Midea Group Co., Ltd (00300) plans to globally issue 492 million H shares and is expected to be listed on September 17th.
09/09/2024
GMT Eight
Midea Group Co., Ltd(00300) will launch its IPO from September 9, 2024 to September 12, 2024, with plans to globally offer 492 million H shares. Approximately 5.0% will be offered for public sale in Hong Kong, while around 95.0% will be offered internationally. There will also be approximately 15% over-allotment option. The offer price for each share is expected to be between HK$52.00 and HK$54.80, with 100 shares per board lot. It is anticipated that the H shares will be listed on September 17, 2024.