China regulator quizzes Midea on impact of planned HK listing on Shenzhen shares: report

China regulator quizzes Midea on impact of planned HK listing on Shenzhen shares: report

FILE PHOTO: A Midea company sign is seen at the Appliance and Electronics World Expo in Shanghai, China, March 23, 2021. REUTERS/Aly Song/File Photo

Home appliance maker Midea Group has been questioned by China’s securities regulator on how a planned $2 billion-plus Hong Kong listing could impact the value of its Shenzhen-listed shares, said three people with direct knowledge of the matter.