
Shares in Chinese electronic appliance maker Midea surged more than nine percent on its Hong Kong debut Tuesday, having raised around US$4 billion in the city's biggest initial public offering for more than three years.
The firm spiked at HK$60.00 in early exchanges, up 9.5 percent from its HK$54.80 list price, which was at the top of the range indicated in its prospectus.