Krung Thai Bank (KTB) announced the purchase of DR shares from a famous Chinese gaming company – TENCENT80 Sale starts today (26 April) is the first day.
(26 Apr 2022) Krung Thai Bank ready to buy and sell DR – TENCENT80 First day, April 26, minimum investment of only 1 DR, trade in Thai baht. Eliminate foreign exchange problems Increase options for Thai investors to invest in world-class technology stocks It’s not far away anymore.
Mr. Rawin Boonyanusas Executive Vice President Money Market Capital Market Business Division Krung Thai Bank revealed that Krung Thai as a leading bank in Thailand Committed to developing financial products and services to meet the needs of customers Both savings and investment, the latest has developed investment products. to meet the needs of investors interested in investing in foreign stocks by offering options for foreign securities depository (DR) based on shares of Tencent Holdings Limited (Tencent DR) listed on the Hong Kong Stock Exchange (HKEX) and open to investors General Investment Subscription (IPO) on April 18-21, 2022, offering price 14.62 baht per unit.
The bank has now listed Tencent DR on the Stock Exchange of Thailand. interested investors Tencent DR can be traded under the abbreviation. “TENCENT80” in securities trading From April 26, 2022, investors can instantly invest through their existing trading accounts through any securities company. Minimum investment in the secondary market starting from only 1 DR, DR can be traded continuously throughout the day. There is no lunch break. However, DR trading is in Thai baht. Eliminate foreign currency exchange problems Making investment in foreign securities is not far away anymore.
Tencent DR is the ideal choice for investors interested in investing in stocks in leading global technology companies. which is the largest company with market capitalization in China Mainly operates a communication service business. The owner of China’s largest social media platform WeChat has a service covering fintech business WeChat Pay with billions of transactions per day. and is a global gaming company like RoV, Clash of Clans and PUBG.
Tencent is a leading global technology company that measures performance and meets environmental, social, and corporate governance (ESG) criteria, underscoring the bank’s core commitment to sustainable business practices. All groups of stakeholders Reinforcing its market leadership in creating ESG Financial Solutions that are ready to meet the Sustainable Development Goals (SDGs) by developing digital infrastructures to improve the quality of life of all groups of customers in many areas.
both in terms of bringing innovation to increase efficiency Develop and upgrade the Thai capital market Provide products and services that support continued economic growth. In particular, the IPO offering of foreign depository securities, Tencent DR, has also responded to the issue of reducing environmental problems By offering paperless subscription products and services, reducing trips to branches Make transactions via the application or online system immediately.
which is a channel that most investors can access It also answers the problem of reducing the inequality problem. Helping people of all groups to have equal access to investments with a system that is transparent, safe and can be inspected at every step The bank plans to continuously develop innovations in finance and investment. to meet investment needs for all groups of customers All levels for financial risk management and increased investment options under volatile global market conditions.”
As for future growth prospects, Tencent also invests and develops other businesses. As a cloud platform business and has a portfolio of investments in leading technology businesses such as Meituan, Sea, JD, Pinduoduo, Tencent has gained popularity with investors around the world. Tencent has the highest turnover volume on the stock exchange. Hong Kong (as of April 22, 2022), which is believed to be another alternative that meets the needs of Thai investors who wish to diversify their investments in technology stocks as well.
Source of news: Thai government
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