Midea Group shares set to rise 8% in Hong Kong listing debut

Shares of Chinese home appliance maker Midea Group 000333 are set to rise 8% in the company's Hong Kong trading debut on Tuesday after raising nearly $4 billion in its listing.

Midea, also listed in Shenzhen, priced its shares at HK$54.80 each in its listing, which is the largest in the city in four years.