trending Market Intelligence /marketintelligence/en/news-insights/trending/pXbpVBA8KL74F3c9tj4wug2 content esgSubNav
In This List

Zhaojin Mining targets HK$1.21B capital raising

Blog

Insight Weekly: US bank stress tests; cracks in housing market; summer energy supply risks

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

World Exploration Trends 2022

Blog

Snapshot: Battery Metals Market Outlook


Zhaojin Mining targets HK$1.21B capital raising

Zhaojin Mining Industry Co. Ltd. is looking to raise about HK$1.21 billion via a placing of its shares to increase its working capital.

The company will issue up to 174,869,000 shares at HK$6.93 per share to between six and 10 investors, according to a March 29 release.

UBS AG Hong Kong Branch, China Merchants Securities (HK) Co. Ltd. and CMB International Capital Ltd. will act as joint placing agents.

The placing is expected to be completed by April 12.