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The latest announcement is out from Zijin Mining Group Co ( (HK:2899) ).
Zijin Mining Group Co., Ltd. announced an adjustment to the conversion price of its US$2 billion 1.0% guaranteed convertible bonds due in 2029. The conversion price will be adjusted from HK$19.38 to HK$19.17 per H Share, effective from September 13, 2025, following the approval of a cash dividend distribution plan. This adjustment reflects the company’s commitment to shareholder returns and may impact the number of convertible H Shares, potentially affecting the company’s capital structure and market positioning.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page.
More about Zijin Mining Group Co
Zijin Mining Group Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the mining industry, focusing on the extraction and production of minerals, with a particular emphasis on gold and other precious metals.
Average Trading Volume: 53,416,197
Technical Sentiment Signal: Buy
Current Market Cap: HK$717.8B
See more data about 2899 stock on TipRanks’ Stock Analysis page.