InnovestX Launches First Set of Depositary Receipt (DR) Products in Thailand

Strategic Insights -

Thai investors are now able to diversify their portfolios and access foreign stocks more easily, thanks to the launch of InnovestX's first set of Depositary Receipt (DR) products. The three newly launched DRs, HSHD23, CATL23, and BABA23, offer a unique opportunity for investors to invest in prominent stocks in the high-dividend group, future battery tech stocks, and e-commerce technology groups from China. With the introduction of these DRs, the Stock Exchange of Thailand aims to promote access to foreign investment, making it easy, convenient, and as efficient as investing in Thai stocks.

Key Takeaways:

  • InnovestX, a securities company in the SCBX group, has launched its first set of three Depositary Receipt (DR) products, HSHD23, CATL23, and BABA23, which can be traded from June 24, 2025, on the Thai stock market via the Streaming app.
  • The three DRs offer exposure to high-dividend stocks, future battery tech, and e-commerce technology groups from China, providing Thai investors with a diversified investment opportunity.
  • The launch of DRs is in line with the Stock Exchange of Thailand's policy to promote access to foreign investment, making it easy, convenient, and as efficient as investing in Thai stocks.
  • DR instruments have continuously received increasing interest, with a total Market Capitalization of approximately 34 billion baht as of the end of May 2025, an increase of approximately 15% from the previous year.
  • The average daily trading value of DRs was approximately 550 million baht, an increase of more than 125% from the previous year.
  • The introduction of DRs offers Thai investors a new alternative to invest in interesting stocks and ETFs listed on stock exchanges in Asia, Europe, and America.
  • InnovestX's Chief Investment Officer, Payon Phongsawari, emphasized the importance of having appropriate and flexible investment options to generate returns, particularly in every market situation.
  • InnovestX has developed an investment platform that covers all assets worldwide (All-Weather Products) to make investing easy and smooth, and to meet every investment opportunity, including DR23.

Statistics:

  • Total Market Capitalization of DRs as of the end of May 2025: approximately 34 billion baht
  • Increase in Total Market Capitalization from the previous year: approximately 15%
  • Average daily trading value of DRs: approximately 550 million baht
  • Increase in average daily trading value of DRs from the previous year: more than 125%
  • Number of registered DRs: 123 (including individual stocks and ETFs listed on stock exchanges in Asia, Europe, and America)

Sources:

  • Thai News Agency, "InnovestX Launches First Set of Depositary Receipt (DR) Products in Thailand"
  • InnovestX Securities Co., Ltd.
  • Stock Exchange of Thailand
  • Global X by Mirae Asset
  • Facebook: @InnovestX
  • Line: @InnovestX