Abstract:Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia) has broadened its platform by offering direct access to the Hong Kong Stock Exchange (HKEX) and China A-Shares, which include the Shanghai and Shenzhen stock exchanges.
Moomoo Securities Malaysia Sdn Bhd (Moomoo Malaysia) has broadened its platform by offering direct access to the Hong Kong Stock Exchange (HKEX) and China A-Shares, which include the Shanghai and Shenzhen stock exchanges. This strategic expansion taps into the increasing global interest in Asian markets, offering Malaysian investors a gateway to some of the most dynamic economies in the region.
The move comes as Malaysian investors are increasingly drawn to Chinese assets, with recent data showing a twofold increase in local investments in these high-growth markets. The opportunity for exposure to key industries in China and Hong Kong is growing, as both markets experience a significant resurgence.
The Hong Kong Hang Seng Index has surged by over 20% in 2024, while the Shanghai Stock Exchange has recorded gains of approximately 8% this year. These strong performances underscore the attractiveness of these markets, as Asia becomes a focal point for global investors seeking new growth opportunities.
Moomoo Malaysia‘s Chief Executive Officer, Ivan Mok, highlighted the importance of this expansion for local investors. He noted that Asia’s rapid economic transformation is driving global interest in the regions markets. By expanding into HKEX and China A-Shares, Moomoo Malaysia is empowering investors to move beyond local borders and take advantage of sectors that are playing an increasingly influential role in shaping the global economy.
In addition to offering access to these high-growth markets, Moomoo Malaysia provides investors with a comprehensive suite of tools and resources to help them make informed decisions. This combination of access and support is designed to help Malaysian investors capitalise on new opportunities across a wide range of sectors, including technology, finance, and manufacturing.
Since its launch in February 2024, Moomoo Malaysia has quickly established itself as a leading digital investment platform in the country. Within just six weeks, the platform attracted over 100,000 clients and earned recognition as the “Best Up-and-Coming Digital Investment Platform” at the 2024 PC.com Readers Choice Awards. This rapid growth reflects the increasing demand for digital investment platforms that offer seamless access to global markets.
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