Purpose

The Hong Kong foreign exchange market is an international forex market that developed in the 1970s. As one of the world's important foreign exchange trading centers, it features active trading, a high degree of market openness, and a large number of financial institutions. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site investigation team conducted field visits in Hong Kong.

Process

The on-site inspection team visited the forex broker Chancellor Precious Metals in Hong Kong, China as planned. According to public information, its office address is Room 1508, 15th Floor, Peninsula Plaza, 18 Chong An Street, Hung Hom, Kowloon.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly safeguard the interests of investors, proceeded according to a well-planned schedule to Hong Kong, China, to conduct a physical verification of the broker Chancellor Precious Metals that claimed to be located at Room 1508, 15th Floor, Peninsula Square, 18 Chong An Street, Hung Hom, Kowloon.

The inspectors successfully arrived at Peninsula Square, located on Chong An Street, Hung Hom, Kowloon. The surrounding area is relatively bustling with a strong commercial atmosphere. However, no company signage or related information for this broker was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security personnel. After a brief communication, they were granted permission to enter.

Upon reaching the target floor, the 15th floor, the inspectors found that the directory board displayed information for other companies. There was no clear signage for Chancellor Precious Metals in the office area. As no information about the company was found, the inspectors were unable to enter the interior, could not photograph Chancellor Precious Metals's reception area, and the office here was not a shared office space.

Through the glass doors, and being unable to enter, the inspectors could not observe the company's internal environment and found no information about this broker. Upon inquiry with security, they were informed that no such company existed, leading to the judgment that it was false.

Therefore, after the on-site inspection, it was confirmed that broker Chancellor Precious Metals does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Chancellor Precious Metals in Hong Kong, China as planned, but could not find any information such as the company name at its publicly displayed business address, indicating that the broker does not have an actual business premises. Please consider this information comprehensively before making your investment decision.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.