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In response to shareholders’ concerns about holding HPG stock, the issue of “Hoa Phat” was raised. Mr. Long said that price movements depend on the market, adding that he and his colleagues would never advise shareholders on when to buy or sell.
He formally stated that, as long as he remains in this position, he will never advise shareholders to buy Hoa Phat shares.
On the stock market on the morning of April 21, 2026, HPG shares rose 2.28% to 29,100 dong per share. This followed months of trading in a range of about 26,000–28,000 dong.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
