Hi, it’s Will Davies in Hong Kong, where our reporters have been tracking what is set to be the biggest listing by a Chinese company in two years—providing a nice boost to the city’s IPO market. Also today, private equity’s favorite borrowing tool sparks fresh scrutiny.
Today’s top stories
Home appliance maker Midea Group is gearing up for a listing this month in Hong Kong that could raise about $4 billion, making it the biggest by a Chinese company since April 2022.
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