A Securities Firm’s Stock Soars Right Before an Extraordinary Shareholders’ Meeting

On November 26, VIX Securities Corporation’s stock soared the maximum limit of 7% to 24,500 VND/share, with a trading volume of 61 million shares after a decline from 40,000 VND/share to below 23,000 VND/share. The surge occurred before the extraordinary shareholders’ meeting scheduled for November 28 to adjust the business plan and offer new shares to existing shareholders at 12,000 VND/share. VIX plans to issue 919 million shares, increasing its charter capital from 15,314 billion VND to 24,502 billion VND, raising approximately 11,000 billion VND for investment in a cryptocurrency exchange and expanding margin lending. VIX also raised its 2025 profit target to 6,500 billion VND, a 433% increase from the initial plan. In Q3, the company reported a pre-tax profit of 3,048 billion VND, an increase of 839% year-on-year. As of September 30, 2025, total assets reached nearly 31,535 billion VND.