Midea Group Co., Ltd (00300.HK) was listed today, opening at HKD 59.2, compared to the IPO price of HKD 54.8, an increase of 8%. The highest/lowest prices were HKD 60/58 respectively, and the closing price for the day was HKD 59.1, a 7.8% increase from the IPO price. The total trading volume for the day was 65.1139 million shares, involving a total investment of HKD 3.843 billion. Excluding transaction fees, with 100 shares per lot, a profit of HKD 430 was made on the account.
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