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The latest update is out from Tencent Holdings ( (HK:0700) ).
Tencent Holdings announced the grant of 23,935,991 Awarded Shares to Employee Participants under its Share Award Scheme, representing approximately 0.261% of the total shares in issue. The awards, which do not require shareholder approval, are intended to incentivize and retain employees, with a vesting period ranging from 12 to 48 months. This move is aimed at encouraging continuous contribution to the company’s operations and long-term growth, reflecting Tencent’s commitment to rewarding its workforce and strengthening its market position.
The most recent analyst rating on (HK:0700) stock is a Buy with a HK$450.00 price target. To see the full list of analyst forecasts on Tencent Holdings stock, see the HK:0700 Stock Forecast page.
More about Tencent Holdings
Tencent Holdings is a leading Chinese multinational conglomerate in the technology and entertainment industry, known for its internet-related services and products, including social networks, music, web portals, e-commerce, mobile games, internet services, payment systems, smartphones, and multiplayer online games. The company is a major player in the global market with a significant focus on digital innovation and user engagement.
Average Trading Volume: 18,115,267
Technical Sentiment Signal: Buy
Current Market Cap: HK$5075.2B
For detailed information about 0700 stock, go to TipRanks’ Stock Analysis page.