Purpose

The Hong Kong foreign exchange market is a mature offshore foreign exchange market that developed in the 1970s. As one of the world's major financial hubs, it boasts a free capital flow mechanism, a well-established regulatory system, and a highly open market environment, attracting a large number of leading global financial institutions and forex traders. To help investors or professionals gain a more comprehensive understanding of forex brokers in this region, the field research team conducted on-site visits to Hong Kong, China.

Process

This quarter, the due diligence team, as planned, visited the foreign exchange broker UBS in Hong Kong, China. According to publicly available information, its office address is 47-52/F Two International Finance Centre, 8 Finance Street, Central, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of responsibility to rigorously vet investors, traveled to Hong Kong, China, according to a well-planned schedule. They conducted a field verification of the trader UBS, which is reportedly located at 47-52/F Two International Finance Centre, 8 Finance Street, Central, Hong Kong.

The inspection team successfully arrived at the Two International Finance Centre building, situated in the core financial district of Central, where the surrounding environment is bustling and the commercial atmosphere is very strong. From the exterior, a complete panoramic view of the building can be captured; the facade appears new and well-maintained, and no signage related to UBS was found on the outside.

The inspection team entered the lobby of the building and explained their purpose to the security guards or staff. After a brief registration and communication, they were granted permission to enter and could move freely within the lobby area.

After checking the floor directory signs inside the building, the inspection team found that the sign for UBS was placed at the very bottom of column P, clearly indicating that its office space spans from the 47th to the 52nd floors. Due to the lack of a prior appointment, the inspection team was unable to gain access to the upper-level office areas and could not enter the company’s premises. This office area is not a shared office space, and the reception desk along with its logo could be photographed in the lobby area.

Through the public information display area in the lobby, the inspection team confirmed that the company’s office location was clearly and completely marked, and the overall environment aligns with the high-end positioning claimed by this internationally leading financial institution.

Therefore, after the on-site inspection, it was confirmed that the trader UBS exists at the aforementioned address and is a genuine entity currently conducting business as usual.

Conclusion

The on-site inspection team, as planned, visited the foreign exchange trader UBS in Hong Kong, China. At the publicly displayed business address, they could see the trader's company name and other information, indicating that the trader has a genuine place of business. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and should not be taken as the basis for a final decision.