Purpose

The Hong Kong, China foreign exchange market is an international forex market that has developed since the 1970s. It is one of the world's major forex trading hubs, featuring a highly open and dynamic financial environment, diverse trading products, and flexible trading hours. 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

The on-site inspection team visited the forex broker Taijin in Hong Kong, China as scheduled. According to public information, its office address is Unit 1706 - 7, China Hong Kong City Tower 1, 33 Canton Road, Tsim Sha Tsui, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and proceeded to China Hong Kong City Tower 1 in Tsim Sha Tsui, Hong Kong, to conduct an on-site verification of the broker Taijin purportedly located at Unit 1706 - 7, China Hong Kong City Tower 1, 33 Canton Road, Tsim Sha Tsui, Hong Kong.

The inspector successfully arrived at the first building of China Hong Kong City, located at 33 Guangdong Road, surrounded by a bustling environment with a strong commercial atmosphere. However, no signs or related information of Taijin company were found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security personnel. After a brief communication, they obtained permission to enter. The company's information was not listed on the directory inside the building.

Upon arriving at the target floor (17th floor), the field investigator found no visible signage for Taijin in the office area. The address belonged to another company, and there were no security measures in place. Since there was no information about the company within the building, the investigator was unable to enter the premises or photograph the reception area and its logo. Additionally, the office was not a shared workspace.

Through the common areas of the floor, the inspectors were unable to observe the internal environment of the company, making it impossible to determine whether it aligns with its claimed positioning. It was judged to be false.

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

Conclusion

The inspection team visited the foreign exchange broker Taijin in Hong Kong, China as planned. However, the broker's company name and other information were not found at the publicly displayed business address, indicating that the broker does not have a genuine business location. 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 selection.