More than 2.31 billion TCX shares officially traded, TCBS opens a new chapter of growth

(Chinhphu.vn) - Techcom Securities Joint Stock Company (TCBS) officially listed more than 2.31 billion TCX shares on the Ho Chi Minh City Stock Exchange, marking a big step forward in its development journey, affirming its pioneering position in the WealthTech strategy in Vietnam.

Ho Chi Minh City Stock Exchange (HOSE) held a ceremony to grant the listing decision to Techcom Securities Joint Stock Company (TCBS) - stock code TCX - Photo: VGP

Successful listing of more than 2.31 billion TCX shares

On October 21, Ho Chi Minh City Stock Exchange (HOSE) held a ceremony to grant the listing decision to Techcom Securities Joint Stock Company (TCBS) - stock code TCX, and officially listed more than 2.31 billion TCX shares for trading on HOSE.

Specifically, 2,311,308,021 TCX shares were listed at a reference price of VND46,800/share, with a fluctuation range of ±20%. At this price, TCBS's market capitalization reached more than VND108,000 billion, equivalent to about USD4.2 billion in the first trading session.

At the ceremony, TCBS received the Listing Decision and performed the gong-beating ceremony to open the first trading session. The event was attended by representatives of the Ho Chi Minh City Stock Exchange, Vietnam Technological and Commercial Joint Stock Bank ( Techcombank ), TCBS Board of Directors, along with shareholders, major investors and strategic partners.

Ms. Tran Anh Dao, Deputy General Director in charge of the Executive Board of Ho Chi Minh City Stock Exchange and Mr. Nguyen Xuan Minh, Chairman of TCBS

TCBS's pioneering journey in the WealthTech era

Established in 2008, TCBS is one of the first securities companies in Vietnam to choose a different path - not relying on traditional brokerage forces, but investing heavily in technology, data and user experience.

The "zero broker" strategy helps TCBS pioneer the implementation of a phy-gital distribution model, combining the TCInvest digital platform (digital) and the parent bank Techcombank ecosystem (physical), bringing a seamless digital investment experience to customers.

In the 2021-2025 strategic period, TCBS identifies the vision of becoming "Vietnam's Capital Flow Conductor", aiming to build a comprehensive WealthTech ecosystem. The company continuously makes its mark with outstanding initiatives.

Specifically, in 2021: Launching the feature of opening an account to choose a beautiful number 100% free online, attracting more than 30% of new accounts in the whole market during the COVID-19 social distancing period. In 2022: Becoming the first securities company in Vietnam to apply blockchain in corporate bond management, making transaction data transparent. In 2023: Pioneering free stock transactions with no time limit, creating a major turning point in the competition for investment services.

In the past two years, TCBS has continued to demonstrate its outstanding financial capacity by successfully mobilizing many international unsecured syndicated loans, with a total cumulative value of more than 991 million USD (25,378 billion VND) by 2025 - a record in the Vietnamese securities industry.

This success demonstrates the strong belief of international institutions in the WealthTech model that TCBS is pursuing, while affirming the company's solid position in the global capital market.

After more than 15 years of development, TCBS maintains its leading position in terms of operating efficiency in the industry, with its cost/revenue ratio (CIR) always among the lowest in the market.

In 2024, TCBS's pre-tax profit will reach VND4,802 billion. In the first nine months of 2025, pre-tax profit will reach VND5,067 billion, completing nearly 90% of the yearly plan. With equity of more than VND42,400 billion and charter capital of VND23,113 billion - the highest in the industry, TCBS continues to affirm its strong financial foundation.

In September 2025, TCBS attracted attention with its initial public offering (IPO). More than 575 million shares were registered by investors - 2.5 times the amount offered, attracting 26,000 investors, including 78 financial institutions and international investment funds with a total registered value of over 500 million USD.

Notably, 90% of registration orders were made online via the TCInvest platform, affirming TCBS's comprehensive digital transformation strength in the IPO process.

Just 30 days after announcing the IPO results, TCX shares were approved for listing, becoming one of the first deals to apply Decree 245/2025/ND-CP - demonstrating the ability to implement quickly, standards and close coordination between enterprises - management agencies - exchanges.

Mr. Nguyen Xuan Minh - Chairman of TCBS speaking - Photo: VGP

Speaking at the listing ceremony, Mr. Nguyen Xuan Minh - Chairman of TCBS expressed his deep gratitude to the management agencies, shareholders, partners and parent bank Techcombank for accompanying him throughout the development process.

Mr. Nguyen Xuan Minh emphasized: Today's listing ceremony is not only a milestone, but also the beginning of a new growth journey. TCBS will continue to expand its scale, optimize profits, and meet the expectations of domestic and foreign investors. In the period of 2025-2030, the company aims to expand into new areas such as crypto assets, digital gold, peer-to-peer lending (P2P), crowd-funding..., aiming at the regional asset management market."

Ms. Hoang Thi Hoa, Senior Operations Director - Dragon Capital Vietnam, commented: TCBS is a leading securities company and a typical successful start-up in Vietnam. The company owns a standard operating system, a high-quality staff and an open strategic mindset, in line with market trends.

"The listing of TCX on HOSE is not only an important milestone for TCBS but also demonstrates the increasing attractiveness of the Vietnamese stock market," said Ms. Hoang Thi Hoa.

TCBS – a subsidiary of Techcombank – is currently the most profitable securities company in Vietnam for 6 consecutive years (2019–2024). Not only strong in investment products and diverse financial solutions, the company also owns a pioneering information technology team pursuing the global WealthTech model.

In 2025, TCBS will be given an initial issuer credit rating of AA- (Very Good) by FiinRatings, with a "Stable" outlook - the highest level among rated securities companies in Vietnam.

Recently, the company approved a 2024 dividend payment plan of 5% in cash and 20% in shares, demonstrating its solid financial foundation and commitment to bringing sustainable value to shareholders.

Dividend payment source is taken from undistributed profit after tax, shareholder list closing date is October 30, 2025.

Mr. Minh

Source: https://baochinhphu.vn/hon-231-ty-co-phieu-tcx-chinh-thuc-giao-dich-tcbs-mo-chuong-moi-tang-truong-102251021170846442.htm