21st November 2023 (Tuesday)
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Market Commentary
Xiaomi shares have gained +48% YTD

Xiaomi reported a strong set of third quarter results lifted by margin expansion and smartphone sales recovery. Smartphone business posts first sales increase in almost two years. 

Xiaomi shares have gained +48% year-to-date 20 Nov, outperforming the benchmark Hang Seng Index -10% decline and Hang Seng TECH Index -1% decline. 

For the September quarter, the company reported sales of 70.9 billion yuan, up 0.6% YoY and a net profit of 4.9 billion yuan, compared with a loss of 1.5 billion yuan in 3Q 2022.

Xiaomi sold more than one million of its latest 14 series devices in their first week in October, Chairman Lei Jun wrote in a Weibo post. And last week, the public got a first glimpse of its envisioned five-seater sedan after Beijing approved the vehicle’s roadworthiness. (Source: Bloomberg)

Gain Long and Short leverage exposure to the Hang Seng indices and HK single stocks with SocGen DLCs. Click HERE to view the full list of DLCs. 

DKRW
Xiaomi 5xLongSG251113
1810.HK 5x Long
Last Price1
0.385 +0.02
(+5.55%)
Last Update: 20/11/2023 17:29
 
DRSW
Xiaomi 5xShortSG241114
1810.HK 5x Short
Last Price1
0.340 -0.019
(-5.15%)
Last Update: 20/11/2023 17:29
Last Price1: The DLC price displayed is based on the 'bid price' instead of the 'traded price'. This is to provide a more accurate representation of the DLC value at each particular point in time and a more accurate reflection of DLC price changes. DLCs do not trade as frequently as shares and sometimes may not record a trade for a long period of time though the bid/offer prices quoted by the Designated Market Maker may continue to move, therefore using the bid price is usually the best indicator of a DLC value.
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New Issuance
Stock
Code
DLC
Name
Underlying Leverage
Factor
Listing
Date
DKQW PingAn 5xShortSG241114 Ping An Insurance -5x 17/11/2023
DRSW Xiaomi 5xShortSG241114 Xiaomi Corporation -5x 17/11/2023
DKPW Alibaba 5xLongSG251113 Alibaba 5x 16/11/2023
DJYW CLIFE 5xLongSG251113 China Life Insurance 5x 16/11/2023
DKVW CNOOC 5xLongSG251113 CNOOC 5x 16/11/2023
DRRW Geely 5xLongSG251113 Geely Auto 5x 16/11/2023
DVWW HKEx 5xLongSG251113 HKEX 5x 16/11/2023
DWYW JD 5xLongSG251113 JD.com 5x 16/11/2023
DYTW Lenovo 5xLongSG251113 Lenovo Group 5x 16/11/2023
DJZW LiNing 5xLongSG251113 Li Ning Co Ltd 5x 16/11/2023
DVXW Meituan 5xLongSG251113 Meituan 5x 16/11/2023
DYWW NetEase 5xLongSG251113 NetEase 5x 16/11/2023
DRVW Singtel 5xLongSG251113 Singtel 5x 16/11/2023
DYSW Tencent 5xLongSG251113 Tencent 5x 16/11/2023
DRTW WuxiBio 5xLongSG251113 Wuxi Biologics Cayman Inc 5x 16/11/2023
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Education
How to Trade the US Indices DLCs?

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Top Gainers / Losers
Code Name Bid Change1
(%)
DUYW XPeng 5xLongSG250306 +0.096
(+30.11%)
DETW Baidu 5xLongSG241126 +0.02
(+22.89%)
DJVW Bilibili 5xLongSG250306 +0.09
(+18.97%)
DVXW Meituan 5xLongSG251113 +0.086
(+15.39%)
DISW Alibaba 5xLongSG250904 +0.016
(+15.21%)
Code Name Bid Change1
(%)
DSXW Baidu 5xShortSG231220 -0.003
(-26.88%)
DVMW Baidu 5xShortSG240709 -0.283
(-24.43%)
DYGW Meituan 5xShortSG240411 -0.062
(-17.37%)
DOVW Meituan 5xShortSG231220 -0.177
(-17.24%)
DVRW Alibaba 5xShortSG231220 -0.016
(-16.47%)
Bid Change (%)1: Data calculated based on the percentage change in last intrinsic closing value on 20/11/2023 and last bid price on 21/11/2023 09:37.
Intinsic Closing Value: Last updated on 20/11/2023
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Top 10 traded DLCs
Code Name Underlying1
Chg (%)
Bid Change2
(%)
Bid Price Value traded
CYSW HSTECH 7xLongSG251029 +1.44% +0.137
(+11.53%)
1.325 346K
CYPW HSTECH 7xLongSG250304 +1.44% +0.048
(+10.62%)
0.500 207K
CZLW HSI 5xLongSG250416 +1.17% +0.012
(+7.16%)
0.180 73K
DKBW DBS 5xLongSG240306 -1.51% -0.036
(-7.90%)
0.420 56K
CVKW HSTECH 7xLongSG240416 +1.44% +0.008
(+9.83%)
0.089 43K
CXPW HSI 7xLongSG251029 +1.17% +0.131
(+10.66%)
1.360 33K
DVSW Venture 5xLongSG260904 +0.93% +0.046
(+5.98%)
0.815 32K
DOGW UOB 5xLongSG240306 -0.48% -0.005
(-1.78%)
0.275 29K
DRKW Meituan 5xLongSG241126 +3.03% +0.024
(+14.39%)
0.191 29K
DEQW Alibaba 5xLongSG241126 +2.89% +0.027
(+13.32%)
0.230 25K
Underlying Chg (%)1: Data calculated based on the percentage change in underlying asset price between 20/11/2023 and 21/11/2023 09:37.
Bid Change (%)2: Data calculated based on the percentage change in last intrinsic closing value on 20/11/2023 and last bid price on 21/11/2023 09:37.
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