Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. The Hong Kong foreign exchange market has no fixed venue, and market participants conduct foreign exchange transactions through various modern communication facilities and computer networks. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Ever-long in Hong Kong, China as planned. According to public information, its office address is Rooms 1101-02 and 1111-12, 11th Floor, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, traveled to Hong Kong, China according to a well-planned schedule. Based on the aforementioned information, they conducted a physical visit to the broker Ever-long.

The inspectors proceeded to the address at Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong, to conduct an on-site verification of the broker Ever-long which claimed to be located at this address.

The inspectors successfully arrived at Wing On Centre, located on Connaught Road Central in Sheung Wan, Hong Kong. The surrounding area is bustling with a strong commercial atmosphere. However, no company signage or related information for this firm was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security personnel. After brief communication, they were granted permission to enter.

Upon reaching the target floor, the 11th floor, the inspectors found that the directory board displayed information for other companies, with no clear signage indicating the office area for Ever-long. Upon inquiry, staff members stated that there was no such company. Due to the lack of information about the company, the inspectors could not enter the premises, were unable to photograph the reception area or logo, and the floor was not a co-working space.

From the public areas on the floor, the inspectors could not observe the so-called company's internal environment or other conditions. The overall situation did not match its claimed positioning.

Therefore, after the on-site inspection, it was confirmed that the broker Ever-long does not exist at the above address.

Conclusion

The on-site inspection team visited the forex broker Ever-long at its publicly displayed business address in Hong Kong, China as planned, but was unable to see any information such as the broker's company name at the location, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the sole basis for final decision-making.