Purpose

The Hong Kong, China foreign exchange market is an international forex market that has developed since the 1970s. It is one of the world's important forex trading centers. Leveraging its advantageous geographical location, sound financial system, and free and open economic policies, it has attracted numerous international financial institutions and investors to participate. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team traveled to Hong Kong, China for a field visit.

Process

The on-site inspection team visited the forex broker China Tonghai Securities in Hong Kong, China as scheduled. According to public information, its office address is 18th Floor, Hua Ren Building, 29 Queen's Road Central, Central, Hong Kong.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to 29 Queen's Road Central, Chinese Bank Building, Central, Hong Kong, China, to conduct a physical verification of the trading firm China Tonghai Securities which claims to be located there.

The verification personnel successfully arrived at the Chinese Bank 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 China Tonghai Securities was found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard. After brief communication, they obtained permission to enter the building. On the internal directory board, there was no information for this company.

Upon reaching the target floor, the 18th floor, the verification personnel found that the office area for China Tonghai Securities had no obvious signage and no security measures. However, as no information about the company was found within the building, the verification personnel were unable to enter the interior, and the office area was also not a shared office space.

From the public areas on the floor, the verification personnel could not observe the company's internal environment, as there were simply no indications that the company operated there. The overall situation did not match its claimed positioning.

Therefore, after the on-site verification, it was confirmed that the trading firm China Tonghai Securities does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker China Tonghai Securities at its publicly displayed business address in Hong Kong, China, as planned, but could not find any information such as the broker's company name at the location, indicating that the broker does not have a genuine business premises. 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.