30th September 2026 (Wednesday)
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Market Commentary
Gain Leveraged Exposure to Hong Kong AI Stocks with 3x Long DLCs

Societe Generale (SG) has launched new 3x Long DLCs on Z.AI (2513.HK), Minimax (100.HK), and GigaDevice Semiconductor (3986.HK) that have started trading on 29 September, alongside a 3x Long DLC on Hua Hong Grace Semiconductor (1347.HK) that will start trading on 7 October.

On top of offering fixed leveraged exposure to these Hong Kong-listed AI-theme stocks, investors can enjoy the benefits of:

✅ Convenience of Trading in SGD

✅ Smaller Minimum Investment Sum

✅ Lower Capital Outlay & Lower Transaction Costs

Ideal for active trading, the DLCs offers both capital and cost efficiency for investors who wish to express their short-term views on the share price of these AI-theme stocks.

Tabled below is a short summary of the 4 stocks and their respective 3x Long DLCs.

Stock

Business Summary

Share Price Performance Since IPO (as of 25 Sept)

Share Price Performance last 3 months (as of 25 Sept)

3x Long DLC

(Stock Code)

Z.AI (2513 HK)

China's leading foundation model developer

+441%

-72%

UWCW

MiniMax (100 HK)

Shanghai-based AI unicorn known for multimodal models and enterprise AI platform services.

+67%

-40%

SQIW

GigaDevice Semiconductor (3986 HK)

China's leading fabless semiconductor company 

+198%

-56%

VWMW

Hua Hong Grace Semiconductor (1347.HK)

China's second-largest pure-play foundry after SMIC which focuses on mature-node manufacturing 

 

-43%

Listing 7 October

 

Investors who are bullish on these underlying stocks can consider the respective new 3x Long DLCs to express their short-term views and amplify their exposure.  There are currently no 3x Short DLCs launched on these 4 HK stocks.

A gentle reminder that these underlying stocks may experience heightened volatility as AI narratives change very quickly. As 3x Long DLCs amplify both gains and losses, investors should exercise appropriate risk management when trading these products.

Visit DLC.SOCGEN.COM to find out more on the latest DLCs launched and for more educational resources.  

5x U.S. MAGNIFICENT 7 DLCs

NEW GOLD & SILVER DLCs

New Issuance
Stock
Code
DLC
Name
Underlying Leverage
Factor
Listing
Date
VWMW GigaDev 3xLongSG280313 GigaDevice Semiconductor Inc 3x 29/09/2026
SQIW Minimax 3xLongSG280313 Minimax Group Inc 3x 29/09/2026
UWCW Z AI 3xLongSG280313 Z AI Co Ltd 3x 29/09/2026
NITW Bilibili 5xLongSG280911 Bilibili Inc. 5x 25/09/2026
JDMW BYD 5xLongSG280911 BYD Company 5x 25/09/2026
ERWW Genting 5xLongSG290306 Genting 5x 25/09/2026
OLUW Micron 5xLongSG280915 Micron Technology Inc 5x 25/09/2026
X7TW Wilmar 5xLongSG290306 Wilmar 5x 25/09/2026
DLCs on this underlying asset is launched for the first time.
  CHECK OUT THE NEWLY LAUNCHED DLCs  
Education
US Stock DLCs: What are the benefits and how does it work?

Click here to watch the video

Top Gainers / Losers
Code Name Bid Change1
(%)
USWW MSFT 3xLongSG261204US$ 0
(0.00%)
NVUW NVDA 3xShortSG261204US$ 0
(0.00%)
YPKW JD 5xLongSG280524 0
(0.00%)
RDCW Seatrium 5xLongSG280223 0
(0.00%)
FXNW STEng 5xLongSG280223 0
(0.00%)
Code Name Bid Change1
(%)
USWW MSFT 3xLongSG261204US$ 0
(0.00%)
NVUW NVDA 3xShortSG261204US$ 0
(0.00%)
YPKW JD 5xLongSG280524 0
(0.00%)
RDCW Seatrium 5xLongSG280223 0
(0.00%)
FXNW STEng 5xLongSG280223 0
(0.00%)
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 29/09/2026
  READ MORE  
Top 10 traded DLCs
Code Name Underlying1
Chg (%)
Bid Change2
(%)
Bid Price Value traded
B00W HSI 3xLongSG280309 0.00% 0
(0.00%)
0.000 1M
9B2W HSTECH 7xShortSG270309 0.00% 0
(0.00%)
0.000 905K
SYHW HSTECH 7xLongSG271216 0.00% 0
(0.00%)
0.000 467K
Y9GW HSTECH 3xShortSG280309 0.00% 0
(0.00%)
0.000 342K
HKRW HSTECH 5xShortSG280330 0.00% 0
(0.00%)
0.000 285K
CVMW HSI 5xLongSG261029 0.00% 0
(0.00%)
0.000 269K
ZOGW HSI 7xLongSG270623 0.00% 0
(0.00%)
0.000 251K
GLJW Singtel 5xShortSG280516 -0.23% 0
(0.00%)
0.000 250K
ZC8W CapInv 5xShortSG270623 0.00% 0
(0.00%)
0.000 247K
XNOW HSTECH 7xShortSG280120 0.00% 0
(0.00%)
0.000 244K
Underlying Chg (%)1: Data calculated based on the percentage change in underlying asset price between 29/09/2026 and 30/09/2026 08:46.
Bid Change (%)2: Change in Current Bid Price with respect to the Last Bid Price from the previous trading day .
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