
What smart money is saying about Hoa Phat Group
1 fund in our archive has pitched Hoa Phat Group, most recently PYN Elite Erikoissijoitusrahasto in September 2026.
Hoa Phat Group Joint Stock Company produces and sells steel products in Vietnam. It engages in financial investments; integrated investment in construction; exploration and exploitation of minerals, metal ores, sand, stones, and gravel; production of cast iron, steel, structural metal products, tanks, reservoirs, containers, plated and non-plated steel pipes, inox pipes, rolled steel, roofing sheets, galvanized steel sheets, color coated steel sheets, and galvalum steel sheets; production and trading of non-ferrous metals and metal scraps; trading and import-export of steel, iron, metals, metal ores, and steel-making supplies; mechanical processing, metal treatment, and coating; production, trading, and assembly of construction and mining machinery; leasing machines, equipment, and motor vehicles; dealing in automobiles, motorcycles, transport vehicles, and parts for transport and mining sectors; production, trading, assembly, installation, repair, and maintenance of electrical, electronic, optical, medical, household, and civil electrical appliances; manufacturing and trading of air-conditioners, refrigeration products, freezers, and refrigerators; production and trading of plastic products; civil and industrial construction; and construction of railway works. it is also involved in domestic and foreign investment advisory; advertising; general support services; raising livestock; provision of livestock raising services; processing and preserving of meat and meat products; production of animal feeds for cattle, poultry, and aquaculture; production of fertilizers and nitrogen compounds; trading agricultural equipment, machinery, and accessories; restaurants and mobile food service activities; provision of catering services; beverage serving services; coastal, inland waterway, and ocean transportation; and entrusted export-import activities. Hoa Phat Group Joint Stock Company was founded in 1992 and is headquartered in Hung Yen, Vietnam.
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Position history
Every position in Hoa Phat Group on record in the archive was reported in Q3 2026, across 2 fund letters, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 2 positions
- September 2026
“Shares of Hoa Phat Group tumbled amid lower steel prices, seasonal weakness in construction during Vietnam's rainy season, and distributor destocking.”
Hoa Phat Group - HoldsPYN Elite ErikoissijoitusrahastoSeptember 2026
“HPG. Steelmaker Hoa Phat (HPG) holds a 30% stake in Hanoi’s massive Red River Boulevard real estate project. The project will turn settlements, some of them built without permits, and rice paddies along the Red River, which flows through the city of Hanoi, into housing, offices, parks, hotels and retail properties. The land is state-owned, and the state has already started clearing the area. As part of the project, our portfolio company HPG will build public infrastructure along the river and donate it to the Vietnamese state.”
Hoa Phat Group
Fund coverage · 1 thesis
- PYN Elite ErikoissijoitusrahastoSeptember 2026
Hoa Phat pairs strong steel earnings growth driven by Vietnam's infrastructure investment with a 30% stake in the Red River Boulevard project, which adds hidden balance sheet value beyond a modest P/E of 6.7.
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