TCBS has completed the issuance of nearly 555 million shares to pay dividends, raising its charter capital from about VND 27,744 billion to VND 33,293 billion and regaining the top spot among securities firms by charter capital. The move came just over a month after SSI lifted its charter capital to VND 30,032.94 billion and reclaimed the lead. VIX (nearly VND 26,000 billion), VPS (over VND 24,000 billion) and HSC (up from nearly VND 10,808 billion to nearly VND 13,728 billion) are also expanding, and HSC targets more than VND 15,000 billion this year. Charter capital matters for margin lending, since total loans cannot exceed twice shareholders' equity, and margin debt across the market was estimated at VND 435,000 billion by the end of Q2. According to HoSE, VPS led brokerage market share in Q3/2026 with 11.54%, followed by SSI at 11.09% and TCBS at 10.03%. The article stresses that large capital does not automatically bring higher profits or market share, as capital efficiency and risk management remain decisive.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Công ty chứng khoán 'đua' tăng vốn
Related tickers and likely impact
SSI
• NeutralSSI Securities
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 58,376 bn VND |
| P/E | 12.2 |
| P/B | 1.53 |
| Close on 10/12/2026 | 19.05 |
| Change that session | +0.26% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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