KVB Kunlun shares up (another) 22%, completes 69% rise in past week

KVB Kunlun Financial Group Ltd: HKG:8077 is experiencing a period of very buoyant share prices as company stock rose another 22.07% in the space of just a few hours to 1.770 HK dollars.

This sharp increase in value follows a previous rise of 13% on Monday this week following the release of a more than satisfactory earnings report for the forth quarter of the financial year in which the firm expects an increase in revenues for the second half of 2014, as well as a return to profitability from losses incurred during the first half of 2014. Full 2014 results for KVB should be out by the end of March.

The substantial increase in share KVB Kunlun’s share value which occurred yesterday has contributed to a 69% increase during the course of the past week.


Chart courtesy of Bloomberg

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