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New Huo Technology Grants Share Awards to Employees and Service Providers

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New Huo Technology Grants Share Awards to Employees and Service Providers

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New Huo Technology Holdings Limited ( (HK:1611) ) has shared an announcement.

New Huo Technology Holdings Limited has announced the grant of 2,829,000 share awards under its Share Award Scheme, representing approximately 0.38% of the company’s total shares. The awards are distributed among 13 grantees, including employees and service providers, with a vesting period of three years subject to performance targets. This initiative is part of the company’s strategy to incentivize and retain talent, potentially impacting its operational efficiency and market positioning positively.

The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on New Huo Technology Holdings Limited stock, see the HK:1611 Stock Forecast page.

More about New Huo Technology Holdings Limited

Average Trading Volume: 6,053,272

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.28B

Learn more about 1611 stock on TipRanks’ Stock Analysis page.

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