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

Equity Bottom-Up

<ul><li>The launch of ultra-premium products such as Apple's iPhone Duo, together with price increases across the company's mobile-related product range, should sustain strong revenue growth for IT retailers throughout 2H26 and into 2027.</li><li>We maintain our Overweight rating on the sector and expect COM7 to benefit the most.</li><li>We are positive on the launch of the iPhone 18 Duo, as it signals Apple's full-scale entry into the foldable smartphone market.</li></ul>

The launch of ultra-premium products such as Apple's iPhone Duo, together with price increases across the company's mobile-related product range, should sustain strong revenue growth for IT retailers throughout 2H26 and into 2027.We maintain our Overweight rating on the sector and expect COM7 to benefit the most.We are positive on the launch of the iPhone 18 Duo, as it signals Apple's full-scale entry into the foldable smartphone market.

Commerce IT: The New Normal Has Arrived – Overweight

Com7

Commerce IT: The New Normal Has Arrived – Overweight