Weighing steel ticker appeal in the rest of 2021

Weighing steel ticker appeal in the rest of 2021

Many steel tickers remain attractive to investors, who are aiming to leverage diverse supportive factors, despite the high prices that some of these tickers recorded recently.
Former wife of Hoa Sen boss wants to sell entire HSG holding

Former wife of Hoa Sen boss wants to sell entire HSG holding

As soon as the performance of Hoa Sen Group turned better, its chairman’s former wife has decided to sell her entire shareholding in the local steel giant.
US-China tension hampers prospects of HSG

US-China tension hampers prospects of HSG

The heavy US tariffs on local steel products may be encouragement for local giant Hoa Sen Group's (HSG) conservative 11 per cent profit growth target.
Local steel sector saw gloomy prospect in first quarter

Local steel sector saw gloomy prospect in first quarter

The US-China trade war and fluctuating material prices have set a burden on steel companies, reducing profits and even causing losses in the first quarter.
Hoa Sen wallowing in debts

Hoa Sen wallowing in debts

The revenue and profit of Hoa Sen Group (code: HSG) continues reducing sharply despite the closing of a lot of branches.
Prominent entrepreneurs planning to retire

Prominent entrepreneurs planning to retire

After a year with many ups and downs in business, the shareholders' meeting season returned, with many prominent entrepreneurs revealing to retire early.
Hoa Sen Group shuts down ten more branches

Hoa Sen Group shuts down ten more branches

To overcome business difficulties, Hoa Sen Group has just closed ten branches in addition to the 21 units shut down in January to restructure the company.
Hoa Sen Group closes 21 branches

Hoa Sen Group closes 21 branches

Hoa Sen Group’s plan was carried out after the 2019 annual shareholders’ general meeting to restructure distribution points in the form of provincial branches.
One more foreign investor flees from Hoa Sen Group

One more foreign investor flees from Hoa Sen Group

Hoa Sen Group’s newest dissident is Tundra, which officially sold 1.36 million stocks at one of Vietnam’s largest steel makers.
Hoa Sen Group crumbles?

Hoa Sen Group crumbles?

Falling profit figures and stock prices, mounting debt pressures, and the latest halting of a project in Nghe An show that Hoa Sen Group fell on hard times.