Xiaomi grants biggest share option as smartphone maker boosts headcount, talent to tackle Chinese electric-vehicle market

Source: Tech – South China Morning PostXiaomi Corp, the world’s third-largest smartphone vendor, has announced its biggest stock award to employees since its listing in Hong Kong, after expanding its headcount by 51 per cent last year in a push to diversify into electric-car manufacturing.The company awarded 174.9 million shares to 4,931 employees, the biggest of the 14 share option grants to date. The shares, valued at HK$2.6 billion (US$330.4 million) based on Wednesday’s closing price, are vested over 10 years until April 2032,…Read More

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