HK Stock Market Move | Zijin Mining Group (02899) rose more than 3% in the morning session. The Zijin Production Investment Fund has completed the filing procedures with the China Securities Regulatory Commission.
19/11/2024
GMT Eight
Zijin Mining Group (02899) rose more than 3% in early trading, up 3.9% at the time of publication, to HK$15.4, with a trading volume of HK$1.13 billion.
In terms of news, Zijin Mining Group announced that its wholly-owned subsidiary, Zijin Mining Group Equity Investment Management (Xiamen) Co., Ltd., Zijin Mining Group Investment (Shanghai) Co., Ltd., together with Fujian Local Industry Equity Investment Fund Partnership Enterprise (Limited Partnership) and Fujian Minxin Investment Co., Ltd., signed an agreement on July 29, 2024 to establish Zijin Mining Group Min Investment Straits Sailing (Fuzhou) Investment Partnership Enterprise (Limited Partnership).
In September 2024, the partnership added a limited partner, Fujian Strait Talent Entrepreneurship Investment Co., Ltd., and was renamed as Zijin Mining Group Pro Investment Straits Sailing (Fuzhou) Equity Investment Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Zijin Pro Investment Fund"), which has completed the industrial and commercial registration change. On November 15, 2024, Zijin Pro Investment Fund completed the record filing procedures with the China Securities Investment Fund Industry Association and obtained the "Private Equity Investment Fund Record Certificate".