2012 KPMG 决赛PPT.pptxVIP

Strategic Analysis of Ho Chi Minh City Securities Corporation Break the Unknown F(x) The Evolving External Environment Domestic Competition Situation Internal State Analysis Suggestions The Evolving External Environment The Evolving External Environment The Evolving External Environment Transition to buyer’s market Increase in Demand for Direct Financing Innovation in Financial Products and Instruments Shift of the Role of Securities Companies Transition to buyer’s market China Vietnam External Environment Increase in Demand for Direct Financing Vietnam China External Environment Innovation in Financial Products and Instruments Limited Financial Products (2006) Stocks Bonds Funds Total Number 106 367 2 Spot Trading Only No Future Trading Do Long Only No Short Mechanism Less Trading Product. Lack of Risk Hedging Mechanism. External Environment Shift of the role of Securities companies Direction of the transformation Strengthen the Intermediary Function Brokerage Investment Banking Assets Management Participate in Market Transaction Actively Principal Trading Direct Investment External Environment The Evolving External Environment Transition to buyer’s market Increase in Demand for Direct Financing Innovation in Financial Products and Instruments Shift of the Role of Securities Companies Domestic Competition Situation Domestic Competition Situation Loose-type oligopoly market indicates more opportunities Brokerage: Relative advantage Principal trading: A cautious approach Investment Banking: Weak Foundation Core Competitiveness: Human capital and Innovation “top 10 securities firms account for 57% Brokerage market share” —— Vietnam Chamber of Commerce and Industry TOP 10 Loose-type oligopoly market indicates more opportunities The Concentration Ratio : 30%＜CR4＜35% Intensely Quickly Competition Situation Brokerage: Relative advantage Corporation SSI BVSC HSC 2007 2008 2007 2008 2007 2008 Revenue from Brokerage (B