Zijin Gold Plans to Secure $3.2 Billion Through Hong Kong IPO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 19 2025
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Source: Yahoo Finance
Zijin Gold IPO Details: Zijin Gold International, a subsidiary of Zijin Mining, is raising HK$24.98bn through an IPO in Hong Kong, offering 349 million shares at HK$71.59 each, with trading starting on 29 September.
Market Context and Use of Proceeds: The IPO, valued at $24.1bn, comes amid rising gold prices and aims to fund mine upgrades and construction over the next five years, with significant commitments from cornerstone investors including GIC and Hillhouse.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
