On June 19th, Huatai Securities research report pointed out that Zijin Mining Group (601899.SH) refinanced $2.5 billion and gave a "buy" rating. Calculating the dilution of equity in this refinancing is up to 4%, but it may increase the net profit attributable to the parent by 3%, and overall the impact on EPS is limited. This refinancing will solidify the company's future growth foundation from liquidity, asset-liability structure, cost (profit), and help the company achieve its new five-year goal. In addition, this refinancing achieved several times oversubscription, and the subscription funds were mostly global famous long-term funds and hedge funds, reflecting global capital's recognition of the company's operation.
研报掘金丨华泰证券：紫金矿业再融资25亿美元，给予“买入”评级
Research reports suggest that Zijin Mining Group has refinanced for 2.5 billion US dollars and has been given a 'buy' rating by HTSC.
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