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one week's ipo dynamics, covering hong kong stocks, us stocks, and a shares.

this article is originally published by ipo zaozhidao

author: c

midea group

hong kong stocks | passed the hearing

according to ipo early news, midea group co., ltd. (hereinafter referred to as "midea group") has recently passed the hearing of the hong kong stock exchange and disclosed the post-hearing information package on august 30. cicc and bank of america serve as joint sponsors.

according to ipo early news, midea group plans to raise us$2 billion to us$3 billion through this hong kong listing and will be officially listed on the hong kong stock exchange as early as september. this means that midea group may become the largest ipo project in hong kong stocks this year.

founded in 1968, midea group now has two business segments: smart home business and commercial and industrial solutions. the former provides consumers with various home appliances; the latter provides various solutions for corporate customers, such as home appliance compressors and motors, commercial air conditioners, industrial robots and supply chain services. of course, most of the revenue still comes from the sales of home appliances in the smart home business.