KBC

KBC sees a related entity of Chairman Dang Thanh Tam acquire 10 million shares, lifting its stake from 4.16% to 5.22% between June 30 and July 22, 2026. The move signals insider confidence amid recent shareholder turnover, including VPBankS exiting as a major holder.

KBC faces a tax penalty of VND 965 million, which has been fully paid. Separately, VPBankS sold 11.4 million KBC shares, reducing its stake from 5.98% to 4.77% and exiting major shareholder status. The tax issue appears minor, but the share sale may signal reduced institutional confidence.

KBC (Kinh Bac Urban Development) was fined VND 965 million for tax violations, which it has already paid. Separately, VPBank Securities (VPX) sold 11.4 million KBC shares, dropping its stake below 5% and ending its status as a major shareholder. The tax penalty is small relative to KBC's market cap, but the share sale may signal reduced institutional confidence.

Foreign investors net sold nearly VND 1.9 trillion on June 18, the highest daily outflow since early June, with FPT bearing the brunt at over VND 500 billion. In contrast, proprietary trading desks at securities firms made a notable VND 373 billion net purchase of MSB, making it the top stock bought by proprietary desks. The divergence highlights selective domestic institutional support for MSB amid persistent foreign selling pressure.

Foreign investors net sold over VND 510 billion on June 11, with NVL, VHM, VIC and several bank stocks (TCB, VPB, HDB, EIB) as the most sold. VNM was the top net bought stock, while KBC and GVR also saw modest inflows. The selling pressure contributed to the VN-Index closing down 5 points at 1,799.

The State Bank of Vietnam's Circular 4551 excludes incremental loans for social housing and industrial parks from real estate credit growth limits, effectively channeling capital to these priority sectors. Industrial park developers like KBC, IDI, SZC, BCM, and VGC are direct beneficiaries, with VGC also gaining from its social housing exposure.

KBC sees insider buying as a relative of a board member acquires 8 million shares, lifting her stake to 0.891%. The purchase comes as the company reports a 72% drop in Q1 2026 net profit to VND 234B, with industrial park revenue falling 71%. The stock closed at VND 30,400 on June 1.

KBC has signed an MOU with SP Group, a leading Asian energy solutions provider, to research and develop district cooling systems for its industrial parks in Hai Phong and Tay Ninh. The initiative aims to enhance energy efficiency, lower operating costs for tenants, and support carbon reduction targets, potentially improving the competitiveness of KBC's industrial park portfolio.

GEX was the most sold stock by proprietary trading desks on May 13, with net selling of 168 billion VND, followed by VNM and PVT. The overall net selling of 379 billion VND by proprietary desks, combined with foreign net selling of 1,475 billion VND, signals caution among institutional investors amid the VN-Index near its all-time high.