FTX Bankruptcy Plan Approved
Good afternoon, here’s your weekly recap from Rain:
Highlights
Product Updates
Have you heard about Rain’s OTC services? Our OTC services are tailored for investors with large trades, through our broker-dealer network.
Through Rain’s OTC services, you are guaranteed:
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Spotlight topic: China Stock Rally Fades as Traders Await Stronger Stimulus
Chinese stocks' rally following a week-long holiday cooled as traders questioned further stimulus from Beijing, leading to declines in Hong Kong shares. The CSI 300 index surged over 5% initially but lost momentum after a cautious briefing from China's economic planners. Investors await concrete policy moves from Beijing, affecting the market's direction. Meanwhile, trading volumes soared, with record activity in Shanghai and Shenzhen. Concerns linger over market valuations and the potential need for stronger government support.
Read of the Week:
The Funding: FTX's discounted tokens keep drawing investor interest | Read more
RAIN NEWS
Rain Introduces Instant Funding and Withdrawal Services for Virtual Assets in UAE
Rain, catering to both individual and institutional clients, now offers instant funding and withdrawal services for virtual assets in the UAE. Partnered with a local bank, Rain ensures seamless financial transactions for its users. As a fully licensed and regulated entity, it provides a secure and efficient platform for digital asset management. Interested parties can sign up at rain.com/en-ae/signup to access these innovative services. Check out all the benefits of Rain in the UAE.
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