Analysis of Multiple Factors for Zijin Gold International (02259.HK) Becoming a Hot Stock in Hong Kong

Zijin Gold International (02259.HK) is the overseas gold mining platform of Zijin Mining Group, focusing on the exploration, mining, refining, and sales of global gold resources [2]. The company holds interests in 8 gold mines across multiple regions worldwide and is positioned as a pure global gold mining company [2].

1. Skyrocketing Gold Prices
   : In 2025, gold prices rose sharply with a year-to-date increase of 57.93%, breaking the historical high of 4294.35 USD/oz [5], which directly boosted the company’s value.
2. Strong Performance Support
   : The parent company Zijin Mining produced 65 tons of mineral gold in the first three quarters, a year-on-year increase of 20%, and the gold segment has become an important engine for profit growth [6].
3. Successful IPO
   : The company completed its Hong Kong IPO, raising approximately HKD 28.7 billion, setting a record for the largest IPO in the global gold mining industry [1].
4. Inclusion in MSCI Index
   : Being included in the MSCI China Index has attracted passive fund allocations, enhancing liquidity and market attention [3].

The expectation of continued gold price increases (e.g., UBS is bullish on gold reaching 4900 USD [7]) and the company’s global layout will continue to support its market performance.