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HNX announces stocks in Upcom Premium set

Jun 22nd at 13:42
22-06-2016 13:42:35+07:00

HNX announces stocks in Upcom Premium set

The Ha Noi Stock Exchange (HNX) announced a list of 86 stocks in the Upcom Premium set in the official unlisted market on Monday.

 

The stocks in the set were those that met the criteria of the financial report and the standard of information disclosure in the stock market.

Under the specific conditions for stocks on the Upcom Premium set, companies with a minimum charter capital of VND120 billion(US$5.3 million) must have made a profit in the previous year and accumulated no losses, while companies with a minimum charter capital of VND30 billion must have a return on equity (ROE) of at least 5 per cent in the previous year and no accumulated losses. These criteria were considered based on the companies' latest audited financial statements.

From June 24, stocks in the unlisted market will be traded under two sets. While the Upcom Premium's stocks will be traded twice a week, stocks from the warning set, which were announced earlier in May, will only be traded on Friday.

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