Three investors were fined a total of 4.5 billion dong for manipulating shares of Kido (KDC) and for lending accounts used in the manipulation. Under the State Securities Commission's decision dated 28/10/2026, Thang Phú Minh, Lâm Thúy Hằng and Dương Thái Phương Thảo were each fined 1.5 billion dong for using 61 accounts to trade KDC shares repeatedly between 2/5/2024 and 6/1/2025, creating artificial supply and demand. The three are also banned for two years from trading securities and from holding positions at securities firms and fund managers in Vietnam, effective 2/11/2026. Separately, 17 individuals who lent their accounts were suspended from trading for nine months and face the same two-year bans, though no illegal gains were identified for them.
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Original headline: Xử phạt loạt nhà đầu tư thao túng cổ phiếu của Kido
Keywords
KDCmarket manipulationregulationVietnam
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Related tickers and likely impact
KDC
▼ Likely negativeKIDO Group
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Food & Beverage |
| Industry | Food Production |
| Market cap | 13,873 bn VND |
| P/E | 24.8 |
| P/B | 2.40 |
| Close on 10/30/2026 | 50.20 |
| Change that session | 0.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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- 61 Accounts Used to Manipulate Kido Shares, 3 Individuals Fined VND 4.5 Billion
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