Purpose

The Hong Kong foreign exchange market is an international foreign exchange market that developed in the 1970s. Hong Kong, as an international financial center, has an active foreign exchange market with strong liquidity and relatively well-established regulatory oversight. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in Hong Kong.

Process

This time, the team went to Hong Kong, China as planned to conduct an on-site visit to the forex broker Huapei Global. According to publicly available information, its office address is 16/F, 88 Hing Fat Street, Causeway Bay, Hong Kong.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, proceeded according to a meticulous plan to 88 Hing Fat Street, Causeway Bay, Hong Kong, China, to conduct an on-site verification of the broker Huapei Global which claims to be located at 16/F, 88 Hing Fat Street, Causeway Bay, Hong Kong.

The team successfully arrived at the target building, located on Hing Fat Street, Causeway Bay, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security personnel. After communication, they obtained permission to enter. No information about this company was found on the directory board inside the building.

Upon reaching the target floor, the 16th floor, the team found no clear signage for Huapei Global in the office area, nor any security measures. However, as the receptionist indicated that this company was not present, the team was unable to enter the interior and could not photograph the reception area or logo of Huapei Global. The office was not a shared workspace.

Through the glass door, the team could not observe the internal environment of the company, as entry was simply not possible. The overall situation did not match its claimed positioning.

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

Conclusion

The team visited the forex broker Huapei Global in Hong Kong, China according to the plan, but could not see the broker's company name or other information at its publicly displayed business address, indicating that the broker does not have a genuine business premises. Investors should make their choice after comprehensive consideration.

Disclaimer

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