Hong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has just announced the signing of a software licence agreement with Banclogix. Under the terms of the deal, Banclogix will grant the broker a three-year licence for certain software, which covers client order management, dealing manager, and core trade execution server. The software will enable…
Read moreHong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has just reported its financial metrics for the third quarter and the first nine months of 2015, with the company boasting a record-setting quarter. Revenues for the three months to September 30, 2015 hit record high, reaching HK$157.3 million (US$20.3 million). The result is 59.7%…
Read moreHong Kong retail Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has earlier today published a profit warning for the nine-month period till September 30, 2015. The Board informs the shareholders that after a review of the corporate accounts for the first nine months of 2015, profits attributable to shareholders of the broker for the…
Read moreShare price of the Hong Kong Forex broker has kept falling over the past 6 months, in the face of robust financial metrics and today again dropped to levels last seen in November 2014.
Read moreThe Hong Kong Forex broker is offering the eligible participants to subscribe for a total of 40,000,000 new ordinary shares, with the exercise price being HK$0.95 per share.
Read moreKVB shares actually trade on Wednesday as low as HK$0.60 per share - below the HK$0.65 which CITIC paid for control of the company.
Read moreAfter a week which saw its shares fall 16% (culminating a 29% drop since early June), things didn't get better today as Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) saw its shares in freefall on Monday in HKEx trading. KVB shares dropped from Friday's close of HK$1.25 by more than 27%…
Read moreIt appears, at least for the time being, that CITIC is content with staying at a 59% holding in KVB
Read moreToday CITIC's mandatory offers for the rest of the capital of KVB Kunlun closed, with the Chinese investment giant now holding approximately 59.04% of the broker's entire issued share capital.
Read moreSelling of KVB Kunlun's shares continues, as non-executive director Stephen McCoy cashes in HK$310,000 (US$39,990).
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