Purpose

The Hong Kong foreign exchange market in China is an international forex market that developed after the 1970s. As one of the global financial centers, Hong Kong boasts an active forex market, sound regulations, and a large number of participants. 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 Zdann in Hong Kong, China as planned. According to public information, its office address is Room D, 9/F, Yu Hing Mansion, No 57 Bonham Strand West, Sheung Wan, 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 the target area in Hong Kong, China, to conduct an on-site verification of the dealer claiming to be located at Room D, 9/F, Yu Hing Mansion, No 57 Bonham Strand West, Sheung Wan, Hong KongZdann.

The inspection personnel successfully arrived at the target building, located at 57 Bonham Strand West, Yu Hing Building, Sheung Wan, Hong Kong, China. The surrounding streets are quite lively with a strong commercial atmosphere. However, no signage or relevant information of Zdann company was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security guard. After a brief communication, they obtained permission to enter the building. The company's information was not listed on the directory inside the building. Upon inquiring with the security guard, they were informed that no such company existed.

Although the surveyor still reached the target floor (9th floor), they found no visible signage for Zdann company in the office area, nor any security measures. As a result, they were unable to enter the interior. Additionally, they failed to capture images of the reception desk or its logo. This office space is not a shared workspace.

Through the public areas of the floor, the internal environment of the company could not be observed, leading to the conclusion that it is false.

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

Conclusion

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