Previous close | 70.00 |
Open | 64.99 |
Bid | 69.98 x N/A |
Ask | 70.00 x N/A |
Day's range | 69.43 - 70.58 |
52-week range | 48.53 - 71.33 |
Volume | |
Avg. volume | 31,617,158 |
Market cap | 487.826B |
Beta (5Y monthly) | 0.87 |
PE ratio (TTM) | 14.23 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.50 (3.57%) |
Ex-dividend date | 01 Jun 2023 |
1y target est | N/A |
The Midea Group, a prominent home appliance manufacturer, is planning a potential initial public offering (IPO) in Hong Kong, according to information released on Thursday. The firm, established by billionaire He Xiangjian in Guangdong province in 1968, has engaged China International Capital Corp (CICC) and Bank of America to assist with the A1 form submission, a key step in the IPO process.
Chinese home appliance maker Midea Group said on Wednesday it is studying a potential listing in Hong Kong as part of its global strategy. The new shares to be issued would account for no more than 10% of enlarged capital, Midea, already listed in the Shenzhen stock exchange, said in a filing. Bank of America and China International Capital Corp (CICC) are working on the deal, according to three sources with direct knowledge of the matter.