On October 10th, CRV stock of CRV Real Estate Group officially traded on HOSE, climbing from the reference price of 26,000 VND/share to the ceiling of 31,200 VND/share, representing a maximum increase of 20%. The market capitalization reached nearly 21 trillion VND, surpassing many large real estate players such as Phat Dat and Dat Xanh. CRV, founded in 2006, increased its charter capital to 6.724 trillion VND early in 2022 and is part of the Hoang Huy financial ecosystem. The company has undertaken significant projects in Hai Phong. CRV aims to achieve 4 trillion VND in revenue and 1.6 trillion VND in post-tax profit by 2025. To realize this goal, CRV has planned to issue an additional 16.81 million shares to raise 437 billion VND for the Hoang Huy New City – II project.
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