🎉 📣 📈 Top movers alert: Li Ning and JD.com +7% and 5% respectively

🛒 Sports apparel retailer Li Ning is up 6.9% to HKD 14 as of 104PM. The stock had been up 7% last Friday morning, after reporting first half earnings that beat estimates, before giving up all gains to be down -0.8% at last Friday's close. It appears that the bulls are attempting to take the stock back up to last Friday's highs. Following Li Ning's stock move, this morning's newly listed Li Ning call warrant LiNing MBeCW250703 (KUSW) which opened at SGD 0.030, is currently up 23.3% to SGD 0.037.

👟 Meanwhile, JD.com shares are also rallying another 5.3% as of HKD113.60 as of 104PM on the back of earnings that surpassed expectations. We ran a post last Friday covering the earnings higlight of JD.com shares - it appears that JD's most profitable quarter yet, continues to provide postitve mometum to JD.com shares, which has gained 14.3% in two days. Trending JD call warrant JD MB eCW250103 (RYOW) is up 100% to SGD 0.042 over the past two days since 15 August 2024, while trending put warrant JD MB ePW241203 (MGCW) is down 47.2% to SGD 0.028 during this period

🔎 Investors keen to trade the continued volatility in Li Ning and JD shares may wish to consider using warrants which are making magnified moves relative to the underlying shares, whilst costing a fraction of the underlying shares.

See how the warrants move alongside the underlying shares on their Live Matrix