Moomoo Expands Access to HKEX And China A-Shares

Moomoo Malaysia has expanded its platform to offer even more direct access to the Hong Kong Stock Exchange (HKEX) and China A-Shares (Shanghai and Shenzhen Stock Exchanges). This expansion will help Malaysian investors tap into some of Asia’s most dynamic markets.

“With our expansion into HKEX and China A-Shares, we’re empowering them to seize opportunities beyond local borders, particularly in sectors driving Asia’s economic transformation,” said Ivan Mok, CEO of Moomoo Malaysia.

Hang Seng Index rose over 20% in 2024

Asia continues to solidify its position as a key driver of global economic growth. This direct access will give Malaysians a chance to enter some of the world’s most vibrant financial markets. Moomoo Malaysia provides not just access, but also comprehensive tools and resources that help investors capitalise on new growth opportunities across diverse sectors.

In terms of growth, the Hang Seng Index in Hong Kong has seen a resurgence in recent times, rising by over 20% in 2024 (as of 15 October 2024). Despite some volatility, it has been boosted by Beijing’s stimulus measures aimed at accelerating economic growth in tech, infrastructure, and clean energy sectors.

Shanghai Stock Exchange has gained 8% this year

The Shanghai stock exchange has posted gains of about 8% this year (as of 15 October 2024), despite some short-term market fluctuations, largely driven by sectors such as biotechnology, artificial intelligence, and renewable energy, which are rapidly transforming the global economic landscape.

For Malaysian investors looking to diversify beyond local opportunities, the HKEX and China A-Shares are offering investors unprecedented access to high-growth industries that are expected to play a pivotal role in the global economy over the next decade.

Asian fintech to account for nearly 25% of global banking valuations

According to a World Economic Forum (WEF) whitepaper, the Asia region is set to unlock 43%, or US$4.3 trillion, of the estimated $10.1 trillion revenue opportunity by 2030 from climate-related initiatives.

For Malaysian investors, this greater access to the world’s second-largest economy is a major boon. China is rapidly advancing in areas like AI, clean energy, and electric vehicles (EVs), positioning itself as a leader in both technological innovation and climate action. 

The WEF also reports that Asia’s financial technology (fintech) sector is projected to reach US$1.5 trillion in annual revenue by 2030, accounting for nearly 25% of all global banking valuations.

“Asia’s unique positioning at the intersection of technological innovation and sustainable transformation gives it a pivotal role in shaping the global economy of the future,” said Ivan Mok.

For more information on HKEX and A-Shares on moomoo, you can visit the site at https://start.moomoo.com/01s3od.