02/06/2026
Top movers alert: Calls over Tencent and Meituan jump between 100% to 267%
✳Call warrants over Tencent (IGYW) and Meituan (TWWW & YWQW) 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
1⃣Tencent: 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% year to date prior to today's move
2⃣Meituan: today's share price jump takes its 2-day gain to 15% after the company reported a better than expected first quarter revenue growth of 91.04 billion yuan
The operating loss in Core Local Commerce (CLC) narrowed to Rmb 2 billion, from Rmb10 billion in 4Q25, mainly due to improved unit economics for quick commerce as competition eased
Analysts are now expecting the company to return to positive trajectory in its quick commerce units
The stock had traded an a new 28-month low of HKD 73.30 last Thursday, ahead of its results release
👨🏫We previously published the technical views of Meituan provided by CGSi chart analyst Chua Wei Ren on 9 April, where he shared the key support and resistance levels to look out for: https://macq.co/6189B8cYRf
02/06/2026
Singapore banks – April 2026, ~8% loan growth
💫Two out of the three Singapore banks – DBS and OCBC – have climbed to fresh record highs following the announcement of record or near-record income in FY2025 despite the declining rates environment
🔥Both stocks have jumped more than 15% in the past 12 weeks, leading their respective call warrants to spike more than 100% while put warrants tracking both names are amongst the top losers table with losses of 87.5% to 99.1%
The Monetary Authority of Singapore (MAS) released the latest loan data—providing insights into the state of the Singapore banking sector—on Friday, 29 May 2026: (https://macq.co/6182B8cp6a)
Macquarie Research (MQ) highlights the essence of the loan data and reiterate their preference of the stocks within the sector
Read more for the full article containing excerpts of MQ’s report published on 1 June 2026, as well as important disclaimers: https://macq.co/6183B8cp6x
28/05/2026
Catch the replay on today’s One Good Trade Live Show “The STI Is Strong… But This Stock Looks Even Stronger”
️📽 Did you miss out on this morning’s One Good Trade live show with SGXAcademy trainer Joey Choy?
📺 The replay is now up! https://macq.co/6185B8kl2S
The warrants mentioned on the show were:
SGX call NFUW: https://macq.co/6186B8kl2s
City Dev call TPWW: https://macq.co/6187B8kl2t
🔧Warrant tools mentioned to simulate warrant returns over time:
Historical Performance: https://macq.co/6188B8kl2Q
Warrant Selector: https://macq.co/6189B8kl2v
Exposure Simulator: https://macq.co/6180B8kl2a
Live Matrix: https://macq.co/6181B8kl2x
* This show is sponsored by Macquarie Warrants Singapore and the views ofspeaker Joey do not represent that of Macquarie’s.
28/05/2026
Top movers alert: Call warrants over Nio, SATs and City Dev dominate top gainers table
Top movers alert: Call warrants over Nio, SATs and City Dev dominate top gainers table
🔝This morning, call warrants tracking the Singapore shares of SATs, City Dev and Nio SIngapore are dominating the top movers table with gains as much as 100% as of 917AM
1⃣Nio Singapore: the shares are trading 7.1% higher to USD 5.74 as of 950AM after the company launched its flagship ES9 SUV yesterday with prices as low as 390,000 yuan (USD57,470) when paying for battery power on a separate, monthly basis
According to Nio, the SUV is the largest in China
The company had reported strong first quarter results last Wednesday, revenue of 25.53 billion yuan ($3.70B), up 112.2% YoY and above the $3.55B consensus estimate
Nio's share price however, sold off sharply post earnings, declining 6% in three days
Nonetheless, today's rebound has completely erased its post earnings share price loss
2⃣City Dev: with another 3.8% gain this morning to $8.55, City Dev shares are now up 9% over the past seven trading sessions while trending City Dev warrant TPWW (https://macq.co/6189B8kr1V) is more than 8 times higher over the same period with a 81.2% surge to $0.029
City Dev had gained 5% last Tuesday after the company announcement that Kwek Leng Peck would rejoin the board as Vice Chairman and non-executive director from 1 June, nearly six years after resigning over disagreements related to City Dev's investment in a Chinese property group and management of its British hotel arm (The Business Times)
Some analysts have noted that Kwek's return comes at a pivotal time as the company evaluates capital allocation, and its longer-term strategy, and have upgraded their ratings on the stock
Investors interested in the technical levels on City Dev may wish to check out our 21 May article on CGSi technical analyst Chua Wei Ren's bullish view on City Dev shares (https://macq.co/6180B8kr1n)
SATS: the share price is on a 5-day winning streak, delivering a stellar 17% return over the past five days to trade at $3.79 as of 1005AM
Trending SATS call MPEW (https://macq.co/6181B8kr1X) has gained 175% over the same period, more than ten times the rise in the share price
The recent gains are mostly driven by its results announcement after-market on 25 May, as full year revenue rose to a record high of $6.35 billion, beating the $6.15 billion consensus estimates
Its management reaffirmed its FY2029 targets of S$8 billion in revenue and a 20% EBITDA margin. CEO Kerry Mok indicated that if spare cash is available after ordinary dividends and capex, SATS may issue a special dividend or conduct a share buyback (The Business Times)
28/05/2026
🕘Macquarie’s index warrants track the underlying index futures. In this case, our HSI warrants track the HSI index futures during the Singapore trading hours of 915AM to 428pm, while the SIMSCI warrants track the SIMSCI index futures listed on the SGX from 9AM to 458PM. The SIMSCI live futures can be seen on our home page: https://macq.co/6180B8kHro
🗓As we near the end of May, our warrants will start tracking the June 2026 HSI/SIMSCI futures contracts starting today. See how the HSI/SIMSCI warrants move alongside their respective futures contract by clicking on their Live Matrices: https://macq.co/6181B8kHrU
28/05/2026
See you on the 1030AM One Good Trade Live Show: The STI Is Strong… But This Stock Looks Even Stronger
One Good Trade Live Show this Thu 28 May 1030AM: The STI Is Strong… But This Stock Looks Even Stronger
Markets remain volatile. Oil prices are elevated. Global uncertainty is still high. Yet amidst all the noise, one Singapore stock continues to quietly push higher… flashing yet another bullish signal along the way.
In this upcoming One Good Trade Live Show, SGX Academy Trainer Joey Choy will look back at his previously discussed “One Good Trade” SGX, as well as analyse a NEW Singapore stock . Head of Macquarie Singapore Warrants Jamie Chung will talk about how one can use warrants to trade Joey’s key technical levels on the shares.
Tune in to the show this Thursday here!
YouTube Live: https://macq.co/6184B8raMe
Facebook Live: https://macq.co/6188B8raMi
*This show is sponsored by Macquarie Warrants Singapore and the views of Joey do not represent that of Macquarie’s.
26/05/2026
Joey Choy: UOB approaches a key decision point
After undergoing a period of consolidation and pull-back earlier this year, momentum in UOB shares has started to strengthen again, supported by the stock reclaiming the key $37.00 level, which is now acting as a near-term support zone – according to SGX Academy Trainer Joey Choy. He believes attention is now shifting toward the key $39.00 resistance level, which represents the previous high and an important psychological barrier for the stock. Read on for his explanation, as well as a commentary on how one can use UOB call and/or put warrants to trade his view: https://macq.co/6183B8rF4z
*Joey’s view does not represent that of Macquarie’s
26/05/2026
One Good Trade Live Show this Thu 28 May 1030AM: The STI Is Strong… But This Stock Looks Even Stronger
Markets remain volatile. Oil prices are elevated. Global uncertainty is still high. Yet amidst all the noise, one Singapore stock continues to quietly push higher… flashing yet another bullish signal along the way.
In this upcoming One Good Trade Live Show, SGX Academy Trainer Joey Choy will look back at his previously discussed “One Good Trade” SGX, as well as analyse a NEW Singapore stock . Head of Macquarie Singapore Warrants Jamie Chung will talk about how one can use warrants to trade Joey’s key technical levels on the shares.
Tune in to the show this Thursday here!
YouTube Live: https://macq.co/6184B8raMe
Facebook Live: https://macq.co/6188B8raMi
*This show is sponsored by Macquarie Warrants Singapore and the views of Joey do not represent that of Macquarie’s.
26/05/2026
New call warrants tracking underperformers Meituan and HSI
🆕There are new call warrants available over Meituan and the Hang Seng Index (HSI) from this morning
Both are underperforming names
🐌The HSI which is flat year-to-date (YTD), lags the performance of other developed markets such as the Nikkei225 (+29.2% YTD), Straits Times Index (+9.1% YTD) as well as the S&P500 (+9.2% YTD)
Technically, the HSI is currently trading below its 20-day and 50-day moving averages
According to Bloomberg AskB, the near-term bias for HSI remains cautious and requires a catalyst to reclaim the MA cluster around 26,025–26,056
The potential Huawei chip breakthrough could provide a near-term lift to the index, with a sustained break above 26,600 would be the first constructive signal for a renewed recovery leg
Meituan, an index constituent on the HSI, is one of the main drags on the index following a 21.3% YTD loss and current sits as 10th worst performing index stock
The stock dropped below the HKD 100 range from 19 January to trade below HKD 80 in early March, before staging a recovery to the HKD 80–90 range through April and into May
🆕The stock is currently trading 5% lower to HKD 77.35 as of 945AM this morning
Amongst the recent company developments, Meituan reportedly proposed an acquisition of South Korean food delivery platform Baedal Minjok, according to Korean news agency Chosun Ilbo on 22 May
👀See how the newly listed call warrants move alongside their respective underlyings:
✳Meituan call TWWW: https://macq.co/6184B8rQUe
✳HSI call 9BBW: https://macq.co/6185B8rQU5
25/05/2026
Today's new listings tracking Nasdaq, S&P500 and OCBC
Nasdaq call EFKW: https://macq.co/6188B8PRdj
S&P call TDRW: https://macq.co/6189B8PRdd
OCBC Put 8E3W: https://macq.co/6180B8PRde