Midea boosts European footprint in its globalization drive
The home appliance maker has acquired German brand Teka, whose products are used in half of all Spanish households Key Takeaways: Midea has completed its acquisition of Teka, adding a…
BRIEF: Midea buys back 550 million yuan of A-shares in April
Home appliance manufacturer Midea Group Co. Ltd. (0300.HK, 000333.SZ) said on Tuesday that it spent around 554 million yuan ($76 million) to repurchase 7.74 million of its Shenzhen-listed A-shares in…
CATL to recharge its offshore output with new shares
The world’s leading maker of electric car batteries has filed for a secondary listing in Hong Kong, aiming to boost its production capacity outside China Key Takeaways: The company said…
BRIEF: Midea stock rises in Hong Kong trading debut
Shares of home appliance maker Midea Group Co. Ltd. (0300.HK; 000333.SZ) rose in their Hong Kong trading debut on Tuesday, complementing the company’s existing listing in Shenzhen. The stock opened…
BRIEF: Midea launches IPO that could become Hong Kong’s biggest this year
Home appliance maker Midea Group Co. Ltd. (0300.HK; 000333.SZ) launched its Hong Kong IPO on Monday, a deal that could become the city’s largest this year. The company set a…
Midea aims to score Hong Kong IPO to boost global profile
The leading Chinese maker of home appliances has been expanding overseas and actively promoting its brand Key Takeaways: The Midea Group failed in its first Hong Kong IPO attempt last…
Forget air conditioners. Midea wants investors to see robotics in its name
The home appliance giant is planning a Hong Kong IPO, reportedly for its robotics business that it hopes will become a major new growth driver Key Takeaways: Midea is planning…
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