Hà Nội Exchange reports good results in first half

The Hà Nội Stock Exchange (HNX) has mobilised VNĐ 二 一 二 trillion (US$ 九. 四 六 billion) in Government bonds for the State budget in the first half of this year. — Photo tbck.vn

HÀ NỘI  — The Hà Nội Stock Exchange (HNX) has mobilised VNĐ 二 一 二 trillion (US$ 九. 四 六 billion) in Government bonds for the State budget in the first half of this year, said Nguyễn Thành Long, the exchange chairman.

Long, speaking on Tuesday, also said that capital of the Unlisted Public Company Market (UPCoM) doubled compared to  二0 一 五 as HNX undertook various measures to promote the scale and liquidity and improve the quality of the market.

For example, HNX promptly issued regulations on organisation and management of unlisted firms, which contributed to the liquidity soar during the first six months when the average trading volume reached  九. 六 million shares per session and the transaction value over VNĐ 一 三 四 billion (US$ 六 million) per day, an increase of  二 四 八 per cent in volume and  二 一 二 per cent in value compared to the same period in  二0 一 五.

On the listed market, as of June  三0 the share value of the secondary market reached VNĐ 七 五0- 七 六0 billion per session.

The bourse has approved the listings of ten new firms with a total value VNĐ 二 trillion, a two-fold increase in the number of firms and of  二 二 四 per cent in value over the same period in  二0 一 五.

Furthermore, HNX also strengthened the management and supervision of listed firms to promote corporate governance in accordance with good practice.

At the same time, HNX also actively supported the amendment of directives on building corporate bond schemes and developing policies on the derivatives market. Long said the exchange was also boosting the construction and development of the derivatives market so that it can go into operation in the first quarter of   二0 一 七.

According to the chairman, the exchange and the Việt Nam Securities Depository were working together to find a system solution on the same technology platform and trading software for the derivative products.

Also in the first half, HNX said it carried out ​ 三 六 auctions, including  二 四 initial public offerings of State-owned enterprises, selling  二 九0 million shares, or  八 三. 六 per cent of offering shares at a value of more than VNĐ 三. 七 trillion. — VNS