Home appliance giant Midea Group debuts on Hong Kong market

HONG KONG, Sept. 17 (Xinhua) -- Chinese home appliance giant Midea Group went public on the Hong Kong stock market on Tuesday.

Shares of the group opened higher on its first trading day in Hong Kong and closed up 7.8 percent.

According to the prospectus, Midea Group's offering price was between 52 HK dollars (about 6.67 U.S. dollars) and 54.8 HK dollars (about 7.03 U.S. dollars) per share, with 565,955,30