Shares of the following companies may have unusual moves in Thailand trading. Stock symbols are in parentheses and prices are as of the close yesterday, unless otherwise stated.
Thai billionaire Dhanin Chearavanont, chairman of Charoen Pokphand Group, comments on the nation’s daily minimum wage and the baht. He made the remarks to reporters at a seminar in Bangkok today.
HSBC Holdings Plc is in talks to sell shares of Ping An Insurance Group Co. to Thailand’s Charoen Pokphand Group for about HK$74 billion ($9.6 billion), the Shanghai Securities News reported.
China Mobile Ltd., the world’s largest mobile-phone company by subscribers, agreed to buy an 18 percent stake in Thailand’s True Corp. for 28.6 billion baht ($880 million).