Stocks in the news (?) 03.03.25
TikTok pledged to spend $8.8b in data center hosting services in TH over next 5-yrs, > doubling an earlier investment target, to benefit IEs (WHA, AMATA), power plant (GULF, GPSC, BGRIM), telcos (ADVANC, TRUE), Hardware & IT solutions (BE8, BBIK), while banks likely benefit from surged demand for credit from online merchants to expand sales via TikTok (KBANK, KTB, SCB).
Comment: This is the only news on thai stocks today….interestingly crap.