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midea group is listed in hong kong, accelerating its globalization layout

2024-09-18

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on september 17, midea group co., ltd. (stock code: 00300) was listed on the main board of the hong kong stock exchange, becoming another "a+h" listed company.

founded in 1968, midea group is a leading global technology group covering smart home, new energy and industrial technology, smart building technology, robotics and automation and other innovative businesses. it has established a business matrix that focuses on both toc and tob development, and can provide consumers with various smart home products and services, as well as provide corporate customers with diversified commercial and industrial solutions.

report i investment community-tiantian ipo

according to the investment community - tiantian ipo, on september 17, midea group was officially listed on the hong kong stock exchange.in this ipo, midea group's issue price was hk$54.80 per share, raising over hk$30 billion.this time, midea group successfully attracted 18 cornerstone investors including sequoia china and sequoia china public market investment fund, national development fund ii, byd, boyu capital, cpe yuanfeng, dajia life insurance, tcl industrial, and idg capital.

on the 17th, midea's hong kong stocks opened 8% higher, with a total market value of over hk$440 billion. fang hongbo led the team to ring the bell. so far, midea group has created the largest ipo of a chinese company this year.