Reported 29 days ago
Chinese appliance maker Midea Group plans to price its shares at HK$54.80 each, the upper limit of its indicative range, aiming to raise at least $3.46 billion in a Hong Kong listing. The book building process has been expedited and is set to close on Wednesday, with strong demand potentially increasing the total raised to $3.98 billion. This IPO would mark Hong Kong's largest since May 2021.
Source: YAHOO