Tag: trade forex in Hong Kong

June 27, 2016 BY LeapRate Staff

Hong Kong HKEX tightens criteria for short selling stocks

Hong Kong exchange operator HKEX has announced that it is revising the criteria for its designated securities eligible for short selling to reflect the development of Hong Kong's equity market. The revisions are the result of a periodic review under a framework introduced in 2012. Changes to criteria for designated securities eligible for short selling will…

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March 20, 2015 BY Maria Nikolova

KVB 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 as an independent financial adviser on its deal with CITIC Securities Company Limited (SHA:600030). Octal Capital Limited, which has licenses to carry out Type 1 (dealing in securities) and Type 6 (advising on corporate finance)…

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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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May 05, 2014 BY Gerald Segal

KVB Kunlun sees Revenues down 45% (!) in Q1, posts HK$7.1 million loss

We reported last week that Hong Kong based retail FX broker KVB Kunlun (HKG:8077) had issued a profit warning for Q1, blaming an expected loss on reduced market volatility, a rampup in marketing expenses during Q1, and expenses related to the grant of share options to senior KVB employees. KVB at the time didn't give any specific numbers as to the size…

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