52 Week Range
As of on the Shenzhen Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Kuka Expects Overall EBIT For FY 2020 To Be Negative
Midea Group's Controlling Shareholder And Party Acting In Concert Cut A Combined 1.0% Stake
Shenzhen Exchange Filing Shows Block Trade Of Midea Group's Shares Involving 3.8 Bln Yuan
Midea Group Co., Ltd. is a China-based company principally engaged in the manufacture and distribution of household electronics. The Company's products are categorized into three types, including consumer appliances, heating ventilating and air conditioning (HAVC) and robot and automation systems. The Company’s products mainly consist of central air conditioning systems, heating and ventilation systems, kitchen appliances, refrigerators, washing machines and other small home appliances, such as water dispensers, water purifying devices, air purifiers, electric kettles, dust collectors and humidifiers. The Company is also involved in the production of motors, as well as logistics business. The Company distributes its products within domestic market and to overseas markets.
Misc. Capital Goods
Midea New Headquarter Building
No. 6 Midea Avenue
Beijiao Town, Shunde District
Chairman of the Board, President
Chief Financial Officer
Chief Financial Officer
Vice President, Director
Vice President, Director
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
China stocks ended lower on Tuesday, as investors locked in profit following a recent rally, while the market showed scant reaction to news that U.S. President-elect Joe Biden was given the go-ahead to begin his White House transition.
* HK->Shanghai Connect daily quota used 1%, Shanghai->HK daily quota used 4.7%
Chinese firms Joyoung and Gree Electric are among those eyeing the domestic appliances business of Dutch conglomerate Philips' in a deal worth up to 3 billion euros ($3.6 billion), people with knowledge of the matter said.
Chinese police said on Monday that the billionaire founder of house appliance manufacturing giant Midea Group, He Xiangjian, had been rescued safely after his house was broken into the night before.
* FY EBIT INCREASES BY 39.4% OVER 2018 TO €47.8 MILLION, EBIT MARGIN RISES TO 1.5% (2018: 1.1%)
As many parts of China ease coronavirus travel curbs, main manufacturing hubs in the east and south are seeing hundreds of thousands of migrant workers returning to work and more traffic on the roads during rush hours.
Shanghai stocks snapped a five-session rally to end lower on Thursday, as investors remained wary ahead of Washington's decision to proceed with new tariffs on Chinese goods this weekend.
Foreign holdings of China's largest listed home appliances maker Midea Group Co is nearing an offshore ownership cap, as international investors increase exposure to the country's consumer sector which accounts for more than half of its economy.
Germany set out plans on Friday to create a government committee to step in quickly to protect companies against foreign takeovers, a sign of concern about China and others acquiring its technology.
German Economy Minister Peter Altmaier wants to set up a new government body with powers to decide quickly whether to take stakes in key domestic companies to prevent foreign takeovers.
Germany plans to screen non-European investors that want to buy into firms in high-tech sectors such as robotics and artificial intelligence in a move widely seen as targeting Chinese state-backed investors.
Foreign holdings of Chinese stocks rose to a record high by the end of the third quarter, despite the ups and downs in a protracted trade dispute with the United States, as Beijing further opens its financial markets to help fund businesses.
China's private companies have long enjoyed an edge over their state-owned peers, using "unscrupulous" tactics such as bribery, a prominent businesswoman said, at a time when Beijing is seeking to shore up the private sector in a slowing economy.
Heartened by signs of an end to a long-running trade war with the United States and monetary easing at home, China's stock indices have vaulted by a fifth since the beginning of this year and recovered a big chunk of 2018's losses.
Chinese financial xenophobia has thrown a wrench in MSCI's plans to offer up smaller local companies. Days after expanding the weight of mainland shares in its benchmarks, the index provider had to drop a popular tech stock thanks to policies capping foreign shareholdings...
Global index provider MSCI said it would remove Han's Laser Technology from its China indexes and slash the weighting of Midea Group Co, citing issues triggered by foreign ownership ceilings.
Global index provider MSCI said it would remove Han's Laser Technology from its China indexes and slash the weighting of Midea Group Co , citing investability issues triggered by foreign ownership ceilings.
China's CDH Investments is aiming to raise nearly $1 billion in dollar and yuan funds through its venture and growth capital arm to invest in sectors including healthcare and logistics, said people with direct knowledge of the matter.
Chinese conglomerate Fosun International announced a takeover bid for troubled German clothing retailer Tom Tailor on Tuesday, further expanding its reach into Europe's fashion sector.
Sales by China's retail businesses during the Lunar New Year holiday rose 8.5 percent from a year earlier, pushing up consumer stocks on Monday, but a cooler pace of growth added to evidence the economy is slowing.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.