Purpose

The Hong Kong, China foreign exchange market is an international foreign exchange market that developed after the 1970s. As one of the international financial centers, Hong Kong's foreign exchange market is characterized by active trading, strong liquidity, and a rich variety of trading products. It occupies an important position in foreign exchange trading in the Asian region, connecting to the global foreign exchange market. 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 a field visit.

Process

This time, the on-site inspection team went as planned to Hong Kong, China, to conduct a field visit to the forex broker GOLDEN 168 GROUP. According to public information, its office address is Room A9, 12th Floor, Yingao International Building, 707 - 713 Nathan Road, Mongkok, Kowloon, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, proceeded according to a well-planned schedule to the Ying'ao International Building at 707-713 Nathan Road, Mong Kok, Kowloon, Hong Kong, China, to conduct a physical verification of the broker GOLDEN 168 GROUP which claimed to be located in Room A9, 12th Floor of this address.

The inspectors successfully arrived at the Ying'ao International Building, located on Nathan Road, Mong Kok, Kowloon, Hong Kong. The surrounding streets are bustling with a strong commercial atmosphere. However, no company signage or related information for GOLDEN 168 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 the building. The directory board inside the building showed information for other companies at this address.

Upon reaching the target floor, the 12th floor, the inspectors found no prominent signage for GOLDEN 168 GROUP in the office area. As no information about the company was found, the inspectors were unable to enter the so-called company's interior. They could not photograph the reception desk or its logo, and the office was not a shared workspace.

From the common areas on the floor, the inspectors could not observe the internal office environment or conditions of the company. Overall, the on-site situation did not match the location claimed by this broker.

Therefore, after the on-site inspection, it was confirmed that broker GOLDEN 168 GROUP does not exist at the aforementioned address.

Conclusion

The on-site investigation team visited the forex broker GOLDEN 168 GROUP at its publicly displayed business address in Hong Kong, China as planned, but was unable to see the broker's company name or other information 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.