Reason for this visit

As is known to all, foreign exchange transactions in Hong Kong, Taiwan and other regions in China varies due to the different regulations and supervision. As such, they are all popular with the masses of investors. Meanwhile, there are about 730,000 foreign migrant workers in Taiwan, China. According to the data, the amount of foreign migrant workers' remittance is up to USD 3 billion a year, which brings potential huge business opportunities. According to the regulations, the newly opened relevant exclusive remittance agency has a capital of 100 million Taiwan dollars. In addition, due to the recession of stock investment and the lack of local investment varieties, foreign exchange investment in Taiwan is also increasingly sought after. In order to give investors a realistic understanding of the current situation of the forex market in Taiwan, China, the survey team decided to go to the province to conduct a field survey.

On-site visit

This time the survey team visited the forex dealer SinoPac Securities in Taiwan, China, with the specific address at 7/F, 18/F and 20/F, No. 2, Sec. 1, Chongqing S. Rd., Taikai Financial Building, Chungcheng District, Taipei, Taiwan.

Based on the above address, the survey team came to the destination of this survey, located in Chengde Road. It was located near Taipei Station and was a major transportation hub in Taipei. Since this area was an old city, there were not many financial institutions. At the address disclosed by SinoPac Securities, the surveyors found the office of the dealer and saw its name on the directory outside the building.

The day of the survey coincided with the business hours of the dealer. The marketing staff welcomed the surveyors and led them to the Economic Department of SinoPac Securities on the 7th floor. Entering the lobby, the surveyors saw employees working and other people entering and leaving the office. Since there was no access to the individual offices, the number of workstations could only be speculated from outside observation. There was 1 office with about 35 workstations. Although the exact number of employees was unknown, the surveyors confirmed the existence of the dealer's office.

Conclusion

The survey team went to Taiwan, China to visit the dealer SinoPac Securities as planned, and the dealer's logo could be found on its publicly displayed address, indicating that the dealer has a real place of business. Unfortunately, the surveyors were not able to visit and photograph the interior of the company, so they could only make rough speculations on its specific business scale. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.