Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. As one of the international financial centers, its forex market is characterized by active trading and a large number of participants, occupying an important position in the Asian and even global forex markets. In order to help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, the on-site inspection team went to Hong Kong for an on-site visit.

Process

In this issue, the verification team went to Hong Kong, China to visit forex dealer ZhengDa as planned. According to public information, its office address is Room 917, 9/F, Block A, New Mandarin Center, No. 14 Tsim Sha Tsui, Kowloon.

A professional and experienced on-site investigation team, with a sense of mission to strictly scrutinize for investors, went to Hong Kong, China according to a meticulous plan. They conducted an on-site verification of the broker ZhengDa, which claims to be located at Room 917, 9/F, Tower A, New Mandarin Centre, No. 14 Tsim Sha Tsui, Kowloon.

The investigators arrived at New Mandarin Centre smoothly. The location is in Tsim Sha Tsui, Kowloon, with a bustling surrounding environment and a strong commercial atmosphere. However, no company logo or related information of ZhengDa was found outside the building.

The investigators entered the lobby of the building and stated their purpose to the security guard. After communication, they obtained permission to enter.

After arriving at the target floor, the 9th floor, the investigators found that the office area of ZhengDa had no obvious signage and no security measures. However, because no prior appointment had been made, and upon inquiry it was learned that this company was not located at this address, they were unable to enter the interior. Also, they could not take photos of the front desk or the front desk logo. This office is not a shared office.

Through the glass door, although unable to see the inside of the company, because no information related to this broker was found, the overall situation does not match its claimed positioning.
Therefore, after on-site verification, it is confirmed that the broker ZhengDa does not exist at the above address.

Conclusion

The field investigator proceeded to visit forex dealer ZhengDa in Hong Kong, China as planned. At the publicly displayed business address, no company name or other information of the dealer was found, indicating that the dealer does not have a genuine business premises. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not serve as the basis for final decisions.