<div id="readability-page-1">The latest announcement is out from Zijin Mining Group Co ( (HK:2899) ).Zijin Mining Group has adjusted the conversion price of its US$1.5 billion zero-coupon guaranteed convertible bonds due 2031 following the approval of a 2025 profit distribution plan. The final cash dividend of RMB3.8 per 10 shares will be paid to all shareholders, triggering an automatic adjustment under the bond terms.As a result, the bond conversion price will be reduced from HK$63.30 to HK$62.65 per H share effective 17 June 2026, the day after the dividend record date. This lowers the conversion threshold and slightly increases the maximum number of H shares issuable upon full conversion, marginally diluting existing shareholders while maintaining all other bond terms unchanged. The most recent analyst rating on (HK:2899) stock is a Buy with a HK$55.00 price target. To see the full list of analyst forecasts on Zijin Mining Group Co stock, see the HK:2899 Stock Forecast page. <div> More about Zijin Mining Group Co Zijin Mining Group Co., Ltd. is a major Chinese mining company focused on the exploration, mining and processing of mineral resources, including gold, copper and other non-ferrous metals. Listed in Hong Kong, it issues both A shares and H shares and uses international capital markets, including convertible bond offerings, to support its expansion and financing needs. Average Trading Volume: 66,480,772 Technical Sentiment Signal: Buy Current Market Cap: HK$822.3B </div><div> For a thorough assessment of 2899 stock, go to TipRanks’ Stock Analysis page. </div></div>

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Zijin Mining Group adjusted the conversion price of its US$1.5 billion convertible bonds from HK$63.30 to HK$62.65 per H share, effective June 17, 2026. This change follows the approval of a RMB3.8 per 10 shares cash dividend for 2025, which triggered an automatic adjustment clause. The lower threshold slightly increases potential dilution while other bond terms remain unchanged.

Zijin Mining Lowers Convertible Bond Conversion Price After Dividend Payout