Zijin Mining is reportedly planning a $3 billion initial public offering in Hong Kong.

According to informed sources, China's Zijin Mining Group Co., Ltd. plans to list its international gold mining subsidiary in Hong Kong, with the initial public offering expected to raise over $3 billion, potentially making it the second largest IPO globally this year. The sources mentioned that the size and timing of the listing of Zijin International Gold Limited could still change. One of the sources stated that the company could potentially go public as early as this month, with investors showing strong interest in the offering due to the high gold prices.