US equities extended their rally on Wednesday (15 April), with the tech-heavy $NASDAQ 100(NDX)$ benchmark rising 1.4% to fresh intraday and closing highs, while the $S&P 500(.SPX)$ gained 0.8% to close above 7,000 for the first time. The Nasdaq-100’s move marked an 11-session winning streak, highlighting the persistence of the latest tech-led rebound. Reflecting the move, the Nasdaq 7x Long DLC rose close to 10%, while the Nasdaq 7x Short DLC fell by a similar magnitude. Over the 11-session run, the NDX benchmark has advanced more than 14%, with the Nasdaq 7x Long DLC up 131% over the same stretch. The S&P 500 also broke above the psychologically important 7,000 threshold, gaining 0.8% to lift the

Wall Street rallied on Tuesday with the $NASDAQ 100(NDX)$ and $S&P 500(.SPX)$ both gaining over 1% to re-approach their record highs. Risk sentiment improved amid easing geopolitical concerns, while market attention increasingly shifted toward the upcoming earnings season. The Nasdaq-100 advanced 1.8% to mark its longest winning streak since 2021. Amplifying the return, the Nasdaq 7x Long DLC surged more than 12%, with the corresponding Nasdaq 7x Short DLC falling a similar magnitude. Among the biggest movers in the US market covered by the DLCs included $Micron Technology(MU)$ , which rose 9%, sending the Micron 3x Long DLC up 27% on a US market close-to-close

Chinese Automobile stocks rose in early trading on Monday (13 April), bucking the wider market trend after data released by the China Association of Automobile Manufacturers (CAAM) showed that automobile exports surged 56.7% YoY in Q1. $NIO-SW(09866)$ led gains in the sector, rising 6.6% in morning trade on strong ES9 pre-orders. Amplifying the return, the NIO 5x Long DLC surged 33%. There is currently no Short DLC on NIO listed for trading. Other automobile-related counters similarly rose, with $BYD COMPANY(01211)$ up more than 5.6%, sending the BYD 5x Long DLC up about 28%, and the BYD 5x Short DLC declined by similar magnitude. $XPENG-W(09868)$ ,

US equities rallied post-market following news of the ceasefire agreement between the US and Iran, with $NASDAQ 100(NDX)$ futures rising sharply by around 3%. In line with the move in the underlying index, the Nasdaq 7x Long DLC climbed about 21%, while the Nasdaq 7x Short DLC fell by roughly the same magnitude. Asian markets followed suit at the open on Wednesday (8 April), with the $HSI(HSI)$ rising close to 3%.  Amplifying the move, the HSI 7x Long DLC gained more than 20%, while the HSI 7x Short DLC declining a similar magnitude. Meanwhile, the tech-heavy $HSTECH(HSTECH)$ climbed more than 4% in early trade, driving the HSTECH 7x Long DLC up by over 28%.

6 new Long DLCs on $HSTECH(HSTECH)$ , $KUAISHOU-W(01024)$ , $BILIBILI-W(09626)$ , $SMIC(00981)$ , $SUNNY OPTICAL(02382)$ , and Ganfeng Lithium started trading today 1 April. These new DLCs are generally issued at a higher price which allows for a greater sensitivity to the underlying index or stock movement. Overly-low price DLCs tend to be insensitive as they require a larger movement on the underlying index/stock to move one minimum bid size (tick). Whereas, higher-price DLCs generally offer greater sensitivity, requiring a smaller movement on the underlying index/stock

$BYD COMPANY(01211)$ released its earnings on Friday (27 March), reporting a 19% drop in profits — its first annual decline in four years as China’s ongoing EV price war continues to compress margins. Strong competition among domestic EV makers and tighter regulatory oversight have further pressured the world’s largest EV manufacturer. BYD shares initially fell as much as 5% at the open on Monday (30 March), lifting the BYD 5x Short DLC up +25% while the BYD 5x Long DLC fell by a similar magnitude. Shortly after, BYD rebounded sharply and pared losses and is currently up 0.09% as of morning session close. While the BYD 5x Short DLC gave up almost of its gains, the BYD 5x Long DLC gained around 21% from the morning low of S$0.43 to close at S$0.52

Asia markets opened sharply lower on Monday (23 March) as geopolitical tensions escalated after the US issued Iran a 48-hour ultimatum to reopen the Strait of Hormuz, with Tehran threatening to shut the waterway indefinitely and target regional energy infrastructure in response. Hong Kong stocks mostly sank in morning trading, with the $HSI(HSI)$ down 3.46% during the session. Amplifying the move, the HSI 7x Short DLC rose about 24%, while the HSI 7x Long DLC fell by a similar magnitude. The $HSTECH(HSTECH)$ Index, meanwhile, was down about 3.1%, translating into a close to 22% rise for the HSTECH 7x Short DLC, while the HSTECH 7x Long DLC fell by a similar magnitude. Singapore markets also opened on the