The Ho Chi Minh City Stock Exchange (HoSE) has just updated the list of stocks that are not eligible for margin trading. As of November 19, the number of stocks with margin cut on HoSE is 66.
In particular, HoSE has just added PDV shares of Phuong Dong Viet Transport and Logistics Joint Stock Company to the list of securities ineligible for margin trading due to the listing period of less than 6 months.
Previously, more than 60 million PDV shares were transferred from UPCoM to HoSE. Many shares have been listed for less than 6 months so they are not allowed to trade on margin such as: CDC Construction Joint Stock Company (stock code: CCC), Real Estate Group (stock code: CRV), Vinpearl (stock code: VPL) of billionaire Pham Nhat Vuong...
66 stocks had their "margin" cut on the HoSE floor (Photo: Huu Khoa).
In addition to the group of transferred floors, HoSE said other reasons for securities being removed from the margin list include: Stocks under warning/control/restricted trading; businesses with negative after-tax profits; audit reports with exceptions; or violations of tax regulations.
Some familiar codes continue to appear on the list such as BCG of Bamboo Capital, HVN of Vietnam Airlines , NVL of Novaland...
According to regulations, investors are not allowed to use the credit limit (margin) granted by the securities company to buy 66 stocks on the list of securities ineligible for margin trading.
Margin trading in stocks allows investors to borrow money from a brokerage firm to buy more stocks than they have on hand, using the purchased stocks as collateral. This increases potential profits but also increases the risk of loss if the stock price falls.
Source: https://dantri.com.vn/kinh-doanh/66-co-phieu-bi-cat-margin-co-nhieu-doanh-nghiep-cua-cac-ty-phu-noi-tieng-20251120122204904.htm
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