DXG

DXG completed a 155.7 million bonus share issuance (14:100 ratio), raising charter capital to nearly VND 12,700 billion. The move follows a strong Q1/2026 where net profit surged 173% YoY to VND 214 billion, achieving 80% of the full-year profit target. The company also rebranded to Bluemarq Group and established new subsidiaries.

Foreign investors net sold nearly VND 6,000 billion in a single session, with VIC alone accounting for VND 4,900 billion of the outflow. Domestic institutions net bought VND 5,500 billion, partially offsetting the selling. Analysts expect the foreign selling trend to continue until August or September, tied to market upgrade expectations.

Multiple Vietnamese real estate companies including Vinhomes (VHM), Phat Dat (PDR), Dat Xanh (DXG), and DIC Corp (DIG) are issuing new shares to raise capital amid falling stock prices and tight credit conditions. The moves, totaling over VND 5,500 billion, aim to address liquidity needs and fund projects but risk diluting existing shareholders.

Vietnam real estate companies increased total debt to approximately VND 300 trillion by end-Q1 2026, while aggregate revenue surged 210% YoY to VND 76 trillion, driven by VHM and NVL. Gross profit margin recovered to 48.1%, near 2021 peaks, signaling improved pricing power in the high-end segment.

Foreign investors net sold VND 895.5B on May 26, 2026, with real estate stocks VIC and VHM leading the sell-off, while banking and technology stocks saw net buying. The VN-Index fell only slightly, but VIC and VHM alone contributed nearly 14 points of decline, highlighting their outsized influence.

Foreign investors unexpectedly net sold VND 1,700 billion (USD 68 million) on all three exchanges, with strong selling pressure on real estate and banking stocks, dragging the VN-Index down 16 points to 1,896.89. The sell-off was concentrated in VIC and VHM, which together accounted for over 13 points of the index decline, signaling a broad de-risking by foreign capital.

DXG (Bluemarq Group) will close shareholder list on May 29 to distribute 155.7 million bonus shares at a 14% ratio, raising charter capital from VND 11,141B to nearly VND 12,700B. The move follows a strong Q1/2026 with net profit up 173% YoY, reaching 80% of the full-year target. The bonus shares are unrestricted for trading.

Foreign investors net sold VND 836 billion (USD 33.4 million) on May 12, 2026, with banking stocks bearing the brunt of selling. Individual investors absorbed the flow, net buying VND 968.8 billion. The VN-Index reversed from a 16-point loss to close up 5.6 points at 1,901, driven by rotation into mid-cap and energy stocks.

DXG (now Bluemarq Group) plans to issue 155.7 million bonus shares (14% of outstanding) to increase charter capital to nearly VND 12,700 billion, funded by retained earnings and share premium. Q1/2026 net profit surged 173% YoY to VND 214 billion, achieving 80% of the full-year target of VND 268 billion. The capital increase follows a corporate rebranding and ecosystem restructuring.