Kenanga Investment Bank's NagaWarrants Unlocks New Trading Frontiers with HSCEI and HSTECH Warrants
Bursa Excellence Awards: Best Structured Warrants Issuer (2021 and 2024) (Equity and Index)
Best Structured Warrants Issuer (2021 and 2024) (Equity and Index) Global Banking & Finance Awards (UK): Best Warrants Issuer & Best Market Maker (2024 and 2025)
Best Warrants Issuer & Best Market Maker (2024 and 2025) FinanceAsia (HK): Most Innovative Use of Technology (2024 and 2025)
KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 7 July 2025 - Kenanga Investment Bank Berhad ("" or ""), Malaysia's no. 1 issuer of structured warrants, proudly announces the launch of its first-ever Hang Seng China Enterprises Index ("") structured warrants – HSCEI-CAA and HSCEI-HBA – and Hang Seng TECH Index ("") structured warrants – HSTECH-C30 and HSTECH-H27 – under its flagship brand, NagaWarrants by Kenanga ("").This launch marks a strategic expansion of the Group's East Asia footprint, following the successful introduction of Hang Seng Index ("HSI") structured warrants – HSI-CIW and HSI-HMO – in 2021. With HSCEI and HSTECH now listed on Bursa Malaysia, Malaysian investors will gain diversified access to two of Hong Kong's most influential indices, offering new opportunities to tap into China's financial and technology sectors.The HSCEI tracks heavyweight mainland enterprises listed in Hong Kong, including financial and infrastructure giants such as ICBC, China Construction Bank, PetroChina, and Ping An Insurance. It serves as a key benchmark for tracking the performance of China's largest state-owned enterprises.The HSTECH, on the other hand, captures the growth of China's leading tech innovators such as Tencent, Meituan, Xiaomi, and JD.com. With its focus on fast-evolving technology and innovation, HSTECH is ideal for traders with higher risk appetites looking for volatility and growth potential.Kenanga Group's presence in the structured warrants market is underscored by its 64% market share in HSI warrants. In 2024, the structured warrants segment on Bursa Malaysia recorded a turnover of RM30.3 billion, contributing approximately 4% to the exchange's total market turnover of RM848.7 billion.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."The launch of HSCEI and HSTECH structured warrants marks a pivotal step in our 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," said Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank Berhad."In 2024, NagaWarrants achieved a record-breaking market share of 52%, with a total turnover of RM15.7 billion. This milestone also marks our 300Hang Seng-listed structured warrant on Bursa Malaysia – a testament to our relentless drive to innovate and serve the evolving needs of Malaysian traders," added Datuk Lee Kok Khee, Executive Director, Head of Group Equity Business of Kenanga Investment Bank Berhad.Beyond product innovation, NagaWarrants continues to empower investors through a blend of educational outreach and advanced analytics. In 2024, it hosted over 50 webinars and events, earning thein 2022, 2023 and 2025. At the same time, its adoption of machine learning models – which analyse interest rate movements, market trends, and regional dynamics to anticipate demand fluctuations – has enhanced precision in warrant issuance.In recognition of its leadership and innovation, Kenanga Group has received several prestigious accolades, including:Looking ahead, Kenanga Group remains committed to supporting investors through innovation, education and access to global markets. To explore trading opportunities and stay informed, visit www.nagawarrants.com or join our Telegram community (@NagaWarrants).Hashtag: #KenangaInvestmentBank
The issuer is solely responsible for the content of this announcement.
Kenanga Investment Bank Berhad (197301002193 (15678-H))
Established for over 50 years, Kenanga Investment Bank Berhad ("The Group") is a leading financial group in Malaysia, offering a wide range of services, including equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending, and trade financing. The Group's digital innovations include the launch of KDi GO, a wealth-centric app, along with game- changing products such as Rakuten Trade, Malaysia's first fully digital stockbroking platform, and Kenanga Digital Investing, an A.I. robo-advisor.
Kenanga has garnered multiple awards, including top honours at the Bursa Excellence Awards 2024 and The Edge Malaysia Centurion Club 2023. The Group also secured the Top 20 Overall Excellence and the Niche Cap Excellence Award at the National Corporate Governance and Sustainability Awards 2024. As one of the highest- scoring constituents of the FTSE4Good Bursa Malaysia Index and a Participant of the United Nations Global Compact, Kenanga continues to drive collaboration, innovation, and sustainability in the financial industry.
For more information, please visit www.kenanga.com.my.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malay Mail
an hour ago
- Malay Mail
Ringgit drops to 4.23 against US dollar as Trump's tariff remarks stir market anxiety
KUALA LUMPUR, July 7 — The ringgit closed weaker against the US dollar on Monday but traded better against major currencies, as traders and investors are observing the United States (US) tariff situation, an analyst said. At 6pm, the local note depreciated to 4.2310/2400 against the greenback from last Friday's close of 4.2180/2260. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid stated that the latest remark by US President Donald Trump on an additional 10 per cent tariff for countries aligning themselves with Brics has taken centre stage. On Sunday, US President Donald Trump was reported saying that any country aligning with Brics' 'anti-American policies' will face an additional 10 per cent tariff. 'This goes to show that the tariff fear seems to make a comeback as the 90-day pause period is coming to an end this week. 'The US Dollar Index (DXY) gained 0.03 per cent to 97.208 points (at time of writing). It seems to be risk-off mode at the moment,' Mohd Afzanizam told Bernama. At the close, the ringgit traded higher against a basket of major currencies. It rose against the euro to 4.9647/9752 from 4.9675/9770 on Friday, appreciated against the Japanese yen to 2.9091/9155 from 2.9225/9282, and slightly advanced versus the British pound to 5.7563/7685 from 5.7601/7710 previously. The local note traded mostly higher against its Asean counterparts. It improved vis-à-vis the Singapore dollar to 3.3096/3172 from 3.3114/3182 Friday, and marginally higher against the Philippine peso to 7.46/7.48 from 7.47/7.49 previously. However, it strengthened against the Thai baht to 12.9837/13.0173 from 13.0302/0609, and was flat against the Indonesian rupiah to 260.5/261.2 from 260.6/261.2 on Friday. — Bernama
Malay Mail
an hour ago
- Malay Mail
MACC moves to seize RM169 million in cash tied to Ismail Sabri and ex-aide
KUALA LUMPUR, July 7 —The Malaysian Anti-Corruption Commission (MACC) has filed an application to forfeit over RM169 million in cash belonging to former prime minister, Datuk Seri Ismail Sabri Yaakob. MACC, represented by the deputy public prosecutor as the applicant, filed the application at the Sessions Court here naming Ismail Sabri's former political secretary Datuk Mohammad Anuar Mohd Yunus and the former prime minister himself as first and second respondents. In the application, the commission is seeking a court order to forfeit cash seized from the first respondent for the Malaysian government, including RM14,772,150 in Malaysian currency; SG$6,132,350 in Singapore Dollars, US$1,461,400 in US Dollars, CHF 3 million in Swiss Francs, 12,164,150 in Euros, JPY363,000,000 in Japanese Yen, £50,250 in British Pound, NZ$44,600 in New Zealand Dollars, AED34,750,000 in Emirati Dirham, and A$352,850 in Australian Dollars. The application was made under Section 41(1) of the Malaysian Anti-Corruption Commission Act 2009 after the commission was satisfied that the money kept by Mohammad Anuar belonged to Ismail Sabri and was linked to an offence under Section 36(2) of the same Act. The commission also applied for other court orders deemed suitable by the court. — Bernama
Malay Mail
2 hours ago
- Malay Mail
Strengthening maritime security: Malaysia purchase of Italian maritime patrol aircraft — Phar Kim Beng and Jitkai Chin
JULY 7 — Although Malaysia has about 4675km of coastline length and Exclusive Economic Zone (EEZ) Area of more than 334,600 square km, Malaysia's current maritime surveillance relies heavily on Beechcraft Super King Air B200T and CN-235s operated by the RMAF and MMEA. While functional, these assets lack of modern sensors, data-link capabilities, and mission endurance critical to today's complex maritime security environment. In fact, Beechcraft Super King Air B200T, which was first entered service on 1994, was planned to be retired by 2024, after these aircraft reaching their operational lifespan. Seven CN-235 was originally operated as airlifters in 1998, three were upgraded to be Maritime Surveillance Aircraft between 2022–2024, under US Maritime Security Initiative. In recent discussions during Prime Minister Datuk Seri Anwar Ibrahim's visit to Italy, one of the focal points is the potential procurement of Italian-made maritime patrol aircraft (MPA). Although not explicitly named during the visit by PM in Italy last week, Defence Minister Datuk Seri Mohamed Khaled Nordin announced two MPAs will be delivered to Malaysia starting from 2026, designated P-72M, based on widely used commercial ATR 72-600 aircraft. Italy's defence industry is among the most reputable in the world. One of the most significant Italian defence footprints in Malaysia is through AgustaWestland, now part of Leonardo, which has supplied multiple generations of helicopters to Malaysian authorities. Over the past two decades, Leonardo has deepened its local partnerships, particularly in helicopter maintenance, pilot training, and logistics support. The company has positioned Malaysia as a potential regional hub for rotary-wing platforms, not only strengthens the defence readiness of Malaysia but also fosters local aerospace development and workforce upskilling. Over the past decade, several defence officials and Cabinet members have repeatedly raised alarms over the limited maritime surveillance coverage, especially across the vast EEZ in the South China Sea and the Strait of Malacca. The MPAs offers a modern and multi-role solutions. From environmental monitoring, border surveillance and search-and-rescue (SAR) missions to conduct anti-submarine warfare and anti-surface warfare, which can also directly address these gaps, offering long-range, real-time maritime domain awareness with minimal escalation risk. However, according to Capability Development Plan 2055 (CAP55), Malaysia shall need at least six MPAs. The acquisition of the Leonardo P-72M MPAs presents Malaysia with more than just a defence upgrade, because it also offers a unique opportunity for Malaysia to play a more prominent, stabilizing role in safeguarding Asean's maritime domain. With regional waters challenged by piracy, illegal fishing, and transnational crimes, there is increasing urgency for collective maritime vigilance. Assume that the P-72M is not much different from existing ATR-72MP, both of them have a range of approximately 4,000km and endurance of 8–9 hours in the sky. Obviously, two P-72M still insufficient to secure the maritime interests of Malaysia 24/7. Mathematically, at least one more required. Nonetheless, advanced surveillance capabilities and NATO-standards of P-72M still enable Malaysia to better support regional initiatives, for example the Eyes-in-the-Sky (EiS) trilateral patrol program. EiS is a multilateral cooperation between Malaysia, Indonesia, and Singapore launched in 2005 to secure the Strait of Malacca. Enhanced ISR (intelligence, surveillance, reconnaissance) capabilities from P-72M allowing Malaysia to contribute more robustly to EiS through greater data sharing, coordination, and early threat detection. Furthermore, as other Asean members, such as Indonesia, the Philippines, Vietnam, and Thailand operating maritime patrol aircraft of varying capabilities, Malaysia can potentially act as a central hub for joint surveillance exercises and maritime security cooperation — amplifying its influence in the region. That potential can only be materialised, provided the void of insufficiencies of MPAs filled by long endurance UAVs for maritime surveillance. There are limited choices available. But MQ-9B SeaGuardian and Baykar Bayraktar Akıncı from US and Türkiye, with endurance of up to 40 hours and 24 hours respectively, are suitable for Malaysia. In the broader context of Indo-Pacific stability, acquisition of Leonardo ATR 72MP gives Malaysia the capability to deter grey-zone threats and uphold freedom of navigation without provoking military escalation. The aircraft enhances Malaysia's ability to monitor conventional illicit maritime activities such as unregulated fishing, smuggling, and covert incursions — particularly in the South China Sea. Strategically, P-72M also aligns our maritime surveillance architecture with Australia, who is a key regional partner in which their P-8A Poseidon fleet and regional maritime engagement have been shaping Asean's defence dialogue. In addition, Australia's active support for capacity building, technical training, and joint exercises, such as through the Asean-Australia Maritime Exercise (AAMARLEX), can potentially complements the strengths of P-72M. By improving interoperability with Australian and other Nato-compatible assets, Malaysia has greater access to regional multilateral efforts while preserving its non-aligned, diplomacy-first doctrine. Thus, the MPAs not only serves as a sovereign asset; but also a regional bridge to advance the partnership of Malaysia in Indo-Pacific maritime governance. It brings opportunities of training, joint development and technology transfer from Italy, ensuring various authorities gaining not only state-of-the-art capabilities, but also the human capital for sustainable operation and regional leadership. In conclusions, securing our nation's maritime governance and interests cannot rely only on P-72M nor long endurance UAV alone, but a combination of different assets, as well as resources allocated for the well-trained personnel, facilities and maintenance of the assets. Of course, acquisition of P-72M is considered one of the most strategic choices to strengthen Malaysia's maritime surveillance and security posture. Its proven operational effectiveness and interoperability makes it ideal to meet the urgent need of defence modernization. To maximise these benefits, the government need to demonstrate the political determination to ensure transparent and efficient procurement processes, robust long-term support, and engagement with local industries that can elevate their aerospace capabilities. When executed with foresight and strategic planning, the MPAs could become the cornerstone of Malaysia's integrated maritime strategy, enhancing resilience of the nation, regional credibility, and global partnerships. * Phar Kim Beng, PhD, is the Professor of Asean Studies, Director of Institute of Internationalisation and Asean Studies (IINTAS), International Islamic University of Malaysia and Jitkai Chin, PhD PEng, is the Associate Professor, Department of Chemical Engineering, Universiti Teknologi Petronas. ** This is the personal opinion of the writer or publication and does not necessarily represent the views of Malay Mail.
