BCR Stock Surges as Bamboo Capital Ecosystem Stocks Rally
On May 16, 2025, BCR stock of BCG Land JSC witnessed a remarkable surge, skyrocketing by 44.4% to reach a price of 2,600 VND per share. This upward momentum marked the fourth consecutive trading session of gains, with a significant spike in trading volume to 14 million units. The sell-side pressure eased, leaving the stock with a buying queue of 5.7 million shares at the ceiling price.
This positive development is in line with the recovery of other stocks within the Bamboo Capital ecosystem, including BCG (Bamboo Capital), TCD (Tracodi), and BGE (BCG Energy), which have also been on an upward trajectory.
The bullish trend comes as a relief to investors following a challenging period triggered by the news of legal charges against Mr. Nguyen Ho Nam, former Chairman of Bamboo Capital, in early March 2025. The situation further escalated with the prosecution of Ms. Huynh Thi Kim Tuyen, Vice Chairman of the Board of Directors, and Mr. Le Nong, Deputy General Director of BCG Land, announced on February 28, 2025.
In response to these developments, BCG Land made leadership changes, relieving Mr. Nguyen Thanh Tung of his duties as CEO and appointing him as Vice Chairman of the Board of Directors. Additionally, the company accepted the resignations of Mr. Pham Dai Nghia, Mr. Le Nong, and Ms. Le Nguyen Phuong Thao.
Adding to the dynamics, Mr. Nguyen Tung Lam, Vice Chairman of the Board of Directors, offloaded his entire holding of over 3.09 million BCR shares, representing 0.65% of the charter capital, on May 5, 2025. Similarly, Mr. Nguyen Khanh Duy, a member of the Board of Directors, registered to sell more than 2 million BCR shares, equivalent to 0.43% of the charter capital, from May 13 to June 6, 2025.
Furthermore, Ms. Huynh Thi Thao, Chief Accountant of BCG Land, registered to sell her entire holding of 280,450 BCR shares from May 5 to May 23, 2025. Preceding these moves, Mr. Pham Huu Quoc, Deputy General Director, sold his entire holding of 309,000 BCR shares on April 14 and 15, 2024.
Established in March 2018, BCG Land primarily focuses on real estate and infrastructure businesses. Despite the recent stock price recovery, the company continues to face challenges, with the Ho Chi Minh City Stock Exchange (HOSE) placing its parent company, Bamboo Capital’s BCG stock, under control starting May 13 due to delayed publication of its 2024 audited financial statements.
The IPO Tsunami: VN-Index Surges Past 1,300
The two market indices continued their upward trajectory during the trading week of May 12-16. The VN-Index climbed a total of 2.69%, reaching 1,301.39 points, despite a minor dip in the final trading session. Similarly, the HNX-Index mirrored this positive performance, gaining 2.13% to close at 218.69 points.
The Ultimate Guide to Stock Market Success: Unveiling the Secrets of the Bulls and Bears
The foreign sector has been on a buying spree of Vietnamese stocks in the third week of 2025.
The Big Buy: Foreign Investors Go on a Shopping Spree, Splurging on Vietnamese Bank Stocks
Foreign transactions continue to be a bright spot, with net buys of 891 billion VND in today’s session.
The Two Bank Stocks Prop Traders Were ‘Accumulating’ in the May 15th Session
The proprietary trading arms of securities companies were net buyers to the tune of VND33 billion on the Ho Chi Minh Stock Exchange (HoSE).
The Viconship Group Raises Stake to 11.6% in Hai An Port Handling
“A group of shareholders, Viconship, and two related legal entities have been steadily increasing their stake in Hai An Port Services. On May 13 and 14, they collectively purchased over 1 million additional HAH shares, bringing their total ownership to an impressive 11.6% of the company’s capital.”
