Z7MW | Alibaba 5xShortSG270309

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This DLC is at a low value. As the value of a DLC gets smaller, the minimum bid/ask spread will become larger in percentage, which increases the trading costs for investors. In the case where the theoretical bid is below SGD 0.001, the issuer will not be able to provide both bid and offer. Please refer to here for more detail.

If you want to express the same view on this Underlying Asset using a DLC at a higher price which provides the same theoretical percentage movement with better sensitivity, you may consider RHDW
Last Update:
Z7MW    9988.HK

Performance (%)

  Day Before 1 week 1 month 6 months Year-To-Date
Z7MW +5.81% -44.62% -98.41% -99.64% -99.62%
Last Update: 25/09/2025
SGD
0.005
+0.001 (+25.00%)
Bid
0.005
Ask
0.006
  • Open
    0.004
  • High
    0.005
  • Intrinsic Close
    0.004
  • Low
    0.004
  • Traded Value
    -
  • Volume
    -
Last Update:
Underlying Price
Prev. Day Close
172.00
Air Bag Trigger Level
197.80
-2.27%
+12%
+15%
Last Update: 26/09/2025 15:01

Product Terms

  • Code
    Z7MW
  • Type
    Daily Short
  • ISIN
    LU2517568056
  • Guarantor
    SG
  • Underlying Asset
    Alibaba (9988.HK)
  • Leverage Factor
    -5x
  • Issuer
    SG Issuer
  • Issued Qty
    8,000,000
  • Listing Date
    12/03/2025
  • DLC Trading Currency
    SGD
  • Last Trading Date
    02/03/2027
  • Underlying Currency
    HKD
  • Expiry Date
    09/03/2027
  • Air Bag Trigger Level
    15%
  • Gap Premium
    15% p.a.
  • Management Fee
    0.4% p.a.

Trading Data

  • Sensitivity
    9.061
  • % Spread
    16.67%
  • Outstanding Qty / (%)
    2,134,500 (26.68%)
  • Outstanding Change
    +1,397,600

Overnight Cost

  • Daily Cost / (%)
    -0.000002 (-0.06%)

Legal Documents

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DLC Flyer Cover v20250102


Introduction to 

Daily
Leverage
Certificates (DLC)