Chuangxin Industries (2788 HK): It Doesn't Pay to Be Aggressive
​Chuangxin's IPO fails to excite despite a grey market surge, with concerns over connected transactions, margin pressure, and leverage. Limited...
365 Views
Chuangxin Pre-IPO: Increasing Exposure to Volatile Alumina; Offered at Premium to Peers
Chuangxin is looking to raise up to US$700m in its upcoming Hong Kong IPO. In this note, we examine the IPO dynamics, and look at the firm’s...
708 Views
Chuangxin Industries Pre-IPO: Weak 5M25 and Large Chunk of Revenue from Related Party
Chuangxin Industries is looking to raise at least US$700m in its upcoming Hong Kong IPO. It is focused on alumina refining and aluminum smelting....
641 Views
Primer: Innovation Global Industries (IGI HK) - Nov 2025
Innovation Global Industries (IGI) is a leading provider of industrial automation and robotics solutions, poised to capitalize on the secular...
221 Views
Materials - Aluminium: A prolonged supply deficit even assuming the end of Iran war
Based on our updated industry model, we estimate global aluminium supply deficit will widen to 2% of global demand in 2026E (versus our previous...
92 Views