. It is involved in the technology sector, focusing on social media and short video platforms, primarily serving the Chinese market.
Average Trading Volume: 47,101,526
Technical Sentiment Signal: Buy
Current Market Cap: HK$329.1B
See more data about 1024 stock on TipRanks’ Stock Analysis page.