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Zijin Mining Group Co ( (HK:2899) ) has shared an announcement.
Zijin Mining Group Co., Ltd. has announced the submission of a post-hearing information pack (PHIP) for the proposed spin-off and separate listing of its subsidiary, Zijin Gold International Company Limited, on the Main Board of the Hong Kong Stock Exchange. The PHIP, which contains business and financial information, is available on the stock exchange’s website. The listing is subject to approval from the Hong Kong Stock Exchange and market conditions, with no assurance of completion or timing. Shareholders and potential investors are advised to exercise caution.
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. The company operates in the mining industry, focusing primarily on the extraction and production of gold and other mineral resources. Zijin Mining is known for its significant presence in the global mining market.
YTD Price Performance: 116.14%
Average Trading Volume: 52,209,023
Technical Sentiment Signal: Buy
Current Market Cap: HK$752.7B
Learn more about 2899 stock on TipRanks’ Stock Analysis page.