Following the indictment of Nguyễn Hồ Nam, former chairman of Bamboo Capital (BCG), shares of BCG, BCR, BGE, and TCD saw a significant drop. Notably, BCG recorded over 71 million units available at the floor price. Bamboo Capital reported the indictment and stated that business operations continue as usual. Additionally, two senior executives of BCG Land are also indicted. Related stocks like CTG, NAB, TPB, ORS, SHS also fell sharply. On February 25, the Hanoi Stock Exchange suspended trading of BCG Land and Helios bonds at the request of authorities, due to the ties with Bamboo Capital’s case.
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