Purpose

The Hong Kong foreign exchange market in China is an international forex market that developed in the 1970s. As one of the global financial centers, the Hong Kong forex market is characterized by active trading, strong liquidity, and a diverse range of trading products. Leveraging its advantageous geographical location, robust financial system, and well-established regulatory framework, it has attracted numerous international financial institutions and investors. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Hong Kong, China.

Process

As scheduled, the on-site inspection team visited the forex broker CCHKAM in Hong Kong, China. According to public information, its office address is "25/F & 29/F One International Finance Centre, 1 Harbour View Street, Central, Hong Kong".

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to the International Finance Centre (IFC) Phase 1 in Central, Hong Kong, China, to conduct an on-site verification of the trader CCHKAM claiming to be located at this address.

The field investigator successfully arrived at One International Finance Centre, located at 1 Harbour View Street, Central, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. No company signage or related information for CCHKAM was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel. After communication, permission to enter the building was granted. Inside the building, the company's nameplate could not be found.

The on-site investigator inquired at the front desk of the lobby and was informed that there is no company named CCHKAM in the building. However, due to strict security measures and being told that the company does not exist, the investigator was unable to access the relevant floors, search for any visible signage of CCHKAM in the office area, or take photos of the front desk and its logo. This address is not a shared office space.

Through the lobby area, the on-site inspector was unable to observe the so-called internal environment of the company. Overall assessment indicates that the address does not match the office location claimed by the trader and is inconsistent with its purported positioning.

Therefore, after on-site verification, it is confirmed that the broker CCHKAM does not exist at the above address.

Conclusion

The inspection team visited the foreign exchange broker CCHKAM in Hong Kong, China as planned. However, they did not find any information such as the company name at the publicly displayed business address, 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 considered as the final basis for decision-making.