Two foreign securities companies have problems connecting to HoSE.

On the same morning of December 23, NH Vietnam Securities Company Limited and Funan Securities Joint Stock Company (FNS) announced that they had problems connecting to HoSE. NHSV has completely fixed it since 10:26.

On the same morning of December 23, NH Vietnam Securities Company Limited and Funan Securities Joint Stock Company (FNS) announced that they had problems connecting to HoSE. NHSV has completely fixed it since 10:26.

Recently, two securities companies, NH Vietnam Securities Company Limited (NHSV) and Funan Securities Joint Stock Company (FNS), jointly announced information about an information technology incident. Accordingly, from 9:07 a.m. on December 23, 2024, NHSV's data transmission line to the Ho Chi Minh City Stock Exchange (HoSE) had a connection problem, so customer orders for stocks on the HoSE were interrupted. By 10:26 a.m. on December 23, 2024, this incident was completely resolved by NHSV and customers were able to trade normally.

Similarly, Funan Securities also announced information about the interruption of the trading system connection with HoSE. Specifically, at 9:00 a.m. on December 23, 2024, FNS was unable to connect to HoSE services from 9:00 a.m. Currently, FNS has not provided information on whether this unit has resolved this problem or not.

NHSV, formerly known as Bien Viet Securities, was established in 2006 and is a 100% owned subsidiary of NH Investment & Securities - one of the largest securities companies in Korea, a member of NongHyup Financial Group.

As of September 30, 2024, NHSV has a charter capital of VND 1,239 billion. In the first 9 months of 2024, the company earned a net profit of VND 11.5 billion, down 66% over the same period last year. Brokerage services are the main source of revenue for the company.

FNS, formerly known as Southern Securities Joint Stock Company (MNSC), was established in 2008. The company changed its name for the first time (in 2011) to Phuong Nam Securities Joint Stock Company (PNS). By the end of February 2018, the company continued to change its name to Funan Securities (FNS).

Currently, FNS has a charter capital of VND 463.1 billion. In the first 9 months of 2024, the company recorded more than VND 20.2 billion in profit after tax, down 45% over the same period. Profits from financial assets recorded through profit/loss (FVTPL) and interest from loans and receivables account for a large proportion of the operating revenue structure.

Source: https://baodautu.vn/hai-cong-ty-chung-khoan-ngoai-gap-su-co-ket-noi-den-hose-d234933.html