Asian markets on the move
• The Hong Kong market traded higher this morning, led by gains in HSBC which is slated to report its earnings later in the day. However, the market is on track to clock a second straight month of losses after the latest economic data showed China’s manufacturing activity contracted in July (South China Morning Post, 31 July). The HSI and HSTECH futures rallied 1.5% and 2.6%, respectively.
📈 Calls HSI-CXB and HSI-CXJ surged 19.2% and 40.0%, respectively while puts HSI-HWB and HSI-HU5 tumbled 20.7% and 21.4%, respectively. View the live matrix for the HSI and HSTECH focus warrants here.
• Hong Kong stocks posted strong gains as well, with NIO rallying 5.5% to HKD35.50 and Ping An Insurance jumping 2.0% to HKD33.94. Correspondingly, the calls NIO-C10 gained 15.8% and PINGAN-C22 rose 13.6%.
💥 Investors who are keen to gain leveraged exposure to Hong Kong stocks may also consider the call and put warrants available over counters such as NIO, Ping An, Alibaba, Tencent and more. View their live matrix here.
• The Bank of Japan is due for an interest rate announcement this morning, with many speculating that a potential tightening by the Japanese central bank may end up particularly impactful. The Nikkei 225 Index (Nikkei) opened lower but has rebounded and is currently hovering at the 38,300 level.
📈 Our Nikkei put warrants gained this morning, with NIKKEI-HA surging over 16%, followed by NIKKEI-HC and NIKKEI-HB which gained 9.9% and 8.0% respectively. View the live matrix for the focus NIKKEI warrants here.
• Gold prices moved higher as investors remained optimistic that the Fed could provide some indication on September rate cuts at the end of the policy meeting this week (Reuters, 31 Jul). The SPDR® Gold Trust (GLDHK; 2840 HK) is up 0.75% to HKD1,739 as of the time of writing. Accordingly, the newly listed call warrant GLDHK-C3 is up 11.1% today. The GLDHK is an exchange traded fund (ETF) with shares listed on the Hong Kong exchange. It is designed to reflect the price performance of the gold bullion as it tracks the LBMA Gold Price PM. View GLDHK-C3's live matrix here.
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Macquarie Warrants Malaysia official account
Macquarie, a leading warrant issuer in Asia, provides state-of-the-art market making, education on warrants, and an array of tools for warrant traders. Macquarie Warrants Malaysia issues and market makes structured warrants listed on Bursa Malaysia. The content on this channel has not been reviewed by the Securities Commission Malaysia | Contact: 03-20598840 | Disclaimer : bit.ly/MQdisclaimer
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