Mr. Tran Van Dung, CEO of the Ho Chi Minh City Stock Exchange (HOSE), said that HOSE will build a mutual index between HOSE and the Ha Noi Stock Exchange, at a press conference on April 11. The mutual index plays an important role in attracting indirect investment capital from foreign investors as well as creating transparency and trustworthiness of the market in the eyes of foreign investors. Building a mutual index between HOSE and HNX is a policy of the State Securities Commission to provide favorable conditions for the country’s stock market.Accordingly, HOSE and HNX will sign a memorandum of collaboration on April 12. Under the plan, the two trading floors and securities companies will finish preparation for infrastructure in the third quarter of 2016 and the new index will be launched by the end of this year. This is considered as an essential step for the upcoming merger of the two trading floors. … [Read more...] about HOSE to build mutual index with HNX in 2016
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HNX sells VND3.8 trillion of Government bonds in May
The Hanoitimes - The Hanoi Stock Exchange (HNX) held 24 auctions of Government bonds gaining over 3.8 trillion VND in May. Thu Minh … [Read more...] about HNX sells VND3.8 trillion of Government bonds in May
HNX raises over $400m from G-bonds in November
The Ha Noi Stock Exchange (HNX) announced it has mobilised more than VND9.15 trillion (US$403 million) from 31 Government bond auctions in November.This marked an increase of 21.8 per cent compared with the previous month, of which the State Treasury mobilised over VND2.93 trillion, Viet Nam Development Bank raised VND4 trillion and Viet Nam Bank for Social Policies raised more than VND2.22 trillion.The coupon rates of five-year term bonds sold ranged from 4.5 per cent to five per cent per year, seven-year term bonds ranged from 4.85 per cent to 4.88 per cent per annum, 10-year term bonds ranged from 5.41 to 5.91 per cent per annum, 15-year term bonds were at 5.75-6.2 per cent per annum, 20-year term bonds were at 5.82 per cent per year and 30-year term bonds were at 6.1 per cent per annum.Compared with October, coupon rates in November of five-year bonds increased 0.02 per cent per annum, seven-year bonds grew 0.05 per cent per annum, and 10-year and 30-year term bonds remained the … [Read more...] about HNX raises over $400m from G-bonds in November
Six auctions in HNX in November
HÀ NỘI — In November, the Hà Nội Stock Exchange (HNX) organised six auctions, collecting a total value of more than VNĐ418 billion (US$18.3 million). Of these, there were two initial public offerings (IPO) of One Member Limited Liability Company No 532 and One Member Limited Liability Company No 145, and four divestment auctions at Hà Nội Real Estate Investment Joint Stock Company, Cement Finance Joint Stock Company, Sài Gòn Bank for Industry and Trade (Saigonbank) and PetroVietnam - SSG Real Estate Joint Stock Company. The total volume of shares auctioned in November reached over 27.9 million shares, an increase of 143 per cent against October. The total bid volume of investors also increased sharply, with more than 66.8 million shares, 2.4 times higher than the volume offered. As a result, more than 25.9 million shares (equalling to 93 per cent of the offered volume) were sold to investors, with a total value … [Read more...] about Six auctions in HNX in November
HNX hosts auctions worth 418 billion VND in November
Some 418 billion VND (18.5 million USD) was raised through six auctions of shares held by state-owned enterprises on the Hanoi Stock Exchange (HNX) in November (Photo: HNX)Hanoi (VNA) – Some 418 billion VND (18.5 million USD) was raisedthrough six auctions of shares held by state-owned enterprises on the HanoiStock Exchange (HNX) in November.The auctions includetwo initial public offering (IPO) sessions of 532 One Member Limited Companyand 145 One Member Limited Company, and four capital divestment of Hanoi RealEstate Investment Joint Stock Company, Cement Finance Joint Stock Company, Sai GonBank for Industry and Trade (Saigonbank), and the Petroleum Vietnam (PV) SSGReal Estate Joint Stock Company.More than 27.9 million shares were put up for sale in the month, up 143 percentfrom October, while investors registered to buy some 66.8 million shares, 2.4times higher than the volume offered.Shares in the four auctions for capital divestment were sold out.-VNA … [Read more...] about HNX hosts auctions worth 418 billion VND in November