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, high liquidity, and a rich variety of trading products. It occupies an important position in foreign exchange trading in Asia and even globally. 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

In this issue, the on-site inspection team visited the forex broker Greater Bay Group in Hong Kong, China as planned. According to public information, its office address is Room 804, 794-802 Nathan Road, Prince Edward, Kowloon, Hong Kong Special Administrative Region.

A professional and experienced on-site verification team, driven by a sense of mission to strictly vet for investors, proceeded according to a meticulous plan to the address at 794-802 Nathan Road, Prince Edward, Kowloon, Hong Kong Special Administrative Region, China, to conduct a physical verification of the dealer Greater Bay Group which claims to be located in Room 804 at this address.

The verification personnel successfully arrived at the target building. The location is in Prince Edward, Kowloon, Hong Kong, with a relatively bustling surrounding environment and a strong commercial atmosphere. However, the company's logo or any related information was not found on the exterior of the building.

The verification personnel entered the building lobby and stated their purpose to the security guard. After brief communication, they obtained permission to enter. The directory board inside the building showed information for other companies at this address.

Upon reaching the target floor, the 8th floor, the verification personnel found no clear signage indicating the office area of Greater Bay Group. As no information or guidance related to the company was found, the verification personnel could not enter the so-called interior. Furthermore, they could not photograph a reception desk; the office was not a shared office space.

Through the public areas on the floor, the verification personnel also failed to observe any internal environment or other aspects related to the company. The overall situation did not match its claimed positioning.

Therefore, after the on-site verification, it was confirmed that dealer Greater Bay Group does not exist at the aforementioned address.

Conclusion

The on-site inspection team visited the forex broker Greater Bay Group 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 opinions are for reference only and should not be used as the sole basis for final selection.