Margins slashed for 89 stocks on HNX in Q1 2024

The highlight of the HNX reserve requirement ratio reduction list is that a group of three APEC group stocks and one code have increased by more than 100% in less than two weeks. The Hanoi Stock Exchange (HNX) has just updated the list of securities that are not eligible for margin trading in the first quarter of 2024.

The list includes 89 tickers, with the most famous faces including API, IDJ, APS (3 members of the APEC group), DDG, HTP, LDP, MAC, NRC (HN:), OCH, TAR, VFS…

The main reasons leading to the above situation are: 2023 semi-annual audit losses, 2023 semi-annual financial reports and audit unit opinions, securities warnings/controls/restricted trading/trading suspension/securities may be delisted, and the listing period is less than 6 months. …

Notable on this list is HTP stock, which rose more than 100% between December 18 and 29, 2023, to reach VND 24,100 per share. However, the code was quickly sold out. In early trading on January 5, HTP’s stock price fell to VND18,000 per share.

>> Series of stocks whose profits were cut by HoSE in the first quarter of 2024: HAG (HM:), HNG (HM:), HVN (HN:), NVL (HM:), ITA (HM:), QCG (HUH:) ,…