Midea Group’s headquarters in Foshan, in China’s southern Guangdong province. Its shares have risen 11 per cent so far this year. Photo: HandoutMidea Group’s headquarters in Foshan, in China’s southern Guangdong province. Its shares have risen 11 per cent so far this year. Photo: Handout
Midea Group’s headquarters in Foshan, in China’s southern Guangdong province. Its shares have risen 11 per cent so far this year. Photo: Handout

Overseas investors snap up Chinese shares so fast, they are hitting foreign ownership caps on stocks such as home appliances maker Midea

  • Midea, China’s biggest household appliances maker, became off limits after combined foreign holding hit 28 per cent of its outstanding shares
  • Global traders have spent a combined US$156.6 billion on Chinese stocks in the first half, an increase of 12 per cent from the end of 2019

Topic |   Stocks
Midea Group’s headquarters in Foshan, in China’s southern Guangdong province. Its shares have risen 11 per cent so far this year. Photo: HandoutMidea Group’s headquarters in Foshan, in China’s southern Guangdong province. Its shares have risen 11 per cent so far this year. Photo: Handout
Midea Group’s headquarters in Foshan, in China’s southern Guangdong province. Its shares have risen 11 per cent so far this year. Photo: Handout
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