Kasikornbank Public Company LimitedNamed as a bank benefiting from the foreign investment theme driven by AHKIA.
Krungsri Securities said Thailand has signed the ASEAN-Hong Kong Investment Agreement, or AHKIA, to open up investment markets between the two sides and attract investment from Hong Kong in high-potential target industries, focusing on automobiles, auto parts, and printed circuit boards, or PCB. In addition, the agreement will help promote supply chain connectivity and give Thai investors the opportunity to expand their businesses into Hong Kong to connect with the Chinese market. The research team assesses that sentiment toward the SET is positive given the continued approach of drawing foreign investment. Stocks that benefit from the investment theme include industrial estates AMATA and WHA, as well as banks KBANK, KTB, KKP, and BBL.
Kasikornbank Public Company LimitedNamed as a bank benefiting from the foreign investment theme driven by AHKIA.
Kiatnakin Phatra Bank Public Company LimitedNamed as a bank benefiting from the foreign investment theme driven by AHKIA.
Krung Thai Bank Public Company LimitedNamed as a bank benefiting from the foreign investment theme driven by AHKIA.
Amata Corporation Public Company LimitedAHKIA opens Hong Kong investment into Thai industrial estates, benefiting AMATA as a named beneficiary.
Bangkok Bank PCLNamed as a bank benefiting from the foreign investment theme driven by AHKIA.
WHA Corporation Public Company LimitedNamed as a beneficiary industrial estate from Hong Kong investment inflows under AHKIA targeting autos, auto parts, and PCB.