Purpose

The Hong Kong foreign exchange market in China developed into an international forex market in the 1970s. As one of the global financial centers, it is characterized by active trading, strong liquidity, and numerous participants. With a rich historical background, it holds a significant position in Asian forex trading. 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 Cang limited in Hong Kong, China as planned. According to public information, its office address is ROOM 32, 11/F, LEE KA INDUSTRIAL BUILDING, 8 NG FONG STREET, SAN PO KONG, KL, 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. Based on the aforementioned information, they conducted an on-site visit to the dealer Cang limited.

The field investigator proceeded to the target area based on the address information to conduct an on-site verification of the trader claiming to be located at ROOM 32, 11/F, LEE KA INDUSTRIAL BUILDING, 8 NG FONG STREET, SAN PO KONG, KL, HONG KONGCang limited.

The inspection personnel successfully arrived at the target building, which is an old industrial building located in a specific geographical area of Hong Kong, China. The surrounding environment does not exhibit a strong commercial atmosphere and appears rather ordinary overall. No signage or relevant information related to 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, was granted entry permission.

Upon arriving at the target floor (11th floor), the field investigator found no clear signage for Cang limited's office area, nor any relevant security measures. Since there were no visible signs of the company's presence, entry into the interior was impossible. Additionally, it was not possible to photograph the reception desk or its logo, and the space was not a shared office.

Through the floor passage, as no office area of the company was found, it was also impossible to observe the internal environment of the company. Overall, it is completely inconsistent with the situation claimed by the trader.

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

Conclusion

The on-site investigator visited the forex broker Cang limited 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 views are for reference only and should not be considered as the final basis for selection.