Zijin Gold International targets HK$25 bn in Hong Kong IPO

Zijin Gold International Limited, a subsidiary of Zijin Mining Group Company, is scheduled to officially list and commence trading its shares on the Main Board of the Hong Kong Stock Exchange on September 30, 2025. The company's stock will trade under the English name "Zijin Gold Intl," with stock code "2259."

The initial public offering (IPO) comprises 348,990,700 shares (before exercise of over-allotment option), representing approximately 13.3% of the total shares post-issuance. The offering price is HK$71.59 per share, aiming to raise approximately HK$25 billion. The total market capitalization of Zijin Gold International at listing is estimated to be around HK$187.9 billion. If the over-allotment option is fully exercised, an additional 52,348,600 shares will be offered, increasing the total to 401,339,300 shares and raising approximately HK$28.7 billion. Zijin Mining will maintain an 85% equity stake in Zijin Gold International, ensuring continued control and financial consolidation.