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 Financials / Thematic (Sector/Industry)

<ul><li>We recommend taking profit on TENCENT80, with a return of +1.7%, and initiating a new position in NETEASE80, a DR referencing NetEase, Inc., listed on the Hong Kong Stock Exchange.</li><li>The KTX DR Tactical Picks portfolio gained 0.86% from the previous day, supported by a continued rebound following signs of easing trade tensions between the US and China.</li><li>Our study using the KTX Fundamental USD/THB Tracker indicates that the baht is currently excessively weak.</li></ul>

We recommend taking profit on TENCENT80, with a return of +1.7%, and initiating a new position in NETEASE80, a DR referencing NetEase, Inc., listed on the Hong Kong Stock Exchange.The KTX DR Tactical Picks portfolio gained 0.86% from the previous day, supported by a continued rebound following signs of easing trade tensions between the US and China.Our study using the KTX Fundamental USD/THB Tracker indicates that the baht is currently excessively weak.

KTX Tactical DR Picks - October 17, 2025