August 1, 2011
"Kunlun Global Exchange" Welcomes New Partner on North America's West Coast in Vancouver
Team Member

In early August 2011, Mingrui Star Foreign Exchange, a subsidiary of Canada's Mingrui Group, held its grand opening in Vancouver and officially began providing foreign exchange and settlement services to local Chinese clients in Vancouver. Following the successful expansion of KVB Kunlun International's White Label Partnership (WLP) business model in New Zealand and Japan, this marks yet another new "Kunlun Global Exchange" white label partner on North America's West Coast.

The "Kunlun Global Exchange" white label partnership model shares KVB Kunlun International's long-accumulated successful business model and abundant resources with more partners dedicated to developing this market, achieving a win-win outcome. According to KVB Kunlun International senior executives, this model provides partners with a rich variety of tradable currencies, along with preferential trading prices from internationally renowned banks through KVB Kunlun International's WLP, as well as KVB Kunlun International's complete product line and rigorous trading and risk management support. White label partners can substantially reduce operating costs and minimize the occurrence of human error. At the same time, KVB Kunlun International also provides comprehensive professional training and guidance to help white label partners gain market share more quickly, reducing the time and resources spent figuring things out on their own.

In Canada, Mingrui Group is a comprehensive service company integrating accounting, investment and wealth management, and insurance businesses. In just two months, KVB Kunlun International's white label partnership project team completed all preparatory work for Mingrui Group, including professional staff training, system customization, marketing support, and trading support, laying a solid foundation for Mingrui to provide high-quality, professional services to local clients in Vancouver.

KVB Kunlun International senior executives stated that, leveraging the successful business model and abundant resources accumulated over 10 years in the overseas Chinese financial market, KVB Kunlun International's current White Label Partnership partners are working together with KVB Kunlun International to serve more Chinese clients. As the overseas Chinese market grows increasingly mature and scaled, the demand among new and established immigrants for foreign exchange, international settlement, and high-end financial investment will continue to grow, and the scope and number of these future strategic alliances will become ever broader and greater.

GCFX