On 16 April 2015, Ho Chi Minh City Securities Corporation (ticker HCM – HOSE) held the Annual General Meeting FY2014 under the theme “Redefining Moments”.

At the meeting the Report on operations in FY2014 of the Board of Directors, Report on business performance in FY2014, Business plan FY2015 by the Management Team, and other important contents were presented. Accordingly, in 2014, the shareholder return rate of HCM stock was 32%, including dividends and price appreciation on the market.

In 2015, HSC has targeted to achieve VND 779 billion in revenue, 324 billion in profit after tax based on the prediction that the average trading value in the market in 2015 will reach VND 4,000 billion/day, an increase of 33% from 2014. HSC’s brokerage market share is expected to achieve 11.1% in 2015, in which Private Client Division accounts for 8%, 0.6% higher than 2014, and Institutional Client Division takes 3.1%, a 0.1% increase from 2014. Also HSC aims to execute 30% of the overall foreign trading value in the whole market. Having foreseen the macroeconomic situation in 2015 with interest rates remained at a low level, the main streams of income of HSC will still be brokerage fee and margin income (accounting for 81% of the total revenue in 2015). The Board of Directors also presented for the Meeting’s approval the FY2014 second dividend of 16% and the projected FY2015 dividend of 12%, the same level with 2014’s plan.

Given the difficult business environment, in 2014 HSC focused on strengthening its corporate governance infrastructure. The Company completed and implemented a number of projects relating to the management and improvement of processes with an aim to maximize automation and systemization in order to minimize human errors. One of the most significant milestone of corporate governance acitivities in 2014 was the establishment of the Internal Audit Function, together with the Internal Audit Committee under the Board of Directors, which helps the Company’s corporate governance to be complete and more professional. In terms of the market development, HSC was one of the founding members and authorized participants of the first domestic Exchange-traded Funds - VFMVN30, contributing as a market maker, boosting the liquidity of Vietnam’s stock market.

To optimize utilities and meet the needs of clients who frequently trade on their mobile devices, in 2014 HSC launched an online trading application on iPad named HSC Trade Pro. Moreover, HSC introduced a new website at  with responsive web design which is automatically compatible on different device platforms as well as modern and outstanding features, which supports our investors at their best interests.