On October 13, VIX released its Q3 2025 financial results, showing revenues of 3.222 trillion VND, a 482% increase from the same period last year, and pre-tax profits soaring to 3.048 trillion VND, more than nine times that of Q3 2024. This growth is attributed to proprietary trading, with profits from financial assets hitting 2.751 trillion VND. After cashing out from stocks like VSC, BSR, HAH, and PC1, VIX plans to invest 2 trillion VND in the IPO of VPBankS. The IPO has garnered significant institutional interest, with 6 trillion VND registered for purchase within a day. If successful, this investment will surpass VIX’s stake in GEX. VPBankS aims to raise over 12.712 trillion VND by issuing 375 million shares at 33.900 VND each, with a projected P/E ratio of 14.3. The bank reported a profit of 3.260 trillion VND in 9 months and aims to become the top in margin lending by 2030.
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