AsemconnectVietnam - Ho Chi Minh City Securities Joint Stock Company (HSC, code HCM - HOSE) has just celebrated its 20th anniversary of establishment and development with the capital market.

HSC's journey of formation and development goes hand in hand with the development of Vietnam's capital market.
From a primitive, young market established in 2000 with 2 listed enterprises, the Vietnamese stock market has now developed strongly in both scale and quality with more than 1,700 listed enterprises. The total market capitalization reached VND8 million billion, thousands of times higher than the value of nearly VND1,000 billion at the time of establishment. Similarly, HSC went from an initial capital of VND50 billion to now become one of the leading securities companies with total assets reaching VND16,663 billion and equity reaching VND8,133 billion as of December 30. September 2023. Revenue and pre-tax profit grew on average 36% per year, continuously for 20 years.
HSC has always been a pioneer in developing and introducing new products such as Margin Trading, derivative products, Futures Contracts, Covered Warrants, ETF Certificates and Contracts. Government Bond future…. HSC is currently leading the brokerage in all three segments of the individual market, the foreign organization market and the corporate market.
For shareholders, HSC is one of the best dividend paying companies. Since listing, HSC has always guaranteed a dividend payout ratio of over 50% of profit after tax. The total value of dividends paid in cash is VND3,874 billion. This is HSC's commitment to continuously increase value for shareholders through a commitment to economic benefits and ensuring income for shareholders.
Currently, HSC has nearly 700 employees working in Ho Chi Minh City and Hanoi. HSC is also a pioneering enterprise in social security work, repelling the Covid-19 epidemic and contributing to sustainable development.
N.Nga
Source: VITIC/Tinnhanhchungkhoan