Increased capital controls in China, an environment of increased USA sanctions and the Chinese government cracking-down on payment gateways and margin FX makes this a SELL.
Economic conditions in China likely to get tighter, particularity around capital controls which affects margin account funding. With tighter market conditions, it is likely that KVB will seek to be in cost cutting mood and unlikely to implement growth strategies which require additional investment and perhaps longer payback periods. Unless there are share buy...
The margin FX market is crowded and becoming more so. The plithora of Cryptos currencies provides little unique opportunity to profit from this short term 'craze'
