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 Capital goods / Thematic (Sector/Industry)

<ul><li>We are concerned about the outlook for Thailand’s automobile exports, which have recorded a significant YoY decline over the past two months.</li><li>Auto production in August slipped back into negative YoY growth.</li><li>Short-term share prices are expected to slow; we maintain a Neutral rating.</li></ul>

We are concerned about the outlook for Thailand’s automobile exports, which have recorded a significant YoY decline over the past two months.Auto production in August slipped back into negative YoY growth.Short-term share prices are expected to slow; we maintain a Neutral rating.

Automotive: Exports Turning Worrisome - Neutral