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Chart: Precious metals market data for Industrial and Commercial Bank of China accounts on Monday, April 27, 2026.Hong Kong tech stocks saw some gains, with Baidu (09888.HK) rising over 5%, Alibaba (09988.HK) rising over 1%, and other stocks such as Beike (02423.HK), BOSS Zhipin (02076.HK), and NetEase-S (09999.HK) following suit.On April 27th, the Ministry of Culture and Tourism held a media promotion conference in Beijing for the 2026 National May Day Cultural and Tourism Consumption Week, officially launching the nationwide event. The conference announced plans to organize various regions to launch a series of affordable products, engaging activities, convenient services, and preferential measures for the May Day holiday, aiming to meet the travel and cultural tourism consumption needs of residents and tourists. It is understood that the May Day Cultural and Tourism Consumption Week will run from the end of April until the end of the May Day holiday. The Ministry of Culture and Tourism, in collaboration with relevant enterprises and institutions, will launch a series of diverse and beneficial cultural and tourism measures during the consumption week.On April 27th, Vishnu Varathan of Mizuho Securities stated that the Bank of Japan (BOJ) is expected to hold its policy steady this week, as the oil price shock triggered by the Middle East war could both damage demand and further exacerbate existing inflation risks. The BOJ is facing a dilemma, as it remains unclear which risk will prevail and what corresponding countermeasures should be taken. High inflation levels prior to the Middle East crisis and the sharp depreciation pressure on the yen limit the BOJs ability to ease policy prematurely to offset potential growth shocks. At the same time, the BOJ cannot raise interest rates too quickly or too drastically, as this could undermine the prospects for sustainable and healthy reflation.On April 27th, the highest 7-day annualized yield of Tencent Wealth Managements "Current Account +" was 1.3420%, and the lowest was 0.7730%. The highest 7-day annualized yield of WeChat Pays "Lingqian Tong" was 1.0680%, and the lowest was 1.0030%. The highest 7-day annualized yield of Alipays "Yuebao" was 1.1480%, and the lowest was 1.0020%.

Crypto Exchange FTX’s US Arm Set To Introduce Stock Trading

Jimmy Khan

May 20, 2022 09:29

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This will be a first in the cryptocurrency market, since no other cryptocurrency exchange has ever directly traded US stocks.


FTX cryptocurrency exchange, unveiled its newest initiative in a press release today, which is unprecedented ground for its rivals.


FTX.US, the crypto exchange's US subsidiary, will be the first to implement the functionality, which will bring regulated stock trading to its site.

Crypto X Stocks

Combining bitcoin with stock trading is not a new concept; Binance pioneered it in its own distinctive manner last year.


Binance provided crypto assets that were related to the value of shares of companies like Tesla, Apple, and Coinbase, rather than simply putting US equities onto the exchange.


Binance, however, discontinued providing this service to investors after being pressured by regulatory agencies from all across the globe.


FTX, unlike Binance, will not sell crypto tokens that monitor stock values; instead, it will offer regulated US shares directly.


FTX Capital Markets, as an associated broker-dealer registered with the SEC and a member of FINRA/SIPC, shall provide these services.


Brett Harrison, president of FTX US, said of the launch,


"Our objective is to provide our clients with a comprehensive investment solution across all asset classes." We have established a single integrated platform for retail investors to trade crypto, NFTs, and conventional stock offerings via a clear and straightforward user interface with the introduction of FTX Stocks."


Stock trading on the exchange is expected to be accessible within the next several months, with no commission costs.


FTX US will also let its customers to fund their accounts using the stablecoin USD Coin (USDC),


This will be a significant chance for the exchange to establish itself as a major participant in the crypto and even stock trading markets.

On the Charts: FTT

While the exchange is progressing in its own right, the performance of its native token, FTT, has been less than stellar in recent days.


FTT recovered 10.46 percent after falling 25.27 percent during the week-long meltdown on May 5, but the gain was nullified yesterday as the price plunged 7.63 percent.


As a consequence, despite numerous tries, FTT has been unable to break out of the negative zone it has been locked in since the first week of April, nor has it been able to signal a bullish crossing at the same time.

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