HK Stock Market Move | TIANLI INT HLDG (01773) rose nearly 8% in the afternoon, recently announced a stock purchase plan. The exercise price of the equity incentive is higher than the current price, indicating confidence.

TIANLI INT HLDG (01773) rose nearly 8% in the afternoon, with a 7.32% increase as of the press time, trading at HK$4.84 with a turnover of HK$11.1261 million. In terms of news, TIANLI INT HLDG recently announced that the company issued a total of 9.4 million share options to eligible participants on October 24, 2024, to subscribe for ordinary shares of the company with a par value of HK$0.1 per share, with an exercise price of HK$4.72 per share, with a validity period of 10 years. Tianfeng pointed out that talent is the fundamental productivity of an education company's development, and binding and motivating talent is an important barrier and guarantee for the company's growth; as a listed company, TIANLI can use the capital market to incentivize key teachers and employees is an effective and important method; it can effectively reduce cash pressure, deeply bind with the company's market value, amplify incentive effects, and achieve a positive cycle; the exercise price for employees is higher than the current stock price, fully reflecting the company's confidence in future development and market value growth. If the future stock price is lower than the current price, this incentive will have no effect; the company sets the employee incentive stock price higher than the current stock price to strengthen shareholder confidence.