Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of Stock Exchange of Thailand as of Apr 18th. We estimate that they had an aggregated short interest worth USD1.8bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Advanced Info Service, PTT Oil and Retail.</li>
</ul>


We analyzed the changes in short interest of Stock Exchange of Thailand as of Apr 18th. We estimate that they had an aggregated short interest worth USD1.8bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Advanced Info Service, PTT Oil and Retail.


Thailand Short Interest Weekly (Apr 18th): Advanced Info Service, PTT Oil and Retail

<ul>
<li>We analyzed the changes in short interest of Stock Exchange of Thailand as of Apr 11th. We estimate that they had an aggregated short interest worth USD1.7bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in WHA Corporation PCL , Siam Cement PLC.</li>
</ul>


We analyzed the changes in short interest of Stock Exchange of Thailand as of Apr 11th. We estimate that they had an aggregated short interest worth USD1.7bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in WHA Corporation PCL , Siam Cement PLC.


Thailand Short Interest Weekly (Apr 11th): WHA, SCC

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

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.

Thematic (Sector/Industry)

<ul><li>Global bourses continued to decline amid escalating trade war concerns after the US imposed high import tariffs. Meanwhile, the SET faced additional pressure from risks related to a GDP.</li><li>contraction, pulling it down to a new low of 1,122.51 points.</li><li>Widespread selling was seen across multiple sectors, particularly in energy, banking, transportation, petroleum, electronics, and ICT.</li></ul>

Global bourses continued to decline amid escalating trade war concerns after the US imposed high import tariffs. Meanwhile, the SET faced additional pressure from risks related to a GDP.contraction, pulling it down to a new low of 1,122.51 points.Widespread selling was seen across multiple sectors, particularly in energy, banking, transportation, petroleum, electronics, and ICT.

<ul>
<li>We analyzed the changes in short interest of Stock Exchange of Thailand as of Apr 4th.We estimate that they had an aggregated short interest worth USD1.8bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Airports of Thailand, PTT E&amp;P, Bangkok Bank, Kasikornbank, CP ALL, CP AXTRA NVDR, Thai Oil, Supalai, Siri Prime Office Property Fd.</li>
</ul>


We analyzed the changes in short interest of Stock Exchange of Thailand as of Apr 4th.We estimate that they had an aggregated short interest worth USD1.8bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Airports of Thailand, PTT E&amp;P, Bangkok Bank, Kasikornbank, CP ALL, CP AXTRA NVDR, Thai Oil, Supalai, Siri Prime Office Property Fd.


Thailand Short Interest Weekly (Apr 4th): Airports of Thailand, PTT E&P, Bangkok Bank, Kasikornbank

<ul><li>The SET moved within a narrow range as the market awaited clarity on reciprocal tariffs.</li><li>Both large- and small-cap stocks fluctuated in a tight range with low trading volume, resulting in a sluggish market atmosphere throughout the day.</li><li>However, the index began to receive positive support from fund inflows.</li></ul>

The SET moved within a narrow range as the market awaited clarity on reciprocal tariffs.Both large- and small-cap stocks fluctuated in a tight range with low trading volume, resulting in a sluggish market atmosphere throughout the day.However, the index began to receive positive support from fund inflows.

Thailand

PTT Oil and Retail Business Public Company Limited distributes petroleum products. The Company offers oil, gas, fuels, LPG, lubricants, and other related items. PTT Oil and Retail Business serves customers in Thailand.

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PTT Oil & Retail Business (OR TB)

Thailand Short Interest Weekly (Apr 18th): Advanced Info Service, PTT Oil and Retail

We analyzed SET short interest report for the past week and highlighted short interest changes in Advanced Info Service, PTT Oil and Retail.

Ke Yan, CFA, FRM

Thailand Short Interest Weekly (Apr 11th): WHA, SCC

We analyzed SET short interest report for the past week and highlighted short interest changes in WHA Corporation PLC, SCC.

Ke Yan, CFA, FRM

Technical Analysis - APRIL 8, 2025

Global bourses continued to decline amid escalating trade war concerns after the US imposed high import tariffs. Meanwhile, the SET faced...

Krungthai XSpring

Thailand Short Interest Weekly (Apr 4th): Airports of Thailand, PTT E&P, Bangkok Bank, Kasikornbank

We analyzed SET short interest report for the past week and highlighted short interest changes in Airports of Thailand, PTT E&P, Bangkok Bank,...

Ke Yan, CFA, FRM

Technical Analysis - APRIL 3, 2025

Both large- and small-cap stocks fluctuated in a tight range with low trading volume, resulting in a sluggish market atmosphere throughout the day.

Krungthai XSpring

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