Asia First to Market

研报英文原文证据摘录

Asia First to Market

Memory foundry pricing to drive strong GM uptick, new avenues for Indian Electric Utilities & IPPs (Atul Tiwari)

memory and logic growth; upgrade to OW Power Demand Firms Up In Summer Heat, Market Remains Well

Supplied

▲ | SCB X PCL (SCB.BK – Neutral), Thailand (Harsh Wardhan

Modi) Indian Oil Marketing Companies (Sanjay Mookim)

Asean Financials: Upgrading BBL & SCB, downgrading MAY OMC Margin Meter: petrol / diesel margins back above pre-

conflict levels

Price Target and Estimate Changes

Korea Defense (Simon Han)

Bangkok Bank (BBL.BK – Overweight), Thailand (Harsh Wardhan What’s new in Korea defense? Order visibility heightening for

Modi) missile systems and navy; all eyes on Canada submarine deal

Asean Financials: Upgrading BBL & SCB, downgrading MAY

Korea Utilities & Nuclear EPC (Sonny Lee)

Hyundai Autoever (307950.KS – Neutral), South Korea (Sonny Korea nuclear update: Korea launches Korea-US Strategic

Lee) Investment Corporation

Korea Auto Parts & Robotics: Navigating the world of SDVs and

robotics; initiate coverage of Mobis (N) and Mando (UW),u/g Transition Talks (Alan Hon)

Autoever to N El Niño: Sunbaked summer and transition trades

Kasikornbank PCL (KBANK.BK – Neutral), Thailand (Harsh Strategy

Wardhan Modi)

Model Update EM Money Trail (Rajiv Batra / Emy Shayo Cherman / Anindita

Gandhi)

Krung Thai Bank (KTB.BK – Underweight), Thailand (Harsh Redemptions moderate as GEM outflows ease

Asean Financials: Upgrading BBL & SCB, downgrading MAY Japan Quant Strategy (Masanari Takada)

MLCCs and supply bottleneck effect: Next candidates, momentum

Maybank (Malayan Banking) (MBBM.KL – Neutral), Malaysia positions, and tailwind from long-term investors’ shift to Japan

(Harsh Wardhan Modi)

Asean Financials: Upgrading BBL & SCB, downgrading MAY Economics