Illustrative image (Source: HNX) Hanoi (VNA) – The Hanoi Stock Exchange (HNX) said it has organised 19 auctions so far this year, including three for capital withdrawal, five for initial public offerings (IPO) and one for purchase rights. A total of more than 1 billion shares were auctioned, of which over 627 million shares were traded, equivalent to 63 percent. Some 9.8 trillion VND (431.2 million USD) worth of shares were collected after the 19 auctions. The auctions for capital withdrawal remained attractive to investors. In May, there were an auction for capital divestment of Apatit Vietnam One Member Ltd. Co., at Vietnam Apatit Phosphorus JSC, and another auction for purchase rights of Airports Corporation of Vietnam. Up to 14.99 million shares were ordered during the capital divestment auction as compared with only 10.5 million shares auctioned, which were sold out at the end of the auction. Meanwhile, only 0.07 percent or 262,000 rights to buy shares of … [Read more...] about HNX nets 9.8 trillion VND in auctions
Hnx
VND 56trillion raised at HNX in auction
The total volume of G-bond auctioned this time was worth VND 6trillion at four tenures including five year (VND 1trillion), seven year (VND 1trillion), ten year (VND 2trillion) and 15 year bonds (VND 2trillion). As a result, the State Treasury of Vietnam raised VND 3,980billion at HNX. Since the beginning of the year, the State Treasury of Vietnam has raised totally VND 56,026billion via G-bond at HNX.HAI HO-Translated by K.Lien Tags: G-bond auction Hanoi Stock Exchange … [Read more...] about VND 56trillion raised at HNX in auction
HNX to host three share auctions in May
The Ha Noi Stock Exchange (HNX) will hold three auctions in May to sell shares of Sai Gon Postel Corp, Viet Nam Apatite Phosphorus Joint Stock Company and Viet Nam Aviation Corporation. In April, HNX organised four share auction sessions, including two initial public offerings (IPOs) and two capital withdrawals. - Photo hanoimoi.com.vn In April, HNX organised four share auction sessions, including two initial public offerings (IPOs) and two capital withdrawals. The active participation of investors ensured the sessions’ average bidding prices in the month were high. Specifically, the successful bidding prices of the two IPO auctions of Van Tuong Construction Investment One Member Co. Ltd. and the capital withdrawal auction of Orient Commercial Joint Stock Bank (OCB) were higher than the initial prices by between 63 and 98 per cent. The total volume of shares offered in the four April auctions reached more than 19.9 million, down 77 per cent compared to the volume … [Read more...] about HNX to host three share auctions in May
Over 392 mln shares to be auctioned on HNX in May
The Hanoi Stock Exchanges (Source: Vietnam Finance) Hanoi (VNA) - The Hanoi Stock Exchanges (HNX) said over 292.2 million stocks will be offered for sale on the bourse in May. Sai Gon Postel Corp, Orient Commercial Joint Stock Bank (OCB), and Vietnam Aviation Corporation registered to put their shares on HNX in the month. According to HNX, investors continue to pay attention to share auctions, especially the initial public offerings (IPOs). In April, HNX organised four share auction sessions, including two IPOs and two capital withdrawals. The active participation of investors helped the sessions’ average bidding prices in the month stand at high rates. Especially the successful bidding prices of the two IPO auctions of Van Tuong Construction Investment One Member Co. Ltd. and the capital withdrawal auction at OCB were higher than the initial prices by between 63 and 98 percent. The total volume of shares offered in the four April auctions reached over 19.9 million, down … [Read more...] about Over 392 mln shares to be auctioned on HNX in May
HNX, MOEX to cooperate in capital market development
Deputy Chairwoman of the HNX Board of Management Nguyen Thi Hoang Lan (left) shakes hand with MOEX Chairman of the Executive Board and CEO Alexander Afanasiev after signing the MoU. — Photo courtesy of Hanoi Stock Exchange The Hanoi Stock Exchange (HNX) and the Moscow Exchange (MOEX) signed a memorandum of understanding (MoU) on April 10 to cooperate in capital market development. The signing took place within the framework of the 22nd Capital Market Development Forum in Moscow, which drew the participation of some 1,000 delegates from government agencies, ministries, enterprises and international investment funds. Speaking at the signing ceremony, MOEX Chairman of the Executive Board and CEO Alexander Afanasiev said that over the past 18 years, the securities market has contributed to the development of Viet Nam — one of the fastest-growing and most vibrant economies in Asia-Pacific. He said the MOEX plans to expand ties with emerging and dynamic markets in Asia. He said … [Read more...] about HNX, MOEX to cooperate in capital market development