Zijin Gold International is prepping for its Hong Kong IPO next week, with a focus on a US$30B valuation. The IPO for Zijin Gold, a 100%-owned subsidiary of Zijin Mining, will open on 19 September 2025, and will aim for over $3B in the float. The IPO will be the second largest listing in Hong Kong this year, after CATL’s $4.6B IPO in May.
The offering will be priced on 24 September, with the debut slated for 29 September. Total valuation is expected to be between $30 – 40B.
Zijin Gold holds all of Zijin Mining’s gold assets outside of China. The decision to spin out and list on the Hong Kong Exchange is part of the greater company’s reallocation of overseas gold assets and its renewed interest in investment in the gold industry.
