Further to our exclusive report from late January that Hong Kong based Retail FX broker KVB Kunlun Financial Group Ltd (HKG:6877) was about to announce a major fundraising, the company has made regulatory filings with the HKEX indicating that on February 12 (i.e., this past Monday) it closed on a HK$200 million (USD $26 million) investment, led by…
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LeapRate Exclusive... LeapRate has learned via regulatory filings that Hong Kong based Retail FX broker KVB Kunlun Financial Group Ltd (HKG:6877) is set to announce the raising of a HK$200 million (USD $26 million) investment, to be led by Chinese insurance and investment giant Ping An Insurance (Grp) Co of China Ltd (SHA:601318). We expect the company…
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Retail forex broker eToro has announced a cooperation agreement with China’s largest internet finance company, Lufax Holding Ltd. The strategic partnership will introduce eToro to Lufax's overseas Chinese clients. LeapRate readers will recall that multi-asset online broker Saxo Bank announced a similar partnership with Lufax back in May. We understand that the Saxo Bank partnership is…
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