Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. It is one of the world's important foreign exchange trading centers, characterized by active trading, high market openness, and numerous financial institutions. 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 Huixin in Hong Kong, China as planned. According to public information, its office address is Room 01, 9th Floor, Wai Shing Commercial Building, 28 Connaught Road West, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to the Wai Shing Commercial Building in Hong Kong, China, to conduct a physical verification of the broker Huixin which claims to be located at Unit 01, 9th Floor, Wai Shing Commercial Building, 28 Connaught Road West, Hong Kong.

The inspection personnel successfully arrived at the Wai Shing Commercial Building, located on Connaught Road West, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. No signage or relevant information of the company was found on the exterior of the building.

The inspection personnel entered the building lobby and stated their purpose to the security guard. After communication, they obtained permission to enter.

Upon reaching the target floor, the 9th floor, the inspection personnel found that the directory listed information for other companies at this address, with no clear signage or security measures indicating the office area of Huixin. As no trace of the company was found, the inspection personnel were unable to enter the interior, could not photograph a reception desk, and the office was not a shared workspace.

Since no information about the broker was found, inquiries were made with the reception, who stated that there was no such company, leading to the judgment that it is false. Therefore, after the inspection, it was confirmed that broker Huixin does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Huixin in Hong Kong, China as planned. At its publicly displayed business address, the company name and other information of this broker could not be seen, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

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