General Announcement::Request for Resumption of Trading from Suspension
Issuer & Securities
Issuer/ Manager
SG ISSUER
Securities
NETEASE 5XSHORTSOCGEN 261027 - LU2517570540 - SJRW
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
16-May-2025 10:03:33
Status
New
Announcement Sub Title
Request for Resumption of Trading from Suspension
Announcement Reference
SG250516OTHRKJ99
Submitted By (Co./ Ind. Name)
Coral Cheng
Designation
Associate
Effective Date and Time of the event
16/05/2025 10:30:00
Description (Please provide a detailed description of the event in the box below)
Unless otherwise defined, the capital terms in this Announcement shall bear the same meaning in the relevant Supplemental Listing Document in relation to the Securities.
SG Issuer would like to notify the holders of the Securities regarding the trigger of the Air Bag Mechanism (and the subsequent suspension of the Securities) on the date of this broadcast, and the New Observed Level, as follows:
Airbag Trigger Time: 09:45
New Observed Price/Level: HKD195.2
The trading and market making activities for the Securities will resume at the effective date and time stated herein.
Please note that the leverage factor of the Daily Leverage Certificates (DLC) is applied to the performance of the Underlying Asset computed from the New Observed Price/Level instead of the last closing price/level after the Observation Period. Investors may refer to the website at dlc.socgen.com for more information.
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