Institutional investors, including Singapore's sovereign wealth fund GIC Pte, Millennium Management LLC, and Hillhouse Investment, are set to participate in the Hong Kong IPO of Zijin Gold International, a spin-off of ZIJIN MINING (02899.HK) +0.460 (+1.582%) Short selling $790.89M; Ratio 35.131% , foreign media reported, citing sources.Sources also revealed that BlackRock, Fidelity International, and Baillie Gifford & Co. are Zijin Gold International's cornerstone investors, expected to receive about half of the IPO shares.Related NewsUBS: Overall Outlook for Industrial Metals Improving; Copper, Aluminum Mid-term Fundamentals Still AttractiveZijin Gold International may start accepting subscriptions from other investors and the public as early as Friday (19th), with the fundraising scale possibly exceeding USD3 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-22 16:25.)