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New Huo Technology Holdings Limited ( (HK:1611) ) has provided an announcement.
New Huo Technology Holdings Limited has announced a proposed adoption of a share award scheme, which is designed to provide incentives to eligible participants by granting awards for their contributions to the company. This scheme aims to align the interests of participants with the company, improve long-term incentive mechanisms, and attract and retain high-caliber personnel. The scheme will be valid for ten years and involves issuing new shares or utilizing existing shares, subject to shareholder approval.
The most recent analyst rating on (HK:1611) stock is a Hold with a HK$4.50 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: 9,448,025
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$4.25B
For detailed information about 1611 stock, go to TipRanks’ Stock Analysis page.