EV boom creates Thai stock market star

BANGKOK -- A Thai subsidiary of Taiwanese power supply and auto parts manufacturer Delta Electronics has become the most valuable company on the Stock Exchange of Thailand, as it capitalizes on the global electric vehicle boom.   The shares of Delta Electronics Thailand have risen so high that it is now worth more than its Taiwanese corporate parent, fueling fears that it has become overvalued despite the bright prospects for the company.   Read the full story here.	View in browser
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	Asia Daily Briefing March 6, 2023

	EV boom creates unlikely stock market star in Thailand BANGKOK -- A Thai subsidiary of Taiwanese power supply and auto parts manufacturer Delta Electronics has become the most valuable company on the Stock Exchange of Thailand, as it capitalizes on the global electric vehicle boom.   The shares of Delta Electronics Thailand have risen so high that it is now worth more than its Taiwanese corporate parent, fueling fears that it has become overvalued despite the bright prospects for the company.   Read the full story here.
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