The Iconic “Bull and Bear” Statues: A Global Symbol of Stock Markets
For centuries, the global stock market has been symbolically represented by two iconic creatures: the bull and the bear. These timeless figures embody the market's dual nature, with the bull signifying optimism and upward momentum in a rising market, and the bear reflecting caution and defensiveness during downturns. This age-old metaphor continues to capture the essence of market dynamics, offering a vivid illustration of investor sentiment across cycles.
Throughout the industrialization era and the establishment of major stock exchanges like the New York Stock Exchange (NYSE) and the Frankfurt Stock Exchange, the bull and bear statues have become iconic symbols of financial culture. Positioned in front of trading floors, these statues serve as reminders to investors of market cycles, psychological influences, and the inherent balance between risk and opportunity.
In Vietnam, the bull and bear statues were installed in front of the Ho Chi Minh City Stock Exchange (HOSE) in July 2020, coinciding with the official launch of its new headquarters. However, after more than five years, in early December 2025, HOSE replaced the traditional bull and bear statue with a “charging bull” sculpture.
Globally, bull statues are predominantly featured at most stock exchanges, while a few still display both bull and bear statues side by side.
The Ho Chi Minh City Stock Exchange (HoSE) received the listing application for 149 million GDA shares of Dong A Steel Joint Stock Company on November 27, 2025.
The VPS Board of Directors has approved a credit facility with Techcombank, with a maximum credit limit of VND 6.9 trillion, to invest in Government bonds and Government-guaranteed bonds.
The People's Committee of Dong Nai Province has officially approved an investor's proposal for the Long Hung Bridge (Dong Nai 2 Bridge) construction project, to be implemented through a Public-Private Partnership (PPP) model.
On December 4, 2025, most VN30 and VN100 futures contracts closed higher. The VN30-Index extended its winning streak to five consecutive sessions, forming a small-bodied candlestick pattern accompanied by above-average 20-session trading volume, indicating investor hesitation.