{ "id": 50422, "date": "2025-10-03T09:51:01", "date_gmt": "2025-10-03T02:51:01", "guid": { "rendered": "https:\/\/hbbgroup.net\/ctck-chi-ten-mot-nhom-co-phieu-trien-vong-don-song-cuoi-nam\/" }, "modified": "2025-10-03T09:51:01", "modified_gmt": "2025-10-03T02:51:01", "slug": "ctck-chi-ten-mot-nhom-co-phieu-trien-vong-don-song-cuoi-nam", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/ctck-chi-ten-mot-nhom-co-phieu-trien-vong-don-song-cuoi-nam\/", "title": { "rendered": "CTCK ch\u1ec9 t\u00ean m\u1ed9t nh\u00f3m c\u1ed5 phi\u1ebfu tri\u1ec3n v\u1ecdng “\u0111\u00f3n s\u00f3ng” cu\u1ed1i n\u0103m" }, "content": { "rendered": "
<\/figcaption>

Trong b\u00e1o c\u00e1o m\u1edbi \u0111\u00e2y, Ch\u1ee9ng kho\u00e1n Guotai Junan\u00a0tr\u00edch d\u1eabn nh\u1eadn \u0111\u1ecbnh c\u1ee7a Howard Mark, nh\u00e0 s\u00e1ng l\u1eadp Oaktree Capital Management v\u1ec1 b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i: \u201ctr\u1ea1ng th\u00e1i th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i kh\u00f4ng h\u1eb3n l\u00e0 bong b\u00f3ng, nh\u01b0ng m\u1ee9c gi\u00e1 kh\u00f4ng c\u00f2n r\u1ebb n\u1eefa\u201d. <\/p>\n

V\u1edbi nh\u1eadn \u0111\u1ecbnh TTCKVN hi\u1ec7n t\u1ea1i, Guotai Junan c\u0169ng \u0111\u1ed3ng thu\u1eadn r\u1eb1ng nhi\u1ec1u c\u1ed5 phi\u1ebfu kh\u00f4ng c\u00f2n r\u1ebb n\u1eefa, song song v\u1edbi \u0111\u00f3 v\u1eabn c\u00f2n nh\u1eefng c\u01a1 h\u1ed9i t\u0103ng tr\u01b0\u1edfng. \u0110\u1ed3ng th\u1eddi, c\u0169ng kh\u00f4ng lo\u1ea1i tr\u1eeb khuy\u1ebfn ngh\u1ecb c\u1ea7n thi\u1ebft l\u1eadp m\u1ed9t danh m\u1ee5c c\u00e2n b\u1eb1ng v\u00e0 gi\u1ea3m t\u00ednh \u0111\u1ea7u c\u01a1.\ufeff <\/p>\n

\n

\"CTCK <\/p>

<\/figcaption><\/figure>\n

M\u1eb7c d\u00f9 th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam tr\u1ea3i qua nhi\u1ec1u bi\u1ebfn \u0111\u1ed9ng trong th\u00e1ng 9, nh\u01b0ng v\u1eabn nh\u1eadn \u0111\u01b0\u1ee3c s\u1ef1 h\u1ed7 tr\u1ee3 t\u1eeb c\u00e1c y\u1ebfu t\u1ed1 n\u1ec1n t\u1ea3ng. Tri\u1ec3n v\u1ecdng t\u0103ng tr\u01b0\u1edfng l\u1ee3i nhu\u1eadn doanh nghi\u1ec7p c\u00f9ng b\u1ee9c tranh v\u0129 m\u00f4 t\u00edch c\u1ef1c ti\u1ebfp t\u1ee5c \u0111\u00f3ng vai tr\u00f2 d\u1eabn d\u1eaft. S\u1ed1 li\u1ec7u g\u1ea7n \u0111\u00e2y cho th\u1ea5y ho\u1ea1t \u0111\u1ed9ng xu\u1ea5t nh\u1eadp kh\u1ea9u v\u00e0 s\u1ea3n xu\u1ea5t duy tr\u00ec kh\u1ea3 quan v\u1edbi PMI tr\u00ean 50, trong khi \u0111\u1ea7u t\u01b0 c\u00f4ng \u0111ang \u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y m\u1ea1nh m\u1ebd v\u1edbi m\u1ee5c ti\u00eau gi\u1ea3i ng\u00e2n h\u1ebft k\u1ebf ho\u1ea1ch \u0111\u1ec1 ra t\u1eeb \u0111\u1ea7u n\u0103m. <\/p>\n

V\u1ec1 ch\u00ednh s\u00e1ch, Ch\u00ednh ph\u1ee7 ti\u1ebfp t\u1ee5c ph\u00e1t \u0111i nhi\u1ec1u t\u00edn hi\u1ec7u h\u1ed7 tr\u1ee3, nh\u01b0 ban h\u00e0nh quy \u0111\u1ecbnh m\u1edbi \u0111\u1ed1i v\u1edbi ho\u1ea1t \u0111\u1ed9ng kinh doanh v\u00e0ng, th\u00e1o g\u1ee1 v\u01b0\u1edbng m\u1eafc trong ph\u00e1t tri\u1ec3n b\u1ea5t \u0111\u1ed9ng s\u1ea3n, t\u0103ng c\u01b0\u1eddng gi\u00e1m s\u00e1t th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh, \u0111\u1ed3ng th\u1eddi \u0111\u1ea9y m\u1ea1nh c\u00e1c l\u0129nh v\u1ef1c m\u1edbi nh\u01b0 th\u1ecb tr\u01b0\u1eddng t\u00e0i s\u1ea3n s\u1ed1 hay x\u00e2y d\u1ef1ng trung t\u00e2m t\u00e0i ch\u00ednh t\u1ea1i Vi\u1ec7t Nam. <\/p>\n

Li\u00ean quan \u0111\u1ebfn th\u00f4ng tin n\u00e2ng h\u1ea1ng, theo quan \u0111i\u1ec3m c\u1ee7a Guotai Junan, n\u00e2ng h\u1ea1ng th\u1ecb tr\u01b0\u1eddng kh\u00f4ng ch\u1ec9 l\u00e0 m\u1ee5c ti\u00eau cu\u1ed1i c\u00f9ng m\u00e0 c\u00f2n ph\u1ea3n \u00e1nh nh\u1eefng ti\u1ebfn b\u1ed9 quan tr\u1ecdng c\u1ee7a TTCK Vi\u1ec7t Nam. Do \u0111\u00f3, ngay c\u1ea3 trong k\u1ecbch b\u1ea3n k\u00e9m t\u00edch c\u1ef1c (th\u1eddi \u0111i\u1ec3m n\u00e2ng h\u1ea1ng ch\u1eadm h\u01a1n k\u1ef3 v\u1ecdng), hi\u1ec7u \u1ee9ng t\u1eeb c\u00e1c c\u1ea3i c\u00e1ch v\u1eabn s\u1ebd mang l\u1ea1i t\u00e1c \u0111\u1ed9ng t\u00edch c\u1ef1c. <\/p>\n

Trong b\u1ed1i c\u1ea3nh kinh t\u1ebf Vi\u1ec7t Nam h\u01b0\u1edbng \u0111\u1ebfn m\u1ee5c ti\u00eau t\u0103ng tr\u01b0\u1edfng cao, qu\u00fd III-IV \u0111\u01b0\u1ee3c xem l\u00e0 th\u1eddi \u0111i\u1ec3m th\u00edch h\u1ee3p \u0111\u1ec3 t\u00ecm ki\u1ebfm c\u01a1 h\u1ed9i \u0111\u1ea7u t\u01b0 v\u00e0o nh\u1eefng c\u1ed5 phi\u1ebfu tri\u1ec3n v\u1ecdng cho n\u0103m 2026 \u1edf v\u00f9ng gi\u00e1 h\u1ea5p d\u1eabn. <\/p>\n

V\u1ec1 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 trong qu\u00fd cu\u1ed1i n\u0103m, nh\u00f3m c\u1ed5 phi\u1ebfu ng\u00e2n h\u00e0ng \u0111\u01b0\u1ee3c xem l\u00e0 tr\u1ecdng t\u00e2m <\/i> <\/b> . Ngo\u00e0i ra, m\u1ed9t s\u1ed1 m\u00e3 c\u00f3 tri\u1ec3n v\u1ecdng t\u0103ng tr\u01b0\u1edfng cao trong n\u0103m 2026 nh\u01b0\u00a0HPG, CTD, DBC\u00a0c\u0169ng \u0111\u00e1ng ch\u00fa \u00fd. Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n th\u1eadn tr\u1ecdng khi gi\u1ea3i ng\u00e2n trong b\u1ed1i c\u1ea3nh ch\u1ec9 s\u1ed1 dao \u0111\u1ed9ng v\u1edbi bi\u00ean \u0111\u1ed9 l\u1edbn, vi\u1ec7c qu\u1ea3n l\u00fd \u0111i\u1ec3m mua v\u00e0 m\u1ee9c c\u1eaft l\u1ed7 c\u1ea7n \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t ch\u1eb7t ch\u1ebd. <\/p>\n

Ti\u00eau bi\u1ec3u c\u00f3 nh\u00f3m ng\u00e2n h\u00e0ng, nh\u00f3m c\u00f4ng ngh\u1ec7 \u2013 nguy\u00ean li\u1ec7u c\u00f4ng ngh\u1ec7 (DGC), nh\u00f3m ng\u00e0nh ph\u00f2ng th\u1ee7 (DHC\u00a0\u2013 nguy\u00ean li\u1ec7u gi\u1ea5y v\u1edbi nhu c\u1ea7u cao). Ri\u00eang b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111ang b\u01b0\u1edbc v\u00e0o chu k\u1ef3 ph\u1ee5c h\u1ed3i nh\u1edd ch\u00ednh s\u00e1ch h\u1ed7 tr\u1ee3 c\u1ee7a Ch\u00ednh ph\u1ee7, song c\u1ea7n l\u01b0u \u00fd s\u1ef1 ph\u00e2n h\u00f3a r\u00f5 n\u00e9t, ch\u1ec9 nh\u1eefng doanh nghi\u1ec7p s\u1edf h\u1eefu l\u1ee3i th\u1ebf v\u01b0\u1ee3t tr\u1ed9i m\u1edbi th\u1ef1c s\u1ef1 h\u01b0\u1edfng l\u1ee3i. <\/p>\n<\/p><\/div>", "protected": false }, "excerpt": { "rendered": "

Trong b\u00e1o c\u00e1o m\u1edbi \u0111\u00e2y, Ch\u1ee9ng kho\u00e1n Guotai Junan\u00a0tr\u00edch d\u1eabn nh\u1eadn \u0111\u1ecbnh c\u1ee7a Howard Mark, nh\u00e0 s\u00e1ng l\u1eadp Oaktree Capital […]<\/p>", "protected": false }, "author": 5, "featured_media": 50423, "comment_status": "open", "ping_status": "open", "sticky": false, "template": "", "format": "standard", "meta": { "_acf_changed": false, "footnotes": "" }, "categories": [ 221 ], "tags": [], "class_list": [ "post-50422", "post", "type-post", "status-publish", "format-standard", "has-post-thumbnail", "hentry", "category-chung-khoan" ], "acf": [], "_links": { "self": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/50422", "targetHints": { "allow": [ "GET" ] } } ], "collection": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts" } ], "about": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/types\/post" } ], "author": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/users\/5" } ], "replies": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/comments?post=50422" } ], "version-history": [ { "count": 0, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/50422\/revisions" } ], "wp:featuredmedia": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media\/50423" } ], "wp:attachment": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media?parent=50422" } ], "wp:term": [ { "taxonomy": "category", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/categories?post=50422" }, { "taxonomy": "post_tag", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/tags?post=50422" } ], "curies": [ { "name": "wp", "href": "https:\/\/api.w.org\/{rel}", "templated": true } ] } }