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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,
Hong Kong’s Biggest Listing in Years Lures Back Global Investors
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.
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.
Chinese Appliance Giant Midea Set to Trade in Hong Kong After Raising $4 Billion
Shares of Chinese appliance maker Midea Group Co. rose in their Hong Kong debut after the city’s biggest listing in three years saw robust demand and revived hopes of a turnaround for its struggling market.
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