|
|
Article: EXERCISE PRICES OF STOCK OPTIONS FALL BELOW MARKET PRICES
- Article from:
- AsiaInfo Services
- Article date:
- March 20, 2008
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
AsiaInfo Services
03-20-2008
Exercise Prices of Stock Options Fall Below Market Prices
SHANGHAI, Mar 20, 2008 (SinoCast via COMTEX) -- Twenty-six listed companies saw their renminbi-denominated A shares have nearly slid below their exercise prices of stock option due to the consecutive tumble of the stock market.
Since December 20, 2007, 26 companies have launched employee stock option plans. As at March 18, only four companies including COFCO Property (Group) Co., Ltd., China CIFCO Investment Co. and Advanced Technology & Materials Co., Ltd. saw their exercise prices were higher than the market prices.
Only with higher exercise prices than the market prices, could the stock ...