Midea's strong Hong Kong debut
Midea shares leap 9.5% in Hong Kong debut after $4 billion listing
By Scott Murdoch and Donny Kwok SYDNEY (Reuters) -Midea Group stock jumped by up to 9.5% on its trading debut in Hong Kong on Tuesday after the Chinese home appliances maker raised nearly $4 billion in the city's largest share offering in almost four years,
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The demand for Midea's Hong Kong listing is driven by the discount compared to its A-share listing: Analyst
Dickie Wong from Kingston Securities talked about Midea's performance, particularly in the context of weak economic data in China and potential tariffs.
Midea's strong Hong Kong debut after $4 bln listing boosts outlook
Midea Group rose as much as 9.5% on its Hong Kong trading debut after the Chinese home appliances maker raised nearly $4 billion in the city's largest share offering in almost four years, boosting hopes for a revival in large Chinese issuances.
Midea’s Shares Jump on Hong Kong Debut After Raising $4 Billion
Shares of Chinese appliance maker Midea Group Co. rose in their debut after Hong Kong’s biggest listing in three years, reviving hopes of a turnaround for the city’s struggling market.
Hong Kong’s biggest IPO since 2021 sizzles as Midea shares soar in blockbuster offering
The Foshan-based company raised HK$31.01 billion last week, after offering its stock at HK$54.80 a share, at the top end of an expected price range.
Midea Group shares rise 8% in Hong Kong after $4 billion listing
Shares of Midea Group climbed 8% at the open in their Hong Kong trading debut on Tuesday after the Chinese home appliances maker raised nearly $4 billion in its listing. Midea, also listed in Shenzhen,
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