Zhi Tong Cai Jing·2025-09-11 05:51Core Viewpoint - Zijin Mining's subsidiary, Zijin Gold International, plans to launch an IPO in Hong Kong next week with a target valuation exceeding $30 billion [1] Group 1: IPO Details - Zijin Gold International aims to raise at least $3 billion, increasing from an initial target of $2 billion, making it the second-largest IPO in Hong Kong this year, following CATL [1] - The final issue price will be determined on September 24, with the official listing on the Hong Kong Stock Exchange set for September 29 [1] - The company submitted its prospectus to the Hong Kong Stock Exchange on June 30, 2025, with Morgan Stanley and CITIC Securities acting as joint sponsors [1] Group 2: Company Overview - Zijin Gold International is a leading global gold mining company formed by consolidating Zijin Mining's gold mines outside of China [1] - The company is engaged in gold exploration, mining, processing, smelting, refining, and sales [1] - In the previous year, the company's net profit attributable to the parent company surged over 100% to $481 million [1] Group 3: Asset Portfolio - Zijin Gold International holds interests in eight gold mines located in resource-rich areas of Central Asia, South America, Oceania, and Africa [1] - Key assets include the Jilau/Talco gold mine in Tajikistan, the Norton Gold Fields in Australia, and the Aurora gold mine in Guyana [1]