Purpose

The Hong Kong foreign exchange market in China developed into an international forex market after the 1970s. Following the abolition of foreign exchange controls in Hong Kong during the 1970s, large inflows of international capital and the increasing number of financial institutions engaged in forex operations have made the market increasingly active, gradually evolving into an international forex hub. 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 AMBRY in Hong Kong, China as scheduled. According to public information, its office address is RM8, 11/F, WANG FAI IND BLDG, 29 LUK HOP ST, SAN PO KONG, KLN 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. Based on the aforementioned information, they conducted an on-site visit to the dealer AMBRY.

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 RM8, 11/F, WANG FAI IND BLDG, 29 LUK HOP ST, SAN PO KONG, KLN HONG KONGAMBRY.

The inspection personnel successfully arrived at the target building, which is located in the relevant area of Hong Kong, China. No company logo or related information was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security personnel. After 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 AMBRY had no clear signage or security measures. Since there were no visible signs of the company's presence, the investigator was unable to enter the premises. They could not photograph the reception area or the logo at the front desk, and the office was not a shared workspace.

Through the common areas of the floor, the inspectors were unable to observe the internal environment of the company and other conditions. The overall situation does not match the claimed positioning of having this office address.

Therefore, after on-site verification, it has been confirmed that the dealer AMBRY does not exist at the above address.

Conclusion

The inspection team visited the forex broker AMBRY at its publicly displayed business address in Hong Kong, China as planned, but found no 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 considered as the final basis for selection.