【IPO Tracking】The largest IPO of the year is here! Midea Group is now accepting subscriptions, and will be listed on September 17th!
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Midea Group launched its IPO on September 9, 2024, planning to globally issue 492,135,100 H shares at a price range of HKD 52.00 to 54.80, with an expected net income of approximately HKD 25.972 billion. The public offering in Hong Kong will take place from September 9 to 12, with the final results expected to be announced on September 16 and officially listed on September 17. In terms of cornerstone investors, Midea Group has already signed agreements to receive around USD 1.256 billion in investments, with cornerstone investors including COSCO Shipping, UBS Asset Management, and others
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