The company said it expects to price shares on Sept 13 and list on Sept 17. Bloomberg News previously reported that Midea was set to start taking orders this week.
Midea Group started taking investor orders for its share sale in Hong Kong, which could be worth as much as US$3.5 billion ($4.57 billion) and be the city’s biggest listing in more than three years.
The Foshan-based appliance maker is offering 492.1 million shares at HK$52 to HK$54.80 ($8.71 to $9.18) apiece, according to its listing document dated Monday. At the low end of the marketed price range, that represents a 25% discount to the company’s Shenzhen-traded shares on Friday.
