On May 15, shares of Saigon – Hanoi Commercial Joint Stock Bank (SHB) skyrocketed, reaching 13,650 VND/share, a 5% increase, with over 160 million shares traded, worth approximately 2.2 trillion VND. This surge was supported by foreign investors with nearly 300 billion VND net purchase. Simultaneously, shares of Saigon – Hanoi Securities (SHS) rose to 13,000 VND/share, the highest in seven months. SHB plans to achieve a pre-tax profit of 14.5 trillion VND for 2025, a 25% increase from last year, while proposing an 18% dividend for 2024. SHS reported a pre-tax profit of 325.7 billion VND in Q1 2025, completing 24% of its annual goal, and aims for a total revenue of 2.261 trillion VND, continuing its strategy to develop as a leading financial investment group.
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