Connect with us


Thai SET rose as China eases Yuan policy



The Thai SET and regional markets rose on Monday after China decided to allow greater flexibility in the exchange rate of the yuan.Thai share prices peaked at 807.69 points and closed at 806.07 points, an increase of 1.80 per cent with the value of Bt29.9 billion.

Theerada Charnyingyong at Phillip Securities Thailand Pcl said the Thai stock index rallied thanks to China’s central bank announcement on currency exchange rate reform.

via Thai stocks up as China eases currency policy.

The 2009 market rally reflects the perception that valuations are about long-term potential, and that political crises in Thailand rarely have a dramatic impact on the fundamentals of the economy. If we look at the EV/EBITDA multiples of the oil and gas sector, for example, valuations are still low compared to regional peers. This is partly a reflection of regulatory risks and political instability in Thailand.  Ultimately, share performance reflects your company’s performance. But transparency and your free float are also critical factors.

The Securities and Exchange Act of 1992 (SEA), stipulates the Securities and Exchange Commission (SEC), a single unified supervisory agency, as the regulator of the Thai Capital Market. While the SEC oversees the development of the Kingdom’s capital market, the Bank of Thailand (BOT) is responsible for the country’s money market. The SEA also provides a clear separation between the primary and the secondary markets to facilitate their successful development. Both primary and secondary markets are regulated by the SEC.

Primary Market
The SEC oversees and regulates the primary market. In this regard, a company wishing to issue new securities, carry out an initial public offering (IPO) or offer additional securities to the public must first apply for SEC approval and comply with its filing requirements. The SEC is then required to carefully review the financial status and operations of the company before allowing the firm to issue securities to the public.

Click to comment

Leave a Reply


China Sustains Huge Ecommerce Development Investment Flows into ASEAN

What Asia Investment Research showed us that there were China outbound investments into several ASEAN markets, led by Singapore, and followed by Indonesia, Malaysia, Thailand, and the Philippines. Collectively, these markets saw circa 30 investments n Q3, or about 15 percent of total Chinese outbound volume. 




ASEAN Inbound Investments from China show strong trends in developing digital trade infrastructure.

Continue Reading


Chinese travellers name Thailand their ‘Recommended Travel Destination of the Year’

Thailand was the only outbound tourist destination receiving the award at the presentation ceremony in Shanghai. China is among the 63 approved countries and territories from where travellers can visit Thailand under quarantine-free entry requirements introduced on 1 November, 2021.



chinese tourist yaowarat

Thailand has won the ‘Recommended Travel Destination of the Year’ award at the 2021 City Travel Hotel Awards organised by the Chinese magazine City Travel.

Continue Reading


Most Read

Join 14,216 other subscribers