January 26, 2015 BY LeapRate Staff
KVB Kunlun reports 2014 Revenues and Profit increase due to increased volatility
... however the company did not really tell us anything we didn't already know.
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January 20, 2015 BY LeapRate Staff
KVB Kunlun reports no progress on sale of the company
Nearly two months after it had first reported that an acquirer had emerged to make a HK$0.65 bid for the company, Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has provided an update, and in truth it isn't much of one. KVB has made a further filing with the Hong Kong Exchange (HKEx)…
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December 22, 2014 BY LeapRate Staff
KVB Kunlun reports that M&A due diligence has begun
Nearly a month after it had reported that an acquirer had emerged to make a HK$0.65 bid for the company, Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has finally provided an update, and in truth it isn't much of one. KVB has made a further filing with the Hong Kong Exchange (HKEx)…
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November 30, 2014 BY LeapRate Staff
KVB Kunlun sees wild week of trading as sale speculation peaks
Hong Kong based retail forex broker KVB Kunlun saw an absolutely wild week in trading of its shares on the Hong Kong Exchange (HKG:8077), as investors tried to figure out the eventual outcome of an announced takeover bid for KVB. KVB's shares moved at least 10% each and every trading day last week, in different…
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November 25, 2014 BY LeapRate Staff
KVB Kunlun sale to take place at HK$0.65 per share, shares plummet
Breaking Forex News... The next step in the KVB Kunlun sale saga has taken place, with the company disclosing some important - yet surprising - information. Specifically, KVB's major shareholder, Mr. Li Zhi Da, has agreed to tender most of his 75% stake in KVB to a still unnamed acquirer for HK$0.65 per share, valuing…
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November 19, 2014 BY LeapRate Staff
KVB Kunlun shares halted again – deal announcement coming?
Hong Kong based retail forex broker KVB Kunlun requested and received today a halt in trading of its shares on the HKEx (HKG:8077). Trading in KVB was halted at 1pm local time. Up to the time of the halt, KVB shares had dropped 8% on Wednesday, down to HK$1.06. As we reported, KVB shares skyrocketed…
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November 17, 2014 BY LeapRate Staff
KVB Kunlun shares drop (another 11%) Monday as M&A fever subsides
After a 30% drop late week, shares of Hong Kong based retail forex broker KVB Kunlun (HKG:8077) continued to fall in Monday trading on the HKEx, shedding more than 11% to close at HK$1.04 per share. KVB shares spiked last week to a high of HK$1.67 last Wednesday, after trading in the HK$0.40 range for most…
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