---
title: "Midea Group to Raise HK$17.2 Billion via Dual Tranche Zero-Coupon Convertible Bonds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285461508.md"
description: "Midea Group plans to raise HK$17.248 billion through two tranches of zero-coupon convertible bonds due in 2027 and 2033, each worth HK$8.624 billion. The 2027 bonds are convertible at HK$96.82 per share, while the 2033 bonds at HK$115.76 per share, potentially increasing the H-share base by 13.7%. This move aims to support Midea's capital structure and growth, although it may lead to shareholder dilution. The stock currently has a Buy rating with a price target of HK$100.90."
datetime: "2026-05-07T00:39:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285461508.md)
  - [en](https://longbridge.com/en/news/285461508.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285461508.md)
---

# Midea Group to Raise HK$17.2 Billion via Dual Tranche Zero-Coupon Convertible Bonds

### Claim 55% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

An announcement from Midea Group Co. Ltd. Class H ( (HK:0300) ) is now available.

Midea Group plans to raise HK$17.248 billion through the issue of two tranches of zero-coupon guaranteed convertible bonds due 2027 and 2033, each with a principal amount of HK$8.624 billion and guaranteed by the company. The 2027 bonds are convertible into H shares at an initial price of HK$96.82 per share, reflecting a premium to the recent market price and potentially increasing the H-share base by about 13.7% upon full conversion.

The 2033 bonds will also be convertible into H shares at an initial price of HK$115.76 per share, further reinforcing Midea’s use of equity-linked financing to support its capital structure and growth plans. The deal, arranged with a syndicate of global coordinators and bookrunners, signals continued access to international capital markets and may lead to shareholder dilution if the bonds are fully converted, while providing the company with sizeable, low-cost funding.

The most recent analyst rating on (HK:0300) stock is a Buy with a HK$100.90 price target. To see the full list of analyst forecasts on Midea Group Co. Ltd. Class H stock, see the HK:0300 Stock Forecast page.

**More about Midea Group Co. Ltd. Class H**

Midea Group Co., Ltd. is a Chinese home appliance and consumer electronics manufacturer, active in the global market through its H-share listing in Hong Kong. The company focuses on household appliances and related technologies, positioning itself as a major player in the international consumer durables and smart home sectors.

**Average Trading Volume:** 3,716,633

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$694.1B

For an in-depth examination of 0300 stock, go to TipRanks’ Overview page.

### Related Stocks

- [00300.HK](https://longbridge.com/en/quote/00300.HK.md)
- [000333.CN](https://longbridge.com/en/quote/000333.CN.md)

## Related News & Research

- [Bank of China Keeps Their Buy Rating on Midea Group Co. Ltd. Class H (0300)](https://longbridge.com/en/news/284985454.md)
- [Electrolux plans 1,700 layoffs, plant closure in Italy, unions say](https://longbridge.com/en/news/285973100.md)
- [DR. PHONE FIX ANNOUNCES NON-BROKERED CONVERTIBLE DEBENTURE UNIT FINANCING](https://longbridge.com/en/news/286903691.md)
- [One of Wall Street's biggest stock bulls sees a 'meaningful correction' ahead if bond yields keep surging](https://longbridge.com/en/news/286806730.md)
- [GRAPHIC-Under pressure: Tracking the pain in G7 government debt](https://longbridge.com/en/news/286769701.md)