SSI Securities Chairman talks about the trade war

On the afternoon of April 18, at the 2025 annual general meeting of shareholders of SSI Securities Corporation (SSI Securities), many shareholders questioned Chairman of the Board of Directors Nguyen Duy Hung on many issues related to investing in digital assets and the stock market during the risky period of the trade war.

Responding to the question about the rather high profit target for 2025 (over 4,252 billion VND), Mr. Hung emphasized that no one dares to affirm that they will not be affected, but he is confident that the company will complete the set plan.

Mr. Hung reassured shareholders that SSI is one of the companies that always puts risk management first and after many ups and downs of the stock market, SSI is still at the forefront.

Overview of SSI Securities 2025 shareholders' meeting

In addition, SSI has enough money and is ready to increase margin debt for investors.

Regarding the management of the proprietary portfolio during the difficult period related to the US's imposition of reciprocal taxes, SSI's leaders affirmed that SSI is always at the forefront of risk management, always having safe divestment measures in all investments if they are not safe.

With a total investment capital of VND52,000 billion, by December 31, 2024, SSI will disburse VND45,000 billion with a fairly safe investment ratio. Of which, up to 63% are fund certificates, the rest are bonds.

Answering the question about how and when SSI shares will return to their old peak, Mr. Nguyen Duy Hung said frankly: "I don't know, this has to be asked to the market."

Mr. Hung emphasized that compared to the two deep declines of the stock market due to concerns about the COVID-19 pandemic and the trade war, he himself is not as afraid as the pandemic.

According to him, the trade war is ultimately just about sitting down together and negotiating to "turn a new chapter", while the COVID-19 pandemic is unpredictable.

Thousands of shareholders attend SSI Securities 2025 shareholders meeting

Regarding the direction of digital asset investment, Mr. Hung emphasized that SSI always accompanies everything that is trendy and inevitable; whether to participate or not, how to participate, we must clearly know the investment efficiency.

According to the separate financial report for the first quarter of 2025, SSI achieved total revenue and pre-tax profit of VND 2,128 billion and VND 1,017 billion. SSI estimated consolidated revenue in the first quarter to reach VND 2,186 billion and pre-tax profit to reach VND 1,035 billion, completing 22.5% and 24.3% of the plan, respectively.

The congress unanimously approved the 2025 plan with the target revenue of VND 9,695 billion and pre-tax profit of VND 4,252 billion, up 11% and 20% respectively compared to the results achieved in 2024. This plan is based on the scenario of the VN-Index fluctuating between 1,450 - 1,500 points, with an average liquidity of VND 19,500 billion/session.

Source: https://nld.com.vn/chu-tich-chung-khoan-ssi-noi-ve-cuoc-chien-thuong-mai-196250418181933844.htm