Zijin Gold raises $25b in IPO debut
This marks the second-largest IPO in Hong Kong.
Zijin Gold International, a public spin-off of Zijin Mining Group, has raised $25b (US$3.2b) in its initial public offering (IPO) in Hong Kong.
The group sold 348,990,700 shares for $71.59 per share.
This marks the second-largest IPO debut in Hong Kong since Chinese battery giant Contemporary Amperex Technology Co. Ltd. (CATL) raised US$4.6b in its Hong Kong offering in May.
Zijin Gold was first reported to debut in Hong Kong last early September.