tiprankstipranks
Company Announcements

Midea Group Concludes Stabilization Period

Midea Group Concludes Stabilization Period

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

Discover the Best Stocks and Maximize Your Portfolio:

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.

For further insights into HK:0300 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1