Add KDM and CET stocks to the list of stocks that cannot be borrowed on margin

Last week, the Hanoi Stock Exchange (HNX) added to the list of stocks that are not eligible for margin trading (margin cut) including: VLA, KDM, WSS, CET, TTH.

In particular, shares of GCL Group (Code: KDM) and HTC Holding Company (Code: CET) had their margin cut because their after-tax profit on the 2024 audited semi-annual financial statement was negative.

Many stock codes were added by HNX to the margin cut list (Photo TL)

The cases of Wall Street Securities Company (Code: WSS), Tien Thanh Trading and Service Company (Code: TTH) and Van Lang Technology Investment and Development Company (Code: VLA) had their margins cut due to undistributed after-tax profits for the first half of 2024 and after-tax profits for the first half of 2024 being negative.

Among the above companies, Wall Street Securities has just recorded a loss of 24 billion VND in the first 6 months of the year. In the same period last year, the company also reported a loss of 16 billion VND. The reason for the explanation was due to the re-evaluation of financial asset provision expenses and losses from financial asset impairment.

In addition, HNX is also considering compulsory delisting of MHL shares of Minh Huu Lien JSC due to serious violations of information disclosure obligations.

Similarly, the case of 34.77 million shares coded SD6 of Song Da 6 Joint Stock Company with loss results for 3 consecutive years from 2021-2023 is also expected to be delisted on August 23, 2024. On the same day, shares coded DVG of Dai Viet Group Joint Stock Company were also delisted because the auditing organization refused to give an audit opinion on the company's separate and consolidated financial statements for 2023.

Source: https://www.congluan.vn/them-co-phieu-kdm-va-cet-vao-danh-sach-khong-duoc-vay-ky-quy-post308646.html