Kenanga IB Launches Structured Warrants Linked To Hang Seng Indices On Bursa Malaysia
KUALA LUMPUR, July 7 (Bernama) -- Kenanga Investment Bank Bhd has launched a new suite of structured warrants on Bursa Malaysia today, offering Malaysian investors direct access to global markets through exposure to two of Hong Kong's leading Hang Seng equity benchmarks.
The two new structured warrants are the Hang Seng Tech Index (HSTECH) and the Hang Seng China Enterprises Index (HSCEI).
The HSTECH comprises the 30 largest technology companies listed in Hong Kong, including giants such as Alibaba, Tencent and Meituan, while the HSCEI captures leading Chinese companies listed in Hong Kong, across the information technology, consumer discretionary, and financial sectors. In essence, this index represents a diversified snapshot of China's economic transformation.
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Kenanga IB group managing director Datuk Chay Wai Leong said the launch of HSCEI and HSTECH structured warrants marks a pivotal step in its mission to democratise access to global markets.
"As Malaysia's leading issuer, Kenanga group remains committed to driving innovation, expanding investor opportunities, and shaping the future of structured warrants.
"This initiative reflects our long-term vision to empower a new generation of traders while reinforcing our leadership in the region's capital markets," he said during the launch at Bursa Malaysia today.
He added that Kenanga IB warrants achieved a record-breaking 52 per cent market share with a total turnover of RM15.7 billion in 2024.
Bursa Malaysia chief executive officer Datuk Fad'l Mohamed said that with this issuance, this milestone expands the choices available to Malaysian retail investors, giving them direct exposure to globally recognised companies.
"The inclusion of these foreign equities underlying companies enriches the Malaysian market, making investing access more global and relatable," he said at the launch.
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