Although stocks on the unlisted public company market (UPCoM) contain many risks, surprisingly, the number of companies increasing was not less than those of two trading floors HOSE and HNX. Whether the fact that many large-cap stocks still stayed on the UPCoM attracted foreign investors or a wide trading range helped the UPCoM to bring higher profits?
According to statistics, by the end of August this year, market capitalization of unlisted public companies (UPCoM) exceeded VND1 quadrillion (US$43.08 billion) with a total of 850 enterprises having registered.
Hanoi Stock Exchange (HNX) has approved of registration for trading shares of Viettel Global Investment JSC, a subsidiary of military-run telecom Viettel Group.
Saigon Mien Trung Beer (SMB) has just announced its shareholders have approved to move 29.846 million shares to the HCM City Stock Exchange (HOSE) from the Unlisted Public Company Market (UPCoM).
The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.
At its shareholders’ meeting on June 23 in Hanoi, Viettel Group’s international investment arm Viettel Global, shareholders agreed that Viettel Global will be listed on the Unlisted Public Company Market (UpCOM) in July.
Vinafood II was officially started trading on unlisted public company market (UPCoM) and registered to list 114.8 million shares with the code VSF, yesterday.
