Reap receives Ping An of China : JPMorgan Chase publish a research report stating that domestic
insurance stocks outperform the market last year, but this year they were affect by obvious
unfavorable macro factors, making the industry less attractive. The bank downgrad the ratings of
major domestic insurance stocks. Among them, Ping An of China (02318.HK) was downgrad from
“overweight” to “neutral”, and the target saint helena email list 100000 contact leads price was r uc from 78 yuan to 50 yuan.
ZTE : On January 3, JPMorgan r uc its holdings in ZTE by 4,472,296 shares,
at a price of HK$22.4859 per share, for a total amount of approximately HK$101 million.
Reap receives approvalinprinciple for major payment institution license from the Monetary Authority of Singapore
SINGAPORE , Jan. 10, 2025 PRNewswire Reap, a financial payments technology company ,
is pleas to announce today that its Singapore entity, Reap Singapore, has receiv approval in
principle for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore.
Reap Singapore has obtain approval in principle for major payment institution operations in
Singapore, which is a major milestone a but only if it offers add value for Reap. Reap is committ to regulatory excellence while
continuously growing its capabilities and presence in Singapore and across the Asia Pacific region.
Reap and Reap Singapore will work together and invest the necessary resources to continue
to improve their compliance standards to meet the requirements for obtaining an MPI license,
ensuring that they can provide valueadd services and trust solutions to customers in Singapore and the wider Asia Pacific.
Kevin Kang, Cofounder of Reap, said:
At Reap, compliance is always of the utmost importance, not only to protect our users, but also as a
fundamental pillar of our growth. Receiving liechtenstein number this approval in principle from the Monetary Authority
of Singapore, a globally renown financial regulator, is a great encouragement for us and will be a key driver for safe growth in the region Reap receives.
