Crypto Asset Firm’s Shareholders Surge to Record Highs in Early October Rally

All the aforementioned stocks are currently under warning or control status.

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Closing the session on October 1st, the stocks HBS of Hoa Binh Securities and VMD of Vimedimex Pharmaceutical JSC unexpectedly surged to their upper limits. HBS shares rose by 10% to reach 8,800 VND per share, marking the highest level in over a year. Trading volume for this stock also skyrocketed, with over 384,000 units changing hands, significantly surpassing the average volume of previous sessions.

Similarly, VMD shares recorded a “zero sell orders” status, with the price climbing to 19,350 VND per share, the highest in more than two years.

Notably, both stocks are currently under warning or control status. HBS has been under control since September 22nd due to delays in submitting its 2025 semi-annual financial report.

VMD was placed under warning status on September 23rd, 2025, for failing to submit its 2025 semi-annual financial report within 15 days of the deadline, as stipulated in Article 36, Clause 1, Point g of the Listing Rules and Trading of Listed Securities, issued under Decision No. 22/QD-HDTV dated April 18th, 2025, by the Board of Directors of the Vietnam Stock Exchange.

Additionally, both companies are shareholders in Vimexchange Cryptocurrency and Digital Asset Trading JSC, established in June 2025. With a chartered capital of 10,000 billion VND, Vimexchange is the first digital asset company in Vietnam to reach this capital threshold.

Hoa Binh Securities contributed 200 billion VND, holding a 2% stake in Vimexchange. Vimedimex Pharmaceutical Group invested 5,000 billion VND, securing a 50% stake. Vimedimex’s largest shareholder, Vimedimex 2 Pharmaceutical JSC, also holds a 15% stake in Vimexchange.

Other notable shareholders in Vimexchange include Bao Tin Manh Hai Jewelry JSC, Hoa Binh Investment and Development JSC, Bien Tien Sa JSC, Vietnam Development Investment Group JSC, and International Fund Management JSC.

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