Purpose

The Hong Kong foreign exchange market in China developed in the 1970s as an international forex market. As one of the global financial centers, the Hong Kong forex market is characterized by active trading, strong liquidity, and a diverse range of trading products, holding a significant position in both Asian and global forex markets. 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 Zooe in Hong Kong, China as scheduled. According to public information, its office address is Unit A2, 19/F, Max Share Centre, King’s Road, North Point, HK.

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 Zooe reportedly located at Unit A2, 19/F, Max Share Centre, King’s Road, North Point, HK.

The inspector successfully arrived at Max Share Centre, located on King's Road in North Point, surrounded by a bustling and commercially vibrant environment. However, no signage or related information of Zooe company was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After communication, they obtained permission to enter. However, the company's information was not found on the directory inside the building.

Upon arriving at the target floor, the 19th floor, the field investigator found that the office area of Zooe had no clear signage or security measures. Due to the absence of any company-related information, the investigator was unable to enter the premises. Additionally, it was not possible to photograph the reception area or its logo, and the office was not a shared workspace.

Through the glass door, the on-site inspectors were still unable to observe the internal environment of the company and other conditions, concluding that it was fraudulent.

Therefore, after on-site verification, it is confirmed that the dealer Zooe does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker Zooe in Hong Kong, China as planned, but could not find any information such as the company name at the publicly displayed business address, 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 taken as the final basis for selection.