HPG

HPG board member Nguyen Ngoc Quang registers to sell 6.6 million shares (1.63% stake) for personal financial needs, with the stock trading at VND 23,750, its lowest since early 2025. Despite positive analyst price targets near VND 37,600, insider selling adds near-term headwinds.

HPG, NKG, and HSG face heightened risk from a global steel overcapacity crisis, as OECD warns Chinese steel exports hit a record 131 million tons in 2025 and global overcapacity is set to rise to 745 million tons by 2028. The structural glut, driven by state subsidies in China, threatens to compress margins for Vietnamese producers already trading near recent lows.

NVL was the most sold stock by proprietary trading desks on HOSE on June 3, with net selling of VND 87 billion, as total proprietary net selling reached VND 995 billion. The selling pressure adds to NVL's recent decline, with the stock closing at VND 13,600, down 4.23% on the day.

VanEck Vietnam ETF's Q2 2026 rebalancing is expected to add VPL and MSB while removing HDG and CTR, with significant net buying in MSB, VCK, and VPL. Net selling pressure is forecast on NVL, VHM, and VIC. Foreign investors net sold VND 3,124 billion (~USD 124.96 million) on the Vietnamese market.

Dai Quang Minh Real Estate Investment JSC raised charter capital to VND 32,000B ($1.28B) in its fourth increase this year, surpassing Novaland and Becamex to become the second-largest real estate firm by charter capital after Vinhomes. The company is the lead in a consortium with THACO and Hoa Phat Group (HPG) proposing the $28B Red River Landscape Axis project in Hanoi.

On June 2, foreign investors net sold VND 606 billion on HOSE, with heavy selling in HPG, HDB, ACB, CTG, and VPB. In contrast, FPT attracted net buying of VND 482 billion, standing out as the sole major net-bought stock. Proprietary trading desks also net sold slightly, with MSN the most sold and VHM the most bought.

Foreign investors net sold VND 562 billion on June 2, 2026, extending a recent selling trend. The selling was concentrated in HPG, HDB, ACB, CTG, and VPB, while FPT saw net buying of nearly VND 500 billion, making it the top purchased stock on HOSE.