← Asia Plus Group Holdings PCL overview

Asia Plus Group Holdings PCL vs Stonex: 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.

Stonex Group Inc (SNEX)

Q3 2026
▲3

StoneX Earnings Surge, Shinhan Deal, RJO Synergies Drive Growth

  • Record Q2 earnings and revenue surge StoneX reported a 64% jump in operating revenues to $1.57 billion and net income up 143% to $174.3 million, beating estimates. This shows the company is growing fast and making more money, which pushes the stock price up.

    This is a major new earnings report that directly shows strong financial performance, a key driver of stock price.

  • Shinhan Bank partnership expands payments Shinhan Bank chose StoneX Payments as its cross-border payments partner, giving access to over 385 correspondent banks and 140 currencies. This adds a large new client and expands StoneX's reach in Asia, boosting future revenue and the stock price.

    This is a new strategic partnership that expands StoneX's customer base and global footprint, a positive growth signal.

  • Q3 earnings beat and RJO synergies on track StoneX beat Q3 earnings and revenue estimates, with net income up 102% year-over-year. The R.J. O'Brien acquisition is delivering cost savings, targeting $50 million in synergies by early 2027. This confirms strong growth and efficient integration, supporting a higher stock price.

    This is the latest earnings report and an update on cost synergies, both key to the company's profitability and stock valuation.

  • Valuation concerns after big rally Despite strong results, StoneX stock has rallied 110% in six months and now trades at 21 times forward earnings, well above peers. This high valuation means the stock could fall if future results disappoint, acting as a counterweight to the positive news.

    This provides a balanced view, highlighting a risk that could limit upside or cause a pullback, important for investors to know.

July 2026
▲3

StoneX Earnings Surge, Shinhan Deal, RJO Synergies Drive Growth

  • Record Q2 earnings and revenue surge StoneX reported a 64% jump in operating revenues to $1.57 billion and net income up 143% to $174.3 million, beating estimates. This shows the company is growing fast and making more money, which pushes the stock price up.

    This is a major new earnings report that directly shows strong financial performance, a key driver of stock price.

  • Shinhan Bank partnership expands payments Shinhan Bank chose StoneX Payments as its cross-border payments partner, giving access to over 385 correspondent banks and 140 currencies. This adds a large new client and expands StoneX's reach in Asia, boosting future revenue and the stock price.

    This is a new strategic partnership that expands StoneX's customer base and global footprint, a positive growth signal.

  • Q3 earnings beat and RJO synergies on track StoneX beat Q3 earnings and revenue estimates, with net income up 102% year-over-year. The R.J. O'Brien acquisition is delivering cost savings, targeting $50 million in synergies by early 2027. This confirms strong growth and efficient integration, supporting a higher stock price.

    This is the latest earnings report and an update on cost synergies, both key to the company's profitability and stock valuation.

  • Valuation concerns after big rally Despite strong results, StoneX stock has rallied 110% in six months and now trades at 21 times forward earnings, well above peers. This high valuation means the stock could fall if future results disappoint, acting as a counterweight to the positive news.

    This provides a balanced view, highlighting a risk that could limit upside or cause a pullback, important for investors to know.

Latest
▲3

StoneX Earnings Surge, Shinhan Deal, RJO Synergies Drive Growth

  • Record Q2 earnings and revenue surge StoneX reported a 64% jump in operating revenues to $1.57 billion and net income up 143% to $174.3 million, beating estimates. This shows the company is growing fast and making more money, which pushes the stock price up.

    This is a major new earnings report that directly shows strong financial performance, a key driver of stock price.

  • Shinhan Bank partnership expands payments Shinhan Bank chose StoneX Payments as its cross-border payments partner, giving access to over 385 correspondent banks and 140 currencies. This adds a large new client and expands StoneX's reach in Asia, boosting future revenue and the stock price.

    This is a new strategic partnership that expands StoneX's customer base and global footprint, a positive growth signal.

  • Q3 earnings beat and RJO synergies on track StoneX beat Q3 earnings and revenue estimates, with net income up 102% year-over-year. The R.J. O'Brien acquisition is delivering cost savings, targeting $50 million in synergies by early 2027. This confirms strong growth and efficient integration, supporting a higher stock price.

    This is the latest earnings report and an update on cost synergies, both key to the company's profitability and stock valuation.

  • Valuation concerns after big rally Despite strong results, StoneX stock has rallied 110% in six months and now trades at 21 times forward earnings, well above peers. This high valuation means the stock could fall if future results disappoint, acting as a counterweight to the positive news.

    This provides a balanced view, highlighting a risk that could limit upside or cause a pullback, important for investors to know.