Latest news with #KIBB
Arabian Post
7 days ago
- Business
- Arabian Post
Kenanga Investment Bank's NagaWarrants Unlocks New Trading Frontiers with HSCEI and HSTECH Warrants
From left to right: Kenneth Teoh, Deputy Head, Equity Derivatives, Kenanga Investment Bank Berhad ('KIBB'); Luk Wai Hong, William, Non-Independent Non-Executive Director, KIBB; Angeline-Ong Su Ming, Independent Non-Executive Director, KIBB; Philip Lim, Head, Equity Markets & Group Head, Equity Derivatives, KIBB; Datuk Chay Wai Leong, Group Managing Director, KIBB; Datuk Lee Kok Khee, Executive Director, Head of Group Equity Business, KIBB; Jeremy Nasrulhaq, Senior Independent Non-Executive Director, KIBB; Anita Mo, Chief Executive Officer, Hang Seng Indexes Company; Isabelle Zhen, Head, Group Equity Marketing, KIBB 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. ADVERTISEMENT The HSTECH, on the other hand, captures the growth of China's leading tech innovators such as Tencent, Meituan, Xiaomi, and 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 300th Hang 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. ADVERTISEMENT 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 the SRP Asia Pacific Award for Best Educational Initiative in 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: 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) 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 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
BusinessToday
21-05-2025
- Business
- BusinessToday
Kenanga Revises Malaysia's FY GDP Downward To 4.3%
Malaysia's exports surged 16.4% year-on-year in April, marking a four-month high and far exceeding expectations, driven by robust demand for electrical and electronic (E&E) products and stronger shipments to major trade partners such as the US and Singapore, according to a trade report by Kenanga Investment Bank (KIBB). The export growth sharply beat market forecasts (KIBB: 7.2%, consensus: 7.8%) and followed a 6.8% rise in March. However, on a month-on-month (MoM) basis, exports dipped 2.7% following a strong 16.1% jump in March, indicating a cooling in momentum. E&E Products and US Demand Power Growth Exports were buoyed by a 35.4% surge in E&E products, the fastest pace since September 2022, amid a broader global tech upcycle driven by artificial intelligence and new tech product launches. By destination, shipments to the US jumped 45.6%, while exports to Singapore rose 26.1%. There were also rebounds in exports to Japan (6.8%) and China (2.1%), though growth to the EU moderated to 5.8%. By sector, manufacturing exports soared 19.0%, the highest in 31 months. However, this was partially offset by weaker mining exports (-1.3%) and a slower pace in agriculture exports (3.5%). Notably, liquefied natural gas (LNG) exports rebounded 6.7% after four consecutive months of contraction. Imports Rebound Sharply Imports surprised to the upside, rebounding 20.0% year-on-year after a 2.9% decline in March, smashing expectations (KIBB and consensus: 3.3%). The rebound was led by a 46.0% surge in re-exports and a 12.9% recovery in retained imports. Capital goods imports skyrocketed 114.1%, offsetting continued weakness in intermediate (-1.7%) and consumption goods (0.7%). On a monthly basis, imports rose 14.1%, a sharp acceleration from 6.5% in March, defying typical seasonal patterns. Trade Surplus Shrinks Sharply Despite the export gains, Malaysia's trade surplus narrowed drastically to RM5.2 billion, far below KIBB's forecast of RM19.0 billion and the consensus estimate of RM14.7 billion. This was due to the significant rise in imports outpacing export growth. Total trade surged 18.2% year-on-year, the highest in eight months, though MoM growth slowed to 4.8% from March's 11.6%. Outlook: Short-Term Boost, Long-Term Risks Despite the strong April figures, Kenanga has revised Malaysia's 2025 export growth forecast downward to 3.1% (from 5.0%), citing mounting risks in the second half of the year. Key drivers include: A front-loading of exports in Q2 as businesses move to avoid potential US tariffs. Ongoing strength in the global tech sector, particularly in AI and semiconductor-related products. Possible trade diversion amid continued US-China decoupling. However, risks abound, particularly from US policy uncertainty tied to the 90-day pause in President Trump's reciprocal tariff measures, which may end in July. The potential reimposition of tariffs could weigh on global trade, particularly in 2H25. A sluggish recovery in China also adds downside risk. GDP Forecast Cut Following weaker-than-expected Q1 GDP growth (4.4%), Kenanga has revised Malaysia's full-year 2025 GDP forecast to 4.3% from 4.8%. Still, the bank expects robust Q2 trade activity, as shown in April's numbers, to provide some buffer against anticipated headwinds in the latter half of the year. 'April's trade performance reflects strong global demand and pre-tariff frontloading. But sustainability remains in question as geopolitical and macroeconomic risks mount,' the report noted. Related
