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Borrowing US$5 billion to invest in stocks: worries behind the record


Borrowing US$5 billion to invest in stocks: worries behind the record
Chia sẻ |
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 15/07/2021
  
11:40
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The number of newly-opened securities accounts opened in the last 18 months is equal to the total number of the previous 20 years.
“The price of stocks is skyrocketing. We see big profits from investing in stocks but we cannot borrow more money, Mr. Nguyen Tan Duong said after the brokerage of a securities company informed him that he could not borrow more money under the law (maximum loan is twice over equity).
‘Running out of money for lending clients’ is the common situation of many securities companies. Believing that the Vietnamese stock market has very good prospects, Duong wants to increase financial leverage, and pour money into securities ....

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Stock market plummets, $10 billion lost


Stock market plummets, $10 billion lost
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 21/01/2021
  
07:00
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The Vietnamese stock market saw an unprecedented plunge on January 19. But panic did not occur.
The Vietnamese stock market saw an unprecedented plunge on January 19
Nearly all shares at the HCM City Stock Exchange (HOSE), Hanoi Stock Exchange (HNX) and UpCom saw the prices falling by 5-7 percent by January 19 morning closing session.
The VN Index lost 75 points, or 6.3 percent, while HNX Index also decreased.
The decreases were milder at the afternoon session, but still unprecedented in history. The VN Index at the end of the day dropped by 60.94 points to 1,134 points, HNX Index by 6.48 points to 224.02 points, and UpCom Index by 2.4 points to 76.15 points. ....

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