KDH

KDH: Ly Tuan Kiet, son of founder Ly Dien Son, registers to buy 20 million shares (1.84% stake) at ~VND 356 billion, signaling insider confidence as the stock trades near its lowest since late 2022. The purchase comes as KDH targets VND 1,500 billion net profit for 2026, driven by its 51%-owned joint venture with Keppel.

KDH Deputy General Director Ly Tuan Kiet registers to buy 20 million shares, increasing his stake from 0.056% to 1.838% of charter capital. The insider purchase signals confidence ahead of the company's large-scale PPP urban renewal project in HCMC with a total investment of nearly VND 16,370 billion.

KDH insider Ly Tuan Kiet, Deputy General Director and son of Vice Chairman Ly Dien Son, registers to buy 20 million shares (VND 200B at par) to increase his ownership from 0.056% to 1.838%. The transaction signals insider confidence in Khang Dien House's prospects.

KDH Deputy General Director Ly Tuan Kiet registered to buy 20 million shares, increasing his ownership from 0.056% to 1.838% of charter capital. The transaction, valued at VND 200 billion at par, signals insider confidence ahead of the scheduled trading window from July 23 to August 21, 2026.

Foreign investors net sold 789 billion VND on HOSE on July 3, with TCB, MSN, and VIC seeing the largest outflows of 90B, 71B, and 64B VND respectively. Proprietary trading desks net bought 551 billion VND, notably accumulating EIB shares worth 300 billion VND. The divergence highlights ongoing foreign selling pressure against domestic institutional buying.

Foreign investors net sold nearly VND 900B on June 9, with the heaviest pressure on FPT (VND 108B), TCB (VND 98B), and MBB (VND 84B). Despite the outflow, the VN-Index rose 2.5 points to 1,793, suggesting domestic buying absorbed the selling.

KDH plans to transfer a 51% stake in its indirect subsidiary Binh Trung Moi for VND 1,743.2 billion (approx. USD 69.7 million), with completion targeted by Q3/2026. The move involves a land-backed entity in Thu Duc City, Ho Chi Minh City, and may signal portfolio rationalization or capital recycling for the developer.

Foreign investors net sold a record VND 7,192 billion (USD 288 million) in the first week of June, with Vingroup (VIC) accounting for VND 4,820 billion of outflows. FPT was the top net buy at VND 1,501 billion. The selling pressure contributed to a 1.23% weekly decline in the VN-Index, though late-week buying in banks and Vingroup stocks helped a recovery.

KDH sees foreign selling as Dragon Capital reduces its stake to 5.984% and VinaCapital also sells shares. The moves come as KDH reports Q1/2026 net profit up 175.5% to VND 327B, though revenue fell 60.4%. The stock closed at VND 22,800 on June 4, 2026.

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.