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The One Billion Dong Stock Trading Competition was launched on August 1, 2023. After 2 rounds of competition in 4 months, the competition has proven its heat with over 7,000 participants, awarding 1.5 billion dong in prizes and the Master Investor super prize worth 500 million dong in cash.
Demonstrating their independent investment experience, investors at Pinetree have achieved superior profits, with the highest recorded at 52.9%. Over 70% of eligible participants achieved positive returns in round 2, despite the unpredictable market. The NAV scale of eligible investors reached nearly 1,000 billion dong per round.
Mr. Lee Jun Hyuck (CEO of Pinetree Securities – left) and Mr. Pham Quang Minh (Director of CafeF, right) present the award to the Master Investor
Mr. Mai Huu Luat (Master Investor Award) made an impression when he shared that he has been a Pinetree customer since the early days when Pinetree joined the Vietnamese market: “At the end of 2019, I saw a new Korean company that had a very special policy at that time – free lifetime trading. At that time, not many companies had this policy. After using the system for a while, I transferred all my assets here to trade faithfully”. He revealed that MBB stocks were the stocks he held since 2022, helping him achieve a well-deserved victory in the competition stage.
At the ceremony, investors also had lively discussions about their investment experiences and market views.
“The competition period was when the market was sideways and it was difficult to choose stocks. However, I had a stock that accounted for a large proportion, for over 2 years, which was HAG. When I heard the sharing from Mr. Duc (Chairman of the Board of Directors – Hoang Anh Gia Lai JSC) about green agricultural projects, I felt confident to hold it”. – Mr. Le Anh Tuan (Third prize, Whale group – Round 2) shared.
Or like Ms. Nguyen Thi Thanh Van (First prize, Koi Fish group – Round 2) chose to invest in banking stocks because it is the industry she works in and understands the most.
Although each person has a different investment method, they all have one thing in common: they invest in businesses that they understand the best, using technical analysis to make safe entry points.
Speaking at the award ceremony, Mr. Pham Quang Minh – Director of CafeF, emphasized: “During the competition period, although VnIndex fluctuated, it was on an upward trend. That created good opportunities for investors in the One Billion Dong Stock Trading Competition. The competition was professionally organized. Besides the big prizes, investors were also able to trade with low margin interest rates and enjoy preferential policies, which were the factors that attracted over 7,000 participants”.
Mr. Pham Quang Minh – Director of CafeF
Representing the organizing unit, Mr. Lee Jun Hyuck – CEO of Pinetree Securities, shared: “Pinetree has no branches, no brokerage. This business model is based on the belief that independent investors can still achieve profits as expected. And the victory of the competition participants has somewhat proven that right belief. Unlike derivatives, the spot stock market is not a Zero Sum game where everyone can achieve profit (win-win). The award ceremony with the sharing of secrets from independent investors of Pinetree, I believe will be very useful for the investment community.”
Mr. Lee Jun Hyuck – CEO of Pinetree Securities
With a comprehensive digital securities direction, focusing on customers, Pinetree Securities is one of the few digital securities companies that is applying the best preferential fee policies, including free lifetime trading and a fixed margin interest rate of 9.9% per year for all investors. At the same time, investing heavily in technology will help investors have a smooth and fast trading experience.
Refer to lifetime free trading here
