Purpose

The Hong Kong foreign exchange market is an international foreign exchange market that developed after the 1970s. Hong Kong, as one of the international financial centers, has a foreign exchange market characterized by active trading, numerous participants, and distinct time zone advantages, holding an important position in global foreign exchange trading. To help investors or practitioners gain a more comprehensive understanding of foreign exchange dealers in the region, the inspection team went to Hong Kong, China for an on-site visit.

Process

In this issue, the on-site inspection team went to Hong Kong, China as planned to visit the forex broker HENG DA. According to public information, its office address is Unit A3, 32/F, United Centre, 95 Queensway, Hong Kong.

Professional and experienced on-site verification team, with a sense of mission to strictly vet for investors, followed a meticulous plan and went to Hong Kong, China. They conducted an on-site inspection of broker HENG DA, which claimed to be located at that address.

The verification personnel smoothly arrived at United Centre, located in the bustling area of Queensway, Hong Kong, with a vibrant surrounding environment and strong business atmosphere. However, no signage or related information of the company was found on the exterior of the building.

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

Upon arriving at the target floor 32, the verification personnel found that there was no obvious signage for the office area of HENG DA, nor any related security measures. Since no information about the company was found, they could not enter the interior. Moreover, they were not allowed to take photos of the reception desk or its logo, and the office was not a shared office.

Through the public area on the floor, the verification personnel naturally could not observe the internal environment of the company, and overall could not confirm whether it matched its claimed positioning. Upon arrival, they confirmed that it was the correct address, but found no information about the broker. When asked, the security guard said the company did not exist, leading to the conclusion that it was false.

Therefore, after on-site verification, it was confirmed that broker HENG DA does not exist at the above address.

Conclusion

The survey personnel went to Hong Kong, China as planned to visit forex broker HENG DA on site. At its publicly displayed business address, they were unable to see the broker's company name and other information, indicating that the broker does not have a real business premise. Investors should make their decision after comprehensive consideration.

Disclaimer

The above content and opinions are for reference only and do not serve as the basis for final selection.