Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. As one of the important international financial centers, the Hong Kong foreign exchange market features active trading, a rich variety of trading products, high market transparency, and close connections with global markets. 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

In this issue, the on-site inspection team went to Hong Kong, China as planned to conduct an on-site visit to the forex broker YGGJ. According to public information, its office address is Unit A18D, Metro Centre, 32 Lei Hing Street, Kowloon Bay, Hong Kong.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, traveled to Hong Kong, China according to a well-planned schedule. Based on the aforementioned information, they conducted a field visit to the broker YGGJ.

The verification personnel went to Metro Centre in Kowloon Bay based on the address information to conduct an on-site verification of the broker YGGJ, which claimed to be located at A18D, Metro Centre, 32 Lin Hing Street, Kowloon Bay, Hong Kong.

The verification personnel successfully arrived at Metro Centre, located on Lin Hing Street in Kowloon Bay, with a strong commercial atmosphere in the surrounding area. However, no company signage or related information for broker YGGJ was found outside the building.

The verification personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter.

Upon reaching the target floor, the 18th floor, the verification personnel found no clear signage for YGGJ's office area, nor any related security measures. As no information about this broker was found either inside or outside the building, the verification personnel were unable to enter the so-called company interior. Furthermore, this office area was not a shared workspace either.

From the public areas on the floor, the verification personnel naturally could not observe the company's internal environment and other conditions. No information about this broker was found, casting doubt on its authenticity.

Therefore, after the on-site verification, it was confirmed that broker YGGJ does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker YGGJ in Hong Kong, China as planned. At its publicly displayed business address, no information such as the broker's company name could be seen, indicating that the broker does not have a genuine 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.