June 12, 2015 BY Maria Nikolova
KVB Kunlun's directors rush to exercise share options
Three of KVB's directors announced the exercising of all of their share options at a price of HK$0.414 per option.
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June 09, 2015 BY Maria Nikolova
KVB Kunlun's share price down 11% on disappointing CITIC offer
Shares in KVB lost 11% today, closing at their lowest level since end of March 2015, as investors reacted to CITIC's offer for the rest of the broker's capital.
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June 05, 2015 BY Maria Nikolova
CITIC does not budge, bids HK$0.65 per KVB Kunlun share
The investment giant did not change its mind and today made an offer of HK$0.65 per ordinary share of the retail FX broker, valuing its entire share capital at HK$1,313,858,000.
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May 29, 2015 BY Maria Nikolova
KVB Kunlun, CITIC Securities finalize share purchase deal
CITIC Securities still has to make an unconditional mandatory cash offer for all of KVB Kunlun's issued share capital.
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May 07, 2015 BY LeapRate Staff
KVB Kunlun shares drop 6% after disappointing Q1 results
Retail forex brokers seem to have had healthy volumes in Q1. But that didn't necessarily translate into revenues and profits.
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May 06, 2015 BY Maria Nikolova
KVB Kunlun sees Q1 revenues drop 21%, profits off 68%
The retail Forex broker recorded quarterly revenues of HK$56.2 million and profits of HK$7.8 million, lagging behind results achieved in the final quarter of 2014.
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April 27, 2015 BY Maria Nikolova
Upbeat profit forecast sends KVB Kunlun's shares up 9%
One share in the broker traded for as much as HK$1.76 this morning before stabilizing at HK$1.71 at market close.
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April 09, 2015 BY Andrew Saks-McLeod
KVB Kunlun directors selling, while shares continue to move up
KVB Kunlun directors Cornelis Keyser and Chee Hung Frederick Ng have sold their entire stake in the firm on April 2, however share prices took off this morning, trading 19% up to an all time high
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April 01, 2015 BY Maria Nikolova
KVB Kunlun issues 21.3 million shares
KVB Kunlun Financial Group Ltd (HKG:8077), the Hong Kong-focused retail Forex broker, today announced the issue of 21,320,000 shares, taking its total issued share capital to 2,021,320,000 shares. In the announcement, the Board of directors said an aggregate of 21,320,000 new KVB Shares were allotted and issued on April 1, 2015, following the exercise of…
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March 31, 2015 BY Maria Nikolova
KVB Kunlun sees net profit rise in 2014, eyes further Chinese business development
Retail Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) today delivered a set of strong financial metrics for 2014, as the company has managed to benefit from the improved volatility in the latter part of last year. Profits and income rose on annual basis, as the group targets development of its Chinese business in 2015…
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