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Midea Group Co., Ltd. (00300.HK): issued 84.8932 million H shares due to the full exercise of the over-allotment option.
Gelonghui October 2nd News: Midea Group Co., Ltd. (00300.HK) announced that, according to the announcement dated September 25, 2024 by the company, it issued and distributed 84.8932 million H shares by exercising all additional rights issues on September 30, 2024.
Huaxi Securities: In August, the nationwide home appliance replacement program had a significant driving effect. It is expected that the year-on-year growth rate of domestic air conditioner sales will accelerate in the fourth quarter.
In August, the detailed rules for the old-for-new policy in various regions were implemented intensively, with a significant boost in driving effect.
Midea responds to air conditioner self-ignition: actively dealing with it
Sina Technology News, noon on September 27, recently a netizen posted on social media that their Midea air conditioner suddenly emitted smoke and caught fire, attracting attention. "Midea air conditioner, suddenly emitting smoke and catching fire, scary." According to the post published by the netizen, a white air conditioner outdoor unit leaning against the wall was burning, with significant damage to the air outlet of the air conditioner, and obvious smoke and fire marks on the ceiling and the lower wall. In response to this incident, relevant personnel of Midea Group stated that they are actively dealing with the situation.
Midea Group to Raise HK$4.61 Billion From Exercise of Over-Allotment Option
Market Chatter: Midea IPO Catapults Hong Kong to Fourth in Global IPO Race, Deloitte Says
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