Wall Street ended higher on Friday as investors digested the December jobs report. Nonfarm payrolls increased by 50,000, missing expectations, while the unemployment rate edged down to 4.4%, signalling a steady but slow-growing labour market. The $S&P 500(.SPX)$ gained 0.6%, and the $Dow Jones(.DJI)$ rose 0.5%, both hitting new record highs. The $NASDAQ 100(NDX)$ advanced 1.02%, closing just below its October 29 record of 26,119, a key resistance level. A decisive break above this level could open the door for further upside momentum, while failure to clear it may trigger short-term consolidation. Chipmakers led gains, with

For period 1 January to 7 January 2026: The top gainer this week is $Kuaisho 5xLongSG261217(VLLW.SI)$ , boosted by $KUAISHOU-W(01024)$ 's 11% surge on Monday as news surfaced that its Kling AI app was the top-grossing graphics and design app on iPhones in South Korea and Russia, and top 10 in other major markets such as the US and UK. The stock posted a 15.32% gain over 1 Jan 2025 to 7 Jan 2025 and has risen +88% in value over the past year, with its chief technologist working to build a content platform to AI-first video. The company has amassed 60m users, and sales are accelerating as it builds more brand recognition beyond China. 📊 Top 5 Performers (3 Stocks + 2 Indices) Kuaisho 5xLongSG261217 (VLL

The $HSTECH(HSTECH)$ continued its strong performance to begin the year, having risen 5.08% so far year-to-date. The $HSTECH 7xLongSG270331(YPCW.SI)$ is up roughly 10% for the year, while the corresponding $HSTECH 7xShortSG270309(9B2W.SI)$ has declined by a similar magnitude. Momentum has been driven by positive developments in China's AI sector, with significant gains in tech stocks. $KUAISHOU-W(01024)$ surged 11.09% on Monday (5 Jan), but rose as much as close to 14% intraday, on news of overseas traction for its AI video generator Kling. Reflecting this, the $Kuaisho

Stocks in Hong Kong began 2026 on a positive note as the $HSTECH(HSTECH)$ rose about 4% on Friday (2 Jan), the first trading day of the year, breaking above its short-term resistance near 5,706 in its best day in over a month. Tracking the underlying, the HSTech 7x Long DLC rose about 27%, while the HSTech 7x Short DLC fell a similar magnitude. HSTech-linked DLCs also saw its best flows in over a month, as investors seeked to position themselves tactically to capture the moves in the market. Leading the advance was $BIDU-SW(09888)$ rallying 9.35% after its AI-chip unit Kunlunxin confidentially filed for a Hong Kong IPO, an announcement that fuelled optimism around China's AI and semiconductor ambitions

$BABA-W(09988)$ closed up 3.63% on Tuesday (13 Jan) but was up as much as 6.29% during the day following reports that China's State Council launched an antitrust probe into the food delivery sector to regulate competition and delivering hope that the price war is ending. Alibaba DLCs were amongst the top movers on 13 Jan with $Alibaba 5xLongSG270712(ZVNW.SI)$ gaining +18% for the day, while the $Alibaba 5xShortSG270907(RHDW.SI)$ suffered losses of the same magnitude. Alibaba shares were further supported by China's announcement that the government will accelerate AI adoption in manufacturing, with markets viewing Alibaba as a key beneficiary of this policy