Chinese smartphone maker Xiaomi doles out stock awards to all its employees to commemorate its first-time inclusion in the Fortune 500 list of the world’s largest companies by revenue
July 23, 2019 7:55 am ET
Xiaomi Corp., a Chinese smartphone maker, doled out stock awards to its more than 20,000 employees to commemorate its first-time inclusion in the Fortune 500 list of the world’s largest companies by revenue. The Beijing-headquartered company, which went public on Hong Kong’s stock exchange about a year ago, told employees they would each receive 1,000 shares as a token of its appreciation for becoming the youngest company to make the list. Each award was recently worth about 9,110 Hong Kong dollars , costing Xiaomi...
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