HNX hosts auctions worth 418 billion VND in November
Some 418 billion VND (18.5 million USD) was raised through six auctions of shares held by state-owned enterprises on the Hanoi Stock Exchange (HNX) in November.
Some 418 billion VND (18.5 million USD) was raised through six auctions of shares held by state-owned enterprises on the Hanoi Stock Exchange (HNX) in November (Photo: HNX)
Hanoi (VNA) – Some 418 billion VND (18.5 million USD) was raisedthrough six auctions of shares held by state-owned enterprises on the HanoiStock Exchange (HNX) in November.
The auctions includetwo initial public offering (IPO) sessions of 532 One Member Limited Companyand 145 One Member Limited Company, and four capital divestment of Hanoi RealEstate Investment Joint Stock Company, Cement Finance Joint Stock Company, Sai GonBank for Industry and Trade (Saigonbank), and the Petroleum Vietnam (PV) SSGReal Estate Joint Stock Company.
More than 27.9 million shares were put up for sale in the month, up 143 percentfrom October, while investors registered to buy some 66.8 million shares, 2.4times higher than the volume offered.
Shares in the four auctions for capital divestment were sold out.-VNA
Eighteen auctions held on the Hanoi Stock Exchange (HNX) in the first five months of the year raised more than 2.4 trillion VND (105.8 million USD), up 24 percent from the same time last year.
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Some 418 billion VND (18.5 million USD) was raised through six auctions of shares held by state-owned enterprises on the Hanoi Stock Exchange (HNX) in November (Photo: HNX) 
