Purpose

The Hong Kong foreign exchange market in China is an international forex market that developed in the 1970s. As one of the global financial centers, Hong Kong's forex market is characterized by active trading, strong liquidity, and well-established regulation. To help investors or practitioners gain 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 KAM HOO LUEN in Hong Kong, China as scheduled. According to public information, its office address is located on the 52nd floor of Two International Finance Centre, 8 Finance Street, Central, Hong Kong.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously vet for investors, meticulously planned and proceeded to 8 Finance Street, Central, Hong Kong, China—the International Finance Centre Phase 2—to conduct an on-site verification of the trader KAM HOO LUEN claiming to operate at this address.

The inspection personnel successfully arrived at Two International Finance Centre, located on Finance Street in Central, Hong Kong, surrounded by a bustling environment with a strong commercial atmosphere. However, no company signage or related information of KAM HOO LUEN was found on the exterior of the building.

The surveyor entered the building lobby and explained their purpose to the security or staff. After communication, they obtained permission to enter. Inside the building, the floor directory displayed other companies instead of the expected ones.

The surveyor inquired about the situation of KAM HOO LUEN with the front desk on the floor, but the front desk staff indicated they were unaware. Due to this circumstance, the surveyor was unable to enter the interior and could not take photos of the front desk or its logo. Additionally, this floor is not a shared office space.

Through the common areas of the floor, the on-site inspector was unable to observe the internal environment of the so-called KAM HOO LUEN company. Overall, this situation does not align with the positioning claimed by the broker.

Therefore, after on-site verification, it is confirmed that the broker KAM HOO LUEN does not exist at the above address.

Conclusion

The on-site investigator visited the forex broker KAM HOO LUEN in Hong Kong, China as planned. The broker's company name and other information were not found 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 used as the sole basis for final decision-making.