Zijin Gold seeks $3.2 billion in Hong Kong IPO as demand for the precious metal soars

Core Viewpoint - Zijin Gold International is planning to raise $3.2 billion through a Hong Kong IPO, which is expected to be the largest in the city in four years, capitalizing on the positive market sentiment for gold [1] Group 1 - The IPO aims to leverage the current bullish sentiment surrounding precious metals, particularly gold [1] - This move indicates a strong confidence in the gold market and the potential for significant capital inflow into the sector [1] - The planned amount of $3.2 billion highlights the company's ambition and the scale of the offering, positioning it as a major player in the market [1]