Chinese home appliance giant Midea Group Co has selected Bank of America Corp (BofA) and China International Capital Corp (CICC) to arrange its planned Hong Kong listing, according to people familiar with the matter. The Shenzhen-traded company is aiming for a listing in the city as soon as next year, said the people, who asked not to be identified as the information is private. Midea hasn't made a final decision on the fundraising size, the people said. Midea is China's largest home appliance maker with a market value of about US$55 billion .

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