China Home Appliance Giant Midea (Midea) will complete its listing plan in Hong Kong in September, raising up to $ 3 billion (S $ 3.9 billion).
According to the Hong Kong Sing Tao Daily, the official website of the Hong Kong Stock Exchange shows that Midea Group has successfully broke through the barrier on Friday (August 30), and China Gold Group and Bank of America are sponsor.
According to Reuters, Midea Group plans to start the pre -performance before the listing of Hong Kong as soon as next week, raising up to $ 3 billion, and the goal is to be listed in Hong Kong in September.
The China Securities Regulatory Commission has previously released the US Group's overseas listing filing book, showing that the group intends to issue ordinary shares of no more than 650 million overseas listing.The company's fund -raising income will be used for global science and technology research and development, the construction of intelligent manufacturing systems and the upgrading of supply chain management.
Midea Group was established in 1968 and is headquartered in Beiyi Town, Foshan, Guangdong.Midea Group builds production bases in Vietnam, White Ross, Egypt, Brazil, Argentina, India, and has the most complete small home appliances group and kitchen appliance group in China.
The China Securities Regulatory Commission released five capital market cooperation measures to Hong Kong in April and support the leading companies in the mainland industry to go public in Hong Kong. Many giant companies in mainland China have flooded to Hong Kong.
Alibaba's announcement of listing in Hong Kong on Wednesday (August 28) has turned to the main listing; Fengchao Holdings, which provides smart express services, is also ready to be listed in Hong Kong. Huatai International is a sponsor.
