A Stock Unexpectedly Surges 40% in One Session

The stock HLO of Ha Lo Technology Joint Stock Company has surged by 40% in a trading session at the Hanoi Stock Exchange, reaching a price of 21,000 VND per share. This remarkable increase is due to HNX regulations allowing a ±40% trading range on the first day back after 25 consecutive sessions without trading. HLO had not traded since June 2025, when its stock price dropped by 11% to 15,000 VND. Established in 2014, the company specializes in supplying chemicals and technical services in technology. In 2024, HLO achieved a revenue of 109 billion VND, up 8% from the previous year, with net profit reaching 8.7 billion VND, a 61% increase. The company plans to increase revenue to 131 billion VND and net profit to 13.1 billion VND in 2025, focusing on market expansion and improving product quality.

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