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Kenanga launches new Hang Seng warrants

Kenanga launches new Hang Seng warrants

KUALA LUMPUR: Kenanga Investment Bank Bhd (Kenanga Group) has introduced a new series of structured warrants tied to the Hang Seng China Enterprises Index (HSCEI) and the Hang Seng TECH Index (HSTECH) through its NagaWarrants by Kenanga brand.
This move represents a strategic step in strengthening the group's presence in East Asia, building on the earlier success of its Hang Seng Index (HSI) structured warrants, HSI-CIW and HSI-HMO, launched in 2021.
The HSCEI reflects the performance of major mainland Chinese firms listed in Hong Kong, including key players in finance and infrastructure like ICBC, China Construction Bank, PetroChina, and Ping An Insurance.
Meanwhile, the HSTECH highlights the momentum of China's top tech companies, such as Tencent, Meituan, Xiaomi, and JD.com.
"The launch of HSCEI and HSTECH structured warrants is expected to broaden market participation, diversify product offerings, and boost overall liquidity – particularly among retail traders already familiar with Hang Seng Index warrants," Kenanga Group said.
The company highlighted its strong position in the structured warrants market, noting a 64 per cent market share in HSI warrants.
It added that in 2024, structured warrants on Bursa Malaysia saw a turnover of RM30.3 billion, making up about 4 per cent of the exchange's total market turnover of RM848.7 billion.
Group managing director Datuk Chay Wai Leong said the introduction of the structured warrants represents a significant milestone in the company's efforts to make global market access more inclusive and accessible.
"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.
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