27th October 2025 (Monday)
[Click here for DLC product list]
Market Commentary
AMD 3x Long DLC Gained +30%

Hang Seng Index opened more than 1% higher today (27 Oct) as China’s top negotiator noted that some common grounds were reached with the US on a variety of trade topics over the weekend meeting between the two countries. 

Meanwhile, the US market continued to rally as the lower-than-expected CPI data last Friday prompted the market to bet on a more aggressive rate cut from the Fed.

All 3 US major stock indices closed at new all-time-high, with more than 1% gain from Nasdaq-100 Index (NDX) and Dow Jones Industrial Average Index (DJI). With the relief of tensions between US and China, the 3 indices futures continued to open higher this morning.

On DLC side, as Advanced Micro Devices (AMD) broke out from its recent ascending triangle consolidation and broke out with more than 7.6% rise last Friday, followed by a further 3.5% gain during Asian hours today. The newly listed AMD 3x Long DLC gained about 30% this morning, while the AMD 3x Short DLC declined by similar magnitude.

As eyes are on the upcoming meeting between presidents of US and China this week, investors can magnify their exposure on US and HK stocks and Indices by considering long DLCs for their bullish view and short DLCs for their bearish view.

Visit here for the full list of DLCs.

KGZW
AMD 3xShortSG280420
AMD 3x Short
Last Price1
3.520 -1.36
(-27.87%)
Last Update: 27/10/2025 13:33
 
Z4WW
AMD 3xLongSG280420
AMD 3x Long
Last Price1
6.810 +1.53
(+28.92%)
Last Update: 27/10/2025 13:33
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
Z4WW AMD 3xLongSG280420 Advanced Micro Devices, Inc. 3x 24/10/2025
KGZW AMD 3xShortSG280420 Advanced Micro Devices, Inc. -3x 24/10/2025
Z8TW AVGO 3xLongSG280420 Broadcom Inc. 3x 24/10/2025
9FOW AVGO 3xShortSG280420 Broadcom Inc. -3x 24/10/2025
QHTW NIO 5xLongSG271021 NIO Inc. 5x 24/10/2025
ZSHW Zijin 5xLongSG271021 Zijin Mining Group Company Limited 5x 24/10/2025
54XW Zijin 5xShortSG271021 Zijin Mining Group Company Limited -5x 24/10/2025
DLCs on this underlying asset is launched for the first time.
  CHECK OUT THE NEWLY LAUNCHED DLCs  
Education
How to select the right DLC for your target exposure?

Click here to watch the video

Top Gainers / Losers
Code Name Bid Change1
(%)
JVWW Baidu 5xLongSG261027 +0.455
(+29.45%)
Z4WW AMD 3xLongSG280420 +1.53
(+28.92%)
JSKW SMIC 5xLongSG270316 +0.14
(+18.92%)
ZVNW Alibaba 5xLongSG270712 +0.52
(+16.15%)
DKPW Alibaba 5xLongSG251113 +0.045
(+15.25%)
Code Name Bid Change1
(%)
V2UW Baidu 5xShortSG270930 -0.555
(-28.39%)
WC5W Baidu 5xShortSG261223 -0.007
(-28.00%)
KGZW AMD 3xShortSG280420 -1.36
(-27.87%)
ZAXW SMIC 5xShortSG270930 -0.32
(-19.51%)
RHDW Alibaba 5xShortSG270907 -0.03
(-15.00%)
Bid Change (%)1: Change in Current Bid Price with respect to the Last Bid Price from the previous trading day.
Intinsic Closing Value: Last updated on 24/10/2025
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Top 10 traded DLCs
Code Name Underlying1
Chg (%)
Bid Change2
(%)
Bid Price Value traded
CVMW HSI 5xLongSG261029 +0.99% +0.095
(+5.56%)
1.800 1M
LZJW HSI 7xShortSG270729 +0.99% -0.065
(-8.50%)
0.700 947K
B00W HSI 3xLongSG280309 +0.99% +0.05
(+3.01%)
1.705 716K
CVSW HSCEI 7xShortSG280406 +1.08% -0.2
(-9.39%)
1.935 536K
CWUW HSTECH 5xLongSG261029 +1.74% +0.03
(+7.79%)
0.415 493K
ECSW HSI 7xLongSG251218 +0.99% +0.09
(+8.00%)
1.210 481K
HKRW HSTECH 5xShortSG280330 +1.74% -0.17
(-9.44%)
1.635 402K
Y9GW HSTECH 3xShortSG280309 +1.74% -0.05
(-6.17%)
0.765 399K
FNTW HSTECH 7xShortSG270729 +1.74% -0.055
(-14.29%)
0.335 398K
9B2W HSTECH 7xShortSG270309 +1.74% -0.017
(-13.08%)
0.114 365K
Underlying Chg (%)1: Data calculated based on the percentage change in underlying asset price between 24/10/2025 and 27/10/2025 13:33.
Bid Change (%)2: Change in Current Bid Price with respect to the Last Bid Price from the previous trading day .
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