Purpose

The Hong Kong forex market is an international foreign exchange market that has developed since the 1970s. As one of the international financial centers, the Hong Kong forex market features active trading, well-established regulations, and a large number of participants. To help investors or practitioners gain a more comprehensive understanding of forex dealers in the region, the field survey team conducted an on-site visit to Hong Kong.

Process

This time the site inspection team traveled to Hong Kong, China as planned to conduct an on-site visit to forex dealer GMG. According to public information, its office address is Unit B28, 12F, Fou Wah Industrial Building, No. 10 - 16 Pun Shan Street, Tsuen Wan, Hong Kong.

A professional and experienced site inspection team, with a sense of mission to strictly safeguard investors, went to Hong Kong, China according to a carefully planned itinerary to conduct an on-site verification of the broker GMG, which claims to be located at Unit B28, 12F, Fou Wah Industrial Building, No. 10 - 16 Pun Shan Street, Tsuen Wan, Hong Kong.

The inspectors arrived smoothly at Fou Wah Industrial Building, located at No. 10 - 16 Pun Shan Street, Tsuen Wan, Hong Kong. The surrounding street environment was relatively ordinary. No GMG company signage or related information was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security guard. After a brief conversation, they obtained permission to enter the building.

Upon reaching the target floor, the 12th floor, the inspectors found that GMG's office area had no visible signage and no security measures. Since there was no information about the broker, the inspectors were unable to enter the interior. They could not photograph the reception desk or the reception desk's logo. This office was not a shared office.

Through the glass door, because they were unable to enter, the inspectors could not observe the company's internal environment, decoration style, or employee activities. After arriving, they confirmed that this was indeed the address, but found no information about the broker. When asked, the security guard said that no such company existed, and they judged it to be false. Therefore, after the site inspection, it was confirmed that the broker GMG does not exist at the above address.

Conclusion

The surveyor visited the foreign exchange dealer GMG in Hong Kong, China as planned. At its publicly displayed business address, the dealer's company name and other information were not seen, indicating that the dealer does not have a real place of business. Please make your decision after comprehensive consideration.

Disclaimer

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