the operations of vietnamese stock markets AT hanoi stock exchange HNX

the operations of Vietnamese stock markets AT Hanoi Stock Exchange-HNX Members of group 6: Nguyễn Thị Hoàng Hà (leader) Vũ Thị Quỳnh Anh Lê Quỳnh Anh Trần Thị Hồng Vân Lê Thị Minh Ngọc contents IV Price change step and limits (HNX) I Listing requirements II Type of transaction; type of order III Trading time and trading session V.Summary of Information disclosure requirements VI.Operations and index performance in 2014, VII.Example of trading information of listed stock 2015 Introduction - Hanoi Stock Exchange (HNX) was born in accordance with Decision of Prime in 2009 - The HNX has organized share auctions, Government Bond biddings to mobilize capital for the State budget - The HNX has operated three secondary trading markets: listed stock market, Government Bond market, and UPCoM (Unlisted Public Company Market)   I Listing requirements Conditions for listing stock: -    Being a joint stock company, at least VND 30 billion of charter capital - At least 01 year of operation in the form of Joint Stock Company by the time of registration for listing - At least 15% of the voting stocks of the company held by at least 100 shareholders who are not principal shareholders; -  Shareholders being members of the Board of Directors, Supervisory Board, the Manager or General Manager, -   There is valid dossier of stock listing registration as prescribed Conditions for listing bond - Being a joint stock company, limited liability company or State owned enterprise; at least VND 10 of charter capital - The business result of the preceding the year must be profitable - At least 100 persons own bonds which are issued in one round - All bonds of one issue must have the same maturity date - There is valid dossier of bond listing registration as prescribed II Type of transaction; type of order Type of transaction - Continuous order matching method: is the method in which the system will automatically match buy orders will with sell orders right after they are put into the trading system -       Periodical order matching method: is trading method executed by trading system where buy and sell orders are correspondingly matched at a specific point of time -       Negotiation method: is the method whereby buyers and sellers negotiate with each other on the transaction conditions in advance, then the trading result will be placed into the trading system   Type of order -      Limit order (LO): is an order to buy or sell a stock at a specific or better price Better price is the price higher than the specific price in case of sell order and lower than the specific price in case of buy order LO is entered into the trading system in continuous order matching and prediocial order matching -      Market order:  is the buy order at the lowest sell price or the sell order at the highest buy price available on the market Market order is only entered into trading system in the continuous order matching session     Types of market orders:   + The Market To Limit order (MTL): is a market order in case it is not fully executed, the remainder of the order is changed into litmit order  + Match or Kill order (MOK) : is a market order which will be killed right after entering into the trading system if it is not fully executed + Match and Kill order (MAK) : is a market order which may be fully or partially executed, the remainder of the order will be killed right after the order matching   -      At The Close order (ATC): is a buy or sell order at the close price III Trading time and trading session -  Trading time of listed stock market: Session Morning session Trading method Continuous order matching 9:00 am – 11:30 am Negotiation 9:00 am – 11:30 am Break time Afternoon session Trading hour 11:30 am – 1:00 pm Continuous order matching 1:00 pm – 2:30 pm Periodical order matching for closing session 2:30 pm – 2:45 pm Negotiation 1:00 pm – 3:00 pm - Trading time of UPCoM Session Morning session Trading method Continuous order matching 9:00 am – 11:30 am Negotiation 9:00 am – 11:30 am Break time   Trading hour 11:30 am – 1:00 pm Continuous order matching 1:00 pm – 3:00 pm Negotiation 1:00 pm – 3:00 pm Afternoon session HNX organizes trading from Monday to Friday every week (except for holidays as regulated in the Law of Labor) 2.The registered trading unlisted public companies market (UPCoM) in 2014 No new companies registing trading  No companies registing trading 169 companies 36 companies ( increase 19.01% compared to 2013) Market Capitalization 37,169,559.45 ( increase 176.92% compared to 2013) Total trading value million VND ( increase 44.37% compared to 2013) 5,410,073.58 million VND ( increase 959.39% compared to 32013) Total trading volume 546,558,910 ( increase 582.17% compared to 2013) shares 3.The government bonds in 2014 Listed volume Government bonds Treasury Bills 6,668,042,134 bonds ( increase 37.39% compared to 2013) 244,020,000 bills ( decrease 31.24% compared to 2013) Listed value Government Bonds 882.062.405 million VND ( increase 118.08% compared to 2013) Treasury Bills 17.614.309 million VND ( increase 45.4% compared to 2013) 2015 1.Listed stock market in 2015 Market Capitalization 151,607,768,327.3 Million VND Total trading value 135,035,878,225.6 million VND Total trading volume 11,554,450,262 shares 2.The registered trading unlisted public companies market (UPCoM) in 2015 Market Capitalization Total trading value 61,033,252,069.6 14,288,084,712.4 million VND million VND Total trading volume 934,613,568 shares 3.The government bonds in 2015 Listing volume New listing volume 2,099,483,000 bonds 7,434,009,375 bonds Additional listing volume 915,703,141 bonds Delisting volume 2,392,738,900 bonds VII.Example of trading information of listed stock 7.1 Overview - Company’s name: HaiHa Confectionary Joint – Stock Company (HHC) Address : 25 Truong Dinh Street, Hai Ba Trung District, Ha Noi Website: www.haihaco.com.vn Products/ Main services: confectionary - The company which was founded in 1960 and spent more than 50 years striving and developing has grown ceaselessly and accumulated much experience in business production - In 2003, the company decided to transform into Joint stock Company according to the Resolution No 191/2003/QĐ-BCN of Ministry of Industry dated 14November 2003 Stock information : - The first trading day: 20/11/2007 - First listed volume : 5,475,000 - Listed shares: 8,212,500 - Shares outstanding: 8,212,500 - The closing price of the first trading day (thousand dong): 73.0 - The volume of shares listed first: 5,475,000 7.2 Information transaction of HaiHa Confectionary JSC (HHC) Up date : 17/05/2016 - Reference price 20,300 thousand VND - Opening price 20,300 - Highest price 21,000 - Lowest price 20,100 thousand VND - Closing price 20,300 thousand VND - Total trading volume - Total trading value thousand VND thousand VND 7,300 share 148,090,000 thousand VND Technical chart 7.3 Conclusion In conclusion, up to now, HHC has taken right steps in conducting its operations Its stock market is much eventful with large trading volume, so that it attracts a significant number of investors inside and outside Vietnam However, HHC should pay more attention to the customers’ income in order to offer them affordable products Also, it is necessary for HHC to execute some plans to avoid frequent decreasing in stock price That are the two big problems that HHC ought to solve as soon as possible Thank you for your listening!!! ... for listing stock: -    Being a joint stock company, at least VND 30 billion of charter capital - At least 01 year of operation in the form of Joint Stock Company by the time of registration for... electronic data simultaneously, the report date is the date when HNX has received both of the reports b Information disclosure requirements The language of the disclosed information must be Vietnamese. .. law that the disclosed information can be supplemented by other languages, the languages of the disclosed information include Vietnamese and other languages as stipulated by law The words of disclosed