Thailand Recorder

Latest News From Thailand

Market

SET accepts DRx 4 new securities, starts trading on 21 June

The SET accepts 4 new foreign stock options. Giving Thai investors access to high-growth global artificial intelligence (AI) technology stocks with 3 DRx underlying Microsoft Corporation (MSFT80X), Alphabet Inc. (GOOG80X), and Nvidia. Corporation (NVDA80X) and DR based on Baidu Inc. (BIDU80) shares issued by Krungthai Bank. Start trading on the stock exchange on 21 June.

DRx is based entirely on the Nasdaq US stock, Microsoft Corporation (MSFT80X), a major software developer with one of the world's most well-known products, including operating systems. Windows microsoft office program and Internet Explorer program The company is also one of the major shareholders of ChatGPT, a well-known AI Chatbot that has been widely used for business expansion.

Alphabet, Inc. (GOOG80X) is the parent company of the well-known search engine Google. The company recently launched an AI chatbot called “Bard” and NVIDIA Corporation (NVDA80X), a gaming GPU market leader, extends its business to automotive and AI, including ChatGPT and AI-powered GPUs. of other service providers

In addition, the stock exchange Also listed DR shares on the Hong Kong Stock Exchange 1 securities, Baidu Inc. (BIDU80), China's largest search engine provider, has products and services covering many business segments such as Baidu App, Baidu Wiki, Baidu Map, Baidu Feed. , iQIYI and ERNIE Bot are global companies investing and developing AI technologies.

However, DRx and DR all 4 securities and started trading on the stock exchange. From June 21, 2023 onwards

DR is an instrument that investors have the opportunity to receive benefits similar to holding foreign securities. Investors can trade through their securities trading accounts with Thai baht. DRs are open for continuous trading throughout the trading hours of the SET, while DRx are open for trading during the business hours of the underlying securities in foreign markets. United States Open for trading at 20.00-04.00 (T+1) Thai time and investors can place trading orders without having to complete 1 unit of DRx (starting at 0.0001 unit) or trade in baht.-News Agency Thai

Source: Thai News Agency