MD, Leaf & Ledger Limited

Leaf & Ledger Limited

Formed in 2024, Leaf & Ledger is a European advisory and research firm serving institutional investors and managers. We focus on real assets and private markets, with public-market read-throughs where material. Our work emphasises valuation signals, market structure, and execution topics that translate technical assessment into underwriting and strategy.

Insight That Moves Capital

Cross Asset Strategy

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<li>
 Release sparks sell-off: Vietnam’s government inspectorate released findings October 17th. Despite widespread anticipation of the findings, Vietnamese equities were down sharply following the release.</li>
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 Fault lines and risk nodes: 5 listed banks, Masan entities, T&amp;T Group, project vehicles, and Novaland affiliates. Issues include disclosure failures, off-plan proceeds use, arrears, and single-buyer concentrations.</li>
<li>
 Signal and policy path: Expect a stricter rulebook and more active supervision. The core system remains intact, but governance discounts rise, and issuance windows narrow as controls are rebuilt.</li>
</ul>



 Release sparks sell-off: Vietnam’s government inspectorate released findings October 17th. Despite widespread anticipation of the findings, Vietnamese equities were down sharply following the release.

 Fault lines and risk nodes: 5 listed banks, Masan entities, T&amp;T Group, project vehicles, and Novaland affiliates. Issues include disclosure failures, off-plan proceeds use, arrears, and single-buyer concentrations.

 Signal and policy path: Expect a stricter rulebook and more active supervision. The core system remains intact, but governance discounts rise, and issuance windows narrow as controls are rebuilt.


Vietnam Equities: GI Bond Probe Triggers 8% Index Slide

Vietnam

Orient Commercial Joint Stock Bank operates as a bank. The Bank provides a variety of banking services including deposits, cards, insurance, consumer and business loans, remittance, factoring, electronic transfers, and internet banking. Orient Commercial serves customers in Vietnam.

Orient Commercial Joint Stock Bank (OCB VN)

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52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
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Orient Commercial Joint Stock Bank (OCB VN)

Vietnam Equities: GI Bond Probe Triggers 8% Index Slide

Vietnam's government inspectorate private debt probe release sparks equity sell-off, as governance concerns in listed banks and companies signal...

EC

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Vietnam Equities: GI Bond Probe Triggers 8% Index Slide

​Vietnam's government inspectorate private debt probe release sparks equity sell-off, as governance concerns in listed banks and companies signal...

EC

Vietnam's government inspectorate private debt probe release sparks equity sell-off, as governance concerns in listed banks and companies signal...