Bullet points of The Billionaire Firms to Watch After Midea’s Hong Kong Debut
- Midea Group Co. listed in Hong Kong with a $4 billion offering, the largest in the city since early 2021.
- The company's founder and largest shareholder, He Xiangjian, is China's sixth-richest person, with a fortune estimated at $30.5 billion.
- Several other companies, including SF Holding, Mixue, Sichuan Biokin Pharmaceutical, FWDFWD Group Holdings Ltd., and Alibaba's Unit Cainiao, are considering listings in Hong Kong.