A "worth the money" stock code has appeared, more than 1 million VND per share

Stock exchange has more stocks with price over 1 million VND/unit

In the "fever" of listing, F88 shares of F88 Investment Joint Stock Company continued to have a second session of ceiling increase, up to more than 1 million VND/share.

With this market price, F88 is the second company in the stock market to set a record market price of over 1 million VND per share (100 times the normal par value of each share of 10,000 VND/share). Correspondingly, the company's capitalization has increased to 8,447 billion VND, the highest in the current market.

In terms of business results, F88's revenue has grown continuously, the company reported profits since 2018. In 2023, F88 unexpectedly suffered a record loss. In 2024, profits recovered strongly to VND 362 billion. In the second quarter of 2025, the company recorded revenue of VND 925 billion - an increase of 30% and pre-tax profit of VND 189 billion, an increase of 220% over the same period...

Before F88, the last time the Vietnamese stock market recorded a stock over 1 million VND was in 2023, specifically the case of VNZ code of VNG Corporation.

F88's profit (billion VND)

By the end of 2024, F88 had 332 shareholders, of which foreign investors held 57.5% of charter capital, led by Mekong Capital (nearly 37%), followed by Granite Oak and Oman Investment Authority (nearly 18%). The two founders Phung Anh Tuan and Ngo Quang Hung owned 12.1% and 10.9% of shares, respectively (June 30, 2025).

Notably, despite increasing to the maximum limit, F88 stock trading liquidity today (August 11) was very low, reaching only 2,700 shares. In the first trading session (August 8), F88 also only had 400 shares traded.

There used to be a stock worth nearly 1.5 million VND/unit, how is it now?

2 years ago, after its listing, VNZ code of VNG Corporation continuously increased to its full range and successively broke the market price peaks, but the liquidity of VNZ code per session only stopped at a few hundred shares.

In summary, VNZ shares recorded 8 consecutive ceiling price sessions, from the opening price of 240,000 VND/share, increasing by more than 328% to surpass 1 million VND/share and become the most expensive code on the market.

At this time, according to regulations, VNG had to issue a document explaining the consecutive ceiling price increase of its stock price. Like some other units when explaining the consecutive ceiling price increase of its stock price, VNG said that the price increase was due to market supply and demand and the tastes, needs, and assessments of investors...

After the initial “craze” of listing, VNZ shares have been continuously adjusted. Currently, VNZ’s market price is at 400,000 VND/share. This price is still quite high compared to most stocks in other industries today.

Source: https://dantri.com.vn/kinh-doanh/xuat-hien-ma-chung-khoan-dat-xat-ra-mieng-hon-1-trieu-dong-1-co-phieu-20250811114728764.htm