14.09.2024

Malaysian investors embrace market dips and international expansion, Moomoo survey reveals

Moomoo Malaysia's survey shows 60% of investors buy during market dips. The platform announces US Options and HKEX trading, expanding opportunities for Malaysians.

By Business Editor

Dennis Jee, Chief Operating Officer of Moomoo Malaysia; Kathlyn Toh, Founder & Chief Trainer of Beyond Insights; Zeff Tan, Chief Trainer & Equity Researcher of SHARIX.MY

Picture courtesy of Moomoo Malaysia

In a groundbreaking event that marks a new chapter in Malaysia's financial landscape, Moomoo Malaysia's #MerdekaBersamaMoofest has unveiled fascinating insights into the investment strategies of Malaysian investors. The three-day financial literacy extravaganza, supported by Bursa Malaysia, showcased Moomoo's commitment to revolutionizing investor experiences and promoting financial independence through cutting-edge technology.

Expanding Horizons: US Options and HKEX Trading

Moomoo Malaysia made waves by announcing its plans to pioneer the launch of US Options trading in Malaysia. Additionally, the platform will soon offer Hong Kong Stock Exchange (HKEX) trading, significantly broadening the spectrum of investment products available to Malaysian investors. This strategic move is set to open doors to some of the world's most dynamic financial markets, allowing for greater portfolio diversification.

Survey Highlights: Embracing Opportunities in Market Volatility

The H2 Investor Sentiment Survey conducted by Moomoo Malaysia revealed several key trends:

Buying the Dip: A whopping 60.4% of Malaysian investors view market downturns as prime opportunities to purchase stocks.
Cash is King: 37.4% of investors are increasing their cash holdings, preparing for future investment prospects.
Defensive Positioning: 22.2% of respondents are shifting towards more defensive sectors.
Going Global: One in four investors is looking to expand their portfolios internationally.

Dennis Jee, Chief Operating Officer of Moomoo Malaysia

Dennis Jee, Chief Operating Officer of Moomoo Malaysia, commented on the findings: "The survey results paint a picture of a maturing investor base in Malaysia. The strategic approach to market dips and increased cash reserves indicates a more sophisticated, data-driven decision-making process among investors."

Tech and AI: The New Frontier

The survey also highlighted the growing interest in technology and artificial intelligence (AI) sectors, with 37% of investors prioritizing these industries. This trend aligns with the global AI revolution and its potential for long-term growth. Energy, healthcare, and finance sectors also remain attractive, showcasing a balanced approach to investment.

Investing for Independence: Expert Insights

A high-profile panel discussion featuring industry leaders Kathlyn Toh (Beyond Insights), Zeff Tan (SHARIX.MY), and Dennis Jee (Moomoo Malaysia) delved into the evolving investment landscape. The panel, titled "Moo-ving Malaysia Forward: Building Your Merdeka Portfolio, Investing for Independence," emphasized the critical role of financial and digital literacy in achieving financial independence.

Jee concluded the session with a powerful message: "Moomoo's mission is to democratize market access, empowering Malaysians from all walks of life to invest with confidence. Through education, technology, and community support, we're creating a level playing field for every investor."

08. #MerdekaBersamaMoofest Activity

Community-Driven Learning

The #MerdekaBersamaMoofest event also featured interactive learning experiences, including MooFit Bootcamp sessions and Moomoo MasterClass workshops. These activities provided participants with hands-on guidance and a supportive community environment, reinforcing the importance of continuous learning in the pursuit of financial independence.

As Moomoo Malaysia continues to innovate and expand its offerings, the future looks bright for Malaysian investors seeking to build their financial independence in an increasingly interconnected global market.

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