{"id":3155,"date":"2026-06-11T14:12:26","date_gmt":"2026-06-11T06:12:26","guid":{"rendered":"https:\/\/alphasoutheastasia.com\/awards\/?page_id=3155"},"modified":"2026-09-18T19:08:55","modified_gmt":"2026-09-18T11:08:55","slug":"league-tables-2024","status":"publish","type":"page","link":"https:\/\/alphasoutheastasia.com\/awards\/league-tables-2024\/","title":{"rendered":"League Tables: Thailand"},"content":{"rendered":"\n

 <\/h2>\n\n\n\n

 <\/p>\n\n\n\n\n\n

League Tables: Thailand<\/p>\n\n\n\n

Leading Equity Houses: Thailand 2025<\/strong><\/mark><\/p>\n\n\n\n

Leading Equity Houses in Thailand 2025<\/mark><\/strong><\/td>Leading Equity Houses in Thailand 2025<\/strong><\/td>Rank<\/strong><\/td>Market Share<\/strong><\/td>Deals<\/strong><\/td><\/tr>
Kiatnakin Phatra Finl Grp<\/td>1,298.84<\/td>1<\/td>77.19<\/td>1<\/td><\/tr>
China Galaxy Securities Co<\/td>85.04<\/td>2<\/td>5.05<\/td>2<\/td><\/tr>
TISCO Bank PCL<\/td>69.64<\/td>3<\/td>4.14<\/td>1<\/td><\/tr>
Bualuang Securities PCL<\/td>43.48<\/td>4*<\/td>2.58<\/td>1<\/td><\/tr>
CIMB Group Holdings Bhd<\/td>43.48<\/td>4*<\/td>2.58<\/td>1<\/td><\/tr>
JP MorganJP Morgan<\/td>43.48<\/td>4*<\/td>2.58<\/td>1<\/td><\/tr>
UBS<\/td>43.48<\/td>4*<\/td>2.58<\/td>1<\/td><\/tr>
Finansia Syrus Securities PCL<\/td>36.36<\/td>8<\/td>2.16<\/td>4<\/td><\/tr>
Phillip Securities Pte Ltd<\/td>9.34<\/td>9<\/td>0.56<\/td>2<\/td><\/tr>
Pi Advisory Co Ltd<\/td>3.57<\/td>10<\/td>0.21<\/td>1<\/td><\/tr>
Beyond Securities PCL<\/td>3.19<\/td>11<\/td>0.19<\/td>1<\/td><\/tr>
Fortune Origin Securities Ltd<\/td>1.23<\/td>12<\/td>0.07<\/td>1<\/td><\/tr>
President Securities Corp<\/td>0.96<\/td>13<\/td>0.06<\/td>1<\/td><\/tr>
GBA Capital Pty Ltd<\/td>0.32<\/td>14*<\/td>0.02<\/td>1<\/td><\/tr>
Novus Capital Ltd<\/td>0.32<\/td>
14*<\/td>		0.02<\/td>1<\/td><\/tr>
<\/td><\/td><\/td><\/td><\/td><\/tr>
Industry total<\/mark><\/strong><\/td>1,682.73<\/strong><\/td>–<\/td>100.00<\/strong><\/td>16<\/strong><\/td><\/tr>
Period: <\/mark><\/strong>12\/01\/2024 – 11\/30\/2025<\/td><\/td><\/td><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Leading Equity Houses: Thailand 2024<\/strong><\/mark><\/p>\n\n\n\n

Leading Equity Houses in Thailand 2024<\/mark><\/strong><\/td>Proceeds (US$ Mil)<\/strong><\/td>Rank<\/strong><\/td>Market Share<\/strong><\/td>Deals<\/strong><\/td><\/tr>
Bualuang Securities PCL<\/td>279.14<\/td>1<\/td>20.89<\/td>3<\/td><\/tr>
Kiatnakin Phatra Finl Grp<\/td>152.43<\/td>2<\/td>11.41<\/td>1<\/td><\/tr>
Malayan Banking Bhd<\/td>134.36<\/td>3<\/td>10.05<\/td>4<\/td><\/tr>
Kasikornbank PCL<\/td>128.71<\/td>4<\/td>9.63<\/td>3<\/td><\/tr>
CIMB Group Holdings Bhd<\/td>114.65<\/td>5<\/td>8.58<\/td>3<\/td><\/tr>
Yuanta Financial Hldg Co Ltd<\/td>99.66<\/td>6<\/td>7.46<\/td>3<\/td><\/tr>
UOB Kay Kian Securities<\/td>82.90<\/td>7<\/td>6.20<\/td>1<\/td><\/tr>
Bangkok Bank<\/td>50.55<\/td>8*<\/td>3.78<\/td>1<\/td><\/tr>
Citi<\/td>50.55<\/td>8*<\/td>3.78<\/td>1<\/td><\/tr>
CITIC<\/td>50.55<\/td>8*<\/td>3.78<\/td>1<\/td><\/tr>
UBS<\/td>50.55<\/td>8*<\/td>3.78<\/td>1<\/td><\/tr>
Trinity Securities Co Ltd<\/td>24.99<\/td>12<\/td>1.87<\/td>2<\/td><\/tr>
Finansia Syrus Securities PCL<\/td>24.57<\/td>13<\/td>1.84<\/td>4<\/td><\/tr>
Asia Plus Securities PCL<\/td>15.42<\/td>14<\/td>1.15<\/td>1<\/td><\/tr>
Jay Capital Advisory Ltd<\/td>14.76<\/td>15<\/td>1.10<\/td>1<\/td><\/tr>
ASL Securities Co Ltd<\/td>11.53<\/td>16<\/td>0.86<\/td>3<\/td><\/tr>
Lego Securities Ltd<\/td>10.35<\/td>17<\/td>0.77<\/td>1<\/td><\/tr>
KGI Financial Services Group<\/td>9.34<\/td>18<\/td>0.70<\/td>3<\/td><\/tr>
Globlex Securities Ltd<\/td>9.20<\/td>19<\/td>0.69<\/td>3<\/td><\/tr>
OptAsia Capital Co Ltd<\/td>5.31<\/td>20<\/td>0.40<\/td>1<\/td><\/tr>
Cheong Lee Securities Co Ltd<\/td>3.84<\/td>21<\/td>0.29<\/td>1<\/td><\/tr>
Asia Securities Co Ltd<\/td>2.77<\/td>22*<\/td>0.21<\/td>1<\/td><\/tr>
Beyond Securities PCL<\/td>2.77<\/td>22*<\/td>0.21<\/td>1<\/td><\/tr>
Krungsri Securities Ltd<\/td>2.77<\/td>22*<\/td>0.21<\/td>1<\/td><\/tr>
Finansa Securities Ltd<\/td>1.76<\/td>25<\/td>0.13<\/td>1<\/td><\/tr>
<\/td><\/td><\/td><\/td><\/td><\/tr>
Industry total<\/mark><\/strong><\/td>1,336.43<\/strong><\/td>–<\/strong><\/td>100.00<\/strong><\/td>30<\/strong><\/td><\/tr>
Period:<\/strong> <\/mark>12\/01\/2023 – 12\/01\/2024<\/td><\/td><\/td><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Leading Equity Houses: Thailand 2023<\/strong><\/mark><\/p>\n\n\n\n

Leading Equity Houses in Thailand 2023<\/mark><\/strong><\/td>Proceeds (US$ Mil)<\/strong><\/td>Rank<\/strong><\/td>Market Share<\/strong><\/td>Deals<\/strong><\/td><\/tr>
UBS<\/td>402.1<\/td>1<\/td>16.9<\/td>3<\/td><\/tr>
Finansia Syrus Securities PCL<\/td>345.4<\/td>2<\/td>14.5<\/td>15<\/td><\/tr>
JP Morgan<\/td>231.5<\/td>3<\/td>9.7<\/td>1<\/td><\/tr>
HSBC Holdings PLC<\/td>200.8<\/td>4<\/td>8.4<\/td>1<\/td><\/tr>
KGI Financial Services Group<\/td>107.6<\/td>5<\/td>4.5<\/td>14<\/td><\/tr>
Bualuang Securities PCL<\/td>95.1<\/td>6<\/td>4.0<\/td>5<\/td><\/tr>
Asia Plus Securities PCL<\/td>93.7<\/td>7<\/td>3.9<\/td>7<\/td><\/tr>
United Overseas Bank Ltd<\/td>88.2<\/td>8<\/td>3.7<\/td>5<\/td><\/tr>
Kiatnakin Phatra Finl Grp<\/td>87.9<\/td>9<\/td>3.7<\/td>1<\/td><\/tr>
Finansa Securities Ltd<\/td>86.5<\/td>10<\/td>3.6<\/td>4<\/td><\/tr>
Yuanta Financial Hldg Co Ltd<\/td>83.0<\/td>11<\/td>3.5<\/td>7<\/td><\/tr>
Kasikornbank PCL<\/td>80.9<\/td>12<\/td>3.4<\/td>4<\/td><\/tr>
Globlex Securities Ltd<\/td>80.7<\/td>13<\/td>3.4<\/td>7<\/td><\/tr>
Malayan Banking Bhd<\/td>75.2<\/td>14<\/td>3.2<\/td>4<\/td><\/tr>
Krung Thai Bank<\/td>56.7<\/td>15<\/td>2.4<\/td>7<\/td><\/tr>
CIMB Group Holdings Bhd<\/td>54.6<\/td>16<\/td>2.3<\/td>7<\/td><\/tr>
Krungsri Securities Ltd<\/td>49.4<\/td>17<\/td>2.1<\/td>6<\/td><\/tr>
Trinity Securities Co Ltd<\/td>32.2<\/td>18<\/td>1.4<\/td>5<\/td><\/tr>
Phillip Securities<\/td>28.4<\/td>19<\/td>1.2<\/td>3<\/td><\/tr>
Nomura<\/td>21.4<\/td>20<\/td>.9<\/td>1<\/td><\/tr>
TISCO Bank PCL<\/td>15.6<\/td>21<\/td>.7<\/td>1<\/td><\/tr>
Thanachart Capital PCL<\/td>13.0<\/td>22<\/td>.6<\/td>2<\/td><\/tr>
Country Group Securities PCL<\/td>11.8<\/td>23<\/td>.5<\/td>3<\/td><\/tr>
Aira Securities PCL<\/td>11.1<\/td>24<\/td>.5<\/td>3<\/td><\/tr>
DBS Group Holdings<\/td>8.2<\/td>25<\/td>.3<\/td>1<\/td><\/tr>
<\/td><\/td><\/td><\/td><\/td><\/tr>
Industry Total<\/mark><\/strong><\/td>2,382.6<\/strong><\/td>–<\/strong><\/td>100.0<\/strong><\/td>45<\/strong><\/td><\/tr>
Source: <\/strong>LSEG  <\/td><\/td><\/td><\/td><\/td><\/tr>
Period: <\/mark><\/strong>December 1, 2022 – November 30, 2023<\/td><\/td><\/td><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Leading Equity Houses: Thailand 2022<\/strong><\/mark><\/p>\n\n\n\n

Leading Equity Houses in Thailand 2022<\/mark><\/strong><\/td>Proceeds (US$ Mil)<\/strong><\/td>Rank<\/strong><\/td>Market Share<\/strong><\/td>Deals<\/strong><\/td><\/tr>
Kiatnakin Phatra Finl Grp<\/td>651.9<\/td>1<\/td>13.7<\/td>3<\/td><\/tr>
Bualuang Securities PCL<\/td>607.2<\/td>2<\/td>12.8<\/td>3<\/td><\/tr>
Siam Commercial Bank PLC<\/td>411.4<\/td>3<\/td>8.6<\/td>1<\/td><\/tr>
Kasikornbank PCL<\/td>408.1<\/td>4<\/td>8.6<\/td>4<\/td><\/tr>
UBS<\/td>305.5<\/td>5*<\/td>6.4<\/td>1<\/td><\/tr>
JP Morgan<\/td>305.5<\/td>5*<\/td>6.4<\/td>1<\/td><\/tr>
BofA Securities Inc<\/td>296.8<\/td>7<\/td>6.2<\/td>2<\/td><\/tr>
Finansia Syrus Securities PCL<\/td>264.1<\/td>8<\/td>5.6<\/td>11<\/td><\/tr>
Credit Suisse<\/td>165.8<\/td>9<\/td>3.5<\/td>2<\/td><\/tr>
Nomura<\/td>139.3<\/td>10<\/td>2.9<\/td>2<\/td><\/tr>
Krungsri Securities Ltd<\/td>136.5<\/td>11<\/td>2.9<\/td>2<\/td><\/tr>
Macquarie Group<\/td>134.7<\/td>12*<\/td>2.8<\/td>1<\/td><\/tr>
Citi<\/td>134.7<\/td>12*<\/td>2.8<\/td>1<\/td><\/tr>
Asia Plus Securities PCL<\/td>119.1<\/td>14<\/td>2.5<\/td>8<\/td><\/tr>
Yuanta Financial Hldg Co Ltd<\/td>110.5<\/td>15<\/td>2.3<\/td>5<\/td><\/tr>
TISCO Bank PCL<\/td>96.1<\/td>16<\/td>2.0<\/td>2<\/td><\/tr>
United Overseas Bank Ltd<\/td>64.4<\/td>17<\/td>1.4<\/td>4<\/td><\/tr>
Oaklins<\/td>59.5<\/td>18<\/td>1.3<\/td>2<\/td><\/tr>
Daol Invest & Sec Co Ltd<\/td>50.6<\/td>19<\/td>1.1<\/td>6<\/td><\/tr>
HSBC Holdings PLC<\/td>49.7<\/td>20<\/td>1.0<\/td>1<\/td><\/tr>
KGI Financial Services Group<\/td>47.4<\/td>21<\/td>1.0<\/td>6<\/td><\/tr>
CIMB Group Holdings Bhd<\/td>45.1<\/td>22<\/td>1.0<\/td>5<\/td><\/tr>
Globlex Securities Ltd<\/td>41.0<\/td>23<\/td>.9<\/td>3<\/td><\/tr>
Trinity Securities Co Ltd<\/td>33.8<\/td>24<\/td>.7<\/td>3<\/td><\/tr>
Malayan Banking Bhd<\/td>20.7<\/td>25<\/td>.4<\/td>3<\/td><\/tr>
<\/td><\/td><\/td><\/td><\/td><\/tr>
Industry Total<\/mark><\/strong><\/td>4,761.7<\/td>–<\/strong><\/td>100.0<\/strong><\/td>43<\/strong><\/td><\/tr>
Source: <\/strong>Refinitiv, an LSEG business   <\/td><\/td><\/td><\/td><\/td><\/tr>
Period:<\/strong> <\/mark>December 1, 2021 – November 30, 2022<\/td><\/td><\/td><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Leading Equity Houses: Thailand 2021<\/strong><\/mark><\/p>\n\n\n\n

Leading Equity Houses in Thailand 2021<\/mark><\/strong><\/td>Proceeds (US$ Mil)<\/strong><\/td>Rank<\/strong><\/td>Market Share<\/strong><\/td>Deals<\/strong><\/td><\/tr>
Kiatnakin Phatra<\/td>29,184.4<\/td>1<\/td>18.2<\/td>5<\/td><\/tr>
Morgan Stanley<\/td>27,214.9<\/td>2<\/td>17.0<\/td>4<\/td><\/tr>
UBS<\/td>12,696.4<\/td>3<\/td>7.9<\/td>1<\/td><\/tr>
Kasikornbank<\/td>11,388.3<\/td>4<\/td>7.1<\/td>3<\/td><\/tr>
Bualuang Securities<\/td>9,863.9<\/td>5<\/td>6.2<\/td>4<\/td><\/tr>
20 Others<\/td>68,838.4<\/td>6<\/td>42.7<\/td>67<\/td><\/tr>
<\/td><\/td><\/td><\/td><\/td><\/tr>
Industry Total<\/mark><\/strong><\/td>160,465.8<\/strong><\/td>– <\/strong><\/td>100.0<\/strong><\/td>43<\/strong><\/td><\/tr>
Source: <\/strong>Refinitiv
Date: <\/strong>12\/01\/2021<\/td>		<\/td><\/td><\/td><\/td><\/tr>
Period:<\/strong> <\/mark>Dec 1, 2020 to Nov 30, 2021<\/td><\/td><\/td><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Leading Equity Houses: Thailand 2020<\/strong><\/mark><\/p>\n\n\n\n

Leading ECM Houses in Thailand 2020<\/mark><\/strong><\/td>Proceeds (US$ Mil)<\/strong><\/td>Market Share<\/strong><\/td><\/tr>
Kiatnakin Phatra Finl Grp<\/td>2,332.4<\/td>25.4<\/td><\/tr>
Kasikornbank PCL<\/td>1389.1<\/td>15.1<\/td><\/tr>
Bualuang Securities PCL<\/td>1167.6<\/td>12.7<\/td><\/tr>
22 Others<\/td>4271.8<\/td>46.5<\/td><\/tr>
<\/td><\/td><\/td><\/tr>
Industry Total<\/mark><\/strong><\/td>9179.1<\/strong><\/td>100<\/strong><\/td><\/tr>
Source: <\/strong>Refinitiv<\/td><\/td><\/td><\/tr>
Period: <\/mark><\/strong>12\/01\/2019 – 11\/30\/2020<\/td><\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
\n","protected":false},"excerpt":{"rendered":"

    League Tables: Thailand Leading Equity Houses: Thailand 2025 Leading Equity Houses in Thailand 2025 Leading Equity Houses in Thailand 2025 Rank Market Share Deals Kiatnakin Phatra Finl Grp 1,298.84 1 77.19 1 China Galaxy Securities Co 85.04 2 5.05 2 TISCO Bank PCL 69.64 3 4.14 1 Bualuang Securities PCL 43.48 4* 2.58 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"ocean_front_end_style_editor":"no","ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","footnotes":""},"class_list":["post-3155","page","type-page","status-publish","hentry","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/alphasoutheastasia.com\/awards\/wp-json\/wp\/v2\/pages\/3155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphasoutheastasia.com\/awards\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/alphasoutheastasia.com\/awards\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/alphasoutheastasia.com\/awards\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alphasoutheastasia.com\/awards\/wp-json\/wp\/v2\/comments?post=3155"}],"version-history":[{"count":23,"href":"https:\/\/alphasoutheastasia.com\/awards\/wp-json\/wp\/v2\/pages\/3155\/revisions"}],"predecessor-version":[{"id":3987,"href":"https:\/\/alphasoutheastasia.com\/awards\/wp-json\/wp\/v2\/pages\/3155\/revisions\/3987"}],"wp:attachment":[{"href":"https:\/\/alphasoutheastasia.com\/awards\/wp-json\/wp\/v2\/media?parent=3155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}