The spotlight falls on the portfolio restructuring of the AFC Vietnam Fund. Specifically, the fund purchased 343,200 shares of EVE (Everpia Joint Stock Company) during the August 4 session, then sold 480,000 shares of HAX (Hang Xanh Automobile Services Joint Stock Company) in the August 5 session.
Following these transactions, the ownership ratio of EVE held by AFC Vietnam rose to over 14% (nearly 6 million shares), while the ratio at HAX fell below 5%, thus exiting the group of major shareholders of the Mercedes dealer.
| EVE stock price movement from the beginning of 2024 to the session on August 8, 2025 |
Notably, the increase in ownership of EVE occurred as the stock hit a one-year high during the August 4 session, before adjusting to 11,300 VND/share at the end of the week.
| HAX stock price movement from the beginning of 2024 to the session on August 8, 2025 |
In contrast, the sale of HAX was carried out as the share price declined from its one-year peak on July 28, falling 12% to 15,500 VND/share by the end of the August 5 session. The downward trend continued following the news of HAX‘s unsuccessful auction of a 6,300 sq. m land lot on Vo Van Kiet Street in the former Binh Tan District, Ho Chi Minh City.
| CTD stock price movement from the beginning of 2024 to the session on August 8, 2025 |
Following a similar selling trend, the KIM fund also reduced its ownership ratio in Coteccons Construction Joint Stock Company (CTD) to below 6% (approximately 5.9 million shares) after selling 200,000 shares in the August 5 session, estimated to have raised about VND 16 billion.
This move came just before Coteccons announced its plan to issue over 5 million bonus shares (at a ratio of 20:1), increasing its charter capital from VND 1,036 billion to over VND 1,087 billion.
Source: VietstockFinance
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– 07:28 10/08/2025
Stock Market Week of 04-08/08/2025: Holding the Line
The VN-Index remained in positive territory despite a volatile session to end the week, capping off a strong performance with a near 90-point gain. While foreign investors have been net sellers in recent sessions, a reversal of this trend in the coming week could further bolster the current upward momentum and propel the index to new highs.
Stock Market Week 11-15/08/2025: No Retreat, No Surrender
The VN-Index remained in positive territory despite a volatile session last Friday, capping off a strong week with a nearly 90-point gain. While foreign investors have been net sellers in recent sessions, creating some pressure, a reversal of this trend next week could bolster the current upward momentum and propel the index to new heights as it continues its ascent.
“VinFast’s $2 Billion Indian Factory: Coteccons’ Lightning-Fast Construction Completed in 17 Months”
For the second time, Coteccons has joined forces with VinFast, taking on the construction of a vast majority of the categories at the Hai Phong factory, including the main workshop area and auxiliary projects.
“Unsuccessful Auction for Prime Land on Vo Van Kiet Street”
On August 1st, the Board of Directors of Hai Xang Car Services Joint Stock Company (HOSE: HAX) announced the cancellation of the auction for a 6,282.6 sqm land plot located on Vo Van Kiet Street in the former Binh Tan District of Ho Chi Minh City due to a lack of participants.
Technical Analysis for August 1st: Pessimism Persists
The VN-Index and HNX-Index both witnessed a decline, alongside a dip in trading volume, indicating a cautious sentiment among investors.
