Hong Kong stocks broadly rebounded on Monday (29 June), following last week’s market-wide selloff.
The broad strength helped lift the $HSTECH(HSTECH)$ by 3.68% in the morning. In line with the move, the HSTECH 7x Long DLC surged around 26%, while the HSTECH 7x Short DLC declined by a similar magnitude.
Among DLC-covered underlyings, $BIDU-SW(09888)$ was one of the top gainers, rising 7.14%% after reports emerged that its AI chip unit, Kunlunxin, is considering a Hong Kong IPO.
Amplifying the move, the Baidu 5x Long DLC surged 35%, while the Baidu 5x Short DLC sank a similar magnitude.
Other tech-related names also traded higher, with $BILIBILI-W(09626)$ gaining 8.26%, $MEITUAN-W(03690)$ 7.47%, and $BABA-W(09988)$ advancing 6.15%.
Investors who view Monday’s rebound as the beginning of a broader recovery may consider Long DLCs for up to 7x leveraged exposure to Hong Kong indices and single stocks.
Conversely, investors who believe the rally may be short-lived may consider the Short DLCs for inverse exposure to potential downside in Hong Kong indices and single stocks
See the full list of DLCs on dlc.socgen.com
This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.
Comments