CLN KraneShares Week in Review Asian equities were mostly higher this week as the US Fed cut interest rates by 0.50% and Hong Kong outperformed while Mainland China underperformed. Appliance giant Midea listed its shares publicly for the first time on the Hong Kong Stock Exchange on Tuesday, representing the first IPO of a Mainland-listed…
Welcome to Your Week in Asia. Sri Lanka holds its first presidential election since an economic crisis pounded the island nation two years ago, while India’s Kashmir region votes in its first local elections in a decade. Chinese appliance maker Midea Group is set to list its shares on Hong Kong’s stock exchange, Indonesia’s central…
SYDNEY, Australia — Chinese home appliance maker Midea Group will launch a share offering in Hong Kong to raise at least $3 billion as early as Monday, according to two sources with direct knowledge of the matter, in the city’s largest deal in more than a year. The sources could not be identified as they…