Hong Kong FX broker KVB Kunlun Financial Group Ltd (HKG:8077) has earlier today published its financial metrics for the first quarter of 2016, with profits up in annual terms as forecast but down from the preceding quarter. The Group posted a total income of approximately HK$105.8 million for the three months ended March 31, 2016, an…
Read moreRakuten Securities Inc, the current owner of FXCM Japan and FXCM Asia, once owned by FXCM Inc, today announced some financial metrics for the fiscal year to March 31, 2016. Rakuten Securities, a part of Rakuten Inc (TYO:4755), posted operating revenues of JPY 55 billion for the 12 months to March 31, 2016, whereas the…
Read moreShares in Hong Kong FX broker KVB Kunlun Financial Group Ltd (HKG:8077) opened higher today after the company published a positive profit alert for the first quarter of 2016. The board of directors of the company has reviewed the unaudited management accounts for the three months ended March 31, 2016 and, based on the review,…
Read moreAfter signing a three-year software license agreement with Banclogix in December last year, Hong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) today announces an expansion of the partnership via a new deal - New Information Technology Services Agreement. The term of the new deal is from April 19, 2016 to December 31, 2018, both…
Read moreHong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has just released its financial metrics for the year to December 31, 2015, with favourable trading conditions helping the company see a steep rise in revenues and profits in the period. The numbers were barely surprising after the broker issued a positive profit alert in February.…
Read moreGuotai Junan International Hold. Limited (HKG:1788), a Hong Kong Forex, futures and equities broker that made headlines late last year thanks to the disappearance and reappearance of its chairman Dr. Yim Fung, has just published its financial results for the year to December 31, 2015. The company saw robust revenues and profits, with the brokerage segment,…
Read moreHong Kong's Securities and Futures Commission (SFC) today announces that it has reprimanded and imposed a fine of HK$4 million (US$ 514,330) on Yuanta Securities (Hong Kong) Company Limited, a wholly owned subsidiary of Yuanta Financial Holdings Co Ltd (TPE:2885). The regulatory decision stems from findings that Yuanta Securities has failed to disclose the actual…
Read moreGuotai Junan International Hold. Limited (HKG:1788), a Hong Kong Forex, futures and equities broker that made headlines late last year as its chairman Dr. Yim Fung went missing and then reappeared, has announced changes to its Board of Directors. Effective February 24, 2016, Mr. LI Sang Edward resigns as executive director, company secretary, head of…
Read moreFXCM Asia, formerly a part of FXCM Inc (NYSE:FXCM)Â and currently a wholly owned subsidiary of Rakuten Securities, has issued an Important Notice to its clients. The Hong Kong-based Forex broker notes recent market swings and asks its clients to pay attention to margin levels in order to make sure that they have sufficient funds to…
Read moreHong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) today issued a positive profit alert for the full year to December 31, 2015, on the back of increased trading activity. In today's announcement, the Board forecasts that broker will register “a significant increase in profit attributable to equity holders of the Company for the…
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