-5x Short Alibaba | Code: Z7MW

Exchange Trading Name: 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 ZPGW
SGD
0.004
+0.001 (+33.33%)
Bid
0.004
Ask
0.005
  • Open
    0.004
  • High
    0.004
  • Intrinsic Close
    0.004
  • Low
    0.004
  • Traded Value
    -
  • Volume
    -
Last Update:
Underlying Price
Prev. Day Close
137.70
Air Bag Trigger Level
158.35
-4.14%
+12%
+15%
Last Update: 19/03/2026 16:01
Last Update:
Z7MW    9988.HK

Performance (%)

  Day Before 1 week 1 month 6 months Year-To-Date
Z7MW +21.14% -5.21% +38.86% -45.27% -1.61%
Last Update: 19/03/2026

Product Terms

  • Exchange 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
  • Exchange-traded
    SGX Stock Exchange
  • DLC Trading Currency
    SGD
  • Listing Date
    12/03/2025
  • Underlying Currency
    HKD
  • Last Trading Date
    02/03/2027
  • Air Bag Trigger Level
    15%
  • Expiry Date
    09/03/2027
  • Management Fee
    0.4% p.a.
  • Gap Premium
    15% p.a.

Trading Data

  • Sensitivity
    9.072
  • % Spread
    20.00%
  • Outstanding Qty / (%)
    710,500 (8.88%)
  • Outstanding Change
    -

Overnight Cost

  • Daily Cost / (%)
    -0.000007 (-0.18%)

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Introduction to 

Daily
Leverage
Certificates (DLC)