Independent board member Đặng Ngọc Khánh of Hòa Phát Group (HPG) has registered to sell 100,000 HPG shares through matched orders between November 4 and December 3, 2026, citing personal financial needs. After the sale he would hold 450,000 shares, down from 550,000, or about 0.005% of charter capital; at the October 30 closing price of 21,000 dong per share, the proceeds would be about 2.1 billion dong. In the third quarter of 2026, Hòa Phát posted revenue of 62,669 billion dong, up 70% year on year, and after-tax profit of 8,265 billion dong, up 106%. For the first nine months, revenue reached 171,539 billion dong and profit 23,746 billion dong, having completed 82% of its full-year revenue target and 108% of its profit target. The group produced 3.7 million tonnes of crude steel in the quarter, up 85% year on year, and paid 12,038 billion dong to the state budget across 20 provinces and cities.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Thành viên HĐQT Hòa Phát muốn bán bớt cổ phiếu HPG
Keywords
HPGsteelearningsinsider trading
Open a keyword to see other news on the same topic.
Related tickers and likely impact
HPG
▼ Likely negativeHoa Phat Group
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Basic Resources |
| Industry | Steel |
| Market cap | 178,991 bn VND |
| P/E | 7.7 |
| P/B | 1.20 |
| Close on 10/30/2026 | 21.00 |
| Change that session | -0.94% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Relative of Hòa Phát leader sells shares as registered
Ms. Doãn Thị Bích Ngọc, elder sister of Hòa Phát Vice Chairman Doãn Gia Cường, sold 350,000 HPG shares as registered between 9 and 14 October 2026, reducing her holding from 564,696 to 214,696 shares. Conversely, Mr. Trần Vũ Minh, son of Chairman Trần Đình Long, has registered to buy 50 million more HPG shares from 7 October to 5 November 2026 to raise his stake; under an earlier registration he bought nearly 33.3 million shares, with the rest not completed due to unsuitable market conditions. Operationally, Hòa Phát produced 3.7 million tonnes of crude steel in Q3 2026, up 3% from Q2, and 10.7 million tonnes in the first nine months, up 35%.
- Hòa Phát's Borrowings Exceed VND 100,000 Billion for the First Time
Hòa Phát's financial debt rose by more than 13,000 billion VND from the end of last year to 105,736 billion VND, its highest level ever, mainly through short-term borrowings. Interest expenses for the period reached 1,774 billion VND, more than double the same period last year, amid an average bank lending rate of 10.7% in August. Its financial position remains healthy, with owners' equity of 149,568 billion VND (up 14%) and cash and deposits of 46,273 billion VND. In Q3, revenue reached 62,669 billion VND, 2.3 times the year-earlier level, with steel sales making up about 96%; after-tax profit was 8,265 billion VND, up 106% from Q3 2025. The steel rail plant project is about 80% complete, with the first product expected to come off the line in Q1 next year.
- Series of Steel Companies Report Big Profits in Third Quarter of 2026
A series of steel companies reported sharply higher profits for the third quarter of 2026. TISCO (TIS) posted net revenue of VND 3,842 billion, up nearly 39%, and swung to a net profit of over VND 4 billion from a VND 12 billion loss a year earlier; its nine-month profit reached nearly VND 28 billion versus a loss of nearly VND 7 billion in the prior year. Thép Thủ Đức – VNSTEEL (TDS) reported net profit of nearly VND 3 billion, up 75%, with gross margin rising to 3.3%. Thép Tấm lá Thống Nhất (TNS) saw quarterly revenue fall 31%, yet net profit reached nearly VND 10 billion, up over 870%, as it shifted toward higher-margin products and cost of goods fell faster than revenue.
- A National Economics University alumnus gains 1,700 billion VND in just a few days
Hòa Phát chairman Trần Đình Long, a National Economics University graduate, gained over 1,700 billion VND in the past week as HPG shares rose nearly 4% to 20,900 VND per share. His wealth reached nearly 45,600 billion VND, and Forbes puts his fortune at US$2.3 billion, making him the fifth-richest person in Vietnam. He directly holds about 2.18 billion shares (25.8%), and his family owns more than 35.4% of the company. His son, Trần Vũ Minh, registered to buy 50 million HPG shares between October 7 and November 5, 2026 to raise his stake, although he holds no management position at Hòa Phát. The company targets 2026 revenue of 210,000 billion VND and after-tax profit of 22,000 billion VND, up 35% and 42% year-on-year respectively.
- Nearly 5 months without an uptrend for HPG, steel sector also stuck in a 'low zone'
- Steel Stocks Surge Unexpectedly in Early-Week Session as VN-Index Loses More Than 14 Points
In the session of October 12, steel stocks unexpectedly rallied, with NKG up 6.89%, HSG up 3.54% and HPG up 2.99%, while selling pressure in real estate, oil and gas, and fertilizer pushed the VN-Index down 14.11 points to 1,720.98. Money shifted into steel, banks and construction, while PNJ reversed to fall 6.92% to 18,150 dong after an earlier limit-up session. Even after the Asian Institute of Gemology and Sciences (AIGS) reported that 100% of PNJ's sampled diamonds were natural, the stock was heavily sold. Foreign investors were net sellers of over 600 billion dong across the market, most heavily in TCB, while HPG drew the largest net buying at more than 128 billion dong.
Related markets
Latest news
- TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor
TRM Labs and Chainalysis have both attributed the Binance hack to TraderTraitor, the North Korean group the FBI blamed for the $1.5 billion Bybit hack. TRM put the theft at about $6.36 billion, moved from Binance wallets on 10 blockchains mostly within about 20 minutes from 4:05 p.m. ET on Thursday, while Chainalysis put it at about $6.4 billion and saw stolen funds mixing with proceeds of the Bitget exploit. The attacker holds more than 420,000 ETH and 18,270 BTC, about $2.4 billion beyond any issuer's reach, while issuers including Tether and Circle have frozen about $2.67 billion in stablecoins. Binance has reserved more than $6.34 billion of company funds to cover losses, $5 billion of it already held in the stolen tokens.
- Buy, Sell, or Hold? Today’s Top Upgrades and Downgrades: Boston Scientific, DoorDash, GE Vernova, Honeywell Aerospace, Incyte. Intel, Reddit, Rivian Automotive, and More
Tech stocks weighed on premarket futures on Friday, with Nasdaq futures down almost 2.5% after Alphabet posted its worst third-quarter results in years and closed Thursday down 12.64% at $283.82. Intel beat estimates, but its guidance disappointed; shares closed at $92.07 and were trading at $68.26 premarket, down almost 26%. Amazon closed down 4.25% and was 6.78% lower premarket, while SanDisk, which beat on both revenue and earnings and announced an 8-for-1 forward stock split, closed down 5.32% and fell a further 8.50% premarket. In analyst actions, DoorDash, GE Vernova, Incyte, Intel and Rivian Automotive were upgraded, while Boston Scientific, Honeywell Aerospace, Intel, Reddit and Stryker were downgraded. Nasdaq (NDAQ) was initiated with a Buy rating at Erste Group, without a price target.
- Microsoft Is Borrowing $25 Billion for AI, Its First Bond Sale Since 2017
Microsoft priced $25 billion of senior unsecured bonds on October 29, its first U.S. dollar bond sale since 2017, with orders reaching $115 billion, or 4.6 times the deal size. The company held $64.5 billion of cash and short-term investments against $31.1 billion of long-term debt, yet fiscal first-quarter capital spending including finance leases reached $45.2 billion. The stated use of proceeds is general corporate purposes, including capex and share buybacks, and Microsoft now expects about $175 billion of calendar 2026 capex, down from $190 billion in April, mostly due to an accounting change. The 2066 bond priced at 1.05 percentage points over Treasuries, while Microsoft's five-year credit default swaps sit at about 54 basis points, compared with 116 for Meta and 275 for Oracle.
- More Banks Cut Deposit Rates
MSB, VietABank and GPBank have each cut deposit rates by 0.5 percentage points for 6- to 36-month terms, continuing a wave of cuts in line with government and State Bank of Vietnam policy. At MSB, online end-of-term deposit rates for individuals are now 5.8% a year for 6–11 months and 6.3% for 12 months, while VietABank lists 5.5%–5.8% a year for 6–36 months. Sacombank also cut rates by 0.5 percentage points from October 20, 2026. In the interbank market, the average overnight VND rate fell 0.2 percentage points to 3.95% a year in the week of October 19–23, 2026, while the one-week rate rose to 4.11%; Nguyễn Anh Quân of FiinRatings said rate cuts should be considered carefully given persistent pressure from energy and raw material prices.
- Global chip stocks slide after Intel’s weak outlook
Chip stocks fell across Asia, Europe and the U.S. in premarket trading on Friday after Intel's weak fourth-quarter forecast and Amazon's results revived concerns about AI spending. Intel was down about 25.5% to around $68.61 premarket, even though it beat third-quarter estimates with adjusted EPS of $0.52 and revenue up 21% to $16.5 billion. Its fourth-quarter revenue forecast of $15 billion to $16 billion and adjusted EPS outlook of $0.25 both fell short of analyst expectations of $17.08 billion and $0.44. Amazon fell about 6.3% after missing on revenue and earnings, though it kept its 2026 capex forecast at $220 billion. AMD, Nvidia and Broadcom dropped about 8.2%, 2.9% and 3.8% premarket, while SK Hynix closed 7.1% lower in Asia and ASML fell more than 5% in Europe.
- Dario Amodei Predicted at Davos in January 2025 That AI Could Surpass Humans "at Almost Everything" Within 2 to 3 Years. As Anthropic Prepares for Its $2 Trillion IPO, Is That Timeline Still on Track?
Anthropic has publicly filed its S-1 and is poised to raise more than $100 billion in its upcoming IPO, with rumors pointing to a valuation of around $2 trillion. The article recalls Dario Amodei's January 2025 claim that within two to three years AI could surpass humans at virtually all tasks, and notes AI is now strong at digital work like coding and web research but still lags humans in physical tasks. It argues the 4.2% U.S. unemployment rate is hard to square with that claim, since humans still need to direct AI. Anthropic's Q2 revenue of $11.6 billion, growing more than 10x year over year, would need to keep rising and expand beyond software to support a $2 trillion valuation. The author says that day has not yet come, though the broader prediction may hold in essence.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.