Hong Kong retail forex broker KVB Kunlun (HKG:8077) saw its shares trade up by 10% on Friday to a near 52-week high of HK$0.46 - its highest closing price in more than a year and just shy of its all time high of HK$0.50. KVB's move up comes one (trading) day before the company reports…
Read moreKVB Kunlun turns a profit of HK$33 million in 2013 compared with previous year's loss. Share price rises 3.7% on HKEX. Hong Kong-based FX broker KVB Kunlun has today released its full annual report for 2013, that income generated from leveraged FX during 2013 amounted to HK$135,543,000, representing a considerable 43% leap from the previous year's…
Read moreFull KVB results due for release next week, but preliminary filing states that a loss in 2012 has turned into a profit for 2013 One of the Far East's prominent executing venues, the Hong Kong Exchange (HKeX) has today released internal information relating to publicly listed FX broker KVB Kunlun (HKG:8077) for the year ended December…
Read moreWith its existing office in Singapore and Ex-GFT Asia CEO Desmond Yeo a foothold in the region is almost certain The Middle East brokerage powerhouse originally from the United Arab Emirates is expanding its presence in the Far East side of Asia with an office opening in Hong Kong. The company already has established a…
Read moreShare prices rally 6.25% on dividend announcement Hong Kong listed medium sized brokerage KVB Kunlun (HKG:8077) has announced that during the third quarter of 2013 it has reported a marked decline in revenue numbers from last quarter. While being in line with the trend observed in the rest of the industry, the revenue numbers have declined a whopping 42% from…
Read morePreliminary unaudited review finds that the company is to report a net profit for the quarter that ended on September 30th Hong Kong listed medium sized brokerage KVB Kunlun (HKG:8077) has announced that during the first nine months of this year the company is faring better than last year and it will announce net profits for…
Read moreLeverate hires ex Saxo Bank and FXCM exec to head Asia. Forex software platform provider Leverate announced today that it is opening a Hong Kong office next month, to be headed by ex Saxo Bank and FXCM exec Arthur Le. (Note that Saxo Bank is an investor in Leverate). Leverate's Sirix social platform has been…
Read moreAsia expansion continues for Europe's leading Forex brokerage firms.
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