Midea Group Concludes Stabilization Period

Midea Group Co. Ltd. Class H (HK:0300) has released an update.

Midea Group Co., Ltd. has announced the end of the stabilization period following their Global Offering, which involved over-allocations and the full exercise of the Over-allotment Option by the International Underwriters. The 30-day period concluded without any market purchases or sales for price stabilization. The company’s public announcement comes as a standard regulatory compliance measure after the successful completion of their securities offering.

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