Purpose

The foreign exchange market in Hong Kong, China, developed in the 1970s as an international forex market. As one of the global financial centers, the Hong Kong forex market is characterized by active trading, strong liquidity, and a diverse range of trading products, holding a significant position in the Asian and even global forex markets. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an inspection team conducted on-site visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Zhongpu International Futures in Hong Kong, China as planned. According to public information, its office address is Unit 7, 23/F, Paul Y. Centre, 51 Hung To Road, Kwun Tong, 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 broker claiming to be located at Unit 7, 23/F, Paul Y. Centre, 51 Hung To Road, Kwun Tong, Hong Kong Zhongpu International Futures.

The inspection personnel successfully arrived at Paul Y. Centre, located at 51 Hung To Road, Kwun Tong, Hong Kong. The surrounding area is relatively bustling with a strong commercial atmosphere. No signage or relevant information of the company was found on the exterior of the building.

The inspector entered the building lobby and explained their purpose to the security or staff. After communication, they obtained permission to enter. On the directory inside the building, this address displayed information for another company. Upon inquiring at the front desk, they were informed that the company in question was not present.

Upon arriving at the target floor (23rd floor), the field investigator found that the office area had no visible signage or security measures for Zhongpu International Futures, and it belonged to another company. Since there were no signs of the target company, the investigator could not enter the premises, nor could they photograph the reception area or the company logo. Additionally, the office was not a shared workspace.

Through the common areas of the floor, the inspector was unable to observe the internal environment of the company, and the overall situation does not match its claimed positioning.

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

Conclusion

The inspection team visited the forex broker Zhongpu International Futures 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 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.