BUZZ-H-shares of China's Zijin Mining at 4-week peak on eyeing controlling stake in Zangge

Reuters

2025/01/10

** HK shares of China's Zijin Mining Group jump 3.8% to HK$15.24, highest since Dec. 13, 2024; set for second consecutive session of gains

** Stock on track for biggest one-day pct rise since Dec. 9, 2024

** Co talks with Zangge Mining's top two shareholders to buy controlling stake

** Potential deal would allow Zijin to consolidate its ownership over Tibet's Julong copper project, its JV with Zangge

** Trading in Zangge shares halted pending statement

** Stock set for third straight week of gains

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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