Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that has developed since the 1970s. As one of the international financial centers, the Hong Kong foreign exchange market is characterized by active trading, a high degree of market openness, and a rich variety of financial products. 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

As scheduled, the on-site inspection team visited the forex broker CLC in Hong Kong, China. According to publicly available information, its office address is Unit 8506B, 85th Floor, International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong.

A professional and experienced on-site verification team, driven by a sense of mission to rigorously safeguard investors, proceeded to Hong Kong, China according to a well-planned schedule to conduct an on-site verification of the broker CLC, which claims to be located at Unit 8506B, 85th Floor, International Commerce Centre, No. 1 Austin Road West, Kowloon, Hong Kong.

The verification personnel successfully arrived at the International Commerce Centre. The surrounding area has a strong commercial atmosphere, and it is one of Hong Kong's top-tier skyscrapers. However, no company signage or related information for CLC was found on the exterior of the building.

The verification personnel entered the building lobby, stated their purpose to the security or staff, and after communication, obtained permission to enter.

However, after entering the building, no directory listing for CLC was found. Inquiries at the front desk revealed that the staff had not heard of this company. Furthermore, access to the relevant floor required a keycard. Due to the inability to obtain permission and the access control restrictions, the verification personnel could not reach the specific floor to confirm the exact location, could not enter the company's premises, were unable to photograph the front desk, and the office was not a co-working space.

Through the public area, further observation was impossible due to the access control, preventing any assessment of the company's internal office environment. The overall situation did not meet the expectation of the company's existence at this address.

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

Conclusion

The on-site investigator visited the forex broker CLC in Hong Kong, China as planned. At the publicly displayed business address, no information such as the broker's company name could be seen, 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.