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, the Hong Kong forex market features active trading, well-established systems, and stringent regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the team conducted on-site visits in Hong Kong, China.

Process

This month, the team is scheduled to visit the forex brokerFengSheng in Hong Kong, China for an on-site inspection. According to publicly available information, their office address is Room 09, 10th Floor, Wing On Plaza, 62 Mody Road, Tsim Sha Tsui, Kowloon.

A professional and experienced team, driven by a sense of mission to rigorously safeguard investors' interests, followed a meticulous plan to conduct an on-site verification of the trader FengSheng purportedly located at 62 Wing On Plaza, Mody Road, Tsim Sha Tsui, Kowloon, Hong Kong, China.

The team has successfully arrived at Wing On Plaza, a location surrounded by a bustling environment with a strong commercial atmosphere. However, no signage or relevant information about the company was found on the exterior of the building.

The team entered the building lobby and stated their purpose to the security personnel. After a brief communication, they obtained permission to enter the building. The directory inside the building showed information indicating it was another company's premises.

Upon arriving at the target floor (10th floor), the team found no clear signage indicating the office area of FengSheng. When they reached Room 1009, they discovered it was occupied by another company unrelated to FengSheng. Since the office belonged to another company, the team could not enter the premises. Additionally, they were unable to photograph the reception area or its logo, confirming that the office was not a shared workspace.

Through the glass door, one can see the office scenes of other companies inside. The overall environment has no connection with the positioning claimed by FengSheng, casting doubt on its authenticity.

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

Conclusion

The team visited the foreign exchange trader in Hong Kong, China as planned, FengSheng, but found no information such as the company name displayed at its publicly listed business address, indicating that the trader does not have a genuine operational 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.