To the largest global subscription since May .. his Gold's shares jumped in the first trading
The shares of “Zijin Gold International” jumped in its first trading on the Hong Kong Stock Exchange, after the international unit of the largest China mining company has raised $ 3.2 billion since last May in the largest initial public offering in the world. The company’s shares rose by about 66% to $ 119 today, Hong Kong Dollars today. By 10am, it was 60%to reach the company’s market value to $ 300 billion, Hong Kong ($ 38.6 billion), by exceeding large companies such as “Antofagasta”, one of the largest copper companies in the world. The height of gold reinforces “his gold”. It is also a win for the Hong Kong Stock Exchange, which now offers the two biggest proposals this year, as the outcome of the initial subscriptions in the city approaches from the highest level in four years. “His Gold) has certainly chosen the best time for public offering,” says Michel Lyong, an analyst at Bloomberg Intelligence, noting that the ongoing rise in gold prices has increased the judgments of global mining companies. She added that evaluating the general offer of the business at 26% deduction was compared to its peers until September 28. Fidelity International, and “Millennium Management”. These investors, who get quotas in the offer in exchange for keeping them for at least six months, agreed to buy about half of the offered shares. Other beneficiaries of the rise of gold were not ‘his gold’ and its mother’s business ‘his maining group’ alone, which benefited from the Gulf of Gold Climbing, as the company ‘Merdeeka Gold’ started trading on the Jakarta Stock Exchange this month after collecting more than 280 million dollars in the largest primary subscription in Indonesia this year, while -Golden golden sold. As for ‘his gold’, he plans to use part of the result to finance the acquisition of a mine in Kazakhstan, in addition to financing the development and construction of mines over the next five years, according to what the company has announced. Read more: The price of gold is for the first time more than $ 3800 amid economic problems in America running the company, which is in charge of the ‘Zijn Maining’ group outside China, mining operations that is one of the fastest growing in the world, ranging from central Asia to Australia, Africa and South America. Hong Kong embraced the two biggest proposals in 2025 The biggest offer this year was the share of the company “Conteimburieri Ambols Technology”, which collected $ 5.3 billion, and was also in Hong Kong. After years of scarcity of transactions in the Tarbat market, the Asian financial center is preparing to take a jump in the outcome of the subscriptions at $ 26 billion, according to the “Bloomberg Intelligence” estimates, which are the highest level in 4 years. The trading of the shares of “his gold” would begin yesterday, but it was postponed due to the “Ragasa” super computer. Morgan Stanley and City Cikirates, the participating sponsors of the proposal, took over.