Purpose

The Hong Kong foreign exchange market is an international foreign exchange market that developed after the 1970s. After Hong Kong lifted foreign exchange controls in the 1970s, a large influx of international capital and an increasing number of institutions dealing in foreign exchange business led to rapid development of the Hong Kong foreign exchange market. To help investors or practitioners gain a more comprehensive understanding of foreign exchange brokers in the region, the on-site investigation team conducted a field visit to Hong Kong.

Process

This survey team planned to visit the forex broker DUP Capital in Hong Kong, China. According to public information, its office address is FLAT/RM B 5/F GAYLORD COMMERCIAL BUILDING 114 - 118 LOCKHART ROAD, HONG KONG.

A professional and experienced on-site inspection team, with a sense of mission to rigorously vet for investors, followed a detailed plan to travel to Hong Kong, China. They conducted a field verification of the broker DUP Capital, claiming to be located at FLAT/RM B 5/F GAYLORD COMMERCIAL BUILDING 114 - 118 LOCKHART ROAD, HONG KONG.

The on-site inspectors arrived smoothly at Gaylord Commercial Building, located at 114-118 Lockhart Road. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information was found outside the building.

The inspectors entered the lobby of the building and stated their purpose to the security guard. After a brief conversation, they were granted entry permission.

Upon arriving at the target floor, the 5th floor, the inspectors found that the office area of DUP Capital had no obvious signage and no security measures. As no signs related to the company were found, the inspectors were unable to enter the interior, could not photograph the reception desk or its logo, and the premises were not a shared office.

Through the common area of the floor, due to the absence of a visible company office entrance, the internal environment could not be observed. Upon arrival, the address was confirmed, but no information about this broker was found. When asked, the security guard stated that no such company exists, leading to the conclusion that it is false.

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

Conclusion

The field investigation team visited Hong Kong, China as planned to inspect forex dealer DUP Capital in person. At its publicly displayed office address, the company name and other information could not be found, indicating that the dealer does not have a genuine place of business. Investors are advised to make their decisions after comprehensive consideration.

Disclaimer

The above content and views are for reference only and do not constitute the basis for final selection.