Purpose

The Hong Kong foreign exchange market in China developed into an international forex market after the 1970s. As one of the global financial centers, Hong Kong's forex market is characterized by active trading, strong liquidity, and a diverse range of trading products, holding a significant position in both Asian and global forex markets. 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 YSHX in Hong Kong, China as planned. According to public information, its office address is 'NO:2 - 16 HAOJINGSHANGYEZHONGXIN 2304 SHI HongKong'.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet investments for investors, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the trader YSHX claiming to be located at this address.

Upon arriving at the destination, it was found that the surrounding area is primarily residential with restaurants, featuring a mixed-use model of a shopping mall and office building. The mall is quite small, mainly selling game discs or toys, while the office building houses small companies. Overall, the commercial atmosphere in the vicinity is average. No signage or relevant information about the company was found on the exterior of the building.

The surveyor entered the building lobby and, after explaining their purpose to the security guard, obtained permission to enter. Inside the building, no signage for the company was found.

Upon arriving at the target floor (23rd floor), the field investigator found no YSHX signage in the office area, nor any relevant security measures. Since the company's office space was not located in the first place, it was impossible to enter the interior, and no photos could be taken of the reception area or its logo. Additionally, this office area was not a shared workspace.

Through the common areas of the floor, the company's office space was not found, making it impossible to observe the internal environment and other conditions of the company. Therefore, after the on-site inspection, it was confirmed that the broker YSHX does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker YSHX in Hong Kong, China as planned, but could 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 opinions are for reference only and should not be taken as the final basis for decision-making.