Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. Since Hong Kong abolished foreign exchange controls in 1973, a large amount of international capital has flowed in, financial institutions engaged in foreign exchange business have continuously increased, and the Hong Kong foreign exchange market has achieved substantial development, becoming an international foreign exchange market. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team traveled to Hong Kong, China for on-site visits.

Process

This time, the team went to Hong Kong, China as planned to conduct an on-site visit to the forex brokerHFS. According to publicly available information, its office address is Room 1302, 13th Floor, Cheung Kui Mansion, 84-86 Des Voeux Road Central, Central, Hong Kong.

A professional and experienced team, driven by a sense of mission to rigorously vet for investors, followed a meticulous plan and traveled to Hong Kong, China, to conduct an on-site verification of the broker HFS, which claims to be located at Unit 1302, 13/F, Cheung Hoi Building, 84-86 Des Voeux Road Central, Central, Hong Kong.

The team successfully arrived at Cheung Hoi Building. The location is in the core area of Central, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no company signage or related information for HFS was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security guard. After communication, they were granted permission to enter.

Upon reaching the target floor, the 13th floor, the team found that the directory board displayed information for other companies. There were no obvious signs for HFS in the office area, nor were there any security measures. However, due to the lack of an appointment, the team was unable to enter the interior, could not take a photo of HFS's reception desk, and the office was not a shared office space.

As entry was simply impossible, the team could not observe the internal environment of the company through the door and found no information whatsoever about this broker. Inquiries with security personnel revealed that no such company exists at this address, and the overall situation did not match its claimed positioning.

Therefore, after the on-site verification, it was confirmed that broker HFS does not exist at the aforementioned address.

Conclusion

The team visited the forex broker HFS at its publicly displayed business address in Hong Kong, China as planned, but failed to see any information such as the broker's company name at the location, indicating that the broker does not have a genuine physical business premise. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

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