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China's Zijin Gold surges over 60% in Hong Kong debut after world's second-largest IPO this year
CNBC· 2025-09-30 01:36
A sign outside the Serbia Zijin Mining complex, operated by Zijin Mining Group Co., in Bor, Serbia, on Thursday Aug. 24, 2023.Zijin Gold shares surged over 60% Tuesday as the Chinese miner's international unit made its trading debut in Hong Kong.The company had raised nearly 25 billion Hong Kong dollars (about $3.2 billion) with shares priced at HKD$71.59 apiece, making it the world's second-largest initial public offering after battery giant CATL's listing earlier this year.Zijin Gold's debut, which was de ...