Reason for this visit

The international forex market in Hong Kong has been developing since the 1970s. Due to the removal of forex control in Hong Kong since 1973, there has been a large inflow of international capital, and an increasing number of financial institutions operating forex business have mushroomed. The forex market has become more and more active, developing into an international forex market. Hong Kong forex market is an invisible market without a fixed trading venue. Traders conduct forex transactions through various modern communication facilities and computer networks. Hong Kongs geographical location and time zone conditions are similar to those of Singapore, making it very convenient to trade with other international forex markets. Participants in Hong Kong forex market are mainly commercial banks and financial companies. There are three types of forex brokers in this market: local brokers, whose business is limited to Hong Kong; international brokers who have expanded their business to the Hong Kong forex market since the 1970s; international brokers that grow locally and has expanded their business to forex markets abroad. In an attempt to help investors or practitioners gain a more comprehensive understanding of current status of forex brokers in Hong Kong, WikiFX survey team determines to pay on-site visits to local companies.

On-site visit

In this issue, the survey team went to Hong Kong, China to visit forex broker Value Partners Group as planned according to its regulatory address that 43rd Floor, The Center, 99 Queens Road Central, Hong Kong.

The seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the broker Value Partners Group in The Center at 99 Queens Road Central, Central.

The core objective of this on-site investigation was to verify the authenticity and operational status of Value Partners Group‘s registered office address at The Center in Hong Kong’s Central district. Following the provided information, the investigators successfully arrived at the target location—The Center, a landmark skyscraper situated on Queen‘s Road Central in Hong Kong’s prime business district. The building enjoys an exceptional commercial environment, with well-maintained streets and overall surroundings. Its exterior is grand and modern.

Upon entering the building, the team immediately encountered strict security measures. Visitors were required to register at the lobby, a standardized process demanding detailed information. This initial experience reinforced the buildings high-end positioning and management standards.

In the lobbys public area, the investigators successfully located “Value Partners Group” on the building directory, confirming its presence on the 43rd floor.

After completing the lobby registration, the survey team had to transfer elevators to reach the 43rd floor. The process was smooth, and upon arrival, they confirmed the exact office unit location of Value Partners Group.

At the reception area of the company on the 43rd floor, the team first photographed the front desk and the company logo. Subsequently, they identified themselves to the reception staff. Upon learning the purpose of the visit, the receptionist contacted the relevant company representative. Unfortunately, the representative explicitly declined the request for internal access or further detailed inspection, citing “no photography permitted” as the reason.

Through the on-site investigation, it is confirmed that the broker maintains a physical presence at the above address.

Conclusion

The survey team went to Hong Kong, China to visit broker Value Partners Group as scheduled and found the company at its regulatory address. It signifies that the broker has a physical office at the place. Meanwhile, investors are advised to make a well-considered decision following much deliberation.

Disclaimer

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