Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. As one of the international financial centers, the Hong Kong foreign exchange market is characterized by active trading, a well-established system, and strict regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to Hong Kong, China for a field visit.

Process

In this on-site inspection, the team visited the forex broker yifuqh in Hong Kong, China as planned. According to public information, its office address is Room A&B, 7th Floor, Fuxing Building, No. 61 Connaught Road Central, Central, Hong Kong.

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 61 Connaught Road Central, Central, Hong Kong, China, to conduct a physical verification of the trader yifuqh, which claims to be located at this address.

The inspectors successfully arrived at Fook Hing Building. The location is in the core area of Central, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information for yifuqh was found on the exterior of the building.

The inspectors directly entered the building lobby and stated their purpose to the security guard. After brief communication, they obtained permission to enter. After entering the building, they could not find the company's directory plate or information. Upon inquiry, the security guard informed them that there was no such company.

Upon reaching the target floor, the 7th floor, the inspectors found that there was indeed no clear signage for yifuqh's office area, nor any security measures. As no information about the company was found within the building, the inspectors were unable to enter the interior. Furthermore, they could not photograph the reception desk or its logo. The office area was also not a shared office space.

From the public areas of the floor, the inspectors naturally could not observe the company's internal environment and other conditions, and judged it to be false.

Therefore, after the on-site inspection, it was confirmed that the trader yifuqh does not exist at the aforementioned address.

Conclusion

The on-site investigator proceeded as planned to Hong Kong, China to conduct a field visit to the forex broker yifuqh. At its publicly displayed business address, no information such as the company name of this broker could be seen, indicating that this 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.