Purpose

The Hong Kong foreign exchange market, which developed in the 1970s, is an international forex market and one of the world's important forex trading centers. It is characterized by active trading, high market openness, and a large number of financial institutions. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted a field visit to Hong Kong, China.

Process

The on-site inspection team visited the forex broker Cang Limited in Hong Kong, China as scheduled. According to public information, its office address is Shop 8, 11/F, Wang Fai Industrial Building, 29 Liu Hop Street, San Po Kong, Kowloon, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and traveled to Hong Kong, China, to conduct an on-site verification of the broker Cang Limited claiming to be located at Shop 8, 11/F, Wang Fai Industrial Building, 29 Liu Hop Street, San Po Kong, Kowloon, Hong Kong.

The inspection personnel successfully arrived at the Mong Kok Industrial Building, located in San Po Kong, Kowloon. The surrounding environment is relatively ordinary, with a general commercial atmosphere. No company signage or related information of Cang Limited was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After a brief communication, they obtained permission to enter. The company's information was not listed on the directory inside the building.

Upon arriving at the target floor (11th floor), the field investigator found that the office area of Cang Limited had no clear signage or security measures. Due to the absence of any identifiable information about the company, the investigator was unable to enter the premises. Additionally, they could not photograph the reception area or its logo, and the office space was not a shared workspace.

Through the common areas of the floor, the inspectors were unable to observe the internal situation of the company, and the overall situation did not match its claimed positioning.

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

Conclusion

The on-site inspection team visited the foreign exchange broker Cang Limited 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 used as the final basis for selection.