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, a significant influx of international capital occurred, leading to a continuous increase in financial institutions engaged in forex operations. As the market grew increasingly active, it gradually evolved into an international forex hub. To assist investors or practitioners in gaining 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 Aevitas in Hong Kong, China as planned. According to public information, its office address is Room B26, 6th Floor, Crown Building, 50 Hung To Road, Kwun Tong, 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 trader Aevitas claiming to be located at Room B26, 6th Floor, Crown Building, 50 Hung To Road, Kwun Tong, Hong Kong.

The inspection personnel successfully arrived at Crown Tower, located on Hung To Road in Kwun Tong, Hong Kong. The surrounding area is relatively bustling with a strong commercial atmosphere. However, no company signage or related information for Aevitas 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 building.

Upon arriving at the target floor (6th floor), the field investigator found that the office area of Aevitas had no clear signage or security measures. However, since the specific location of the company could not be identified on the floor, entry into the interior was not possible. Additionally, it was not possible to photograph the reception desk or its logo, and the office area was not a shared workspace.

Through the common areas of the floor, the inspector was unable to observe the internal environment of the company and other conditions, and judged it to be false. Therefore, after the inspection, it was confirmed that the dealer Aevitas does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker Aevitas in Hong Kong, China as planned, but found no 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.