CGS-CIMB rebranded as “CGSI” following acquisition by China Galaxy Securities

The acquisition of 100% stake in CGS-CIMB Securities (Thailand) by China Galaxy Securities has led to the name change to CGS International Securities (Thailand) (CGSI).

• CGS-CIMB Securities (Thailand) has rebranded to CGS International Securities (Thailand) following China Galaxy Securities’ full acquisition, strengthening its ties with the Chinese government and expanding its regional presence.
• The acquisition is expected to enhance the relationship between China and Southeast Asia, providing CGS International Securities with greater connections to regional clients and investment opportunities.
• CGS International Securities Research holds a positive outlook on Thai hospital stocks, anticipating profit growth from increased foreign patient influx, particularly benefiting hospital groups like Bangkok Dusit Medical Services and Bumrungrad Hospital.

CGS-CIMB (Thailand) announced a name…