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02-20 11:48

Nasdaq-100 and S&P slide on geopolitical tensions: Spotlight on 7x Long and Short DLCs

Wall Street closed slightly lower on Thursday (19 Feb) as rising tensions between the US and Iran weighed on investor sentiment. Markets turned cautious after rallying earlier in the week amidst continued volatility in stock markets. The tech-heavy $NASDAQ 100(NDX)$ fell 0.4%, while the broader $S&P 500(.SPX)$ closed 0.3% lower. Correspondingly, the Nasdaq 7x Short DLC rose about 2.9%, while the Nasdaq 7x Long DLC fell by a similar magnitude. Market volatility continues to remain elevated, with the CBOE Volatility Index (VIX) hovering above 20, above its 50, 100, and 200-day moving averages. Among our DLC-
Nasdaq-100 and S&P slide on geopolitical tensions: Spotlight on 7x Long and Short DLCs

DLC Weekly Recap | Top Gainers & Losers

For period 3 to 10 February 2026: Topping the table this week is $Popmart 5xLongSG270706(IAUW.SI)$, which posted a 100% gain for the period of 3-10 February 2026. The move was supported by positive sentiment around the underlying $POP MART(09992)$ driven by anticipation of upcoming product launches and the recent rollout of its share repurchase program. Over the same period, Pop Mart's share price rose 14.1%. 📊 Top 5 Performers (3 Stocks + 2 Indices) Pop Mart 5x Long (IAUW) gained 100% Keppel 5x Long (GSEW) gained 88% AMZN 3x Short (USBW) gained 47% HSCEI 7x Long (VSQW) gained 13% DJIA 7x Long (9X9W) gained 11% 📉 Top 5 Losers (3 Stocks + 2 Indices) Keppel 5x Short (YCRW) declined -56% AMD 3x Long (Z4W
DLC Weekly Recap | Top Gainers & Losers

Nasdaq-100 rises, S&P Flat on Jan Jobs Report; Focus on 7x Long & Short DLCs

Wall Street ended mixed after a stronger-than-expected January jobs report dampened hopes for near-term Fed rate cuts. Nonfarm payrolls rose 130,000, well above the expected 55,000, while unemployment edged down to 4.3%, prompting traders to scale back bets on a March cut. Markets initially gained on the news but ended mixed: the $NASDAQ 100(NDX)$ rose 0.3%, the $S&P 500(.SPX)$ was flat, and the $Dow Jones(.DJI)$ slipped 0.1%. Societe Generale (SG)'s Daily Leverage Certificates (DLCs) offer investors both 'Long' and 'Short' exposure with up to 7x leverage on the key US indices such as S&P 500, Nasdaq-100, and Dow Jones, enabling investors to take direction
Nasdaq-100 rises, S&P Flat on Jan Jobs Report; Focus on 7x Long & Short DLCs

DBS, CapitaLand Slide on Earnings Miss; 6 New DLCs Listed & Further Issue of YPCW

Earnings season has kicked off for Singapore‑listed companies, with DBS, CapitaLand, and Keppel leading the first round of results. $DBS(D05.SI)$ has declined 2.9% this week (9–11 Feb) following its pre‑market earnings release on Monday (9 Feb), weighed down by weaker‑than‑expected trading income. Tracking the move, the DBS 5x Short DLC has gained about 14% this week, while the DBS 5x Long DLC has fallen roughly 14.5%. $CapitaLandInvest(9CI.SI)$ also started Wednesday morning (11 Feb) in negative territory, sliding as much as 8.8% after reporting a net loss of S$142 million for the second half ended 31 Dec 2025. Mirroring the move in the underlying, the CapitaLand 5x Short DLC was up around as much as
DBS, CapitaLand Slide on Earnings Miss; 6 New DLCs Listed & Further Issue of YPCW

🔔 ❗Further Issuance of HSTECH 7x Long DLC YPCW; 6 new DLCs Listed Today ❗🔔

Societe Generale (SG) has issued additional units of HSTECH 7x Long DLC (YPCW) $HSTECH 7xLongSG270331(YPCW.SI)$ due to strong demand. Our Bid and Offer is now quoting 5 million units on each side. Separately, we have also listed 6 new DLCs today, including $SGX(S68.SI)$ , $SANDS CHINA LTD(01928)$ , $PING AN(02318)$ , $CNOOC(00883)$, and $HSI(HSI)$ Short DLCs. Newly-Listed DLCs: SGX 5x Short (8I3W) Sands 5x Short (FTEW) PingAn 5x Short (LMWW) CNOOC 5x Short (OJOW) HSI 7x Short (X3FW) Visit dlc.socgen.com to view the full list of D
🔔 ❗Further Issuance of HSTECH 7x Long DLC YPCW; 6 new DLCs Listed Today ❗🔔

Pop Mart Rises Over 8% in Choppy Week for Markets; 5x Long DLC Gains 40%

$POP MART(09992)$ gained +8.8% over the week (2-6 Feb 2026), supported by sustained positive sentiment around its upcoming product launches. Strong market interest in its non-LABUBU series, including the PUCKY Knock and Stary Heartbeat Series, together with the recent launch of its share repurchase program, helped bolster investor confidence. Pop Mart's share price is currently trading firmly above its 50-day, 100-day, and 200-day moving averages, reflecting the positive price momentum observed throughout the week as investor confidence continues to build. Tracking the underlying, the $Popmart 5xLongSG271216(FNYW.SI)$ rallied about 40%, while the $Popmart 5xSh
Pop Mart Rises Over 8% in Choppy Week for Markets; 5x Long DLC Gains 40%

DLC Weekly Recap | Top Gainers & Losers

For period 28 January to 4 February 2026: The top performer for the week is $SMIC 5xShortSG270930(ZAXW.SI)$ , supported by a -17.18% decline in $SMIC(00981)$ over the same period. The drop occurred against the backdrop of a broader sell‑off in the tech sector, as investors grew increasingly cautious amid concerns about stretched valuations, elevated capital expenditure, and the potential impact of artificial intelligence on established business models. 📊 Top 5 Performers (3 Stocks + 2 Indices) SMIC 5x Short (ZAXW) gained 92% Bilibili 5x Short (UQAW) gained 91% HSTECH 7x Short (9B2W) gained 83% Baidu 5x Short (V2UW) gained 80% HSCEI 7x Short (CVSW) gained 37% 📉 Top 5 Losers (3 Stocks + 2 Indices) AMD 3
DLC Weekly Recap | Top Gainers & Losers

Kuaishou Leads Tech Stock Declines on Tax Concerns; Capitalise using 5x Long and Short DLCs

Chinese technology stocks listed in Hong Kong were broadly weaker on Tuesday (3 Feb), following concerns that the sector could face higher value‑added tax after the government raised VAT rates for domestic telecommunications companies. $KUAISHOU-W(01024)$ closed down 4.61%, after falling as much as 7.7% intraday. Correspondingly, the Kuaishou 5x Short DLC rose about 21%, while the $Kuaisho 5xLongSG261217(VLLW.SI)$ declined by a similar magnitude, in line with the underlying price movement. Other major tech names also recorded losses, with $BIDU-SW(09888)$ ,$TENCENT(00700)$ ,
Kuaishou Leads Tech Stock Declines on Tax Concerns; Capitalise using 5x Long and Short DLCs

⚠️❗HSTECH 7x Long DLC (YPCW) close to sold out ❗⚠️

$HSTECH(HSTECH)$ 7x Long DLC (YPCW) has seen strong fund flows and is currently close to sold out at 90% outstanding. In the case that $HSTECH 7xLongSG270331(YPCW.SI)$ is sold out, Societe Generale (SG) will continue to provide bid price according to the pricing formula. Investors who are holding existing units of DLCs will be able to unwind their positions as usual while not able to purchase extra positions from SG. Investors can consider purchasing the similarly priced $HSTECH 7xLongSG261105A(WYHW.SI)$, currently trading at $0.085. If investors wish to consider higher price ranges, $HSTECH 7xLongSG261105(UMCW.SI
⚠️❗HSTECH 7x Long DLC (YPCW) close to sold out ❗⚠️

Tesla Rallies 3.3% On SpaceX Merger News; Netflix 3x DLCs Now Available

US indices declined on Friday (30 January), as investors reacted to President Trump's nomination of Kevin Warsh for Fed Chair. The $S&P 500(.SPX)$ fell 0.4%, while the $NASDAQ 100(NDX)$ closed 1.3% lower. Treasury yields and a stronger US dollar weighed on risk appetite, as markets interpreted the Fed Chair pick as reinforcing a more disciplined and cautious easing trajectory. Within DLC-covered names,
Tesla Rallies 3.3% On SpaceX Merger News; Netflix 3x DLCs Now Available

🔔 ❗New Netflix DLCs; 5 new DLCs listed today❗🔔

Five new SocGen DLCs were listed today, including a new underlying: $Netflix(NFLX)$ . Societe Generale has expanded its US underlying DLC lineup beyond the Mag 7, adding Netflix following last year’s additions of $Broadcom(AVGO)$ and $Advanced Micro Devices(AMD)$ . Other new DLC underlyings include $CATL(03750)$ and $DBS(D05.SI)$ . 5 New SocGen DLCs start trading today: Netflix 3x Long DLC (9E7W) Netflix 3x Short DLC (WWRW) CATL 5x Short DLC (HBIW) DBS 5x Short DLC (FVBW) Keppel 5x Short DLC (YCRW) Visit dlc.socgen.com to view the full list of DLCs, and our newly-launched DLCs
🔔 ❗New Netflix DLCs; 5 new DLCs listed today❗🔔

Bilibili gains +5.85% to new record high on strong advertising prospects; 10 New DLCs Listed on 27 Jan

$BILIBILI-W(09626)$ closed Tuesday (27 Jan) up 5.85%, supported by investor optimism around AI-driven application monetisation and strong expectations for its advertising business. The stock rose as much as nearly 7% intraday, reaching a new all-time high of HK$274 in a decisive breakout from its recent consolidation range. Reflecting the move in the underlying, the $Bilibili 5xLongSG270216(ODJW.SI)$ rallied almost 30%, while our newly-listed$Bilibili 5xShortSG280120(UQAW.SI)$ declined by a comparable magnitude. Meanwhile, the $HSTECH(HSTECH)$ rose 0.5%, while the broader $H
Bilibili gains +5.85% to new record high on strong advertising prospects; 10 New DLCs Listed on 27 Jan

🔔 ❗ 10 New DLCs Listed Today❗🔔: Capitaland, HSTech, Baidu, Alibaba DLCs

10 New SocGen DLCs Start Trading Today: CapInv 5x Long DLC (Z5WW) Bilibili 5x Short DLC (UQAW) JD 5x Short DLC (PBDW) Meituan 5x Short DLC (IJWW) Baidu 5x Long DLC (RZGW) HSTECH 7x Short DLC (XNOW) Meituan 5x Long DLC (PSIW) Kuaisho 5x Short DLC (QPSW) Alibaba 5x Short DLC (ZPGW) HKEx 5x Short DLC (9LTW) Visit dlc.socgen.com to view the full list of DLCs HS TECH DLCs: $HSTECH 7xLongSG270331(YPCW.SI)$ $HSTECH 7xShortSG270309(9B2W.SI)$ This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the
🔔 ❗ 10 New DLCs Listed Today❗🔔: Capitaland, HSTech, Baidu, Alibaba DLCs

Banks Lead Singapore Gains Ahead of Earnings; UOB 5x Long & Short DLC in Focus

Singapore equities mostly advanced over the past week, supported by improved global risk sentiment after US President Donald Trump signaled he would not pursue the use of force regarding Greenland and stepped back from imposing additional tariffs on European markets. Banking names continued to drive market performance. $UOB(U11.SI)$ posted a weekly gain of nearly 8%, $OCBC Bank(O39.SI)$ rose 4.52%, and$DBS(D05.SI)$ briefly traded above the S$59 level before consolidating to end the week roughly flat at S$58.65. The SIMSCI benchmark closed the week up 1.25%, reflecting broad-based strength across the domestic market. UOB’s share price continues to trade abov
Banks Lead Singapore Gains Ahead of Earnings; UOB 5x Long & Short DLC in Focus

Why DLCs Are The Next Step for L&I Traders 🚀

Sharing a great breakdown on how DLCs can be the next step (-up) for those familiar with Leveraged and Inverse ETFs. In short, for traders already familiar with L&I ETFs, Daily Leverage Certificates (DLCs) offer a more flexible, short‑term trading tool. With a choice of 3x, 5x, or 7x leverage—compared to the typical 2x/3x offered by L&I ETFs—investors are given more control over their desired level of exposure. Importantly, DLCs have no margin requirements and clear, transparent costs. They allow investors to tailor their strategies to your own risk appetite—Those seeking higher volatility can opt for a larger multiplier, while those wanting tighter control can stay with a lower one. DLCs also broaden access to global underlyings across US, Hong Kong, and Singapore markets, all tra
Why DLCs Are The Next Step for L&I Traders 🚀

DLC Weekly Recap | Top Gainers & Losers

For period 14 January to 21 January 2026: Leading the table this week is $AMD 3xLongSG280420(Z4WW.SI)$ , which climbed 36%. The rally tracked the strong performance of $Advanced Micro Devices(AMD)$ , which gained 11% over the same period and logged seven consecutive days of gains. Market optimism continues to build around AMD’s growing business in supplying central processing units for AI servers. The company is reportedly close to being sold out of its server CPUs for the year, and analysts expect the segment to expand by around 50% in 2024, supported by robust demand for its chips. 📊 Top 5 Performers (3 Stocks + 2 Indices) AMD 3x Long DLC (Z4WW) gained 36% Xiaomi 5x Short DLC (SLRW) gained 34% Baidu 5
DLC Weekly Recap | Top Gainers & Losers

Pop Mart Rallies on Share Buyback; Spotlight on 5x Long & Short DLCs

$POP MART(09992)$ climbed more than 10% in early trading on Tuesday (20 Jan) after the company repurchased 1.4 million shares for HK$251.4 million on Jan. 19 - its first buy back since early 2024, according to a filing to the Hong Kong Stock Exchange on Monday. The buyback supported a move in the share price from HK$177.70 to HK$181.20, before strong follow-through buying at the market open pushed the stock to as high as HK$199. Tracking the underlying, Pop Mart DLCs reacted strongly to the underlying's move with $Popmart 5xLongSG271216(FNYW.SI)$ gaining as much as +50%, while the $Popmart 5xShortSG270706(ZBTW.SI)$ declined by a similar magnitude. For inve
Pop Mart Rallies on Share Buyback; Spotlight on 5x Long & Short DLCs

Top Movers: Alibaba Surged +13% While Pop Mart Fell -9% Last Week

Hong Kong equities mostly edged lower on Friday (16 Jan) as investors locked in gains, following an earlier surge after a robust earnings outlook from TSMC that strengthened confidence in sustained AI-driven demand and boosted global risk appetite. $HSTECH(HSTECH)$ still advanced 2.37% for the week, while the $HSI(HSI)$ gained 2.34%. With the market failing to break above the recent highs in Oct/Nov last year, HSI continues to be resisted at around the 27,200 level; a breakout above this level would signal that the recent upward price movement has extended beyond prior consolidation, while price hesitation at this zone could indicate that the market remains in a consolidation phase. Top movers over the s
Top Movers: Alibaba Surged +13% While Pop Mart Fell -9% Last Week

DLC Weekly Recap | Top Gainers & Losers

For period 7 January to 14 January 2026: Leading the pack this week is $Bilibili 5xLongSG270216(ODJW.SI)$ , which soared 151% over the past week, fueled by a 22.27% rally in its underlying $BILIBILI-W(09626)$ . The surge was supported by broader-AI optimism lifting tech stocks and steady advertising growth for the company. Over the last year, Bilibili's share price has nearly doubled, supported by its turnaround from losses to consistent profitability, powered by AI-driven cost efficiencies and enhanced monetisation. 📊 Top 5 Performers (3 Stocks + 2 Indices) Bilibili 5x Long DLC (ODJW) gained 151% Alibaba 5x Long DLC (ZVNW) gained 93% Kuaisho 5x Long DLC (VLLW) gained 55% HSTech 7x Long DLC (YPCW) gai
DLC Weekly Recap | Top Gainers & Losers

Alibaba Rallies on Anti-trust Probe; 5x Long & Short DLCs in Focus

$BABA-W(09988)$ closed up 3.63% on Tuesday (13 Jan) but was up as much as 6.29% during the day following reports that China's State Council launched an antitrust probe into the food delivery sector to regulate competition and delivering hope that the price war is ending. Alibaba DLCs were amongst the top movers on 13 Jan with $Alibaba 5xLongSG270712(ZVNW.SI)$ gaining +18% for the day, while the $Alibaba 5xShortSG270907(RHDW.SI)$ suffered losses of the same magnitude. Alibaba shares were further supported by China's announcement that the government will accelerate AI adoption in manufacturing, with markets viewing Alibaba as a key beneficiary of this policy
Alibaba Rallies on Anti-trust Probe; 5x Long & Short DLCs in Focus

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