PNJ stock price halved since early July following the arrest of the CEO of PNJ's appraisal company in a diamond smuggling case, and fell to the daily limit at 30,750 VND on July 24.

PNJ shares changed hands in over 8% volume with record liquidity on July 24, signaling renewed buying interest after recent declines.

PNJ limited product buyback transactions to 2 hours daily (3–5 p.m.) and restricted participating stores to 110 locations, representing one-quarter of its 430-store nationwide network.

Cao Ngoc Duy, brother-in-law of PNJ's chairwoman, completed a registered purchase of 300,000 PNJ shares, but the stock fell for three consecutive sessions while foreign funds continued selling.

Buying prices for PNJ brand gold from major Vietnamese retailers on July 23 are being closely watched as trading demand for PNJ gold surges.

Phu Nhuan Jewelry (PNJ) reported Q1 consolidated operating cash flow of over 3,500 billion VND, a strong reversal from the same period last year, driven mainly by inventory liquidation amid a diamond industry crisis.

SSI and many other brokerage firms have simultaneously removed PNJ stock from the margin-trading list.

PNJ's detailed buyback payment schedule is completed after 120 days, with the repurchase value paid in 5 installments.

Global diamond prices have fallen to their lowest since 2002 due to weak demand and competition from lab-grown diamonds, while PNJ still has to buy back diamonds at 70-90% of the selling price.

Dragon Capital sold shares of PNJ and is no longer a major shareholder; the fund group collected 102 billion VND based on the closing price on the trading day.

PNJ stock broke its bottom despite the CEO's reassurance, pushing market capitalization below 18,200 billion VND, a drop of over 13,800 billion VND from early July.

PNJ sends an apology letter to customers and investors after a surge in customers reselling diamonds caused delays in processing and payment.

PNJ officially announced its diamond transaction handling plan, reaffirming its commitment to fully fulfill 100% of its buyback obligations under its published policies.

A PNJ representative admitted for the first time that the company is under liquidity pressure and has prepared several trillion VND to buy back diamonds.

PNJ CEO spoke for the first time about the divestment from the Cashion diamond chain, stating PNJ invested nearly 4 billion VND in Nguoi Ban Vang, the operator of Cashion which closed 2 days ago.

Foreign investors sold PNJ strongly and proprietary traders sold HPG and STB on July 24.

Domestic gold prices in Vietnam plunged sharply on the morning of July 23, with gold bars dropping up to 6 million VND/tael on the buying side and 4 million VND/tael on the selling side, bringing the benchmark selling price to 142 million VND/tael; plain gold rings fell to 141-143 million VND/tael.

Domestic gold prices reversed lower early afternoon on July 22, with SJC gold bars only 100,000 dong/tael above the previous close; PNJ maintained notably lower buying prices compared to other major brands.

BTMC publicly disclosed the buying prices for PNJ, Doji, and Phu Quy gold; notably, PNJ adjusted its gold price on 2/7 in the opposite direction to the broader market.