CRV surged to its ceiling price, reaching 31,200 VND/share on its listing day.

On October 10, 2025, the Ho Chi Minh City Stock Exchange held a ceremony to present the listing decision for CRV shares to CRV Real Estate Group Joint Stock Company.

Specifically, CRV officially listed over 672.4 million shares with a total listed value (at par value) of over 6,724 billion VND, a reference price of 26,000 VND/share, and a market capitalization at the time of official listing of approximately 21,000 billion VND, thus "surpassing" many big names in the real estate industry on the stock exchange such as Phat Dat (15,600 billion VND), DIC Corp (13,000 billion VND) or Dat Xanh (13,000 billion VND).

CRV Real Estate is a business belonging to the Hoang Huy Financial ecosystem (code: TCH), established in 2006 with a charter capital of only 5 billion VND. By early 2022, the company's charter capital had reached 6,724 billion VND.

CRV Real Estate is known for a series of large projects in Hai Phong , including Hoang Huy New City – II in Thuy Nguyen, covering 49.4 hectares with a total investment of over 15,000 billion VND; Hoang Huy Commerce in Kenh Duong - Vinh Niem with an investment of 3,706 billion VND; and Hoang Huy Grand Tower (So Dau) with an investment of 1,486.5 billion VND, which has already put thousands of apartments into use.

Currently, Hoang Huy Investment and Service Joint Stock Company (Code: HHS) - a member of the Hoang Huy ecosystem - holds 51% of CRV's shares. The Chairman of the Board of Directors of CRV is Mr. Do Huu Ha. Mr. Ha also currently holds the highest leadership position at TCH and HHS.

According to the consolidated business performance report, CRV's net revenue in 2023 and 2024 reached over VND 3,255 billion and VND 2,194 billion respectively, with after-tax profits of over VND 987 billion and VND 462 billion. At the end of Q2/2025, CRV's net revenue reached over VND 163 billion, with after-tax profit of VND 24 billion.

In 2025, CRV aims for revenue of VND 4,000 billion and after-tax profit of VND 1,600 billion, representing increases of 82% and 250% respectively compared to the previous year. In 2026, the target is further increased to VND 5,000 billion in revenue and VND 2,000 billion in profit, with the expectation of placing CRV among the fastest-growing real estate companies on the HoSE stock exchange.

At the listing ceremony, representatives from HOSE congratulated CRV on its first trading session. As the market operator, HOSE will always accompany and support businesses in fulfilling their obligations as listed companies, especially the obligation to disclose information and update regulations and policies related to the securities market.

Source: https://baodautu.vn/crv-tang-kich-tran-dat-31200-dongcp-ngay-chao-san-d409044.html