Malaysia’s Kenanga Investment Bank launches HSCEI, HSTECH structured warrants

Both warrants were launched under its flagship brand, NagaWarrants by Kenanga.

Malaysia’s Kenanga Investment Bank Berhad has launched its first-ever Hang Seng China Enterprises Index (HSCEI) structured warrants, according to a press release.

It also launched Hang Seng Tech Index structured warrants.

Both warrants were launched under its flagship brand, NagaWarrants by Kenanga.

Kenanga expects the launch of its HSCEI and HSTECH structured warrants to broaden market participation, diversify product offerings, and boost overall liquidity.

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.

The HSTECH, on the other hand, captures the growth of China's leading tech innovators such as Tencent, Meituan, Xiaomi, and JD.com, the bank said in a press release.