Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed in the 1970s. As one of Asia's important financial centers, its foreign exchange market features characteristics such as active trading, strong liquidity, and a rich variety of trading products. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, the on-site inspection team went to Hong Kong, China for on-the-ground visits.

Process

In this issue, the on-site inspection team visited the forex broker Glory Sky Group in Hong Kong, China as planned. According to public information, its office address is Room 713, 7/F, Grand Millennium Plaza, 181 Queen's Road Central, Hong Kong, 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 meticulous plan to New Century Plaza at 181 Queen's Road Central, Hong Kong, China, to conduct a physical verification of the broker Glory Sky Group which claimed to be located in Room 713 on the 7th floor of this address.

The inspectors successfully arrived at New Century Plaza. The location is situated in Hong Kong's bustling commercial center, with a prosperous surrounding environment and a strong business atmosphere. However, no company signage or relevant information for Glory Sky Group was found on the exterior of the building.

The inspectors entered the building lobby and stated their purpose to the security personnel. After brief communication, they obtained permission to enter.

Upon reaching the target floor, the 7th floor, the inspectors found no clear signage for Glory Sky Group's office area, nor any related security measures. As no information about this broker was found, the inspectors were unable to enter the interior, failed to photograph the target company's reception area and its LOGO, and noted that the office was not a shared workspace.

Through the floor corridors, the inspectors were also unable to observe the internal environment of the so-called company and found no information whatsoever about this broker, leading to the judgment that it is false.

Therefore, after the on-site inspection, it was confirmed that broker Glory Sky Group does not exist at the aforementioned address.

Conclusion

The on-site investigator visited the forex broker Glory Sky Group at its publicly displayed business address in Hong Kong, China, as planned, but could not find any information such as the broker's company name, 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.