- Macquarie has warrants tracking various shares in Singapore and Hong Kong to allow interested investors to gain leveraged exposure to increasingly volatile markets - Warrants with a longer time to expiry tend to experience slower time value erosion – or a lower rate of time decay – than warrants with a shorter time to expiry. Warrant investors who wish to take a longer view over the underlying may consider longer dated warrants to reduce their holding cost of warrants - Read on to find out more about the advantages of longer-dated warrants: https://www.warrants.com.sg/marketnews/highlight/todayhighlight/7891

📉Yesterday, $Seatrium Ltd(5E2.SI)$ shares closed at $1.96, its lowest level since 6 May 2025, adding to its 22% share price loss since April 2026 Seatrium has sharply underperformed, falling 6% over the past year compared to the 33% gain in the benchmark index and 56% surge in peer Keppel According to Bloomberg AskB, Seatrium's price action over the past year has been driven almost entirely by P/E de-rating, not Seatrium's earnings deterioration Seatrium's current 13x forward P/E represents a meaningful discount to Keppel and reflects the market's scepticism on near-term order momentum (Bloomberg) 📢Seatrium provided a first quarter business update two weeks ago on 29 May, reporting a net order book of S$15.5 billion across 24 projects, with deli

🔻 $BABA-W(09988)$ shares declined as much as 6.1% to HKD 106.10 today, and is currently trading 5.74% lower to HKD 107 as of 3PM It is the second worst performing stock on the Hang Seng Index today The stock is hit by a series of headlines: 1)Regulatory summons of various e-commerce platforms from Alibab to JD.com to Douyin and Xiaohongshu over misleading "618" promotions (MT Newswire) 2) Cloud and AI competitiveness concerns: according to Bloomberg, investors are questioning Alibaba's ability to benefit from China's data-center buildout, with concerns specifically around Huawei's competitive position in government-backed projects. This is on top of worries regarding pricing pressure on AI tokens which could erode Alibaba's margins 3) Possible un

SGX has delivered a standout outperformance over the past year, driven by Singapore's broad market reform agenda, share price volatility, and growing IPO interest $SGX(S68.SI)$’s share price is up 64% on a total return basis over the past year, far outperforming the benchmark index’s 32% return It has also outperformed the Singapore banks across the 1-month, 3-month, 6-month and 12-month time horizons (Bloomberg AskB) Macquarie’s trending SGX call warrant $SGX MB eCW260929(NFUW.SI)$ (https://warrants.com.sg/tools/HistoricalPerformance/NFUW) which was listed on 1 April 2026, is up 37.1% to SGD 0.085 since, compared to SGX’s 10.8% gain over the same period There is no trending put warrant tracking SGX

👀See how the warrants move alongside the HSI futures and Tencent share, respectively! ✳HSI call $HSI 28000MBeCW260828(UNMW.SI)$ : https://warrants.com.sg/tools/livematrix/UNMW ✴HSI put $HSI 23000MBePW260828(WZ6W.SI)$ : https://warrants.com.sg/tools/livematrix/WZ6W ✳Tencent call $TencentMBeCW270105(WUHW.SI)$ : https://warrants.com.sg/tools/livematrix/WUHW

See how the warrants move alongside the shares on the Live Matrix! Bilibili call $Bilibili MB eCW261005(JZAW.SI)$ : https://warrants.com.sg/tools/livematrix/JZAW Ping An call $PingAn MB eCW270105(VJEW.SI)$ : https://warrants.com.sg/tools/livematrix/VJEW UOB put: $UOB MB ePW261230(VKGW.SI)$ : https://warrants.com.sg/tools/livematrix/VKGW

$NKY 62000MBeCW260911(V5PW.SI)$ $NKY 55000MBePW260911(YHSW.SI)$

🔴Overnight, the US added Chinese companies including Alibaba, Baidu and BYD to their list of companies that the US administration believes are aiding Beijing's military (Reuters) According to Bloomberg Intelligence, the inclusion of the companies is poised to curtail their ability to expand overseas, particularly in the US, though the development is unlikely to affect near-term earnings 🌪Nevertheless, the latest inclusion signals an escalation in geopolitical tensions that will weigh on sentiment for China's largest listed technology companies The latest announcement comes less than a month after President Donald Trump met China's Xi Jinping on a visit to Beijing, where the two leaders maintained a delicate trade war truce (Reuters) Alibaba is trading 0.8% lower to HKD 117.90, Baidu up 0.3

🆕Macquarie has listed a new call warrant $Geely MB eCW261103(IMOW.SI)$ (https://warrants.com.sg/tools/livematrix/IMOW) tracking $GEELY AUTO(00175)$ shares ✳The warrant is priced at SGD 0.038 while Geely trades at HKD 18.17, and will move approximately 5.3% for a 1% move in Geely shares, based on its effective gearing level of 5.3x this morning as of 925AM ✨At roughly flat year to date (-0.2%), Geely has meaningfully outperformed $BYD COMPANY(01211)$ (-10.8%), Li Auto (-15.7%), Xpeng (-22.8%), and the HSTECH Index (-17.1%), Only $NIO Inc. USD OV(NIO.SI)$ (+4.8%) has done better among this peer group, according to B

See how the warrants move alongside $DBS(D05.SI)$ and $OCBC Bank(O39.SI)$ shares: ✳Call $DBS MB eCW261230(EKSW.SI)$ : https://warrants.com.sg/tools/livematrix/EKSW ✴Put $DBS MB ePW261230(ZPNW.SI)$ : https://warrants.com.sg/tools/livematrix/ZPNW ✳Call $OCBC Bk MB eCW261230(99HW.SI)$ : https://warrants.com.sg/tools/livematrix/99HW

🔻Asian markets are looking on track to end this week on a weaker note, led by a 6.4% tumble in the Korean KOSPI Index and a 2.5% fall in the Nikkei225 futures today as of 915AM ↔The switch from euphoria to gloom this week has been swift Both Korea and Japan indices had skyrocketed to fresh record highs only earlier this week, fueled by the rally in tech and chip names, but are currently on track to surrender all gains to end the week lower The $HSI(HSI)$ which had joined in the broader Asian rally earlier this week, has also quickly backpedalled on its gains, as it lost 3% in the past two days The sharp pullback from fresh record highs is also seen in the US-tech heavy Nasdaq-100, which has retreated 2.2% from its new record high on Wednesday 🌩The

The $Nikkei 225 Index(N225.JP)$ is leading Asia lower this morning with a 2.2% fall in the June futures to 67,045 as of 1030AM, as renewed clashes between the US and Iran led to the most serious flare-up in tensions since the ceasefire went into effect in early April Trending Nikkei put warrant $NKY 55000MBePW260911(YHSW.SI)$ (https://warrants.com.sg/tools/livematrix/YHSW) which saw demand yesterday as the Nikkei225 traded to new record highs above the 68,000 level yesterday, is seeing investors exit from 800K units of YHSW which is up 14% to SGD 0.057 Trending call warrant $NKY 62000MBeCW260911(V5PW.SI)$ (https://warrants.com.sg/tools/livematrix/V5PW) o

See how the warrant moves alongside the $HSI(HSI)$ June futures index, live! $HSI 26800MBeCW260730(XX9W.SI)$ : https://warrants.com.sg/tools/livematrix/XX9W

📈Overnight, the US markets reached yet another record high, driven by continued tech enthusiasm, optimism on the US-Iran war and the earnings season ❓With the S&P500 Index trading at 26x P/E (based on Bloomberg statistics), not far from the 20-year high of 33.3x in the fourth quarter of 2020, one can’t help but wonder, are current valuations of US shares sustainable? ✍Macquarie’s Sales and Trading desk (S&T) discusses this topic in a note published this morning Read on for important disclaimer: This communication has been prepared by Sales and Trading (S&T) Personnel at Macquarie and is not a product of the Macquarie Research Department. For important disclosures relating to this communication, please see: www.macquarie.com/salesandtradingdisclaimer Main points This is the sing

See how the warrants move alongside the $HSI(HSI)$ futures, live: Call $HSI 27600MBeCW260730(55LW.SI)$ : https://www.warrants.com.sg/tools/livematrix/55LW Put $HSI 24200MBePW260730(PNXW.SI)$ : https://www.warrants.com.sg/tools/livematrix/PNXW

✳Call warrants over Tencent ( $TencentMBeCW261005(IGYW.SI)$ ) and Meituan ( $Meituan MB eCW261103(TWWW.SI)$ & $Meituan MB eCW260804(YWQW.SI)$ ) have gained as much as 267% today as of 230PM, as the stocks respectively rally 9.4% and 8.5% as of 230PM There are no put warrants available over these names 1⃣ $TENCENT(00700)$ : gaining as much as 9.9% today, this is the stock's biggest gain in more than three years after reports said that the company was testing a prototype AI agent within its WeChat app which boasts 1.4 billion active users Today's rally has given the stock a much-needed lift after it lost 27.2