Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. As one of the important international financial centers, Hong Kong's foreign exchange market is characterized by active trading, sound regulations, and strict supervision, attracting numerous globally renowned financial institutions to conduct business here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Safe Gold Bullion in Hong Kong, China as planned. According to publicly available information, its office address is Room 1016, 10th Floor, Po Yip Building, 23 Hing Yip Street, Kwun Tong, Kowloon.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to Hong Kong, China, to conduct an on-site verification of the broker Safe Gold Bullion which claims to be located at Unit 1016, 10th Floor, Po Yip Building, 23 Hing Yip Street, Kwun Tong, Kowloon.

Upon arriving at Po Yip Building, located on Hing Yip Street in Kwun Tong, the overall surrounding street environment was relatively ordinary, with a general commercial atmosphere. On the exterior of the building, no company signage or related information for Safe Gold Bullion was found.

The inspection personnel entered the building lobby and, after stating their purpose to the security guard, were granted permission to enter. On the internal directory board of the building, there was no information about this company.

Upon reaching the target floor, the 10th floor, the inspection personnel found that the office area of Safe Gold Bullion had no clear signage, and no security measures were observed. As no information about the company was found, the inspection personnel could not enter the interior. Furthermore, they could not photograph the reception area, and this was also not a shared office space.

The inspection personnel did not find any information about this broker. Upon inquiring with the reception staff, they indicated that there was no such company. Through the floor corridors, it was impossible to observe the internal environment of the company, and the overall situation did not match its claimed positioning.

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

Conclusion

The on-site inspection team went to Hong Kong, China as planned to conduct a field visit to the forex broker Safe Gold Bullion. At its publicly displayed business address, the team was unable to see information such as the broker's company name, indicating that the broker does not have a genuine business premises. 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.