Purpose

The Hong Kong foreign exchange market is an international foreign exchange market developed in the 1970s. As an important international financial center, Hong Kong has an active foreign exchange market with a long history and a high degree of openness and internationalization. In order to help investors or practitioners gain a more comprehensive understanding of the foreign exchange brokers in the region, the survey team went to Hong Kong, China for an on-site visit.

Process

This on-site verification team has planned to visit the forex dealer SHKFX in Hong Kong, China. According to public information, its office address is Sun Hung Kai Forex Limited, 28/F Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong.

A professional and experienced on-site verification team, with the mission of rigorously screening for investors, followed a meticulous plan and went to Hong Kong, China. They conducted an on-site inspection of the broker SHKFX, which claims to be located at Sun Hung Kai Forex Limited, 28/F Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong.

The inspectors arrived smoothly at Lee Garden One, located at 33 Hysan Avenue, Causeway Bay, with a bustling surrounding environment and a strong commercial atmosphere. No signage or related information of the company was found outside the building.

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

Upon arriving at the target floor, the 28th floor, the inspectors found no obvious signage or security measures for SHKFX. What they actually saw was Everbright Securities. Upon inquiring with the security guard, they were told that there is no company named SHKFX in the building. Since the company does not exist, the inspectors could not enter the interior and were unable to photograph the front desk or its logo. This office area is not a shared office.

Through the common areas of the floor, no internal environment or any other conditions of the company could be observed. Overall, this place completely does not match the positioning claimed by SHKFX.

Therefore, after the on-site verification, it was confirmed that the broker SHKFX does not exist at the above address.

Conclusion

The field team visited the forex broker SHKFX in Hong Kong, China as planned, but could not see the company name or other information at its publicly displayed business address, indicating that the broker does not have a genuine business premises. Investors are advised to consider all factors before making a decision.

Disclaimer

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