Purpose

The Hong Kong foreign exchange market in China is an international forex market that developed in the 1970s. As one of the global financial centers, the Hong Kong forex market is characterized by active trading, strong liquidity, and strict regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker SPS in Hong Kong, China as scheduled. According to public information, its office address is 1-2/F, Top Prosperity Building, 9 Ship Street, Wan Chai, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the trader SPS claiming to be located at 1-2/F, Top Prosperity Building, 9 Ship Street, Wan Chai, Hong Kong.

The inspector successfully arrived at Dingwang Building, which is primarily a residential complex with an average surrounding environment and mediocre commercial atmosphere. No company signage or related information was found on the exterior of the building.

When the surveyor entered the building, they were blocked by the access control system and unable to proceed. Subsequently, they followed behind another person to gain entry. After entering the building, the surveyor proceeded to the target floor. Upon arriving at the 1st floor, no open offices were found. Although there were no company nameplates in the building, they later spotted the company on the 2nd floor.

When the surveyor was about to take photos, they were stopped by someone from the back office. Even after explaining their purpose, they were still denied permission to take pictures. The company is not a shared office space. Since access to the interior was restricted, the surveyor could not observe the internal office environment from the reception area. Overall, the company gave the impression of being small in scale and somewhat mysterious.

Therefore, after on-site verification, it is confirmed that the dealer SPS exists at the above address.

Conclusion

The inspection team visited the forex broker SPS at its publicly displayed business address in Hong Kong, China as planned. The company's relevant information could be seen at the location, indicating that the broker has a genuine business premises. However, the company appears to be small-scale and somewhat informal. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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