Thailand accelerates efforts to attract Chinese investment from four major companies, targeting 70 billion baht

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Summary · why it matters

The Thai government has been conducting a roadshow in China, holding talks with four major companies: Changan Automobile, an electric vehicle manufacturer; Innolight Technology and Eoptolink Technology, producers of optical transceiver equipment for data centers and AI; and Xiaomi Corporation, a maker of smartphones and smart home appliances. The expected investment inflow into Thailand could reach as high as 70 billion baht. The BOI has also opened an office in Chengdu, which links the China-Laos-Thailand route, supporting the AMATA industrial estate and CP Group, which participated in the discussions. Meanwhile, WHA benefits from the data center business and the EV supply chain as production bases expand. However, it remains necessary to monitor the US Section 301 tariffs, which will impose a 12.5% levy on July 24, affecting seafood and processed food, though the impact on electronics is still unclear.

Impact on stocks 4

Electrification & Mobility▲ · 1 stocks
Xiaomi Corp
1810
▲ PositiveDemandrelevance

Xiaomi is a target of Thai investment roadshow, expected to invest in Thailand, boosting its production base.

Others▲ · 3 stocks
Eoptolink Technology Inc Ltd
300502
▲ PositiveDemandrelevance

Eoptolink Technology is a target of Thai roadshow for optical transceiver investment, benefiting from data center demand.

Theme Impact 4

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