Purpose

The Hong Kong foreign exchange market in China has developed into an international forex market since the 1970s. As one of the global financial centers, the Hong Kong forex market is highly active, well-regulated, and strictly supervised, playing a significant role in the Asian and even global forex markets. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the inspection team conducted on-site visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker HKBSYX in Hong Kong, China as planned. According to public information, its office address is "22/F, Phase I International Finance Centre, 1 Hong Kong 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 Hong Kong, China, to conduct an on-site verification of the dealer claiming to be located at "22/F, Phase I International Finance Centre, 1 Hong Kong View Street, Central, Hong Kong"HKBSYX.

The inspection personnel successfully arrived at One International Finance Centre, located in the heart of Central, Hong Kong, surrounded by a bustling environment and a strong commercial atmosphere. However, no company logo or related information of HKBSYX was 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 were granted entry. Inside the building, there was no information about the company on the directory board, nor was the company's logo visible.

During the process of reaching the target floor, the specific location could not be confirmed, and thus the 22nd floor was not reached.

Since it is impossible to reach the target floor, naturally one cannot enter the company's interior, nor can they photograph the reception area and the logo at the front desk. Additionally, this office area is not a shared workspace.

Although the on-site inspectors could not observe the internal environment of the company through the lobby area, the overall situation did not match its claimed positioning, as no information about the company was found within the building.

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

Conclusion

The inspection team visited the forex broker HKBSYX at its publicly displayed business address in Hong Kong, China as planned, but found no information such as the company name of the broker, 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.