Hong Kong Hot Stock Analysis: Industry Insights on 01935.HK (Jiahong Education) and 2788.HK (Chuangxin Industrial)

Listed on the Hong Kong Stock Exchange on November 24, 2025, with an issue price of HK$10.99 and HK$5.5 billion raised [1][2]. Closed at HK$14.59 on the listing day, up 32.8% [1][2]. The company mainly engages in electrolytic aluminum production, headquartered in Inner Mongolia, with self-sufficiency in alumina and electricity [2][4]. Cornerstone investors include Glencore, Hillhouse, China Hongqiao, etc. [3][5]. Revenue from January to May 2025 reached 7.2 billion yuan, a year-on-year increase of 23%, with net profit of 855.5 million yuan [0]. IPO funds are planned for green energy power plants and overseas smelter construction [0][2].

Focused on the edtech sector [6]. The global edtech market is expected to grow from US$75.7 billion to US$112.3 billion between 2025 and 2034, with a CAGR of 38.3% [7][0]. Key trends include AI-driven tools, VR/AR immersive learning, and online platforms [7][10]. China’s policies support vocational education and technical training, driving industry development [9][0]. Strategic partnerships are key catalysts for AI edtech growth [8][0].

• The two stocks belong to different high-growth industries: electrolytic aluminum (benefiting from green transition) and edtech (driven by AI + policies).
• Chuangxin Industrial’s strong IPO performance reflects market confidence in the vertically integrated aluminum industry and green energy concept [2][5].
• The high growth expectation of the edtech industry synergizes with China’s vocational education policies [9][7].

• Chuangxin Industrial: Faces aluminum price volatility and overseas expansion risks [0][3].
• Jiahong Education: Faces industry competition and technical iteration pressure [10][0].

• Chuangxin Industrial: Enhances competitiveness through green energy investments [2][0].
• Jiahong Education: Seizes opportunities from AI education tools and policy support [7][9].

• Chuangxin Industrial (2788.HK): Strong IPO performance, solid fundamentals, focus on green transition.
• Jiahong Education (01935.HK): Fast-growing industry, benefits from AI and policy dividends.