The Ho Chi Minh City Stock Exchange (HOSE) announces a supplementary list of securities ineligible for margin trading.
Accordingly, HOSE has recently added TAL, the ticker symbol for Taseco Real Estate Investment Joint Stock Company, to the list of securities ineligible for margin trading. This is due to the company’s listing period being less than six months.
On August 1, 2025, HOSE organized a listing ceremony for Taseco Real Estate Investment Joint Stock Company (TAL) and officially traded 311.85 million TAL shares, with a total listing value of over 3,118 billion VND based on par value. TAL’s reference price on its first trading day was 25,500 VND per share, with a price fluctuation limit of ±20%.
According to the Consolidated Financial Statements, TAL’s net revenue in 2023 and 2024 was over 3,237 billion VND and 1,684 billion VND, respectively, with corresponding after-tax profits of over 472 billion VND and 685 billion VND. In the first quarter of 2025, TAL’s net revenue reached over 375 billion VND, with an after-tax profit of 22 billion VND.
On August 6, the share price rose to 30,850 VND per share, an increase of nearly 21%, with a market capitalization of over 9,600 billion VND.
Previously, in late July, HOSE removed BSR shares of Binh Son Refinery and Petrochemical Joint Stock Company from the list of securities ineligible for margin trading as the company resolved its margin trading eligibility issues.
As of August 1, 2025, there were 62 ticker symbols on the HoSE that were restricted from margin trading, including notable names such as BCG, HAG, HVN, NVL, TDH, LDG, VPL, VSH, and ORS.
HOSE Updates August Margin Cuts: 62 Tickers Including HAG, NVL, LDG, BCG, and HVN Make the No-Margin List.
“As per the new regulations, investors will no longer be able to utilize the margin credit facility provided by brokerage firms to purchase these 62 specific stocks. This means that investors will have to rely on their own funds or other sources of financing if they wish to invest in these particular securities.”
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