On September 17, 2024, Midea Group (0300.HK) issued H shares and was successfully listed on the main board of the Hong Kong Stock Exchange, becoming the second enterprise in China's white goods industry to achieve "A+H" dual platform listing after Haier. The IPO of Midea Group is $3.98 billion, which is the second largest IPO in the world since 2024, the largest IPO in the Hong Kong market in the last three years, the largest IPO of Chinese enterprises in the global market in the last two years, and the largest H-share IPO of non-financial A-share listed companies so far.

 

Midea Group is a global technology group covering smart home, building technology, industrial technology, robotics and automation and innovative business. The company operates in more than 200 countries and regions, with 33 research and development centers and 43 major production bases around the world.

 

The intermediary team for this listing includes:

Skadden is the company's Hong Kong and United States legal counsel, and Jia Yuan Law Offices is the company's China legal counsel;

Freshfields is the underwriters' Hong Kong and US legal counsel, and KWM is the underwriters' China legal counsel;

Shihui Partners provides data compliance legal services.