The whole market sold off, causing stocks of BCG, GEX, KBC, HSG… to drop to the floor, the market capitalization evaporated thousands of billions due to rumors, what did the business side say?
In the trading week of April 4-8, 2022, especially the sessions of April 7-8, a series of rumors flourished on the stock market, causing the stocks of many businesses to be sold off sharply. As a result, a series of stocks plummeted, causing heavy losses to investors, pulling the VN-Index down 20.35 points (1.35%) to 1,482 points.
In which, the group of stocks related to Gelex including GEX, VGC, VIX, IDC… were sold off in bulk and dropped dramatically. In the session 8/4, more tickers BCG, HSG, KBC also plummeted, the market capitalization evaporated thousands of billion dong.
The reason is known to be spread on the control groups about thematic inspection of bond issuance activities, including GEX, HSG, BCG, KBC…

Transactions of GEX.
Before the above negative information, the shareholder relations department of the enterprises has officially announced to refute the rumors and reassure shareholders.
For example, Hoa Sen HSG Group confirmed that the document that was spread had absolutely no basis for authentication and that the Company did not receive the attached document from the authorities.
“For inspection – inspection activities of state agencies, this is a regular – continuous – periodical activity of state management agencies and the Company always complies in providing financial records. Any inspection event that affects the Company and shareholders will be disclosed 24 hours in accordance with the law.” HSG representative said.
HSG also said that the Company had a resolution approving the policy of issuing bonds, but the Company did not implement or implement. Up to now, the Company has not issued any bonds.

Trading HSG code.


On the evening of the same day, Bamboo Capital also emailed a response, “In recent days, the market has been affected by negative rumors and we are also very sorry that BCG shareholders have been affected by rumors. this”.
The company also emphasized that these are only short-term developments and the market will soon recover with positive signs of the post-pandemic economy. In addition, the Company’s business activities still take place normally and stick to the set targets. The projects in the BCG segments according to representatives are guaranteed on schedule and legally compliant.


On the side of the authorities, Lieutenant General To An Xo also said that the Ministry of Public Security is directing the functional forces to collect and consolidate documents and evidence, resolutely handle strictly according to regulations all those who are arrested. subject to activities of posting false and unverified information, contributing to creating a stable and healthy business environment. The Ministry of Public Security recommends that people do not listen to and help spread false and unverified information.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here