tiprankstipranks
Trending News
More News >

Zai Lab Ltd Grants Restricted Share Units to Employees

Story Highlights

Confident Investing Starts Here:

The latest update is out from Zai Lab Ltd ( (HK:9688) ).

Zai Lab Ltd announced the grant of 9,800 Restricted Share Units to two employees under its 2024 Equity Incentive Plan. This initiative aims to recognize and reward the employees’ contributions and incentivize their continued efforts towards the company’s success. The grants, which have no performance targets or clawback mechanisms, are seen as market competitive and aligned with the company’s practices, potentially enhancing employee retention and motivation.

The most recent analyst rating on (HK:9688) stock is a Buy with a HK$24.34 price target. To see the full list of analyst forecasts on Zai Lab Ltd stock, see the HK:9688 Stock Forecast page.

More about Zai Lab Ltd

Zai Lab Ltd is a biopharmaceutical company incorporated in the Cayman Islands, specializing in the development and commercialization of innovative therapies. The company focuses on addressing unmet medical needs in the fields of oncology, autoimmune disorders, and infectious diseases.

Average Trading Volume: 9,672,544

Technical Sentiment Signal: Hold

Current Market Cap: HK$24.55B

See more data about 9688 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App