$60 Billion China Appliance Giant Midea Group Plans Hong Kong IPO on 17th September 2024 to Raise $3.5 Billion to $4 Billion with Price Range from HKD 52 to HKD 54.8, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle

2025 Summits in Hong Kong & Singapore
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.

---

$60 Billion China Appliance Giant Midea Group Plans Hong Kong IPO on 17th September 2024 to Raise $3.5 Billion to $4 Billion with Price Range from HKD 52 to HKD 54.8, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981

13th September 2024 | Hong Kong

China appliance giant Midea Group ($60 billion market value) is planning for a Hong Kong IPO on 17th September 2024 to raise $3.5 billion to $4 billion with price range from HKD 52 to HKD 54.80.  In 2024 July, Midea Group completed registration with China securities regulator for a Hong Kong IPO (Initial Public Offering), and has 12 months timeline to IPO in Hong Kong.  Midea Group had filed a 2nd application in 2024 May, after the 1st filing in 2023 October.  In 2024 May, the China Securities Regulatory Commission (CSRC) sent an enquiry of impact of Midea Group share price on Shenzhen Stock Exchange after the China appliance giant Midea Group  filed for a Hong Kong IPO (Initial Public Offering) in a 2nd application (early May 2024).  Midea Group was founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.  Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.  He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.  In 2023 November, He Xiangjian son (He Jianfeng) is buying one of China’s top sofa & chair maker Jason Furniture for $1.4 billion.  He Jianfeng will be doing the acquisition via his investment firm Infore Group.  He Xiangjian is also a Board Director at Midea Group. 

“ $64 Billion China Appliance Giant Midea Group Plans Hong Kong IPO on 17th September 2024 to Raise $3.5 Billion to $4 Billion with Price Range from HKD 52 to HKD 54.8, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981 “

- Article continues below -

Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle

Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)

The 2025 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here

The 2025 Family Office Summit
10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here

2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

$64 Billion China Appliance Giant Midea Group Plans Hong Kong IPO in September 2024 to Raise at Least $3 Billion, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981

6th September 2024 – China appliance giant Midea Group ($64 billion market capitalization) is planning for a Hong Kong IPO in September 2024 to raise at least $3 billion.  In 2024 July, Midea Group completed registration with China securities regulator for a Hong Kong IPO (Initial Public Offering), and has 12 months timeline to IPO in Hong Kong.  Midea Group had filed a 2nd application in 2024 May, after the 1st filing in 2023 October.  In 2024 May, the China Securities Regulatory Commission (CSRC) sent an enquiry of impact of Midea Group share price on Shenzhen Stock Exchange after the China appliance giant Midea Group  filed for a Hong Kong IPO (Initial Public Offering) in a 2nd application (early May 2024).  Midea Group was founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.  Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.  He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.  In 2023 November, He Xiangjian son (He Jianfeng) is buying one of China’s top sofa & chair maker Jason Furniture for $1.4 billion.  He Jianfeng will be doing the acquisition via his investment firm Infore Group.  He Xiangjian is also a Board Director at Midea Group. 

$60 Billion China Appliance Giant Midea Group Completes Registration with China Regulator for Hong Kong IPO & Has 12 Months Timeline to IPO in Hong Kong, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981

28th July 2024 – China appliance giant Midea Group ($60 billion market capitalization) has completed registration with China securities regulator for a Hong Kong IPO (Initial Public Offering), and has 12 months timeline to IPO in Hong Kong.  Midea Group had filed a 2nd application in 2024 May, after the 1st filing in 2023 October.  In 2024 May, the China Securities Regulatory Commission (CSRC) sent an enquiry of impact of Midea Group share price on Shenzhen Stock Exchange after the China appliance giant Midea Group  filed for a Hong Kong IPO (Initial Public Offering) in a 2nd application (early May 2024).  Midea Group is founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.  Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.  He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.  In 2023 November, He Xiangjian son (He Jianfeng) is buying one of China’s top sofa & chair maker Jason Furniture for $1.4 billion.  He Jianfeng will be doing the acquisition via his investment firm Infore Group.  He Xiangjian is also a Board Director at Midea Group. 

China $1.2 Billion Property Developer Midea Real Estate Plans to Spinoff Property Development & Sales Business in Private Sale to Midea Majority Shareholders, Existing Shareholders Can Receive in Shares or Cash at HKD 5.90 Per Share Representing 57.33% Premium Over Last Closing Price (21/6/24), Midea Real Estate Key Shareholder is $61 Billion China Appliance Giant Midea Group

27th June 2024 – China property developer Midea Real Estate (27/6/24: $1.2 billion market value) is planning to spinoff the Property Development & Sales business in a private sale to Midea majority shareholders, with existing shareholders to choose to receive in shares or cash at HKD 5.90 (Per share) representing 57.33% premium over the last closing price (21/6/24).  Midea Real Estate key shareholder is $61 billion China appliance giant Midea Group.  Earlier in 2024 June, China appliance giant Midea Group ($61 billion market capitalization) founder He Xiangjian son He Jiangfeng was not appointed to the Midea board as Director (14/6/24) after serving 12 years as Midea Group Director.  Midea board is now Chaired by Fang Hong Bo.  Midea Group founder He Xiangjian (Age 82) had retired in 2012, and is Midea largest shareholder with 31% shareholding.  In 2024 May, the China Securities Regulatory Commission (CSRC) sent an enquiry of impact of Midea Group share price on Shenzhen Stock Exchange after the China appliance giant Midea Group (4/5/24: $67 billion market capitalization) filed for a Hong Kong IPO (Initial Public Offering) in a 2nd application (early May 2024), after 1st filing in 2023 October.   Midea Group is founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.  Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.  He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.  In 2023 November, He Xiangjian son (He Jianfeng) is buying one of China’s top sofa & chair maker Jason Furniture for $1.4 billion.  He Jianfeng will be doing the acquisition via his investment firm Infore Group.  He Xiangjian is also a Board Director at Midea Group.

$61 Billion China Appliance Giant Midea Group Founder He Xiangjian Son He Jianfeng Not Appointed to Midea Board as Director after Serving 12 Years as Director, Midea Board Chaired by Fang Hong Bo, Founder He Xiangjian Age 82 Retired in 2012 & Remains Largest Shareholder with 31% Shareholding

20th June 2024 – China appliance giant Midea Group ($61 billion market capitalization) founder He Xiangjian son He Jiangfeng was not appointed to the Midea board as Director (14/6/24) after serving 12 years as Midea Group Director.  Midea board is now Chaired by Fang Hong Bo.  Midea Group founder He Xiangjian (Age 82) had retired in 2012, and is Midea largest shareholder with 31% shareholding.  In 2024 May, the China Securities Regulatory Commission (CSRC) sent an enquiry of impact of Midea Group share price on Shenzhen Stock Exchange after the China appliance giant Midea Group (4/5/24: $67 billion market capitalization) filed for a Hong Kong IPO (Initial Public Offering) in a 2nd application (early May 2024), after 1st filing in 2023 October.   Midea Group is founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.  Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.  He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.  In 2023 November, He Xiangjian son (He Jianfeng) is buying one of China’s top sofa & chair maker Jason Furniture for $1.4 billion.  He Jianfeng will be doing the acquisition via his investment firm Infore Group.  He Xiangjian is also a Board Director at Midea Group.

China Securities Regulatory Commission Sent Enquiry of Impact of Midea Group Share Price on Shenzhen Stock Exchange after $67 Billion China Appliance Giant Midea Group Filed for Hong Kong IPO in 2nd Application after 1st Filing in 2023 October, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981

30th May 2024 – The China Securities Regulatory Commission (CSRC) has sent an enquiry of impact of Midea Group share price on Shenzhen Stock Exchange after the China appliance giant Midea Group (4/5/24: $67 billion market capitalization) filed for a Hong Kong IPO (Initial Public Offering) in a 2nd application (early May 2024), after 1st filing in 2023 October.   Midea Group is founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.  Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.  He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.  In 2023 November, He Xiangjian son (He Jianfeng) is buying one of China’s top sofa & chair maker Jason Furniture for $1.4 billion.  He Jianfeng will be doing the acquisition via his investment firm Infore Group.  He Xiangjian is also a Board Director at Midea Group.

$67 Billion China Appliance Giant Midea Group Files for Hong Kong IPO in 2nd Application after 1st Filing in 2023 October, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981

4th May 2024 – China appliance giant Midea Group ($67 billion market capitalization) has filed for a Hong Kong IPO (Initial Public Offering) in a 2nd application, after 1st filing in 2023 October.  Midea Group is founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.  Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.  He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.  In 2023 November, He Xiangjian son (He Jianfeng) is buying one of China’s top sofa & chair maker Jason Furniture for $1.4 billion.  He Jianfeng will be doing the acquisition via his investment firm Infore Group.  He Xiangjian is also a Board Director at Midea Group.

$54 Billion China Appliance Giant Midea Group Founder He Xiangjian Son He Jianfeng to Buy Jason Furniture for $1.4 Billion, He Jianfeng to Buy via Investment Firm Infore Group

11th November 2023 – China appliance giant Midea Group ($54 billion market capitalization) founder He Xiangjian son (He Jianfeng) is buying one of China’s top sofa & chair maker Jason Furniture for $1.4 billion.  He Jianfeng will be doing the acquisition via his investment firm Infore Group.  He Xiangjian is also a Board Director at Midea Group.  In late September 2023, Midea Group filed for a Hong Kong IPO (Initial Public Offering).  Midea Group is founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.  Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.  He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.

$54 Billion China Appliance Giant Midea Group Files for Hong Kong IPO, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981

23rd September 2023 – China appliance giant Midea Group ($54 billion market capitalization) has filed for a Hong Kong IPO (Initial Public Offering).  Midea Group is founded by He Xiangjian with 23 Beijiao residents in 1968 with CNY 5,000, registering the Midea Trademark in 1981.  Midea specializes in air treatment, refrigeration, laundry, large cooking appliances, large and small kitchen appliances, water appliances, floor care and lighting.  He Xiangjian is one of China’s richest man with more than $23 billion personal fortune.

$54 Billion China Appliance Giant Midea Group Files for Hong Kong IPO, Founded by He Xiangjian with 23 Beijiao Residents in 1968 with CNY 5,000, Registered Midea Trademark in 1981

Midea Group

Midea Group is a Fortune 500 company, with robust business growth across multiple sectors.  We believe in humanizing-technology, which means we provide customized solutions based on our deep understanding of human nature, enabled by the joint forces of 52 years manufacturing excellence and global leading robotic and automation technology. We go above and beyond to embrace the future, constantly exploring and inventing to meet the ever-changing demand of our customers and consumers.

Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at angel@caproasia.com or mail@caproasia.com

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

Quick Links

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2025 Investment Day | 2025 Family Office Summits | Family Office Circle

2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register

What is most important for you?
Manage investmentsManage assetsManage risksFind informationFind servicesFind advisors / expertsFind clientsGrow AUMNetworkingOthers

You manage / invest
$3 m to $20 m$20 m to $300 m$300 m to $1 b$1 b to $10 bMore than $10 bNo AUM. I advise institutions / CEOs / Entrepreneurs / billionaires / UHNWs & HNWsOthers

You are:
Investment ProfessionalAdvisorProfessional InvestorFinancial ProfessionalManagementCEO & EntrepreneurOthers

Select:
Mailing List / Free TrialSubscription ($70 monthly / $180 yearly)Subscription June Promo ($20 monthly / $180 yearly)Membership ($60 / $680 / $2,000)

Upcoming Events:
2025 Investment Day Hong Kong2025 Investment Day Singapore2025 Investment Summit Hong Kong2025 Investment Summit Singapore2025 Family Office Summit Hong Kong2025 Family Office Summit Singapore

Your Name*

Company*

Job Title*

Email 1 (Work / Personal)*

Email 2 (Work / Personal)

Country

46878

Web links may be disabled on mobile for security.
Please click on desktop.

---

New to Caproasia
Learn More | Sign Up | Subscribe | Register Events

Caproasia Users

• Manage $20 million to $3 billion of assets
• Invest $3 million to $300 million
• Advise institutions, billionaires, UHNWs & HNWs

Caproasia Platforms | 11,000 Investors & Advisors

• Caproasia.com
• Caproasia Access
• Caproasia Events
• The Financial Centre | Find Services
• Membership
• Family Office Circle
• Professional Investor Circle
• Investor Relations Network

Monthly Roundtable & Networking

• Professional Investor
• Family Office
• HNW Partnership

Family Office Programs

• Family Office Circle
• Family Office Networking
• Family Office Roundtable
• The Family Office Summit

The 2025 Investment Day

• March - Hong Kong
• March - Singapore
• July - Hong Kong
• July - Singapore
• Sept- Hong Kong
• Sept - Singapore
• Oct- Hong Kong
• Nov - Singapore
• Visit: The Investment Day | Register: Click here

Caproasia Summits

• The Institutional Investor Summit
• The Investment / Alternatives Summit
• The Private Wealth Summit
• The Family Office Summit
• The CEO & Entrepreneur Summit
• The Capital Markets Summit
• The ESG / Sustainable Investment Summit

Contact Us

For Enquiries, Membership
mail@caproasia.com, angel@caproasia.com

For Listing, Subscription
mail@caproasia.com, claire@caproasia.com

For Press Release, send to:
press@caproasia.com

For Events & Webinars
events@caproasia.com

For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com

For Research, Data, Surveys, Reports
research@caproasia.com

For General Enquiries
mail@caproasia.com

---

Caproasia | Driving the future of Asia
a financial information technology co.
since 2014

---