Hong Kong based retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) reported a very large rise in revenues and profits (and virtually every other measure) for the second quarter of 2015, confirming our earlier exclusive report that KVB would see very nice results in Q2. The raw numbers - Revenues at KVB rose to an…
Read moreRetail forex brokers seem to have had healthy volumes in Q1. But that didn't necessarily translate into revenues and profits.
Read more... however the company did not really tell us anything we didn't already know.
Read moreHong Kong based retail forex broker KVB Kunlun (HKG:8077) had trading in its shares halted this afternoon Hong Kong time on the HKEx, after seeing unusual trading activity in its shares, sending KVB shares up 35% to an all-time high of HK$0.62. More than 3.6 million KVB shares traded hands today before the trading halt. On…
Read moreHong 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 moreWe reported last week that Hong Kong based retail FX broker KVB Kunlun (HKG:8077) had issued a profit warning for Q1, blaming an expected loss on reduced market volatility, a rampup in marketing expenses during Q1, and expenses related to the grant of share options to senior KVB employees. KVB at the time didn't give any specific numbers as to the size…
Read more