Reported about 3 hours ago
Zijin Gold International Co. plans to raise HK$25 billion ($3.2 billion) through an initial public offering in Hong Kong, marking the largest IPO globally since May. The gold producer, a subsidiary of Zijin Mining Group, will offer approximately 349 million shares at HK$71.59 each, with trading set to start on September 29. This move comes as gold prices soar, presenting a favorable environment for mining companies to attract investor interest and fund expansion projects.
Source: YAHOO