Purpose

The Hong Kong, China foreign exchange market is an international forex market that developed in the 1970s. As one of the important international financial centers, its forex market is characterized by active trading, strong liquidity, and sound regulation. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team conducted field visits in Hong Kong, China.

Process

The on-site inspection team visited the forex broker Zhonghaiqihuo in Hong Kong, China as planned. According to public information, its office address is 16-18 Queen's Road Central, Central, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to strictly vet for investors, proceeded according to a well-planned schedule to 16-18 Queen's Road Central, Central, Hong Kong, China, to conduct a physical verification of the trading firm Zhonghaiqihuo which claims to be located at this address.

The inspectors successfully arrived at the target building. The location is in the core area of Central, Hong Kong, with a bustling surrounding environment and a strong commercial atmosphere. However, no signage or any relevant information related to the trading firm Zhonghaiqihuo was found on the exterior of the building.

The inspectors entered the building lobby and, after stating their purpose to the security personnel, successfully obtained permission to enter. The company's information was not listed on the directory board inside the building.

Upon reaching the target floor, the inspectors found no clear signage indicating the office area of Zhonghaiqihuo, nor any related security measures. As no information about the company was found within the building, the inspectors were unable to enter the company's interior. Furthermore, this office area was not a shared workspace either.

Through the glass door, as entry into the company's interior was not permitted, the inspectors could not observe the internal environment or other conditions of the company. Overall, no information related to this trading firm was found at this address, which does not align with its claimed location of operation.

Therefore, after the on-site inspection, it is confirmed that the trading firm Zhonghaiqihuo does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker Zhonghaiqihuo at its publicly displayed business address in Hong Kong, China, as planned, but could not find information such as the broker's company name at the location, indicating that the broker does not have a genuine business premises. Investors are advised to make their choice after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be used as the final basis for selection.