← Asia Plus Group Holdings PCL overview

Asia Plus Group Holdings PCL vs Daiwa Securities: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Asia Plus Group Holdings PCL (ASP.BK)

Q3 2026
▲3

ASP's wealth push and new CEO reshape growth story

  • Wealth business drives AUM past 80 billion baht ASP is accelerating its wealth and asset management push, aiming to grow assets under management beyond 80 billion baht and cut reliance on volatile brokerage income. First-half profit jumped 516% to 324.92 million baht, with asset management now 43% of revenue. This steady fee income makes earnings more stable and supports the share price.

    This is the core growth engine lifting ASP's recurring income and profit outlook.

  • Legal partnership expands family wealth advisory Asia Plus Securities teamed up with The Capital Law to offer combined legal and wealth advice to business-owning families and rich clients. This widens its advisory services and can attract more assets, adding fee income over time. It reinforces the wealth strategy that is already boosting results.

    It shows a concrete step expanding the high-margin wealth advisory business.

  • Founder retires, new CEO takes over October 1 Founder and Executive Chairman Dr. Kongkiat retires after over 20 years, and Dr. Krits Panichphan becomes CEO on October 1. The succession was planned, and the new CEO aims to upgrade brokerage, technology and wealth products. Leadership change brings uncertainty, but a clear plan limits disruption.

    A major leadership transition directly affects ASP's strategy and investor confidence.

  • ASP underwrites TURBO bonds, earning fees ASP is underwriting TURBO's 1/2026 bonds, with interest up to 5.60% per year, open to institutional and high-net-worth investors October 5-7. Underwriting brings fee income and shows its capital markets franchise is active, a modest but steady positive for earnings.

    It is a fresh capital markets deal generating underwriting fees for ASP.

September 2026
▲3

ASP's wealth push and new CEO reshape growth story

  • Wealth business drives AUM past 80 billion baht ASP is accelerating its wealth and asset management push, aiming to grow assets under management beyond 80 billion baht and cut reliance on volatile brokerage income. First-half profit jumped 516% to 324.92 million baht, with asset management now 43% of revenue. This steady fee income makes earnings more stable and supports the share price.

    This is the core growth engine lifting ASP's recurring income and profit outlook.

  • Legal partnership expands family wealth advisory Asia Plus Securities teamed up with The Capital Law to offer combined legal and wealth advice to business-owning families and rich clients. This widens its advisory services and can attract more assets, adding fee income over time. It reinforces the wealth strategy that is already boosting results.

    It shows a concrete step expanding the high-margin wealth advisory business.

  • Founder retires, new CEO takes over October 1 Founder and Executive Chairman Dr. Kongkiat retires after over 20 years, and Dr. Krits Panichphan becomes CEO on October 1. The succession was planned, and the new CEO aims to upgrade brokerage, technology and wealth products. Leadership change brings uncertainty, but a clear plan limits disruption.

    A major leadership transition directly affects ASP's strategy and investor confidence.

  • ASP underwrites TURBO bonds, earning fees ASP is underwriting TURBO's 1/2026 bonds, with interest up to 5.60% per year, open to institutional and high-net-worth investors October 5-7. Underwriting brings fee income and shows its capital markets franchise is active, a modest but steady positive for earnings.

    It is a fresh capital markets deal generating underwriting fees for ASP.

Latest
▲3

ASP's wealth push and new CEO reshape growth story

  • Wealth business drives AUM past 80 billion baht ASP is accelerating its wealth and asset management push, aiming to grow assets under management beyond 80 billion baht and cut reliance on volatile brokerage income. First-half profit jumped 516% to 324.92 million baht, with asset management now 43% of revenue. This steady fee income makes earnings more stable and supports the share price.

    This is the core growth engine lifting ASP's recurring income and profit outlook.

  • Legal partnership expands family wealth advisory Asia Plus Securities teamed up with The Capital Law to offer combined legal and wealth advice to business-owning families and rich clients. This widens its advisory services and can attract more assets, adding fee income over time. It reinforces the wealth strategy that is already boosting results.

    It shows a concrete step expanding the high-margin wealth advisory business.

  • Founder retires, new CEO takes over October 1 Founder and Executive Chairman Dr. Kongkiat retires after over 20 years, and Dr. Krits Panichphan becomes CEO on October 1. The succession was planned, and the new CEO aims to upgrade brokerage, technology and wealth products. Leadership change brings uncertainty, but a clear plan limits disruption.

    A major leadership transition directly affects ASP's strategy and investor confidence.

  • ASP underwrites TURBO bonds, earning fees ASP is underwriting TURBO's 1/2026 bonds, with interest up to 5.60% per year, open to institutional and high-net-worth investors October 5-7. Underwriting brings fee income and shows its capital markets franchise is active, a modest but steady positive for earnings.

    It is a fresh capital markets deal generating underwriting fees for ASP.

Daiwa Securities Group Inc. (8601.JP)

Q3 2026
▲2▼2

Record buybacks boost Daiwa, but data leak and rival gains weigh

  • Record buyback wave supports Daiwa's market position Japanese companies authorized a record 12.7 trillion yen in buybacks from April to August, according to Daiwa data. This shows Daiwa's market influence and a strong shareholder-return trend that supports brokerage activity and share prices.

    It highlights a positive business trend and Daiwa's role as data source, which can lift sentiment.

  • Customer data leak at vendor hits Daiwa Daiwa Securities said about 110,000 customers' data may have leaked after unauthorized access at an outsourced vendor. This raises regulatory and reputational risk, which can pressure the stock until the issue is resolved.

    It is a new negative event directly tied to Daiwa, affecting trust and compliance.

  • Mizuho-Rakuten alliance overtakes Daiwa in custody assets Mizuho Securities and Rakuten Securities now hold 121.7 trillion yen in combined custody assets, surpassing Daiwa's 116 trillion yen. This signals Daiwa losing ground to a rival, which could weigh on its competitive position and valuation.

    It shows a competitive threat that may affect Daiwa's market share and pricing power.

  • Daiwa advances blockchain settlement with stablecoins Daiwa participated in Project Trinity's second phase, settling digital securities using stablecoins. This positions Daiwa at the forefront of blockchain-based settlement, a potential long-term efficiency and revenue driver.

    It shows Daiwa embracing new technology that could improve its operations and competitiveness.

September 2026
▲2▼2

Record buybacks boost Daiwa, but data leak and rival gains weigh

  • Record buyback wave supports Daiwa's market position Japanese companies authorized a record 12.7 trillion yen in buybacks from April to August, according to Daiwa data. This shows Daiwa's market influence and a strong shareholder-return trend that supports brokerage activity and share prices.

    It highlights a positive business trend and Daiwa's role as data source, which can lift sentiment.

  • Customer data leak at vendor hits Daiwa Daiwa Securities said about 110,000 customers' data may have leaked after unauthorized access at an outsourced vendor. This raises regulatory and reputational risk, which can pressure the stock until the issue is resolved.

    It is a new negative event directly tied to Daiwa, affecting trust and compliance.

  • Mizuho-Rakuten alliance overtakes Daiwa in custody assets Mizuho Securities and Rakuten Securities now hold 121.7 trillion yen in combined custody assets, surpassing Daiwa's 116 trillion yen. This signals Daiwa losing ground to a rival, which could weigh on its competitive position and valuation.

    It shows a competitive threat that may affect Daiwa's market share and pricing power.

  • Daiwa advances blockchain settlement with stablecoins Daiwa participated in Project Trinity's second phase, settling digital securities using stablecoins. This positions Daiwa at the forefront of blockchain-based settlement, a potential long-term efficiency and revenue driver.

    It shows Daiwa embracing new technology that could improve its operations and competitiveness.

Latest
▲2▼2

Record buybacks boost Daiwa, but data leak and rival gains weigh

  • Record buyback wave supports Daiwa's market position Japanese companies authorized a record 12.7 trillion yen in buybacks from April to August, according to Daiwa data. This shows Daiwa's market influence and a strong shareholder-return trend that supports brokerage activity and share prices.

    It highlights a positive business trend and Daiwa's role as data source, which can lift sentiment.

  • Customer data leak at vendor hits Daiwa Daiwa Securities said about 110,000 customers' data may have leaked after unauthorized access at an outsourced vendor. This raises regulatory and reputational risk, which can pressure the stock until the issue is resolved.

    It is a new negative event directly tied to Daiwa, affecting trust and compliance.

  • Mizuho-Rakuten alliance overtakes Daiwa in custody assets Mizuho Securities and Rakuten Securities now hold 121.7 trillion yen in combined custody assets, surpassing Daiwa's 116 trillion yen. This signals Daiwa losing ground to a rival, which could weigh on its competitive position and valuation.

    It shows a competitive threat that may affect Daiwa's market share and pricing power.

  • Daiwa advances blockchain settlement with stablecoins Daiwa participated in Project Trinity's second phase, settling digital securities using stablecoins. This positions Daiwa at the forefront of blockchain-based settlement, a potential long-term efficiency and revenue driver.

    It shows Daiwa embracing new technology that could improve its operations and competitiveness.