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0.00365430294171392 0.00365430294171392 0.00401973323588536 0.00401973323588536 0.00529873926548522 0.00328887264754261 0.00548145441257088 0.00438516353005668
Stock impact report

Zijin Founder Who Built the $100-Billion Chinese Miner Retires [Yahoo! Finance Canada]

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) 
US:NYSE Investor Relations: bhp.com/investor-centre
Most Read from Bloomberg Zijin's market value ballooned to more than $100 billion this year for the first time, underpinned by surging prices for its key commodities, especially copper and gold. The company started with a small gold mine in China in the 1980s, and its value is now only surpassed by Rio Tinto Group and BHP Group. Zijin's competitiveness is “systematic and structural” and the company's “successful growth story will continue,” Citigroup Inc. analysts including Jack Shang wrote in a note. The bank maintained the miner as a top pick, saying that its copper and lithium assets are undervalued. A company with enduring success should transit from being “founder-driven” to “institution-driven,” and the management team is mature, making it the best time to transition to a new leadership, Chen said in the statement. Zijin shares rose as much as 6.9% in Hong Kong on Monday alongside other producers of copper after the metal advanced to a record. On the Wire China's ma Show less Read more
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