Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the world's important financial centers, the Hong Kong forex market is characterized by active trading, strong liquidity, and sound regulations. It occupies an important position in Asian and even global foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in Hong Kong, China.

Process

This period, the team went to Hong Kong, China as planned to conduct an on-site visit to the forex broker GUANG YIN. According to public information, its office address is Unit H1, 17/F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, traveled to Hong Kong, China according to a meticulous plan to conduct an on-site verification of the broker GUANG YIN, which claims to be located at Unit H1, 17/F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong.

The team successfully arrived at MG Tower, located at 133 Hoi Bun Road, Kwun Tong, Kowloon. The surrounding streets were relatively lively with a strong commercial atmosphere. However, no company signage or related information for this broker was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security guard. After communication, permission to enter was granted.

Upon reaching the target floor, the 17th floor, the team found that the directory board listed information for other companies at this address, with no clear signage for GUANG YIN's office area. Since the company's office area was not found in the first place, entry to the interior was impossible. They could not photograph GUANG YIN's reception desk, and the area was not a shared office space.

From the public areas on the floor, the team could not observe the company's internal environment or other conditions, as the company's office premises were simply not found. No information regarding this broker was discovered. Inquiries with security personnel confirmed that this company does not exist, leading to the judgment that it is false.

Therefore, after the on-site inspection, it was confirmed that broker GUANG YIN does not exist at the aforementioned address.

Conclusion

The team visited the forex broker GUANG YIN at its publicly displayed business address in Hong Kong, China as planned, but was unable to see the broker's company name or other information at the location, indicating that the broker does not have a genuine physical 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.