DQQW PAHLTH 5xShortSG231012

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Announcement on Air Bag Trigger Suspension

Unless otherwise defined, the capital terms in this Announcement shall bear the same meaning in the relevant Supplemental Listing Document dated 14 October 2020 in relation to the Affected DLCs.

SG Issuer (the “Issuer”) refers to its announcement dated 11 February 2021 regarding the trigger of the Air Bag Mechanism and corresponding suspension of the European Style Cash Settled Short Certificates relating to the ordinary shares of Ping An Healthcare and Technology Company Limited with daily leverage of -5x (the “Affected DLCs”) issued by the Issuer and listed on the Singapore Exchange Securities Trading Limited (the “SGX-ST”).

The Issuer would like to notify holders of the Affected DLCs that as there has been a sharp intraday rise in the price of the Underlying Stock of more than 20% compared to its previous closing price at HK$105.70, with the New Observed Price (i.e. the Underlying Stock Price (ISIR(k))) at HK$126.90, the Affected DLCs have lost 100% of value according to the Supplemental Listing Document. In accordance with the Supplemental Listing Document, the Affected DLCs will not recover in value even if the Underlying Stock resumes trading and trades at a lower price. The trading and market making activities for the Affected DLCs will be permanently suspended.

Issued by SG Issuer

11 February 2021

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.
Last Price
0.000
0 (0.00%)
Bid
N/A
Ask
N/A
  • Open
    -
  • High
    -
  • Low
    -
  • Last Intrinsic Close
    0.000
  • Traded Value
    -
  • Volume
    -
  • Sensitivity
    0.000
  • Effective Leverage
    -19.33
Underlying Price
Previous Day Close
117.90
Air Bag Trigger Level
135.58
-4.92%
+12%
+15%
Air Bag Trigger Level
135.58
Last Update: 26/02/2021 16:01

Static Data - Daily Leverage Certificate

  • Code
    DQQW
  • Type
    Daily Short
  • ISIN
    LU1986502695
  • Guarantor
    SG
  • Underlying Asset
    PA Gooddoctor (1833.HK)
  • Leverage Factor
    -5x
  • Issuer
    SG Issuer
  • Issued Qty
    -
  • Listing Date
    15/10/2020
  • DLC Trading Currency
    SGD
  • Last Trading Date
    05/10/2023
  • Underlying Currency
    HKD
  • Expiry Date
    12/10/2023
  • Air Bag Trigger Level
    15%

Trading Data

  • Sensitivity
    0.000
  • Outstanding Qty / (%)
    0 (0.00%)
  • % Spread
    0.00%
  • Outstanding Change
    -

Costs and Fees

  • Management Fee
    0.4% per annum
  • Gap Premium
    5.8% per annum
  • Daily Cost / (%)
    0.000000 (0.00%)

Legal Documents

PAHLTH 5xShortSG231012

Last Intrinsic Close
Last Update: 26/02/2021 16:01

1833.HK

Last Close
Last Update: 26/02/2021 16:01

Historical Performance Data

  Day Before 1 week 1 month 6 months
Product - - - -
Underlying 0.00% -8.34% +15.15% -1.75%
Last Update: 26/02/2021 16:01
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