TradePlus ETF
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Official Telegram channel for TradePlus by Affin Hwang AM.

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Tech stocks inching higher

Technology related stocks took a beating last year after investors shifted focus on the back of rising bond yields. However, the tides have turned, and with the reassurance from the Feds of no major surprises in terms of rate hikes, tech stocks have started to rev their engines to ready themselves for the race.

The NYSE FANG+ Index jumped 1.5% higher in USD terms yesterday as all 10 of its underlying stocks ended the day stronger. Performance was led by beaten down China-based Alibaba, and Baidu which gained 3.0%, and 2.9% respectively in USD terms yesterday.

The TradePlus NYSE FANG+ Daily (2x) Leveraged Tracker, which aims to provide 2X the daily performance of the index leaped 2.7% yesterday (in MYR terms) on the back of the better showing of the index. The ETF, which currently trades on Bursa’s Main Market under the stock code 0830EA, ended the day at a NAV of RM 15.3290 per unit.

Learn more about how you can easily gain access to these 10 US-listed tech giants with your Bursa CDS account here: https://bit.ly/FANGETF
TradePlus ETFs bounce back

After suffering major headwinds in 2021, China stocks are coming back with a bang. Easing regulatory concerns have led to a strong price rebound for tech giants Alibaba, Baidu, and JD.com.

The latest report indicating a lower inflation trend in the world’s 2nd largest economy have analysts anticipating a loosening monetary policy. This has led to rising investors’ optimism on risk assets as the possibility of interest rate cuts increase.

This bounce back has led to TradePlus S&P New China Tracker (0828EA), and TradePlus HSCEI Daily (2x) Leveraged Tracker (0832EA) NAV to jump higher yesterday.

ETF : 0828EA
Daily performance : 4.8%
NAV per unit: RM 6.1753
To learn more: bit.ly/NEWCHINAETF

ETF: 0832EA
Daily performance : 5.4%
NAV per unit: RM 1.0814
To learn more: bit.ly/HSCEIETF
Hong Kong, & China equity indices jump after China moves into a new easing cycle.

The government has announced a cut in its key lending rates, and will boost its infrastructure spending as the world’s 2nd largest economy show signs of slowing growth.

Share prices jumped yesterday, with property names being key beneficiary on anticipation of cheaper lending costs. Markets are currently awaiting a revision to rules that could see developers’ having easier access to presales funds.

The 0829EA, which focuses on China’s New Economy sectors jumped 4.8% higher, whilst the 0831EA, which aims to provide 2X the performance of the HSCEI Index, leaped 8.2% ahead as at close yesterday.

Learn more about our TradePlus S&P New China Tracker (0829EA/0829EB) here: bit.ly/NEWCHINAETF
Equities in the US took a turn for the worse as it dipped for the 3rd consecutive week, recording its sharpest drop in 14 months following heightened anxiety over the impending hike in interest rates.

Technology stocks underperformed the broader market as the Nasdaq Composite Index fell into correction territory, while the 2 times leveraged FANG2XL (0830EA) dipped by 16.5% last week.

In China, sentiment was reversed as the PBOC made the announcement to reduce interest rates for the first time since April 2020. Besides that, sentiment was also lifted as authorities signalled additional support for the badly beaten property sector. The HSCEI Index also rebounded last week, with the 2 times leveraged HSCEI2XL (0832EA) gaining 5.07% over the period.

Locally, equities ended in the red following the negative sentiment from the West, along with Bank Negara Malaysia's decision to maintain the OPR rate at 1.75%.
Prices of tech stocks have stumbled from its strong climb after surging treasury yields raised concerns for these companies with already high valuation.

Microsoft, Apple, and Tesla are expected to report their 4th quarter earnings soon, which could potentially throw a lifeline for the tech sector. If earnings exceed expectations, stock prices could climb back on track.

Investors have been thrown into limbo since the start of the year with rising inflationary concerns, rising interest rates and all amidst our battle against the Covid-19 pandemic.

What are your thoughts on the tech sector? Whether you’re optimistic, or pessimistic, TradePlus has a solution for you.

Since the start of the month, our TradePlus FANG Leveraged Tracker (0830EA) has dipped 23.1%, whilst the TradePlus FANG Inverse Tracker (0831EA) climbed 11.8%.

Learn more about our ETFs here: bit.ly/FANGETF
Apple’s iPhone 13 wins race

The launch of iPhone 13 led Apple Inc to conquer market in 4Q2021, making up 22% of global smartphone shipments (against Samsung’s 20%). It was a good quarter for Apple Inc as it hit its highest-ever market share in China (32% YoY quarterly growth in sales).

Tech companies have suffered from global shortage in chips and components. The rising US treasury yields have also dragged down stock prices of major tech companies, with Apple Inc’s share price currently down more than 12% YTD.

But with tech giants set to report their earnings in the coming weeks, what lies ahead for the tech sector? Whether you are an optimist, or a pessimist, TradePlus has an ETF solution for you.

Since the start of the month, our TradePlus FANG Leveraged Tracker (0830EA) has dipped 26.5%, whilst the TradePlus FANG Inverse Tracker (0831EA) has climbed 14.1%.

Learn more about our ETF, which provides exposure into the top 10 largest US-listed tech companies here: bit.ly/FANGETF
Channel photo updated