From today, 25 stocks on UPCoM are suspended from trading.

Since December 15, 25 stocks on UPCoM have been restricted and suspended from trading by the Hanoi Stock Exchange (HNX) because these stocks have not taken measures to remedy the reasons for being put on the restricted trading list. Specifically, these are businesses that have not yet published audited annual financial statements for the years 2018, 2019, 2020, 2021, 2022. Among them are stocks of many businesses that were once "hot" on the stock exchange such as Hung Vuong Seafood, Huu Lien Asia, Thuan Thao...

From December 15, 25 stocks on UPCom have been suspended from trading.

Specifically, 25 stocks were suspended from trading by HNX, including VLF of Vinh Long Foodstuff Joint Stock Company, HVG of Hung Vuong Joint Stock Company, SDX of Song Da Fire Prevention and Construction Investment Joint Stock Company, SDB of Song Da 207 Joint Stock Company, B82 of Joint Stock Company 482, C12 of Cau 12 Joint Stock Company, VNI of Vietnam Real Estate Investment Joint Stock Company, S96 of Song Da 9.06 Joint Stock Company, CTN of Underground Construction Joint Stock Company, KHL of Hung Long Minerals and Construction Materials Joint Stock Company, AVF of Viet An Joint Stock Company, HDO of Hung Dao Container Joint Stock Company, GTT of Thuan Thao Company, BT6 of Beton 6 Joint Stock Company, HLA of Huu Lien Asia Joint Stock Company...

Most of the above enterprises have not yet published audited financial statements and have been in a state of continuous losses for many years. That is also the reason why their stocks have been delisted from the HOSE or HNX and transferred to trading on UPCoM.

For example, Hung Vuong Joint Stock Company (stock code HVG) of businessman Duong Ngoc Minh, once known as the "King of Pangasius", has started to suffer losses since fiscal year 2017. According to the Consolidated Financial Report that the company announced on December 31, 2019, the company had a total loss of more than VND 1,742 billion.

Similarly, Thuan Thao Joint Stock Company (stock code GTT) of famous businesswoman Vo Thi Thanh in Phu Yen also continuously suffered losses. According to the financial report for the third quarter of 2020, the company suffered a total loss after tax of more than 1,522 billion VND...

Source: https://thanhnien.vn/tu-hom-nay-25-co-phieu-tren-upcom-bi-dinh-chi-giao-dich-185231215085045349.htm