VIX Securities (HoSE: VIX) raised over 11,026 billion VND from an offering of nearly 919 million shares priced at 12,000 VND each on April 20, 2026. Over 5,013 billion VND each was disbursed to proprietary investment and margin lending from April 22 to May 26, 2026, but the 1,000 billion VND earmarked to contribute capital to VIX's digital asset trading exchange had not been disbursed as of October 20, 2026. In Q3 2026, pre-tax profit fell nearly 94% year on year to 192 billion VND, with revenue down 36% to 2,047 billion VND and proprietary trading booking a net loss of 94 billion VND. For the first nine months, revenue fell 18% to 5,050 billion VND and pre-tax profit dropped nearly 92% to about 424 billion VND, mainly due to proprietary trading losses, leaving VIX at 12.1% of its 3,500 billion VND full-year pre-tax target. Total assets rose 16.6% to nearly 39,860 billion VND by September 30, 2026, while margin loans fell from 15,380 billion VND to 12,422 billion VND.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Chứng khoán VIX còn 1.000 tỷ đồng vốn huy động từ chào bán cổ phiếu chưa giải ngân
Keywords
VIXbrokeragesmargin lendingcrypto
Open a keyword to see other news on the same topic.
Related tickers and likely impact
VIX
• NeutralVIX Securities
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 32,546 bn VND |
| P/E | 19.4 |
| P/B | 0.99 |
| Close on 10/22/2026 | 12.55 |
| Change that session | -0.79% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- VIX Securities Reports 94% Plunge in Q3 Profit, Margin Loan Balance Falls 1,500 Billion VND in One Quarter
VIX Securities reported third-quarter 2026 pre-tax profit of 192 billion VND, down 94% year on year, and after-tax profit of nearly 174 billion VND, down 93%. Operating revenue fell 36% to 2,048 billion VND, while operating expenses surged from 50 billion to 1,744 billion VND. The main cause was the FVTPL (fair value through profit or loss) portfolio, where losses reached 1,717 billion VND and the net gap between gains and losses turned negative at about 87 billion VND, versus a positive 2,762 billion VND a year earlier. Brokerage revenue fell 60% to 37 billion VND, while lending and receivables brought in 337 billion VND, down 1%. As of September 30, 2026, margin loan balances fell about 1,500 billion VND from the end of Q2, and total assets rose 16.7% to 39,860 billion VND.
- VPS Maintains Top Brokerage Market Share, 9-Month Pre-Tax Profit Up 26.7%
Vietnam's VPS Securities (VCK) reported 9-month 2026 pre-tax profit of VND 4,044 billion, up 26.7% year on year, while operating revenue reached VND 6,949 billion, up 17.8%. In Q3 2026, operating revenue, pre-tax profit and after-tax profit fell 23.3%, 19.8% and 20.7% respectively, as market liquidity remained low, with average daily trading value across the three exchanges at about VND 18,600 billion, down 58%. Margin lending remained the main growth driver, with 9-month income of VND 2,926 billion, up 68.3%, and outstanding balances of VND 25,363 billion as of 30/9/2026, up 14.9% from the start of the year. VPS held a 11.54% brokerage market share on HOSE, ranking first, although 9-month brokerage revenue fell 25.6%. Trailing four-quarter ROE and ROA reached 15.6% and 8.9%, and the financial safety ratio stood at 988%, 3.8 times the 260% minimum.
- DNSE posts over VND 1,300 billion in operating revenue in first nine months, up more than 27%
DNSE reported operating revenue of VND 1,302.9 billion for the first nine months of 2026, up 27.3% year on year, with interest income from loans and receivables up nearly 33%. Margin loan balances reached VND 6,445 billion at the end of Q3. Nine-month pre-tax profit was VND 171.3 billion and after-tax profit was VND 135.8 billion, as total costs rose 62% and the company cited weaker market liquidity and VN-Index movements. According to HNX, DNSE's derivatives brokerage market share hit a record 26.62% in Q3, and its securities accounts reached 2 million in September 2026, roughly one-seventh of all securities accounts in the market.
- SSI Securities' Q3 2026 profit revealed
SSI estimates Q3 2026 revenue at VND 3,219 billion and pre-tax profit at VND 1,388 billion, with pre-tax profit down 24% year on year. For the first nine months of 2026, consolidated revenue is estimated at VND 9,871 billion and pre-tax profit at VND 4,510 billion, up 5% and 11% respectively, completing 77% of the full-year profit plan. As of September 30, 2026, the parent company's total assets reached VND 92,441 billion and equity VND 38,057 billion. In Q3, SSI held an 11.09% share of brokerage on HOSE, margin lending revenue rose 11% to VND 1,115 billion with a margin loan balance of VND 38,294 billion, and investment activities contributed about 46% of quarterly revenue.
- Largest securities firm lends over US$2 billion
TCBS, the largest securities firm in the market, had margin lending balances of about VND 54,739 billion, up 25.6% from the start of the year, with nearly all of it (about VND 54,400 billion) used for margin. Lending was the main growth driver in the third quarter, accounting for 44% of revenue, or VND 1,561 billion, while total revenue reached VND 3,534 billion, up nearly 12%. Third-quarter pre-tax profit was VND 2,152 billion, up 6.3% and the highest ever, and nine-month pre-tax profit reached VND 5,708 billion, or 76% of the full-year plan. As of September 30, total assets were nearly VND 97,000 billion, and the margin lending-to-equity ratio stood at 1.15 times, below the 2 times regulatory limit. TCBS is a subsidiary of Techcombank, which owns nearly 80% of it, and currently leads the sector in charter capital, margin loan balances and market capitalization.
- Why are securities stocks lagging despite high expectations?
Securities stocks have remained weak despite expectations of gains from FTSE Russell's market upgrade and capital market development. According to VietstockFinance, as of 09/10/2026 the sector index was down 23.46% year-to-date, much deeper than the 2.77% decline of VN-Index, and had lost 39.92% over the past year. About 80% of the 43 sector stocks were more than 20% below their recent peaks, a threshold commonly used to define a bear market. Võ Kim Phụng of Chứng khoán Beta said the sector's earnings depend on liquidity, margin lending and interest rates, and that expected gains were priced in earlier; in Q3/2026, average daily trading value on HOSE and HNX fell 58% year-on-year.
Related markets
Latest news
- 3 reasons SpaceX could fall short of $1 trillion revenue goal
Host Ejaaz Ahamadeen outlines three obstacles that could keep Elon Musk's SpaceX (SPCX) from reaching a $1 trillion revenue goal. First, capex of $35 billion to $40 billion raises funding questions, with Tesla's balance sheet cited at about $43 billion and rumors that Musk is seeking $30 billion to $50 billion before the Anthropic IPO. Second, moving from GB300 to Vera Rubin GPUs may prove technically harder, as the host doubts Jensen Huang's claim that the new chips take about 5 minutes to bring online and notes that next-gen GPUs have historically taken time to deploy. Third, revenue forecasts diverge sharply: JP Morgan projects $254 billion next year, while Musk's estimate is $500 billion to $1 trillion.
- SpaceX Just Crushed Wall Street's Q3 Targets -- but a Potential Tesla Merger Is Even Bigger News
SpaceX reported third-quarter adjusted EPS of $0.45 on sales of $14.58 billion, far above analyst averages of $0.13 and $12.72 billion. Revenue rose 161% year over year and net income swung to $4.4 billion from a $1.1 billion loss a year earlier; Starlink sales grew 69% to $5.25 billion, while the superintelligence segment rose about 830% to $7.56 billion. The company guided first-quarter 2027 sales to $33–37 billion, and Musk said he expects annual recurring revenue of $500 billion–$1 trillion by the end of next year. On the call, Musk said special committees had been formed to explore a merger with Tesla, that he could not take part due to conflicts, and that merging was a good idea, though shareholder approval equal to 50% of total shares would be a significant hurdle.
- Blackstone's Jon Gray says CoreWeave can 'find a way through' financing pressure
Blackstone COO Jon Gray told CNBC that CoreWeave, despite concerns about its massive debt, will “find a way through” its financing challenges and that its underlying business is strong. CoreWeave has about $51.6 billion in total debt, including roughly $35 billion in notes, bonds and loans, and its shares fell 3.55% Thursday and 14% over the past week as investors questioned how it will fund its data centers. Gray said demand for computing power is strong while supply is constrained, and that if neoclouds get through this phase, compute pricing is up 50%. Blackstone's third-quarter revenue of $3.22 billion missed the $3.28 billion expected, while adjusted EPS of $1.32 beat the $1.26 consensus; Gray called it a challenging quarter due to high energy prices and rising Treasury yields. He expects a strong fourth quarter and 2027, and IPOs to resume once markets calm.
- Chip stocks break a bear trap after a $2.6 trillion rout — here are the levels bulls need to hold
The PHLX Semiconductor Index (^SOX) is down about 3% after dipping to 11,000, a support level that has rescued chip stocks twice since September, so the bear-trap rebound only holds if that floor does. Since Oct. 6, all 60 stocks in Yahoo Finance's chip basket have fallen, erasing about $2.7 trillion in market value; Lam Research and Applied Materials are each down nearly 30%, AMD nearly 20%, and Nvidia 9%. Lam fell despite record revenue because it said supply limits would cap its outlook and China sales would be “meaningfully down” in December. The Nasdaq 100 is down about 6% over the same period. The article flags 10,450–10,550 as the zone to watch if 11,000 breaks, and 12,600–12,700 as the level bulls must reclaim, while semiconductor ETFs saw record flows over the past week.
- A New Mexico Judge Just Hit Meta With a $25 Billion Penalty
On October 21, 2026, a New Mexico judge ordered Meta to pay the state $25 billion over misleading Facebook users about privacy in the Cambridge Analytica case, far above the FTC's $5 billion fine in 2019. Jurors found 26 of 29 statements misleading, and counting each statement per user or resident who saw it produced more than 43 million violations, with state law allowing up to $5,000 each; all the money goes to New Mexico schools. The judge said the conduct went to the heart of Facebook's core business and found that senior leaders, including Zuckerberg and Sandberg, misrepresented its privacy practices. Meta is appealing, has paid nothing, and interest keeps accruing, while the penalty equals about 2.5 times its $9.86 billion third-quarter net income.
- Meta is leading the way for hyperscalers, and don't sleep on the Tesla Cybercab
In this Yahoo Finance segment, Brian Sozzi highlights Meta (META) unveiling a new class of stock that could serve as a blueprint for other hyperscalers, the view that investors are overlooking Tesla's (TSLA) vehicle, and bearish sentiment around CoreWeave (CRWV). He then interviews P&G CFO Andre Schulten about encouraging growth and whether everyday product use has hurt the company with consumers.
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.