China Gold International in Canada: What's Next?

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Case

Reference no. 9B19MC071

Simplified Chinese language

Subject category: Strategy and General Management

Authors: Jing Li (Beedie School of Business, Simon Fraser University); Natalie Bin Zhao (Beedie School of Business, Simon Fraser University)

Published by: Ivey Publishing

Originally published in: 2019

Version: 2019-07-17

Length: 13 pages

Data source: Field research

Topics: International banking; Chinese firms; General management/strategy; International

Share a link: https://casecent.re/p/166808

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Abstract

This is a Simplified Chinese version. In November 2017, Jerry Xie, executive vice-president and corporate secretary of China Gold International Resources Corp. Ltd. (CGI), the only overseas-listed subsidiary of China National Gold Group (CNG), a Chinese state-owned gold company, was expected to report his plan for the future development of CGI to the chairman of the board of both CNG and CGI in a week's time. CGI was perceived as the international flagship company of CNG and was listed in both Canada and Hong Kong, yet it had two mines in China and none in Canada. The parent firm needed Xie's help to answer a question from the global capital market: should CGI be kept in operation in Canada?