Moscow Exchange (MOEX) has signed memorandums of understanding (MoUs) with two Chinese securities firms, CITIC Securities and Galaxy Securities, as…
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Bleeding continues at KVB Kunlun, shares down 16% to lowest level in 2015
KVB shares actually trade on Wednesday as low as HK$0.60 per share – below the HK$0.65 which CITIC paid for control of the company.
Read MoreKVB Kunlun shares down (another) 27% Monday as traders dump stock
After a week which saw its shares fall 16% (culminating a 29% drop since early June), things didn’t get better…
Read MoreKVB Kunlun shares collapsing after CITIC Securities offer expires
It appears, at least for the time being, that CITIC is content with staying at a 59% holding in KVB
Read MoreKVB 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.
Read MoreKVB Kunlun appoints adviser on CITIC offers
KVB Kunlun Financial Group Ltd (HKG:8077), the Hong-Kong focused retail Forex broker, today announced the appointment of Octal Capital Limited…
Read MoreKVB Kunlun shares drift down 21% in March as no enhanced offer made by CITIC
Investors seem to be reversing on their bet that CITIC Securities might make an enhanced offer to KVB’s minority shareholders.
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