OREANDA-NEWS. March 02, 2011. Jinchuan Group International Resources Co. Ltd., a Hong Kong-listed unit of Jinchuan Group Ltd., was inaugurated, with Gansu Province governor, other senior government officials and bankers in attendance, reported the press-centre of Jinchuan Group.

Macau Investment Holdings Limited, a company quoted on Hong Kong’s Main Board, changed its name to Jinchuan Group International Resources Co. Ltd. after Jinchuan Group (Hongkong) Resources Holdings Limited took a controlling stake in the company.

Jinchuan Group Ltd. Chairman Yang Zhiqiang said that Hong Kong, a global financial hub and a regional trading center, has a well-established capital market for mining companies and, therefore, is a ideal place for Jinchuan to expand its international presence.

Jinchuan Group International Resources Co. Ltd. will offer Jinchuan a flagship platform to develop overseas mineral resources and achieve a snowballing growth of its overseas assets.