---
title: "Midea Group Raises HK$17.2 Billion via Dual Tranche Zero Coupon Convertible Bonds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286257867.md"
description: "Midea Group has raised HK$17.2 billion through the issuance of two tranches of zero coupon convertible bonds, maturing in 2027 and 2033. The bonds, totaling HK$8.624 billion each, will support international expansion and enhance offshore liquidity. The company is also completing regulatory procedures in China for the offerings. Analysts rate Midea Group's stock as a Buy, with a target price of HK$100.90. Midea Group is a leading Chinese home appliance manufacturer with a significant international presence."
datetime: "2026-05-13T11:44:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286257867.md)
  - [en](https://longbridge.com/en/news/286257867.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286257867.md)
---

# Midea Group Raises HK$17.2 Billion via Dual Tranche Zero Coupon Convertible Bonds

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Midea Group Co. Ltd. Class H ( (HK:0300) ) has shared an announcement.

Midea Group has completed the issuance of two tranches of zero coupon guaranteed convertible bonds, one due 2027 and one due 2033, each with an aggregate principal amount of HK$8.624 billion, under its general mandate. The bonds have been issued through Midea Investment Development Company Limited, with an application submitted for their listing on the Vienna MTF operated by the Vienna Stock Exchange.

After deducting commissions and expenses, the offerings generated net proceeds of about HK$17.174 billion, which the company plans to allocate mainly to international expansion and enhancing offshore liquidity, with the remainder for general corporate purposes. The company will also complete required regulatory procedures in China, including CSRC filings for the offerings and a post‑issuance filing with the NDRC for the 2033 bonds, underscoring its adherence to cross‑border issuance rules and its strategy to reinforce its global capital structure.

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 leading Chinese home appliance and consumer electronics manufacturer with a growing international footprint. Through its offshore financing arm Midea Investment Development Company Limited, the group taps global capital markets to support overseas expansion and strengthen its liquidity position in key international markets.

**Average Trading Volume:** 4,337,061

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$689.1B

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