Purpose

The Hong Kong foreign exchange market in China has developed into an international forex market since the 1970s. As one of the world's major financial hubs, the Hong Kong forex market holds a pivotal position in global forex trading, thanks to its high degree of openness, vibrant trading environment, and robust financial regulatory framework. To assist investors and professionals in gaining 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 CGL in Hong Kong, China as scheduled. According to public information, its office address is Unit 1307 Level 13 Cyberport 2, 100 Cyberport Road, 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 trader CGL purportedly located at Unit 1307 Level 13 Cyberport 2, 100 Cyberport Road, Hong Kong.

The inspection personnel successfully arrived at the target building, which is located on Cyberport Road. Due to the absence of an office, no effective observation of the surrounding environment was conducted. No company signage or related information was found on the exterior of the building.

The field investigator entered the building lobby, explained their purpose to the security personnel, and after communication, obtained permission to enter.

Upon arriving at the target floor, the 13th floor, the field investigator found that the building's internal directory displayed information for other companies, and the office area was also occupied by other firms, with no visible signage for CGL. Since the broker in question does not actually exist at this location, the investigator was unable to enter the premises, take photos of the reception area or its logo, and confirmed that this is not a shared office space.

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

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

Conclusion

The on-site inspection team visited the forex broker CGL at its publicly displayed business address in Hong Kong, China as planned. However, no information such as the broker's company name was found at the location, 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 selection.