Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the international financial centers, it possesses a high degree of openness and activity, with a large scale of foreign exchange transactions 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 Golden Day in Hong Kong, China as planned. According to public information, its office address is "ROOM 32, 11/F, LEE KA INDUSTRIAL BUILDING, 8NG FONG STREET, SAN PO KONG, KOWLOON, HONGKONG".

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a well-planned schedule to the target area in Hong Kong, China, to conduct a physical verification of the broker Golden Day which claimed to be located at the aforementioned address.

The inspectors successfully arrived at Lee Ka Industrial Building, located in San Po Kong, Kowloon. The surrounding environment is relatively ordinary, with a general commercial atmosphere. No company signage or related information for Golden Day was found on the exterior of the building. From its appearance, it is an ordinary industrial building, surrounded by some small commercial shops and warehouses.

The inspectors entered the building lobby and stated their purpose to the security guard. After brief communication, permission to enter the building was granted. The lobby space is not large, with some basic facilities such as elevators and an information desk. However, no relevant guidance for Golden Day was seen on the internal directory board.

Upon reaching the target floor, the 11th floor, the inspectors found no clear signage or security measures indicating the office area of Golden Day. After inquiring with staff on the floor, they were informed that no such company existed, so the inspectors were unable to enter the premises. They also could not photograph a reception area, and the floor was not a shared office space.

Through the public areas on the floor, the inspectors did not find any signs related to Golden Day. The overall environment did not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that broker Golden Day does not exist at the aforementioned address.

Conclusion

The on-site inspector visited the forex broker Golden Day in Hong Kong, China as planned. At its publicly displayed business address, the inspector was unable to see any information such as the broker's company name, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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