Purpose

The Hong Kong foreign exchange market in China developed into an international forex market after the 1970s. Since the 1970s, the Hong Kong government abolished foreign exchange controls, and coupled with its advantageous geographical location and well-established financial infrastructure, it attracted numerous international financial institutions to set up operations, leading to the rapid growth of the Hong Kong forex market. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the team conducted on-site visits in Hong Kong, China.

Process

As scheduled, the team visited the foreign exchange dealerSHENG YUAN in Hong Kong, China for an on-site inspection. According to public information, their office address is Room 3208-09, 32/F, COSCO Tower, The Centrium, 183 Queen's Road Central, Sheung Wan, Hong Kong.

A professional and experienced team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the dealer SHENG YUAN claimed to be located there.

The team has successfully arrived at the New Era Plaza COSCO Tower, located in the bustling commercial center of Hong Kong, surrounded by a vibrant environment and a strong business atmosphere. Upon arrival, it is evident that this is a relatively grand building, housing numerous financial companies conducting their operations here.

The team entered the building lobby and stated their purpose to the security personnel. After a brief communication, they obtained permission to enter. Inside the building, the company's signage, relevant information, and its logo were clearly visible.

Upon arriving at the target floor, the 32nd floor, the team noticed clear signage for SHENG YUAN's office area. Due to reasons such as lack of prior appointment, the team was unable to enter the premises. However, they managed to photograph the reception area and its logo, confirming that the office was not a shared workspace.

Through the glass door, although entry was not permitted and the internal office environment could not be seen, the overall external observations aligned with the company's claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the dealer SHENG YUAN exists at the above address.

Conclusion

The team visited the foreign exchange dealer in Hong Kong, China as plannedSHENG YUAN. The dealer's company name and other information could be seen at its publicly displayed business address, indicating that the dealer has a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for decision-making.