Midea Group Co., Ltd (00300) plans to globally issue 492 million H shares and is expected to be listed on September 17th.

date
06:16 09/09/2024
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GMT Eight
The Midea Group (00300) will conduct its IPO from September 9, 2024 to September 12, 2024, with plans to globally issue 4...
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.