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,

Hong Kong is a “strong contender” for a potential listing of crypto venture investor and blockchain game developer Animoca Brands Corp., its Chairman Yat Siu said.

Midea's IPO raised $4 billion, eclipsing the combined value of all other listings in the Chinese city so far this year.

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.

Chinese appliance maker Midea Group Co.’s $4 billion listing in Hong Kong is fueling cautious optimism that the worst of the city’s capital markets drought may be coming to an end.

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.

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.

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.

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,