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HoSE has published the list of stocks that do not meet margin trading eligibility requirements for Q2 2026. The list totals 68 stocks restricted from margin lending based on criteria including financial condition, trading liquidity, and listing duration.
Among the 68 restricted tickers, many fall into HoSE’s “alert,” “watch,” or “under control” categories. Several stocks cited as not meeting margin requirements due to being in the “alert” category include APH (An Phat Holdings JSC), DLG (Duc Long Gia Lai Group), SMC (SMC Trading Investment JSC), and CMX (Camimex Group JSC).
The “under control” group includes AAT (Tien Son Thanh Hoa Group), DQC (Dien Quang Group), DRH (DRH Holdings), LDG (LDG Investment), SRF (Searefico), and others.
HoSE also cut margins for four stocks from four companies that received audit opinions not fully accepted for the 2025 financial statements. The tickers mentioned are APG (APG Securities JSC), BMI (Bao Minh), VPG (Viet Nam Import-Export Trading and Investment), and YBM (Yen Bai Industrial Minerals JSC).
In addition, HoSE processed margin cuts for stocks linked to specific compliance issues: VAF (Van Dien Phan Loon?) was cut for delisting risk, while VMD (Viet Nam Medical, also known as Vimedimex) was processed due to late publication of the 2025 half-year audited financial statements beyond five business days.
Stocks with listing duration under six months account for a sizable portion of the restricted list, with 15 tickers including GHC, HPA, PDV, and others.
HoSE also restricted margin trading for stocks of companies whose net profit after tax attributable to the parent company was negative on the 2025 audited consolidated financial statements. Examples cited include HAP, ST8, and TNH, among others.

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