Xiaomi Announces Share Awards to Boost Employee Engagement

An announcement from Xiaomi ( (HK:1810) ) is now available.

Xiaomi Corporation announced the grant of 30,827,078 Award Shares to 1,615 participants, including employees and service providers, under its 2023 Share Scheme. Additionally, 1,423,271 XMHK Options were granted to four employees under the 2024 Xiaomi HK Share Scheme. This initiative aims to align employee performance with company goals, featuring a time-based vesting schedule and a clawback mechanism to ensure adherence to company policies. The move is expected to enhance employee motivation and retention, potentially strengthening Xiaomi’s competitive position in the technology sector.

The most recent analyst rating on (HK:1810) stock is a Hold with a HK$60.00 price target. To see the full list of analyst forecasts on Xiaomi stock, see the HK:1810 Stock Forecast page.

More about Xiaomi

Xiaomi Corporation is a technology company incorporated in the Cayman Islands, operating under weighted voting rights. It is primarily known for its consumer electronics and smart manufacturing services, with a significant market presence in the smartphone and smart hardware sectors.

Average Trading Volume: 312,883,803

Technical Sentiment Signal: Buy

Current Market Cap: HK$1337B

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