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Listed

2788 CHUANGXIN IND

Chuangxin Industries Holdings Limited

An upstream aluminium industry group focused on alumina refining and electrolytic aluminium smelting, with an integrated ecosystem covering energy, alumina refining and aluminium smelting.

Overview

Company
Chuangxin Industries Holdings Limited
Sector
Materials / Aluminium
Market
Main Board
Listing date
Nov 24, 2025

Offer Details

Offer price
HKD 10.99
Board lot
500
Total offer shares
500,000,000
Hong Kong offer shares
50,000,000
International offer shares
450,000,000
Minimum application
500 shares
Gross proceeds
HKD 5,495,000,000
Net proceeds
HKD 5,312,800,000

Timetable

Application deadline
Nov 19, 2025
Refund date
Nov 24, 2025
Trading start
Nov 24, 2025
Listing date
Nov 24, 2025

Allocation Result

Valid applications
145,228
Subscription multiple
447.2x
One-lot success rate
10%
Successful applications
51,802

Basis of Allocation

Success Rate Trend

Each line runs from the lowest application tier to the highest tier within its own pool. Hover or tap a point for the exact tier.

Pool APool B
0%25%50%75%100%FewerMidMorePool A · Applied shares 500 · Applied lots 1 lots · Valid applications 37,271 · Successful applications 3,727 · Success rate 10%Pool A · 1 lotsSuccess rate 10%Pool A · Applied shares 1,000 · Applied lots 2 lots · Valid applications 7,643 · Successful applications 810 · Success rate 10.6%Pool A · 2 lotsSuccess rate 10.6%Pool A · Applied shares 1,500 · Applied lots 3 lots · Valid applications 4,657 · Successful applications 496 · Success rate 10.65%Pool A · 3 lotsSuccess rate 10.65%Pool A · Applied shares 2,000 · Applied lots 4 lots · Valid applications 4,582 · Successful applications 495 · Success rate 10.8%Pool A · 4 lotsSuccess rate 10.8%Pool A · Applied shares 2,500 · Applied lots 5 lots · Valid applications 4,520 · Successful applications 499 · Success rate 11.04%Pool A · 5 lotsSuccess rate 11.04%Pool A · Applied shares 3,000 · Applied lots 6 lots · Valid applications 3,165 · Successful applications 361 · Success rate 11.41%Pool A · 6 lotsSuccess rate 11.41%Pool A · Applied shares 3,500 · Applied lots 7 lots · Valid applications 1,372 · Successful applications 157 · Success rate 11.44%Pool A · 7 lotsSuccess rate 11.44%Pool A · Applied shares 4,000 · Applied lots 8 lots · Valid applications 1,776 · Successful applications 204 · Success rate 11.49%Pool A · 8 lotsSuccess rate 11.49%Pool A · Applied shares 4,500 · Applied lots 9 lots · Valid applications 5,245 · Successful applications 603 · Success rate 11.5%Pool A · 9 lotsSuccess rate 11.5%Pool A · Applied shares 5,000 · Applied lots 10 lots · Valid applications 4,169 · Successful applications 480 · Success rate 11.51%Pool A · 10 lotsSuccess rate 11.51%Pool A · Applied shares 6,000 · Applied lots 12 lots · Valid applications 1,939 · Successful applications 224 · Success rate 11.55%Pool A · 12 lotsSuccess rate 11.55%Pool A · Applied shares 7,000 · Applied lots 14 lots · Valid applications 1,835 · Successful applications 244 · Success rate 13.3%Pool A · 14 lotsSuccess rate 13.3%Pool A · Applied shares 8,000 · Applied lots 16 lots · Valid applications 2,215 · Successful applications 330 · Success rate 14.9%Pool A · 16 lotsSuccess rate 14.9%Pool A · Applied shares 9,000 · Applied lots 18 lots · Valid applications 2,933 · Successful applications 475 · Success rate 16.2%Pool A · 18 lotsSuccess rate 16.2%Pool A · Applied shares 10,000 · Applied lots 20 lots · Valid applications 6,220 · Successful applications 1,095 · Success rate 17.6%Pool A · 20 lotsSuccess rate 17.6%Pool A · Applied shares 15,000 · Applied lots 30 lots · Valid applications 4,589 · Successful applications 964 · Success rate 21.01%Pool A · 30 lotsSuccess rate 21.01%Pool A · Applied shares 20,000 · Applied lots 40 lots · Valid applications 4,136 · Successful applications 1,090 · Success rate 26.35%Pool A · 40 lotsSuccess rate 26.35%Pool A · Applied shares 25,000 · Applied lots 50 lots · Valid applications 2,578 · Successful applications 836 · Success rate 32.43%Pool A · 50 lotsSuccess rate 32.43%Pool A · Applied shares 30,000 · Applied lots 60 lots · Valid applications 2,095 · Successful applications 802 · Success rate 38.28%Pool A · 60 lotsSuccess rate 38.28%Pool A · Applied shares 35,000 · Applied lots 70 lots · Valid applications 1,577 · Successful applications 693 · Success rate 43.94%Pool A · 70 lotsSuccess rate 43.94%Pool A · Applied shares 40,000 · Applied lots 80 lots · Valid applications 1,569 · Successful applications 775 · Success rate 49.39%Pool A · 80 lotsSuccess rate 49.39%Pool A · Applied shares 45,000 · Applied lots 90 lots · Valid applications 1,391 · Successful applications 760 · Success rate 54.64%Pool A · 90 lotsSuccess rate 54.64%Pool A · Applied shares 50,000 · Applied lots 100 lots · Valid applications 2,821 · Successful applications 1,683 · Success rate 59.66%Pool A · 100 lotsSuccess rate 59.66%Pool A · Applied shares 60,000 · Applied lots 120 lots · Valid applications 1,764 · Successful applications 1,241 · Success rate 70.35%Pool A · 120 lotsSuccess rate 70.35%Pool A · Applied shares 70,000 · Applied lots 140 lots · Valid applications 1,458 · Successful applications 1,176 · Success rate 80.66%Pool A · 140 lotsSuccess rate 80.66%Pool A · Applied shares 80,000 · Applied lots 160 lots · Valid applications 1,327 · Successful applications 1,201 · Success rate 90.5%Pool A · 160 lotsSuccess rate 90.5%Pool A · Applied shares 90,000 · Applied lots 180 lots · Valid applications 1,300 · Successful applications 1,300 · Success rate 100%Pool A · 180 lotsSuccess rate 100%Pool A · Applied shares 100,000 · Applied lots 200 lots · Valid applications 6,379 · Successful applications 6,379 · Success rate 100%Pool A · 200 lotsSuccess rate 100%Pool A · Applied shares 200,000 · Applied lots 400 lots · Valid applications 4,043 · Successful applications 4,043 · Success rate 100%Pool A · 400 lotsSuccess rate 100%Pool A · Applied shares 300,000 · Applied lots 600 lots · Valid applications 2,641 · Successful applications 2,641 · Success rate 100%Pool A · 600 lotsSuccess rate 100%Pool A · Applied shares 400,000 · Applied lots 800 lots · Valid applications 3,758 · Successful applications 3,758 · Success rate 100%Pool A · 800 lotsSuccess rate 100%Pool B · Applied shares 500,000 · Applied lots 1,000 lots · Valid applications 4,070 · Successful applications 4,070 · Success rate 100%Pool B · 1,000 lotsSuccess rate 100%Pool B · Applied shares 600,000 · Applied lots 1,200 lots · Valid applications 1,274 · Successful applications 1,274 · Success rate 100%Pool B · 1,200 lotsSuccess rate 100%Pool B · Applied shares 700,000 · Applied lots 1,400 lots · Valid applications 870 · Successful applications 870 · Success rate 100%Pool B · 1,400 lotsSuccess rate 100%Pool B · Applied shares 800,000 · Applied lots 1,600 lots · Valid applications 755 · Successful applications 755 · Success rate 100%Pool B · 1,600 lotsSuccess rate 100%Pool B · Applied shares 900,000 · Applied lots 1,800 lots · Valid applications 575 · Successful applications 575 · Success rate 100%Pool B · 1,800 lotsSuccess rate 100%Pool B · Applied shares 1,000,000 · Applied lots 2,000 lots · Valid applications 2,424 · Successful applications 2,424 · Success rate 100%Pool B · 2,000 lotsSuccess rate 100%Pool B · Applied shares 2,000,000 · Applied lots 4,000 lots · Valid applications 979 · Successful applications 979 · Success rate 100%Pool B · 4,000 lotsSuccess rate 100%Pool B · Applied shares 3,000,000 · Applied lots 6,000 lots · Valid applications 451 · Successful applications 451 · Success rate 100%Pool B · 6,000 lotsSuccess rate 100%Pool B · Applied shares 4,000,000 · Applied lots 8,000 lots · Valid applications 249 · Successful applications 249 · Success rate 100%Pool B · 8,000 lotsSuccess rate 100%Pool B · Applied shares 5,000,000 · Applied lots 10,000 lots · Valid applications 155 · Successful applications 155 · Success rate 100%Pool B · 10,000 lotsSuccess rate 100%Pool B · Applied shares 6,000,000 · Applied lots 12,000 lots · Valid applications 72 · Successful applications 72 · Success rate 100%Pool B · 12,000 lotsSuccess rate 100%Pool B · Applied shares 7,000,000 · Applied lots 14,000 lots · Valid applications 61 · Successful applications 61 · Success rate 100%Pool B · 14,000 lotsSuccess rate 100%Pool B · Applied shares 8,000,000 · Applied lots 16,000 lots · Valid applications 51 · Successful applications 51 · Success rate 100%Pool B · 16,000 lotsSuccess rate 100%Pool B · Applied shares 9,000,000 · Applied lots 18,000 lots · Valid applications 42 · Successful applications 42 · Success rate 100%Pool B · 18,000 lotsSuccess rate 100%Pool B · Applied shares 10,000,000 · Applied lots 20,000 lots · Valid applications 135 · Successful applications 135 · Success rate 100%Pool B · 20,000 lotsSuccess rate 100%Pool B · Applied shares 20,000,000 · Applied lots 40,000 lots · Valid applications 24 · Successful applications 24 · Success rate 100%Pool B · 40,000 lotsSuccess rate 100%Pool B · Applied shares 25,000,000 · Applied lots 50,000 lots · Valid applications 73 · Successful applications 73 · Success rate 100%Pool B · 50,000 lotsSuccess rate 100%10%11.5%21.01%70.35%100%100%100%100%100%100%Applied lots: Fewer -> MoreSuccess rate
PoolApplied sharesApplied lotsValid applicationsSuccessful applicationsSuccess rateAllocated sharesAllocated lotsAllotted %
A500137,2713,72710%0-5000-110%
A1,00027,64381010.6%0-5000-15.3%
A1,50034,65749610.65%0-5000-13.55%
A2,00044,58249510.8%0-5000-12.7%
A2,50054,52049911.04%0-5000-12.21%
A3,00063,16536111.41%0-5000-11.9%
A3,50071,37215711.44%0-5000-11.63%
A4,00081,77620411.49%0-5000-11.44%
A4,50095,24560311.5%0-5000-11.28%
A5,000104,16948011.51%0-5000-11.15%
A6,000121,93922411.55%0-5000-10.96%
A7,000141,83524413.3%0-5000-10.95%
A8,000162,21533014.9%0-5000-10.93%
A9,000182,93347516.2%0-5000-10.9%
A10,000206,2201,09517.6%0-5000-10.88%
A15,000304,58996421.01%0-5000-10.7%
A20,000404,1361,09026.35%0-5000-10.66%
A25,000502,57883632.43%0-5000-10.65%
A30,000602,09580238.28%0-5000-10.64%
A35,000701,57769343.94%0-5000-10.63%
A40,000801,56977549.39%0-5000-10.62%
A45,000901,39176054.64%0-5000-10.61%
A50,0001002,8211,68359.66%0-5000-10.6%
A60,0001201,7641,24170.35%0-5000-10.59%
A70,0001401,4581,17680.66%0-5000-10.58%
A80,0001601,3271,20190.5%0-5000-10.57%
A90,0001801,3001,300100%50010.56%
A100,0002006,3796,379100%500-1,0001-20.55%
A200,0004004,0434,043100%500-1,0001-20.35%
A300,0006002,6412,641100%1,00020.33%
A400,0008003,7583,758100%1,000-1,5002-30.31%
B500,0001,0004,0704,070100%1,50030.3%
B600,0001,2001,2741,274100%1,500-2,0003-40.27%
B700,0001,400870870100%1,500-2,0003-40.26%
B800,0001,600755755100%2,00040.25%
B900,0001,800575575100%2,000-2,5004-50.23%
B1,000,0002,0002,4242,424100%2,000-2,5004-50.21%
B2,000,0004,000979979100%2,50050.13%
B3,000,0006,000451451100%2,500-3,0005-60.09%
B4,000,0008,000249249100%2,500-3,0005-60.07%
B5,000,00010,000155155100%3,00060.06%
B6,000,00012,0007272100%3,50070.06%
B7,000,00014,0006161100%4,00080.06%
B8,000,00016,0005151100%4,50090.06%
B9,000,00018,0004242100%5,000100.06%
B10,000,00020,000135135100%5,500110.06%
B20,000,00040,0002424100%9,000180.05%
B25,000,00050,0007373100%10,000200.04%