LP Securities rebrands following HoSE listing and IPO

LPBank Securities (LPBS) has officially changed its name to LP Securities (LPS) following approval from the State Securities Commission of Vietnam. This rebranding follows the company's recent listing on the Ho Chi Minh City Stock Exchange (HoSE), which became effective on July 20, 2026, with the formal listing ceremony held on August 18, 2026.

The company recently completed an IPO of 141.86 million shares, raising over 4,256 billion VND at a price of 30,000 VND per share. This capital injection increased the company's charter capital from 12,668 billion VND to 14,086.6 billion VND. The funds are earmarked for margin lending, financial product investments, proprietary trading, and IT infrastructure.

In terms of financial performance, LP Securities reported a record pre-tax profit of 628 billion VND in the second quarter of 2026, representing a 140% increase compared to the same period in 2025. Operating revenue for the quarter reached nearly 1,664 billion VND, a 276% year-on-year increase.