From Google: 2024-09-16 23:15:00

Shares of Midea Group rose 8% in Hong Kong following a $4 billion share sale. The Chinese appliances giant priced the offering at HK$61.80 per share, a 6.5% discount to its last closing price. The funds raised will be used for research and development, capital expenditure, and potential acquisitions.



Read more at Google: Midea shares rise 8% in Hong Kong after $4bn offering – Nikkei Asia