Purpose

The foreign exchange market in Hong Kong, China, developed in the 1970s as an international financial hub, characterized by active trading, strong liquidity, and stringent regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in the region, an on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Sunny Financial in Hong Kong, China as scheduled. According to public information, its office address is RM 1302 13/F CHEONG K BUILDING 84-86 DES VOEUX ROAD 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 Sunny Financial RM 1302 13/F CHEONG K BUILDING 84-86 DES VOEUX ROAD CENTRAL HONG KONG.

The inspector successfully arrived at the target building, located at 84-86 Des Voeux Road Central, Cheung Kee Building, Central, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. However, no signage or relevant information related to the dealer Sunny Financial 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 obtained permission to enter. However, the company's information was not listed on the directory inside the building.

Upon arriving at the target floor, the 13th floor, the field investigator found that the office area of Sunny Financial had no clear signage or security measures. However, as no information about the broker was discovered, the investigator was unable to enter the premises. Additionally, they could not photograph the reception area or its logo. The office was not a shared workspace.

Through the glass door, the surveyor was unable to observe the internal environment of the company due to the inability to enter, and judged it to be fake.

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

Conclusion

The inspection team visited the foreign exchange broker Sunny Financial at its publicly displayed business address in Hong Kong, China as planned, but did not find any information such as the company name of the dealer, indicating that the dealer 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.