• Lingbao Gold Group slides 12.7% to HK$5.36; set for biggest one-day pct decline since April 2023

• Stock touches lowest since March 4

• Chinese gold miner plans sale of 43.5 million new shares, or 3.38% of enlarged share capital, to third party investors

• Says sale would raise HK$234 mln (~$30 mln), which will be used to fund mergers and acquisitions

• Adds new shares will be issued at HK$5.38, 12.38% discount to Monday's close

• YTD, stock gains ~87%
($1 = HK$7.7686)

(Reporting by Donny Kwok)