Set to boost trading appetite of traders
KUALA LUMPUR, MALAYSIA – Media
OutReach – 5 August 2021 – Hang Seng Index (“HSI”)
structured warrants issued by Kenanga
Investment Bank is now listed on FBMKLCI namely, HSI-CIW and HSI-HMO.
This
launch marks Kenanga’s first foray into offering investors exposure to East
Asia via structured warrants on the Main Market. The HSI is the most widely
quoted performance indicator of the Stock Exchange of Hong Kong (“SEHK”), the
fourth largest stock exchange operator in the world.
The
Hang Seng Index tracks the performance of around 50 of the largest, most liquid
stocks in Hong Kong market including global names such as Alibaba Group,
Meituan, HSBC, Xiaomi, Tencent, Henderson and Sino Biopharm.
This
launch appeals to traders with higher risk appetites as macro-economic
conditions are creating great trading opportunities in the HSI.
“At
Nagawarrants by Kenanga, our commitment is to provide carefully designed
financial instruments that offer traders diverse exposure according to their
risk and return preferences. Demonstrated by the high daily demand for our
current warrants, it is clear that we are on the right path serving customers
who prioritise quality warrants and profitability over quantity. This is why we
are expanding our warrant issuances to include Hang Seng Index warrants.
Our
intense focus on online education, cutting-edge trading tools, reliable
market-making abilities and liquidity empowers traders to arrive at profitable
and informed decisions.” said Philip Lim, Head of Equity Derivatives at
Kenanga Investment Bank.
In
conjunction with the launch, Kenanga Investment Bank will be hosting their
first-ever Hang Seng Index Warrants webinar, jointly with Bursa Malaysia, on 7th
August 2021, Saturday.
The
webinar will feature Mr Azhar Mohd Zabidi from Bursa Malaysia, Ms Isabelle Zhen
from Kenanga Investment Bank and Mr Johan J. Lee, a Hang Seng warrants
specialist from Hong Kong where participants can learn about the Hang Seng
Index Warrants and at the same time, stand a chance to win prizes courtesy of
Garmin Malaysia.
Structured
warrants are generally used to make money from volatility. Bullish investors
typically buy a call warrant to benefit from an up trending underlying asset
while bearish investors may buy a put warrant to benefit from a down-trending
underlying asset.
Kenanga’s
local equity warrants have consistently been the most popular trading
instruments in Malaysia, as demonstrated by its “Best Structured Warrants
Issuer 2020” award by Bursa Malaysia, accounting for over 25 percent of
warrant turnover in 2020.
For more information on Kenanga,
please visit www.kenanga.com.my
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