Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. As one of the international financial centers, Hong Kong's foreign exchange market is characterized by active trading, strong liquidity, and a rich variety of trading products. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker __TERM_0__ in Hong Kong, China as planned. According to public information, its office address is Suite 4301, Tower One, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to Times Square Phase One in Causeway Bay, Hong Kong, China, to conduct a physical verification of the broker Heungkong Financial claiming to be located at Suite 4301, Tower One, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong.

The inspectors successfully arrived at Times Square Phase One, located at 1 Matheson Street, Causeway Bay. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information for Heungkong Financial was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security personnel. After communication, they were granted permission to enter.

Upon reaching the target floor, the 43rd floor, the inspectors found that the office area for Heungkong Financial had no clear signage or security measures. As there was no information about this broker in the office area, the inspectors were unable to enter the interior, and the office was not a shared workspace.

Through the glass door, the inspectors were also unable to observe the internal environment of the company.

The inspectors found no information about this broker. After entering, they only saw other companies and concluded it was false. Therefore, after the on-site inspection, it was confirmed that broker Heungkong Financial does not exist at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker Heungkong Financial in Hong Kong, China as planned. At its publicly displayed business address, the broker's company name and other information could not be seen, indicating that the broker does not have 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 selection.