- UBS launched DLCs on SGX on 15 February, 2022
- The 10 Long and Short DLCs offer 5x or 7x the daily performance of underling assets
- Underlyings include Hang Seng Index, Tencent, Alibaba, Meituan and BYD
Hong Kong/Singapore, 15 February 2022 – UBS today announced the inaugural launch of Daily Leverage Certificates (DLCs) on the Singapore Exchange (SGX). Trading is commencing on 10 long and short DLCs, which provide investors with seven times the daily performance of the Hang Seng Index or five times that of single stocks – namely Tencent, Alibaba, Meituan and BYD.
“At UBS, we are reimagining the power of investing by expanding our ecosystem where we see positive and sustained investment opportunities. The debut of UBS DLCs on the SGX allows us to offer even more structured product choices to investors and better match their needs,” noted Winni Cheuk, Head of Sales, Public Distribution for APAC at UBS.
DLCs are structured financial instruments that offer sophisticated investors a fixed daily leveraged exposure of up to seven times of the daily performance of an underlying asset (either market indices or single stocks). They are also flexible, allowing investors to potentially benefit from both bullish and bearish views. The exchange-traded leveraged financial instrument was first introduced in Europe, and has been introduced to Asia by the SGX. It is gaining popularity among investors.
“We spotted quite a lot of volatility in the underlying Hong Kong stock names recently, and believe now is a good time to launch DLCs. This market environment allows investors who hold either a bullish or bearish view to gain more exposure with less required capital and a fixed daily leverage,“ added Winni.
As the Top Issuer of Listed Structured Products in HK1 and having been ranked top in sales for both warrants and CBBCs in Hong Kong1 in 2021, UBS is well positioned to be a leading issuer and to offer professional advice for sophisticated investors.
To provide investors with a better understanding on the investment opportunities of DLCs, UBS has created an easy-to-read DLC 101, a series of short videos, information about the top 5 DLCs gainers and losers, as well as hotline details in its UBS DLC website: https://dlc.ubs.com/
The 10 DLCs trading on the SGX are:
The 10 DLCs trading on the SGX are:
UBS Index DLCs
UBS Index DLCs
DLC Stock Code | DLC Stock Code | Underlying Index | Underlying Index | Leverage Factor | Leverage Factor | Type | Type | Expiry Date | Expiry Date |
---|---|---|---|---|---|---|---|---|---|
DLC Stock Code | KNXW | Underlying Index | Hang Seng Index | Leverage Factor | 7x | Type | Long | Expiry Date | 12/31/2024 |
DLC Stock Code | HOHW | Underlying Index | Hang Seng Index | Leverage Factor | 7x | Type | Short | Expiry Date | 12/31/2024 |
UBS Single Stock DLCs
UBS Single Stock DLCs
DLC Stock Code | DLC Stock Code | Underlying Hong Kong Stock | Underlying Hong Kong Stock | Leverage Factor | Leverage Factor | Type | Type | Expiry Date | Expiry Date |
---|---|---|---|---|---|---|---|---|---|
DLC Stock Code | TSGW | Underlying Hong Kong Stock | Tencent (0700.HK) | Leverage Factor | 5x | Type | Long | Expiry Date | 12/31/2024 |
DLC Stock Code | TYTW | Underlying Hong Kong Stock | Tencent (0700.HK) | Leverage Factor | 5x | Type | Short | Expiry Date | 12/31/2024 |
DLC Stock Code | LQRW | Underlying Hong Kong Stock | Meituan-W (3690.HK) | Leverage Factor | 5x | Type | Long | Expiry Date | 12/31/2024 |
DLC Stock Code | HMMW | Underlying Hong Kong Stock | Meituan-W (3690.HK) | Leverage Factor | 5x | Type | Short | Expiry Date | 12/31/2024 |
DLC Stock Code | WA9W | Underlying Hong Kong Stock | Alibaba (9988.HK) | Leverage Factor | 5x | Type | Long | Expiry Date | 12/31/2024 |
DLC Stock Code | JQYW | Underlying Hong Kong Stock | Alibaba (9988.HK) | Leverage Factor | 5x | Type | Short | Expiry Date | 12/31/2024 |
DLC Stock Code | QFYW | Underlying Hong Kong Stock | BYD (1211.HK) | Leverage Factor | 5x | Type | Long | Expiry Date | 12/31/2024 |
DLC Stock Code | VJLW | Underlying Hong Kong Stock | BYD (1211.HK) | Leverage Factor | 5x | Type | Short | Expiry Date | 12/31/2024 |
For more about investing in DLCs, please visit https://dlc.ubs.com/
Ends
Notes for editors
Notes for editors
About UBS
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS is the largest truly global wealth manager, and a leading personal and corporate bank in Switzerland, with a large-scale and diversified global asset manager and a focused investment bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.
UBS is present in all major financial centers worldwide. It has offices in more than 50 regions and locations, with about 30% of its employees working in the Americas, 30% in Switzerland, 19% in the rest of Europe, the Middle East and Africa and 21% in Asia Pacific. UBS Group AG employs more than 72,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
Media contact
Angel Yeung:
+852 2971 6884 / +852 97250297
angel.yeung@ubs.com
Richard Morrow:
+852 2971 6718 / +852 9047 5749
richard.morrow@ubs.com