Macquarie Warrants Malaysia

🚨 Alibaba - leads Chinese tech rout as regulatory hammer strikes...again

– Yesterday, Alibaba shares tumbled 6% to close below the key HKD100 level to HKD 97.35

– It was the stock's largest price fall in 2 months and its lowest closing price since 7 July 2026

– News of the Chinese market regulators' summon of major e-commerce platforms including Alibaba on Wednesday, contributed to the sell-off

– Bloomberg reported that the meeting was to address tighter product-quality controls and stronger consumer protection, as well as misleading advertising issues

– In other news this week, Alibaba, Tencent, and ByteDance were reported to have jointly ordered over 3 million Nvidia RTX PRO 5500 GPUs worth >$35 billion, a positive AI demand signal

– Bloomberg also reported on Monday that Alibaba is one of the investors of Chinese Robovan maker Neolix Technologies' recent USD400 million capital raising to fund its global expansion

– Following yesterday's share price plunge, Alibaba is now trading further below its 50-day (HKD 110.9) and 200-day (HKD 125.9) moving averages

– Its 52-week low at HKD 88.65 may be a possible support to look out for
– The stock had rebounded 46% in the next 1.5 months from its HKD 88.65 closing on 26 Jun to HKD 130.3 on 11 Aug 2026

– Investors keen to trade a potential rebound of Alibaba shares can consider trending ALIBABA-C56 which is down in bid price by 8% as at the time of writing. Currently, the call warrant is among the most sensitive Alibaba warrants available, moving by 13 ticks in underlying for 1 tick in warrant.

🛠️ View their Live Matrix here.

🤖🛢️AI spending concerns trigger tech selloff as oil surge revives inflation fears

S&P 500: 7,663.43 (-1.2%)
Nasdaq-100: 28,958.69 (-2.9%)
DJIA: 52,867.98 (0.0%)
Eurostoxx: 6,087.01 (-1.9%)
U.S. crude futures: $99.47 (+2.4%)
Spot Gold (XAU/USD): $4,024.51 (-2.8%)

U.S. equities retreated on Thursday as renewed doubts over the returns from artificial intelligence (AI) investments sparked a sharp technology selloff, while escalating Middle East tensions pushed oil prices higher and reignited inflation concerns. Technology stocks led losses after Meta Platforms slumped despite beating earnings expectations, as investors focused on escalating AI expenditure and plans to raise additional capital. Tesla also declined, while the Philadelphia Semiconductor Index tumbled 6.7%, reflecting mounting concerns over the sustainability of the AI investment boom. Meanwhile, crude oil surged amid renewed hostilities involving Iran-backed Houthi forces and concerns over potential U.S. and Israeli strikes on Iran. Rising energy prices threatened to complicate the inflation outlook and limit the Federal Reserve's flexibility to ease monetary policy (Reuters, 23 October).

🔗 Check out the Live Matrix for the focus U.S. index warrants here.

Share your Macquarie Warrants trades on Moomoo & stand a chance to win from a RM10,000 cash prize pool!

Calling all Moomoo MY users! Stand a chance to win from a RM10,000 cash prize pool by making a buy trade on any structured warrants issued by Macquarie Warrants through Moomoo and posting your trade on the Moo Community.

How to qualify*: Complete at least one buy transaction of any Macquarie-issued structured warrant(s) listed on Bursa Malaysia through your Moomoo MY account and share your trade on the Moo Community.

👉 Browse the full suite of Macquarie Warrants at malaysiawarrants.com.my.

📌 Learn more and take part by visiting the campaign landing page on Moomoo MY’s website at https://www.moomoo.com/community/feed/share-your-macquarie-warrants-trade-and-be-a-part-of-117465308987398.

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* Must meet eligibility criteria set out in the Terms & Conditions.

Read on for further information here on how you can complete each task to be eligible for each reward.

📉 HSI extends decline as technology and battery stocks come under pressure

– The Hang Seng Index (HSI) futures fell sharply on Thursday, declining by as much as 2.7% to 23,019 as persistent weakness in technology and battery-related stocks weighed on the Hong Kong market. The decline extended the index’s losses after it closed 0.9% lower on Wednesday.

– Sentiment remained under pressure following a sharp sell-off in Contemporary Amperex Technology (CATL) in the previous session, after the electric-vehicle battery manufacturer reported slower third-quarter profit growth amid intense industry competition and weaker automobile sales in China (Trading Economics, 22 October).

– Losses were broad-based among index heavyweights, with Tencent, Lenovo, Xiaomi, AIA and SMIC among the notable decliners. Investors also remained cautious ahead of Hong Kong’s latest inflation and unemployment data while continuing to assess the outlook for U.S. interest rates and upcoming corporate earnings (Trading Economics, 22 October).

– The latest decline brought the HSI futures month-to-date loss to approximately 6.4%, extending the index’s recent downward trend and driving greater trading interest in HSI warrants listed on Bursa Malaysia.

– With the weakness in the underlying index, call warrants featured prominently among the most actively traded warrants on Thursday, indicating that some investors may have been positioning for a potential rebound following the HSI’s recent pullback.

– HSI-CWWB, HSI-CWWP and HSI-CWU2 were the second-, third- and fourth-most traded warrants, respectively, on Bursa Malaysia. Investors traded 91.6M units of HSI-CWWB, 36.0M units of HSI-CWWP and 21.6M units of HSI-CWU2.

– As at the time of writing, investors were net buyers of 14.3M units of HSI-CWU2, 6.9M units of HSI-CWWB and 4.8M units of HSI-CWWQ, reflecting bullish positioning amid the sharp market decline.

– All the abovementioned call warrants are down 30-50% in bid price while trending put warrants are up 22-44%.

📌 View the live matrix for the abovementioned HSI warrants here.

💻 Technology shares rally as earnings ease AI spending concerns

S&P 500: 7,757.17 (+0.6%)
Nasdaq-100: 29,822.52 (+1.1%)
DJIA: 52,856.09 (+0.7%)
Eurostoxx: 6,207.52 (+1.4%)
U.S. crude futures: $97.15 (-0.7%)
Spot Gold (XAU/USD): $4,141.02 (+0.4%)
Wall Street advanced on Wednesday as encouraging corporate earnings restored confidence in the artificial-intelligence (AI) trade, overshadowing lingering concerns over elevated interest rates and geopolitical risks. Technology led the rally after SpaceX reported its first profit as a listed company, while Super Micro Computer issued an upbeat revenue and margin outlook. Their results helped ease recent concerns over whether heavy AI infrastructure spending can generate sufficient returns, lifting the S&P 500 technology sector by 1.6% (Reuters, 21 October). However, macroeconomic risks remained in focus. Treasury yields rose late in the session after renewed Middle East tensions pushed WTI crude towards US$98.50 per barrel, reviving concerns that energy-driven inflation could keep Federal Reserve policy restrictive.
🔗 Check out the Live Matrix for the focus U.S. index warrants here.

📉 Hang Seng Index reverses early advance as stimulus hopes fade

– The Hang Seng Index (HSI) opened higher today, supported by bargain hunting after Tuesday’s 1.3% decline and improved sentiment towards artificial-intelligence stocks. Optimism was partly driven by a stronger revenue outlook from Super Micro Computer, which provided some relief to the broader technology sector (Trading Economics, 21 October).

– However, the early advance proved short-lived, with the benchmark subsequently reversing into negative territory. As at the time of writing, the index was trading near 23,800 points, down approximately 0.3% from its previous close.

– The reversal came as investors remained cautious over China’s policy outlook. The People’s Bank of China kept its benchmark lending rates unchanged for a 17th consecutive month, leaving the one-year loan prime rate at 3.00% and the five-year rate at 3.50%. The decision reinforced expectations that policymakers are in no rush to introduce further monetary easing after the economy expanded by a better-than-expected 4.5% year-on-year in the third quarter. (Reuters, 20 October).

– Investors actively traded HSI call warrants as the index reversed its earlier gains. HSI-CWWK emerged as the most actively traded call warrant in the market, with 53.8M units changing hands, while HSI-CWU2 ranked second with 36.7M units traded. Both warrants are currently priced at/below RM0.120 on the bid, allowing investors to gain leveraged exposure to movements in the HSI futures with a relatively low capital outlay.

– Following the decline in the HSI futures, the bid prices of both warrants fell by between 8% and 11%. The pullback offers bullish investors a lower entry price should they expect the index to rebound, although further weakness in the HSI futures could result in additional losses. HSI-CWWK expires in December 2026, providing investors with more time to trade their short-to medium-term view while experiencing relatively lower time decay than shorter-dated warrants, all else being equal.

– Net-position data indicated a bullish tilt, with investors recording net purchases of 5.1M units of HSI-CWU2.

– On the put side, trading activity was comparatively lighter, with HSI-PWXF recording 4.2M units traded. Both HSI-CWWK and HSI-PWXF are tagged as trending index warrants which investors may find on our homepage or via our Warrant Search Tool.

👀 Check out their live matrix here.

🛢️🔥Oil futures extend four-month rally as HIBISCS and PCHEM advance

Oil futures have steadily gained over the past four months, with the upward momentum becoming more pronounced in October as geopolitical uncertainty and concerns over near-term supply availability kept energy markets supported.

Malaysian oil and gas-related counters have broadly moved higher. Hibiscus Petroleum (HIBISCS) shares rose from RM2.12 at end-September, to RM2.37 as of yesterday, representing a month-to-date gain of approximately 11%. Petronas Chemicals (PCHEM) similarly advanced from RM4.18 to RM4.49, gaining approximately 7% over the same period.

With both counters benefiting from improving sentiment towards the energy sector, investors with a constructive view on HIBISCS and PCHEM may gain leveraged exposure through their respective call warrants, which cost a fraction of the underlying share prices.

Read on for more information on the recent developments surrounding both companies and how investors can gain leveraged exposure through structured warrants: Malaysia Warrants | Macquarie

🚀 Explore the Live Matrix of the two warrants here.

⚡ Fresh catalysts emerge for Xiaomi and Meituan as Hong Kong reopens

– Here are the latest news and share price catalysts for Xiaomi and Meituan as the Hong Kong shares reopen after a long weekend:

– Xiaomi: the stock had seen three-day of consecutive gains amounting to 10% from 13 Oct to 15 Oct, notably on volume that was triple the 20-day average last Thurs

– The share price boost came on the back of strong demand for its newly launched SkyNomad SUV, with more than 70,000 orders in the first month

– While the SkyNomad ranks belows the 240,000 orders for its YU7 SUV launched last year, investors viewed the SkyNomad order numbers positively given the significantly weaker demand of EVs in the Chinese market this year (Bloomberg)

– Xiaomi had also repurchased around 2.5 million shares at HKD 24.32 to 24.58 on 12 Oct which some investors may perceive as a near-term share price floor

– Despite the strong 10% price surge last week, Xiaomi's share price is still down 32.2% year-to-date

– Macquarie's Xiaomi call warrant, XIAOMI-C46, costs RM0.205 with Xiaomi trading at HKD 27.26 and will move approximately 5% for a 1% move in Xiaomi shares (based on its effective gearing level at 2:52PM)

– Meituan: made its biggest intraday gain since July with a 7% intraday surge to HKD78 last week on 14 Oct, also on volume triple its 20-day average, the buying rush in the Chinese internet company comes ahead of the 11.11 Singles Day event

– In other recent news, Meituan's overseas food delivery arm Keeta tripled its Brazil coverage to 32 cities (from 11), with 83,000 registered restaurants and 430,000 riders - a positive signal for international growth optionality (Yicai)

– Macquarie's Meituan call warrant, MEITUAN-C43, costs RM0.115 while Meituan shares are trading at HKD 75.55 this afternoon, and moves approximately 6% for a 1% move in Meituan shares (based on its effective gearing level at 2:52PM)

📦 View the Live Matrix for both warrants above here.

❓Trading warrants over NIKKEI 225, NASDAQ-100 and S&P 500? Here's why futures matter Investors trading structured warrants over the NIKKEI 225 (NIKKEI), NASDAQ-100® (NDX), and S&P 500® (SP500) may have noticed that these products continue to trade actively…

❓Trading warrants over NIKKEI 225, NASDAQ-100 and S&P 500? Here's why futures matter

Investors trading structured warrants over the NIKKEI 225 (NIKKEI), NASDAQ-100® (NDX), and S&P 500® (SP500) may have noticed that these products continue to trade actively during Malaysian market hours, even when the underlying cash equity markets are closed.

The reason lies in the futures market. Futures linked to the NASDAQ-100 and S&P 500 trade for around 23 hours a day, while SGX Nikkei 225 futures are available for almost 22 hours daily.

Macquarie's structured warrants over these global indices track the relevant futures contracts rather than the spot index levels. Because market makers hedge using these futures contracts, bid and offer prices can continue to be quoted for much of the Bursa Malaysia trading session (refer to the market-making hours shown at the bottom of our Live Matrix tool).

For U.S. indices in particular, futures trading spans both the regular and overnight trading sessions, allowing global developments, economic releases and market-moving news to be reflected in prices as they occur rather than when the underlying cash market reopens.

Click here to visit our index warrants page and view the relevant disclaimer at the bottom of the page: https://malaysiawarrants.com.my/education/indexwarrants

Read on here for more information.

🏖️ Market holiday: Chung Yeung Festival (HK)

🔔 Please take note of the Hong Kong market holiday on Monday, 19 October 2026.

🌐 Our holiday announcements can also be found on our homepage:
https://www.malaysiawarrants.com.my/home

🎯 Exclusive window: specific warrants may be bought on the bid

From time to time, Macquarie Warrants Malaysia, acting as the market maker, may at its discretion decide to sell selected warrants at the bid price.

For updates on which warrants we may sell on the bid, stay connected with us on Facebook or Telegram, where we post all “Sell on the Bid” announcements.

Facebook: www.facebook.com/MalaysiaWarrants/
Telegram: Macquarie Warrants Malaysia

If you have any questions or requests, you’re welcome to contact our warrants team at +603 2059 8840 or email us at [email protected].

📖 Continue reading for further information: Malaysia Warrants | Macquarie

🪟 View their live matrix here: Stock warrants and Index warrants.

HSI slips 1.5%, Nikkei tumbles 5% as hot U.S. inflation data hits tech stocks

- The HSI fell 1.5% by midday as stronger-than-expected U.S. inflation data fuelled concerns of further Fed rate hikes, weighing on technology and AI-related stocks.

- On Bursa Malaysia, HSI-CWU2 was the most actively traded HSI call warrant at the lunch break, with 65.7 million units changing hands.

- Japanese equities were hit harder, with the Nikkei 225 plunging 5.1% to 64,285.17 and Nikkei futures down 5.7%, pressured by a broad sell-off in technology shares.

- The move followed a sharp decline in the Nasdaq overnight after U.S. September CPI came in above expectations, reigniting concerns that interest rates may stay higher for longer.

- Major tech-related names led the losses, with Kioxia Holdings (-11.2%), Advantest (-9.3%), SoftBank Group (-9.3%) and Tokyo Electron (-6.6%) among the biggest decliners.

- Macquarie's Nikkei put warrants dominated the top gainers list, with NIKKEI-H11 bid price rising 85.7%.

- Bargain hunting emerged in call warrants, with NIKKEI-C18 and NIKKEI-C16 recording 3.0 million and 1.3 million units traded respectively, despite bid prices falling 48.5% and 42.7%.

- View the Live Matrix of trending Nikkei warrants here.

- View the Live Matrix of trending HSI warrants here.

Click here to visit our index warrants page and view the relevant disclaimer at the bottom of the page: https://malaysiawarrants.com.my/education/indexwarrants

🏛️ Malaysia Strategy – Budget 2027: The populist policy pivot

Macquarie Equities Research (MQ Research) issued a report on 12th October providing insights on the latest Budget 2027 policy. MQ Research highlights that it was a restrained election budget, with policy shifting towards M40/Small Medium Enterprises (SMEs) with lower taxes/tax relief taking centre stage against modest growth in cash handouts. Additionally, MQ Research states that higher minimum wages are a negative, representing potentially higher headwinds to Consumers, Planters, Constructors and Electronic Manufacturing Services (EMS) (Technology (Tech)) players.

📢 Read more for the full article containing an excerpt of MQ Research's report and important disclaimers: Malaysia Warrants | Macquarie

💻📉 Inflation surprise hits U.S. equities and rate-sensitive tech stocks

S&P 500: 7,718.94 (-1.1%)
Nasdaq-100: 29,950.82 (-2.0%)
DJIA: 51,621.48 (-0.1%)
Eurostoxx: 6,190.37 (+0.4%)
U.S. crude futures: $95.09 (+1.0%)
Spot Gold (XAU/USD): $4,104.80 (-1.4%)

U.S. equities retreated on Wednesday after hotter-than-expected inflation revived concerns that the Federal Reserve may need to tighten monetary policy further. September headline inflation accelerated to 3.7% year-on-year, above the 3.6% consensus and August’s 3.4%, as gasoline costs climbed. Core inflation also exceeded expectations, rising 0.3% month-on-month and 2.6% annually. The report prompted traders to raise the probability of an October rate increase to 37% from 22% previously, intensifying pressure on rate-sensitive growth stocks. Technology declined 2.6%, led by pronounced weakness across AI infrastructure and semiconductors (Reuters, 15 October).

🔗 Check out the Live Matrix for the focus U.S. index warrants here.