China Baoli Technologies (HKG:0164) granted share options, exercisable into nearly 23.2 million new ordinary shares at HK$0.390 apiece, to certain directors and employees, a Nov. 7 Hong Kong bourse filing said.

Shares of the multimedia company were up over 1% in Monday afternoon trading.

The options, granted under a 2025 incentive scheme, are subject to acceptance by the grantees and are valid for 10 years.

Of the total, around 7 million shares were granted to the firm's chairman, CEO, and company secretary, with the remaining granted to other employees.

Following the grant, the firm has over 5.9 million shares available for future grant under the scheme mandate limit.