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 Utilities / Thematic (Sector/Industry)

<ul><li>We are neutral on the energy reform plan pending implementation details.</li><li>Household solar rooftops need sufficient incentives to meet the government's target of 0.5-1.0mn households.</li><li>Direct PPAs will cover all clean-power users, not only data centers, with no MW cap, but still await third-party access and wheeling charges.</li></ul>

We are neutral on the energy reform plan pending implementation details.Household solar rooftops need sufficient incentives to meet the government's target of 0.5-1.0mn households.Direct PPAs will cover all clean-power users, not only data centers, with no MW cap, but still await third-party access and wheeling charges.

Energy (Power): Energy Reform Advances Solar Rooftops and Direct PPAs - Overweight