Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed after the 1970s. Leveraging its advantageous geographical location, sound financial system, and free trade policies, it has become one of Asia's important forex trading centers. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Bree in Hong Kong, China as planned. According to public information, its office address is "UNIT 1406A, 14/F, THE BELGIAN BANK BUILDING, NOS. 721 - 725 NATHAN ROAD, KOWLOON, HONG KONG".

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, followed a meticulous plan and proceeded to the Belgian Bank Tower at 721-725 Nathan Road, Kowloon, Hong Kong, China, to conduct a physical verification of the broker Bree which claims to be located at this address.

The inspectors successfully arrived at the Belgian Bank Tower, located on the bustling Nathan Road in Kowloon, with a prosperous surrounding environment and a strong commercial atmosphere. However, no signage or relevant information for the company Bree was found on the exterior of the building.

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

Upon reaching the target floor, the 14th floor, the inspectors found that the directory board displayed information for other companies. There was no clear signage indicating the office area of company Bree, nor were there any related security measures. As no information about the company was found within the building, the inspectors were unable to enter the so-called company interior, failed to photograph a reception desk, and the floor was not a shared office space.

From the public areas on the floor, the inspectors naturally could not observe the internal environment of the company and found no information whatsoever about this broker. Inquiries at the reception indicated that no such company existed, leading to the judgment that it was false. Therefore, after the on-site inspection, it was confirmed that broker Bree does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Bree at its publicly displayed business address in Hong Kong, China as planned. The team was unable to see the broker's company name or other relevant information at the address, indicating that the broker does not have a genuine physical business location. 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 sole basis for final selection.