Sun.King Tech (00580) issues 69.7 million stock options.

23/12/2024

GMT Eight

SUN.KING TECH (00580) announced that on December 23, 2024, the company granted certain grantees with share purchase rights under the company's share purchase plan adopted on May 21, 2020 and effective on June 3, 2020, to subscribe for up to 69.7 million shares of the company. The exercise price of the share purchase rights is HKD 1.300 per share.

NEWBORNTOWN(09911) will issue 25,172,100 restricted share units under the NBT Restricted Share Unit Plan as reward shares.

US Stock Market Move | Xerox Holdings Corporation (XRX.US) rose more than 10% after acquiring L&M International for $1.5 billion.

Contact: contact@gmteight.com

Sun.King Tech (00580) issues 69.7 million stock options.

RECOMMEND

The draft of the Hong Kong Tax Amendment Ordinance 2024 has been published, affecting the minimum tax for multinational corporate groups.

HK Stock Market Move | INKEVERSE (03700) rose more than 5% during intraday trading. Kunlun Tech's shareholding has now exceeded 15%. The company has shown outstanding performance in the short video field.

HK Stock Market Move | SHENZHOU INTL (02313) rose more than 3%, the company is mainly benefiting from international brand restocking in the second half of the year, and its revenue is expected to achieve stable growth next year.