HSTech sees increased flows on Friday to start off 2026; Spotlight on 7x Long and Short DLCs
Stocks in Hong Kong began 2026 on a positive note as the $HSTECH(HSTECH)$ rose about 4% on Friday (2 Jan), the first trading day of the year, breaking above its short-term resistance near 5,706 in its best day in over a month. Tracking the underlying, the HSTech 7x Long DLC rose about 27%, while the HSTech 7x Short DLC fell a similar magnitude. HSTech-linked DLCs also saw its best flows in over a month, as investors seeked to position themselves tactically to capture the moves in the market.
Leading the advance was $BIDU-SW(09888)$ rallying 9.35% after its AI-chip unit Kunlunxin confidentially filed for a Hong Kong IPO, an announcement that fuelled optimism around China's AI and semiconductor ambitions. The Baidu 5x Long DLC surged about 44%, mirroring the sharp move in the underlying, while the Baidu 5x Short DLC fell by about the same amount.
Sentiment was lifted by stronger-than-expected mainland factory data and expectations that China will meet its 5% growth target, alongside a robust IPO pipeline of over 300 potential listings in the region.
The rally extended across major names: $BABA-W(09988)$ rose 4.34%, $BYD COMPANY(01211)$ by 3.2%, and $POP MART(09992)$ close to 3%, rounding out a strong start to the year for HK equities.
Investors seeking to express bullish or bearish views on these moves can use DLCs to capture directional trends in 2026.
HSTech DLCs: 9B2W, YPCW, FNTW, WYHW, CWUW, HKRW
Baidu DLCs: JVWW, V2UW
AliBaba DLCs: ZVNW, RHDW, XOZW, RUMW
PopMart DLCs: IAUW, FNYW, ZBTW
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.
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.
