HSTECH rises over 3% as Alibaba, SMIC rebound on AI optimism; Focus on 7x Long and Short HSTECH

SG DLC News
09-07

$HSTECH(HSTECH)$ fell as much as 1% in early morning trading on Monday (7 September), pulling back after its 2.3% rally on Friday (4 September).

Correspondingly, the HSTECH 7x Short DLC (9B2W) rose by as much as 7%, while the HSTECH 7x Long DLC (SYHW) fell a similar magnitude.

$BIDU-W(09888)$ led the decline, falling approximately 6% as of 10am Singapore time. Amplifying the move, the Baidu 5x Short DLC (V2UW) climbed about 30%, while the Baidu 5x Long DLC (HVYW) fell a similar magnitude.

Automobile stocks were also among the decliners, including $XIAOMI-W(01810)$ (-4%), $BYD COMPANY(01211)$ (-2%) and XPeng (-2%).

Meanwhile, chip stocks mostly traded higher. $SMIC(00981)$ rose around 1%, which lifted the SMIC 5x Long DLC (WWZW) by ~5%, while the SMIC 5x Short DLC (9DFW) fell around the same magnitude. 

Listed on the SGX, DLCs offer investors up to 7x leveraged and inverse exposure to a wide range of selected Hong Kong, US, and Singapore stocks and indices.

Investors who are bullish can consider the Long DLCs, while those who are bearish can look to the Short DLCs to benefit from any price decline.

View the full list of DLCs here

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.

SanDisk Drops on Its S&P 100 Inclusion Date — Is Memory Shifting Gears?
The S&P 100 rebalance took effect Sept 21, and SanDisk fell 1.41% to $1,766.64 — after a 10.99% jump the prior session, when index funds finished buying. The rest of the memory sector rose: Micron +2.77% to $1,043.96, SK Hynix +0.73% to $188.86. With the index bid spent, the sector trades on product pricing again. Bulls say the thesis is intact — capacity and prices stay tight, as Micron and SK Hynix show. Bears say SanDisk's index-driven leg had no earnings behind it and now needs a fundamental anchor from an elevated base. Same day, opposite moves — whose signal do you trust?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • dimzy
    09-07
    dimzy
    Watch the spread on these 7x DLCs too. When liquidity thins, the bid ask can get ugly and exits feel way harder than the headline move
  • fuddie
    09-07
    fuddie
    AI optimism feels a bit overheated. SMIC up 1% while pushing 5x products is exactly how people get buried, volume needs to confirm first
Leave a comment
2