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 same period included $BABA-W(09988)$ which rose over 13%, while $POP MART(09992)$ fell around 9%. On the DLCs, the Alibaba 5x Long DLC gained around 73% while the Alibaba 5x Short DLC declined by around 54%; Pop Mart 5x Short DLC gained around 53% while the Pop Mart 5x Long DLC declined by around 43%
With market volatility remaining a key feature across Hong Kong equities, investors looking to express short‑term directional views during this period—particularly ahead of earnings releases—DLCs offer a structured way to obtain amplified long or short exposure to specific names or indices.
Visit dlc.socgen.com to view the full list of DLCs.
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 “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
