Chứng khoán HD (HDS) approved an offering price of 38,900 dong per share for an IPO of nearly 121.8 million shares, which could raise over 4,737 billion dong and value the company at about 47,400 billion dong, roughly 1.8 billion USD, after the offering. The company plans to allocate 60% of proceeds to margin lending, 10% to advances on securities sales, and the rest equally to corporate and government bonds, disbursed from Q4 2026 to the end of Q2 2027. As of September 30, 2026, equity reached 14,041 billion dong and margin loans reached 10,746 billion dong. In the first nine months of 2026, revenue was 3,018 billion dong, 2.6 times the same period last year, and pre-tax profit was 2,241 billion dong, 3.7 times higher, with investment banking accounting for 36.5% of revenue. The IPO is a step toward listing, and registration details will be announced after the State Securities Commission grants the registration certificate.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Chứng khoán HD chốt giá IPO 38.900 đồng/cổ phiếu, định giá sau phát hành khoảng 1,8 tỷ USD
Keywords
HDSIPObrokeragesmargin lending
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Related tickers and likely impact
VNINDEX
▲ Likely positiveRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 11/04/2026 | 1,733.02 |
| Change that session | +1.97% |
VCI
• NeutralVietcap
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Financial Services |
| Industry | Investment Services |
| Market cap | 21,835 bn VND |
| P/E | 15.6 |
| P/B | 1.29 |
| Close on 11/04/2026 | 20.25 |
| Change that session | +6.86% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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