Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Thematic (Sector/Industry)

Thailand Consumer discretionary / Thematic (Sector/Industry)

<ul><li>Two Japanese automakers, namely Suzuki and Subaru, will bid farewell to their production bases in Thailand almost at the same time amid the transition to the EV era.</li><li>Assessing the extent of the impact, it is anticipated that this decision will have a minimal adverse effect on both the overall automotive industry and the companies within our coverage, as the combined production capacity of Suzuki and Subaru constitutes less than 1% of Thailand's total automotive production.</li><li>However, the overall investment atmosphere in the auto sector will remain rather gloomy until signs of recovery in the domestic market become more apparent.</li></ul>

Two Japanese automakers, namely Suzuki and Subaru, will bid farewell to their production bases in Thailand almost at the same time amid the transition to the EV era.Assessing the extent of the impact, it is anticipated that this decision will have a minimal adverse effect on both the overall automotive industry and the companies within our coverage, as the combined production capacity of Suzuki and Subaru constitutes less than 1% of Thailand's total automotive production.However, the overall investment atmosphere in the auto sector will remain rather gloomy until signs of recovery in the domestic market become more apparent.

Automotive - Limited Impact from Suzuki’s Production Cease in Thailand