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>SPP power-plant stocks fell sharply today (BGRIM –6–7%, GPSC –5%), likely due to reports that the Consumer Council has filed a lawsuit with the Central Administrative Court against the National Energy Policy Council (NEPC) and the Energy Regulatory Commission (ERC).</li><li>The Central Administrative Court should take 1–2 months to decide whether to accept the case, after which the agencies must submit explanations within 30 days before fact-finding and judicial review begin.</li><li>We keep our top picks in companies with mainly IPP portfolios—lower in policy risk than SPPs—and strong exposure to US CCGT.</li></ul>

SPP power-plant stocks fell sharply today (BGRIM –6–7%, GPSC –5%), likely due to reports that the Consumer Council has filed a lawsuit with the Central Administrative Court against the National Energy Policy Council (NEPC) and the Energy Regulatory Commission (ERC).The Central Administrative Court should take 1–2 months to decide whether to accept the case, after which the agencies must submit explanations within 30 days before fact-finding and judicial review begin.We keep our top picks in companies with mainly IPP portfolios—lower in policy risk than SPPs—and strong exposure to US CCGT.

POWER: Consumer Council Files Suit to Scrap Adder, Claiming It Burdens Power Bills - Overweight