What’s happening: A stock traded over 2 trillion VND only in the morning session

The stock market on July 7 saw the Saigon – Hanoi Bank (SHB) experience active trading, with over 151 million shares exchanged, amounting to over 2.01 trillion VND. Since early 2025, SHB has recorded 10 trading sessions exceeding 100 million units, setting records on the market. The stock price soared to 13,650 VND, the highest in over three years, reflecting a 53% increase since the start of 2025. SHB aims for a pre-tax profit of 14.5 trillion VND in 2025 and plans to increase total assets to 832 trillion VND. By the end of Q1 2025, SHB reported total assets of 790.742 trillion VND and nearly 4.4 trillion VND in pre-tax profit. The bank announced a 5% dividend payout for the 2024 fiscal year and plans to raise its charter capital to nearly 46 trillion VND, reaffirming its position as one of the five largest private banks in Vietnam.

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