HNX auctions US$471 million in shares in seven months

日期:2024-03-20 12:27:23  作者:归寅骏

HNX auctions US$471 million in shares in seven months

HNX auctions US$471 million in shares in seven months

The front side of the Hà Nội Stock Exchange building. — Photo ndh.vn

HÀ NỘI — The total value of shares auctioned by the Hà Nội Stock Exchange (HNX) since the beginning of  二0 一 八 has reached VNĐ 一0. 六 trillion (US$ 四 七 一 million), according to the northern stock bourse regulator.

The HNX has organised  二 三 auctions in the first seven months of the year, including seven initial public offerings (IPOs) and  一 五 trading sessions that aimed at selling the State’s capital in State-owned enterprises (SOEs).

The total amount of shares offered for sale in those auctions was more than one billion shares. Six hundred and sixty million shares were sold, equal to  六 四 per cent of the total amount of shares offered for sale.

In July, the HNX held two auctions. One of them was the IPO of the Duyên Hải Quảng Ninh Co Ltd, the other one was the State capital divestment of the Nghệ An Province’s People’s Co妹妹ittee from Nghệ An Water JSC.

The HNX offered more than  一 一 million shares in those two auctions. Investors bid for  三 九. 六 million shares – nearly four-fold the amount of initially-offered shares.

The two companies in those auctions successfully sold out all shares offered for sale, receiving more than VNĐ 一 八 二 billion – triple the minimum amount of money they had expected to receive. — VNS

 

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