25th March 2024 (Monday)
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Market Commentary
Tencent to Double Share BuyBacks

Tencent (700.HK) gained 1.76% to close at HKD 288.80 for the week ended 22 March, after the company reported 4Q earnings on 20 March that missed estimates, dragged down by weaker performance in its video gaming business. Tencent also reported that it intends to at least double the size of its share buybacks in 2024. 

Hang Seng Index (HSI) closed at 16499 points for the week ended 22 March, down 221 points or 1.32%. Hang Seng TECH Index (HSTECH) closed at 3456 points for the week ended 22 March, up 94 points or 2.65%. To read more, click here for the weekly market commentary including a featured HK stock analysis each week. 

Newly listed 5xShort DLCs on Tencent, Alibaba, JD, Meituan, Netease, CNOOC, PetroChina, Sands China, China Construction Bank, China Life & China Merchant Bank started trading today Monday 25 March. 

New 7x Short DLCs on Nasdaq-100, S&P 500 and Dow Jones Indices will start trading tomorrow Tuesday 26 March. New 5x Long DLCs on Alibaba, JD, Netease, Baidu, Meituan will start trading tomorrow Tuesday 26 March. 

View the list of newly listed DLCs here.

DYSW
Tencent 5xLongSG251113
0700.HK 5x Long
Last Price1
0.158 +0.004
(+2.56%)
Last Update: 25/03/2024 12:10
 
EGCW
Tencent 5xShortSG250320
0700.HK 5x Short
Last Price1
0.585 0
(0.00%)
Last Update: 25/03/2024 12:10
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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POEMS DLC PROMOTION 

LIM & TAN DLC PROMOTION 

 

New Issuance
Stock
Code
DLC
Name
Underlying Leverage
Factor
Listing
Date
9O5W Alibaba 5xLongSG250924 Alibaba 5x 26/03/2024
PYDW Baidu 5xLongSG250924 Baidu, Inc. 5x 26/03/2024
Y0ZW DJIA 7xShortSG260324 Dow Jones Industrial Average Index -7x 26/03/2024
8E9W JD 5xLongSG250924 JD.com 5x 26/03/2024
NUGW Meituan 5xLongSG250924 Meituan 5x 26/03/2024
NCTW Nasdaq 7xShortSG260324 Nasdaq-100 Stock Index -7x 26/03/2024
HLJW NetEase 5xLongSG250924 NetEase 5x 26/03/2024
HQCW S&P 7xShortSG260324 S&P 500 Index -7x 26/03/2024
IXJW Alibaba 5xShortSG250320 Alibaba -5x 25/03/2024
YVAW CMB 5xShortSG250320 China Merchants Bank Co Ltd -5x 25/03/2024
95DW CLIFE 5xShortSG250320 China Life Insurance -5x 25/03/2024
EXXW CCB 5xShortSG250320 China Construction Bank -5x 25/03/2024
XHHW CNOOC 5xShortSG250320 CNOOC -5x 25/03/2024
VPYW JD 5xShortSG250320 JD.com -5x 25/03/2024
GUBW Meituan 5xShortSG250320 Meituan -5x 25/03/2024
  CHECK OUT THE NEWLY LAUNCHED DLCs  
Education
How to Trade the US Indices DLCs?

Click here to watch the video

Top Gainers / Losers
Code Name Bid Change1
(%)
DRKW Meituan 5xLongSG241126 +0.007
(+46.26%)
OZDW Meituan 5xLongSG251216 +0.586
(+44.10%)
DVXW Meituan 5xLongSG251113 +0.022
(+43.40%)
DETW Baidu 5xLongSG241126 +0.006
(+23.16%)
DZUW Geely 5xShortSG241209 +0.03
(+16.19%)
Code Name Bid Change1
(%)
DYLW WuxiBio 5xShortSG240709 -0.007
(-47.98%)
DYGW Meituan 5xShortSG240411 -0.081
(-43.79%)
GUBW Meituan 5xShortSG250320 -0.255
(-42.49%)
DYTW Lenovo 5xLongSG251113 -0.06
(-35.13%)
DVMW Baidu 5xShortSG240709 -0.121
(-21.37%)
Bid Change (%)1: Data calculated based on the percentage change in last intrinsic closing value on 22/03/2024 and last bid price on 25/03/2024 12:10.
Intinsic Closing Value: Last updated on 22/03/2024
  READ MORE  
Top 10 traded DLCs
Code Name Underlying1
Chg (%)
Bid Change2
(%)
Bid Price Value traded
DAKW Wilmar 5xShortSG240424 +0.29% -0.009
(-2.03%)
0.425 424K
DFIW OCBC 5xShortSG240424 0.00% 0
(0.00%)
0.155 338K
DXOW CapInv 5xShortSG241218 -1.47% +0.047
(+6.99%)
0.710 337K
DIGW STEng 5xShortSG250515 +0.25% -0.001
(-0.71%)
0.139 327K
DPGW SGX 5xShortSG241218 0.00% -0.01
(-3.28%)
0.295 311K
DGJW UOB 5xShortSG241024 -1.24% +0.01
(+5.45%)
0.191 306K
DPZW Venture 5xShortSG241218 +0.50% -0.037
(-3.66%)
0.970 286K
DVNW Sembcorp 5xShortSG250709 +0.19% 0
(0.00%)
0.157 271K
DVFW Genting 5xShortSG241218 +0.56% -0.006
(-3.09%)
0.000 270K
DWFW CityDev 5xShortSG241218 -1.35% +0.1
(+6.85%)
1.555 269K
Underlying Chg (%)1: Data calculated based on the percentage change in underlying asset price between 22/03/2024 and 25/03/2024 12:10.
Bid Change (%)2: Data calculated based on the percentage change in last intrinsic closing value on 22/03/2024 and last bid price on 25/03/2024 12:10.
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