Stocks related to billionaire Tran Dinh Long explode after the holiday

(Dan Tri) - HPG shares increased sharply after the holiday, billionaire Tran Dinh Long's assets increased by 77 million USD.

In the trading session on September 3, the stock market was under great pressure from pillar stocks. Some large-cap stocks such as MWG, VIC, VCB, SSI fell sharply, causing a drag on the general index.

At the end of the session, VN30 decreased by 5.79 points with many codes decreasing by more than 2% such as MWG, VIC, VCB, SSI. Of which, MWG ( Mobile World Investment) decreased the most with a decrease of 2.82%.

Group of stocks strongly affecting the index (Screenshot).

On the other hand, HPG shares of Hoa Phat Group exploded with an increase of 2.3%, trading volume of over 119 million units. Foreign investors also focused on net selling this code with the largest trading value, over 948 billion VND.

Billionaire Tran Dinh Long's assets - Chairman of Hoa Phat - also increased by 77 million USD, reaching 2.8 billion USD, according to Forbes' update.

Along with that, MBB (Military Bank) increased by 2.5%, helping to regain the index's downward momentum. This code was traded for more than VND 1,315 billion, contributing the most positive influence to the index.

Some real estate stocks also had good growth momentum today, strongly affecting the index such as DXG (Dat Xanh), DIG (DIC Corp), CII (Technical Infrastructure Investment), PDR (Phat Dat), NVL ( Novaland ).

Notably, PDR shares are about to have a deal worth thousands of billions from Mr. Nguyen Van Dat - Chairman of the company. It is expected that from September 5 to October 3, Mr. Dat will register to sell 88 million PDR shares to solve personal financial needs. The transaction may reduce Mr. Dat's ownership ratio by 9%, down to 27.7% of the company's capital.

Novaland has significant doubts about the group's ability to continue as a going concern by the auditors. The group may be unable to successfully implement one or more of its plans, which, combined with other future events and conditions, may make it impossible for the business to continue as a going concern.

According to the audited consolidated mid-year financial report, Novaland incurred a loss of VND666 billion in the first half of the year, with a negative operating cash flow of VND7,456 billion (negative VND4,127 billion in the same period last year).

In addition, as of June 30, the group has not yet fulfilled a number of short-term debt obligations due related to loans, bonds and payables.

Novaland's management believes that the company will have sufficient working capital for its business operations and will be able to meet its obligations due in the next 12 months from the date of approval of the interim consolidated financial statements. Therefore, it is appropriate to continue to prepare the interim consolidated financial statements on a going concern basis.

Returning to the market developments, VN-Index closed down 0.91 points, to 1,681.3 points. Foreign investors net sold 2,875 billion VND, with strong net selling codes such as HPG, VPB, FPT, MSN, MWG...

Source: https://dantri.com.vn/kinh-doanh/co-phieu-lien-quan-ty-phu-tran-dinh-long-bung-no-sau-ky-nghi-le-20250903152731777.htm