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The latest update is out from Jiangxi Copper Company ( (HK:0358) ).
Jiangxi Copper Company Limited has provided an update on its formal cash offer, made via wholly owned unit Jiangxi Copper (Hong Kong) Investment Company Limited, to acquire all remaining shares of SolGold plc at 28 pence per share. The scheme was approved at both the UK court meeting and SolGold’s general meeting held on 23 February 2026, and the offer is scheduled for a UK court hearing on 2 March 2026, with effectiveness expected on 4 March 2026, subject to approvals.
The company cautioned that the acquisition still faces several procedural and regulatory hurdles in the United Kingdom, mainland China, Hong Kong and other jurisdictions, and pledged to update the market in line with disclosure rules. Investors are urged to be mindful of the associated transaction and regulatory risks, underscoring that the deal, if completed, would further expand Jiangxi Copper’s overseas resource base but remains contingent on these outstanding approvals.
The most recent analyst rating on (HK:0358) stock is a Hold with a HK$47.00 price target. To see the full list of analyst forecasts on Jiangxi Copper Company stock, see the HK:0358 Stock Forecast page.
More about Jiangxi Copper Company
Jiangxi Copper Company Limited is a major Chinese non-ferrous metals producer, primarily engaged in the mining, smelting and processing of copper and related products. The group operates both domestically and internationally, using overseas acquisitions and investments to secure copper resources and strengthen its position in the global copper supply chain.
Average Trading Volume: 24,028,832
Technical Sentiment Signal: Buy
Current Market Cap: HK$190B
For a thorough assessment of 0358 stock, go to TipRanks’ Stock Analysis page.