Shandong Gold Subsidiary Resubmits H-Share Listing Application in Hong Kong

Shandong Gold Mining Co., Ltd. Class H ( (HK:1787) ) just unveiled an announcement.

Shandong Gold Mining announced that its controlled subsidiary, Shanjin International Gold, has resubmitted an application to issue and list H shares on the Main Board of the Hong Kong Stock Exchange, with draft application documents now available on the exchange’s website. The offering is aimed at qualifying overseas and eligible domestic investors, remains subject to multiple regulatory approvals in Mainland China and Hong Kong, and may not proceed, with the company emphasizing disclosure obligations and warning investors about associated risks.

Because the H-share issuance targets only specific overseas and qualified domestic investors, Shanjin International will not release application documents through mainland stock exchanges or domestic media, instead directing interested parties to the Hong Kong bourse’s links. The move underscores Shandong Gold’s continued push to tap international capital markets, but the outcome and timing of the listing remain uncertain given required filings, approvals, and authorisations from several regulators.

The most recent analyst rating on (HK:1787) stock is a Hold with a HK$41.00 price target. To see the full list of analyst forecasts on Shandong Gold Mining Co., Ltd. Class H stock, see the HK:1787 Stock Forecast page.

More about Shandong Gold Mining Co., Ltd. Class H

Shandong Gold Mining Co., Ltd. is a leading Chinese gold producer engaged in the exploration, mining, and processing of gold resources, with its shares listed in Hong Kong as H shares. Through its subsidiaries, the company targets both domestic and overseas capital markets to support expansion and strengthen its position in the global gold industry.

Average Trading Volume: 18,896,792

Technical Sentiment Signal: Buy

Current Market Cap: HK$185.9B

For detailed information about 1787 stock, go to TipRanks’ Stock Analysis page.