KB Challenge contest crowns champion

Nguyen Hong Nhan was the champion of KB Challenge

Not only the diversified award structure but also the extremely attractive transaction policies, makes the KB-Challenge contest a rewarding playground, attracting nearly 5,000 professional securities investors to participate with the total transaction value surpassing VND2 trillion ($86.96 million).

After six rounds of the monthly competition, KB Challenge has found the owners of 12 awards, with two prizes each month, "Ban Linh" and "Thong Thai".

The Final Round with three major awards, including "Vo Dich", "But Pha" and "Sieu Viet" also found the winners, with the highest accumulated percentage of positive net asset value (NAV) growth of KB Challenge.

The championship's ultimate prize of VND1 billion ($43,480) – the largest prize in the history of the contest for securities investors – was awarded to Nguyen Hong Nhan, who is also the winner of two monthly "Thong Thai" prizes.

The total value of the awards Nhan received touches VND1.1 billion ($47,830).

KB Challenge contest's most eminent winners

In addition, two female investors have made it onto the list in the final and monthly prize combo: Nguyen Thi Mai Lan and Dinh Ngoc Tieu My.

Before this, Mai Lan was honoured with two "Ban Linh" monthly awards and the final "Sieu Viet" award with a total prize value of VND160 million ($6,960).

Investor Dinh Ngoc Tieu My won two awards with the value of VND350 million ($15,220). She won the "But Pha" award of the finals and the "Thong Thai" award in the sixth month.

KBSV also awarded the "Ban Linh" prize (worth VND30 million or $1,300) and the "Thong Thai" prize (worth VND50 million or $2,170) to six other investors, including Tran Van Khuong, Pham Van Duy, Tran Ngoc Hue, Nguyen Xuan Nhung, Doan Bach Hao, and Van Dinh Hai in the monthly rounds.

At the awards ceremony, Nguyen Duc Hoan, CEO of KBSV said that even though the contest was held for the first time and at a very challenging time when the market had many fluctuations due to the COVID-19 pandemic, KBSV has received positive support with a large number of professional investors participating in the competition.

“This is a great and positive source of encouragement for KBSV to launch investment activities as well as products that bring benefits to customers,” Hoan noted.

Nguyen Hong Nhan – the ultimate champion of KB Challenge – shared that in addition to a suitable investment strategy, he also had luck on his side to win this award. He said the useful recommendations of KBSV brokers and the company's trading system were two key points enabling him to successfully trade securities in the contest as well as in enriching his personal investment experience.

Joining KB Challenge, in addition to expanding the playground for professional investors, KBSV wants to promote and support customers with trading channels via the KB-able website and mobile trading application M-able in order to optimise and simplify all steps when trading as well as gaining profit.

KB Challenge have closed six exciting months of trading, regardless of market fluctuations, with impressive numbers and performances such as the highest accumulated percentage of positive NAV growth of 165 per cent. The top 3 ticker groups with the most animated trading are real estate, chemicals, and banking, while over 50 per cent of participants have posted profit throughout the contest. These are significant results that motivate KBSV to create more such useful activities in the future.