China Exchanges Services Company (CESC) released CES Belt and Road Index (CES OBOR), which is an index designed to reflect the stock price performance of listed companies actively participating in the Belt and Road Initiative.
Based on years of operation in Shanghai and Hongkong's capital market, and its 'the Belt and Road' strategy, Zijin Mining was selected on the list.
The CES OBOR's constituents are stocks eligible for Southbound or Northbound trading under Stock Connect. Large state-owned companies such as ICBC, CCB, Petro China, China Petroleum and Chemical Corporation were on the list. Multinational finance institutions like HSBC and AIA were also selected on the list.
About Zijin Mining
Zijin Mining is a leading global metals and mining company and one of the world’s largest producers of gold, copper, and zinc. The company has more than 30 large-scale mining operations and projects across 19 countries on 5 continents. Leveraging strong in-house research, engineering, and development capabilities, Zijin maintains high operational efficiency and low costs in both acquisitions and operations. This enables the company to be an industry leader in value creation, underpinned by its philosophy of pursuing development for all and sustained by superior environmental, social, and governance performance. Zijin’s shares trade on the Hong Kong Stock Exchange (HKEX: 2899) and the Shanghai Stock Exchange (SSE: 601899).
