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Tencent Holdings ( (HK:0700) ) has issued an announcement.
Tencent Holdings announced the grant of 20,287 options to subscribe for shares to its employee participants under its Share Option Scheme. This move is aimed at retaining, incentivizing, and rewarding employees, encouraging their continued contribution to the company’s growth and success. The options have an exercise price of HKD649.3 per share, with a vesting period of approximately 35 months. This strategic initiative reflects Tencent’s commitment to fostering employee engagement and aligning their interests with the company’s long-term objectives.
The most recent analyst rating on (HK:0700) stock is a Buy with a HK$786.00 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 technology company primarily operating in the internet and technology industry. It offers a wide range of products and services including social networking, music, web portals, e-commerce, and multiplayer online games. The company is known for its focus on innovation and its strong presence in the Chinese market.
Average Trading Volume: 17,421,881
Technical Sentiment Signal: Buy
Current Market Cap: HK$5953.8B
Find detailed analytics on 0700 stock on TipRanks’ Stock Analysis page.