Four Chinese giants set to invest 70 billion baht in Thailand, boosting industrial estates, automotive, parts, and energy stocks

Industry
โดย Thunhoon·Read original
Summary · why it matters

Asia Plus Securities research reports that four major Chinese technology and automotive companies are preparing to expand investments in Thailand worth a combined 70 billion baht this year, focusing on two future industries: AI and data center technology, where Innolight Technology and Eoptolink Technology will expand production bases for optical transceivers to support AI and cloud data center growth, and the electric vehicle industry, where Xiaomi Corporation is considering setting up an EV production base and research and development center in Thailand, while Changan Automobile is moving ahead with expanding production capacity from 100,000 to 200,000 units per year by 2030, along with establishing a regional headquarters and an EV R&D center. Stocks expected to benefit include industrial estate groups such as AMATA, WHA, ROJNA, and PIN; automotive groups such as AH, SAT, and STANLY; parts groups such as HANA, DELTA, KCE, and SMT; and energy groups such as GULF.

Impact on stocks 16

Semiconductors▲ · 3 stocks
Consumer Discretionary▲ · 3 stocks
Electrification & Mobility▲ · 2 stocks
Xiaomi Corp
1810
▲ PositiveDemandrelevance

Xiaomi is considering setting up an EV production base and R&D center in Thailand, expanding its manufacturing footprint.

Energy Transition & Power Demand▲ · 2 stocks
Climate Adaptation & Water▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks
Real Estate▲ · 1 stocks
Others▲ · 3 stocks
Eoptolink Technology Inc Ltd
300502
▲ PositiveDemandrelevance

Eoptolink Technology will expand production base for optical transceivers in Thailand to support AI and cloud data center growth.

Theme Impact 6

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