External broker reports(aggregated public sources), Mirae Asset Securities

Mirae Asset Securities

Leading full-service brokerage firm in Vietnam. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>September update: Steel sales showed signs of recovery in September, with construction steel volumes rising 17% MoM (+1% YoY) and downstream categories up 12% MoM (+20% YoY).</li><li>HRC deliveries remained strong at 477K ton (+11% MoM, +95% YoY), benefiting from a low base.</li><li>Despite recent weakness, 9M25 total volumes reached 8.47mn tons (+22% YoY, 74% of FY25F forecast), supported by robust early-year demand. </li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

September update: Steel sales showed signs of recovery in September, with construction steel volumes rising 17% MoM (+1% YoY) and downstream categories up 12% MoM (+20% YoY).HRC deliveries remained strong at 477K ton (+11% MoM, +95% YoY), benefiting from a low base.Despite recent weakness, 9M25 total volumes reached 8.47mn tons (+22% YoY, 74% of FY25F forecast), supported by robust early-year demand. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Hoa Phat Group JSC (HPG VN) - Earning Its Premium

Hoa Phat Group Jsc

Hoa Phat Group JSC (HPG VN) - Earning Its Premium