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Zijin Mining Group Co ( (HK:2899) ) has shared an announcement.
Zijin Mining Group Co., Ltd. announced the successful listing of its subsidiary, Zijin Gold International Company Limited, on the Main Board of the Hong Kong Stock Exchange. The shares of Zijin Gold International will commence trading on September 30, 2025, under the stock code 2259, with Zijin Mining retaining approximately 86.70% ownership. This strategic move is expected to enhance Zijin Mining’s market positioning and provide additional capital for future growth, benefiting stakeholders by potentially increasing the company’s operational scale and market reach.
The most recent analyst rating on (HK:2899) stock is a Buy with a HK$37.00 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, primarily engaged in the mining industry. The company focuses on the exploration and development of gold and other mineral resources.
YTD Price Performance: 120.50%
Average Trading Volume: 60,089,507
Technical Sentiment Signal: Buy
Current Market Cap: HK$794.3B
For detailed information about 2899 stock, go to TipRanks’ Stock Analysis page.