--- title: "Lingbao Gold Raises HK$770.6 Million via Discounted H-Share Placing and Top-Up Subscription" type: "News" locale: "en" url: "https://longbridge.com/en/news/282603046.md" description: "Lingbao Gold Group has raised HK$770.6 million through a placing of 29,816,000 existing H shares and a matching subscription for new H shares. The shares were priced at HK$26.16 each, reflecting a discount of 4.5% to the latest closing price. This transaction, representing about 2.2% of the company's share capital, aims to replenish the shareholder's stake and strengthen the company's capital base for future operations and investments. Lingbao Gold is a mainland Chinese gold producer listed in Hong Kong, focusing on mining and processing precious metals." datetime: "2026-04-14T00:11:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282603046.md) - [en](https://longbridge.com/en/news/282603046.md) - [zh-HK](https://longbridge.com/zh-HK/news/282603046.md) --- # Lingbao Gold Raises HK$770.6 Million via Discounted H-Share Placing and Top-Up Subscription ### Claim 30% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks An update from Lingbao Gold Group Company Ltd. Class H ( (HK:3330) ) is now available. Lingbao Gold Group has arranged a placing of 29,816,000 existing H shares by a major shareholder and a matching subscription for the same number of new H shares under its general mandate. The transaction, representing about 2.2% of the company’s existing share capital, is structured to replenish the shareholder’s stake while raising fresh equity for the company. The shares will be placed at HK$26.16 each, reflecting a discount of about 4.5% to the latest closing price and 6.8% to the five-day average, in line with typical market practice for accelerated placings. The deal is expected to raise gross proceeds of roughly HK$780 million and net proceeds of about HK$770.6 million, modestly diluting existing holders but strengthening Lingbao Gold’s capital base for future operations and potential investments. **More about Lingbao Gold Group Company Ltd. Class H** Lingbao Gold Group Company Ltd. is a mainland Chinese gold producer focused on mining, smelting and processing precious metals, with its H shares listed in Hong Kong. The group operates within the wider non-ferrous metals and resources sector, using capital-market financing to support its growth and operational needs in the gold industry. **Average Trading Volume:** 17,972,006 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$37.46B ### Related Stocks - [03330.HK](https://longbridge.com/en/quote/03330.HK.md) - [NEM.US](https://longbridge.com/en/quote/NEM.US.md) - [AEM.US](https://longbridge.com/en/quote/AEM.US.md) - [GOLD.US](https://longbridge.com/en/quote/GOLD.US.md) - [KGC.US](https://longbridge.com/en/quote/KGC.US.md) - [GDXJ.US](https://longbridge.com/en/quote/GDXJ.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [159562.CN](https://longbridge.com/en/quote/159562.CN.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [RING.US](https://longbridge.com/en/quote/RING.US.md) - [GDX.US](https://longbridge.com/en/quote/GDX.US.md) - [DBP.US](https://longbridge.com/en/quote/DBP.US.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md) - [GLTR.US](https://longbridge.com/en/quote/GLTR.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) ## Related News & Research - [Lingbao Gold Wins Shareholder Backing for 2025 Reports and New Capital Mandates](https://longbridge.com/en/news/286919537.md) - [Lingbao Gold files HKEX return disclosing share buyback at HKD 17.77 each](https://longbridge.com/en/news/287051024.md) - [AGNICO EAGLE ANNOUNCES INVESTMENT IN WALLBRIDGE MINING COMPANY LIMITED | AEM Stock News](https://longbridge.com/en/news/287063692.md) - [Wallbridge to Advance Fenelon to Pre-Feasibility Study with Strategic Investments from Agnico Eagle and Waratah for Approximately C$56 Million](https://longbridge.com/en/news/287054242.md) - [Golden Minerals Q1 net loss narrows as costs fall](https://longbridge.com/en/news/286618116.md)