VPS Securities emerges leading brokerage by market share – VnExpress International


By Thuy Tien  &nbspApril 7, 2021 | 09:00 pm GMT+7
VPS Securities emerges leading brokerage by market share  VPS Securities emerges leading brokerage by market share - VnExpress International quyn82151612679249991016126793 5449 5561 1617756292

An investor looks at stock prices on a smartphone at a brokerage in HCMC’s District 1, January 2020. Photo by VnExpress/Quynh Tran.


Brokerage VPS Securities has dislodged SSI Securities Corporation to become the top brokerage, with a 13.24 percent market share in Q1.

Data released recently by the HCM Stock Exchange (HoSE) shows that VPS’s market share has increased by 2.4 percentage points quarter-to-quarter.

Despite SSI Securities Corporation’s market share growing by 0.24 percentage points in Q1, it has finished in second place with an 11.89 percent market share. It had held the top position for 8 consecutive quarters until now.

Ho Chi Minh City Securities Company (HSC) took the third place with an 8.23 percent market share, followed by VNDIRECT Securities with 7.46 percent, and Viet Capital Securities (VCSC) with 5.62 percent.

Those lower on the ladder, such as South Korea’s Mirae Asset, MB Securities, Techcom Securities, FPT Securities and BIDV Securities Company, held market shares of around 3.25-4.41 percent.

The fact that SSI Securities Corporation was dislodged from the top position shows that there is fierce competition among securities firms.

Nguyen Hong Nam, CEO of SSI Securities Corporation, said competition was necessary for the development of the market. He added that while market share was an important factor to evaluate a company, but it is not the only one.

Vietnam’s top 10 securities companies held 65.23 percent of the market share this quarter, up 0.15 percentage points over Q4 2020.

e.VnExpress

What's Your Reaction?

Cry Cry
0
Cry
Cute Cute
0
Cute
Damn Damn
0
Damn
Dislike Dislike
0
Dislike
Like Like
0
Like
Lol Lol
0
Lol
Love Love
0
Love
Win Win
0
Win
WTF WTF
0
WTF

Comments 0

Your email address will not be published. Required fields are marked *

VPS Securities emerges leading brokerage by market share – VnExpress International

log in

Become a part of our community!

reset password

Back to
log in
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Open List
Open List
Ranked List
Ranked List
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF