InnovestX Securities launches DR23, investing in strong Chinese tech stocks - high dividend ETF, easy to trade like Thai stocks

311
Innovation Exchange Securities

InnovestX Securities launches first Depositary Receipt (DR) series DR23, 3 units, allowing Thais to access high-potential Chinese stocks and dividend ETFs, easy to buy and sell, like investing in Thai stocks, with a special promotion of no fees.

24 June 2568 Mr. Phayon Phongsawari, Chief Investment Officer InnovestX Securities Co., Ltd. Said at the opening ceremony of the trading of foreign securities debentures (DR) issued by Innovest X Securities Co., Ltd. that

In all market conditions, investors should have suitable and flexible investment options to generate returns. InnovestX has developed a world-class investment platform with tools and products covering all assets worldwide (All-Weather Products) to make investing easy and smooth and meet every investment timing.

Including DR23, which helps Thai investors access foreign stocks more easily, trade in Thai baht, under Thai supervision, reducing restrictions on both taxes and foreign investment procedures.

Innovation Exchange Securities

Mr. Phayon Phongsawari, Chief Investment Officer, InnovestX Securities Co., Ltd.

The first DR23 series selects quality Chinese ETFs and stocks from the Hong Kong market, which we see as a region with long-term growth potential and attractive valuations, supported by the government under the Made in China 2025 policy and rapid expansion in AI, EV and Cloud Computing.

  1. HSHD23 – The first high dividend DR ETF in Thailand references the Global X Hang Seng High Dividend Yield ETF (3110.HK), investing in Hong Kong stocks that pay high dividends and have lower volatility than the main index, supported by Chinese government policies that push SOEs to generate stable returns, such as PCCW Ltd (0008.HK), one of the largest telecommunications and technology companies in Hong Kong, or Uni-President China Holdings Ltd (0220.HK), a leading food and beverage manufacturing and distribution company in China, etc.
  2. CATL23 – DR CATL shares, the world's leading EV battery, dominates the market at 37%, is a key partner of Tesla, BMW, Mercedes-Benz, has a strong financial position, continuous growth in revenue and profit, reflecting opportunities in the clean energy theme of the future, including further growth with the energy storage system (ESS) business.
  3. BABA23 – DR shares of Alibaba, the leader in Chinese e-commerce through the Taobao–Tmall platform, along with Cloud, AI, and logistics businesses (Cainiao), have the potential to grow in both profits, cash, and continuous investment in technology. BABA23 is therefore suitable for investors looking for growth opportunities in the Chinese technology and innovation theme.

DR23 by InnovestX, rated AA by Fitch Ratings, opens the door to foreign investment, allowing Thai investors to access world-class stocks as easily as buying Thai stocks, with a trading price (Fair Price) that is in line with the underlying asset, adjusted with a competitive exchange rate, under the cooperation of the SCBX group, with Market Makers closely monitoring liquidity, enabling smooth trading and confidence in Market Stability.

DR23's strengths lie in its team of experts with direct experience in issuing and managing DRs, and its team of analysts from InnovestX Research who provide in-depth economic, fundamental, technical, and investment advice, and are ready for investors to study DR23's parent stocks and DR23 price calculation tools to help reduce Fair Value discrepancies for confident decision-making via the InnovestX application, an investment platform that is trusted by the SCBX Group, the only place where you can invest easily and gain an advantage in all market conditions worldwide.

Investors can type the symbols HSHD23, CATL23 or BABA23 in the Streaming app to place orders immediately. Whether you use an InnovestX account or another broker, all three DR23s can be traded like Thai stocks, giving everyone access to global investment opportunities with greater convenience and confidence.

Read news related to Thai stock situation - Thai stock market can be found here.





Money & Banking Magazine