Purpose

The Hong Kong foreign exchange market is a mature offshore forex market that developed in the 1970s. As one of the world's important financial hubs, it features a well-established regulatory system, free cross-border capital flows, and a high concentration of institutions. It is a core base for many forex dealers to conduct business in the Asia-Pacific region. To help investors gain a more comprehensive understanding of the actual operations of forex dealers in the region and avoid investment risks from false business activities, the survey team went to Hong Kong for an on-site visit.

Process

This on-site investigation team planned to visit the forex broker 8VJIN in Hong Kong, China. According to public information, its office address is Room B04, 4th Floor, Phase 2, Tsuen Wan Industrial Centre, 57 Sha Tsui Road, Tsuen Wan, New Territories.

A professional and experienced team, with a sense of mission to strictly safeguard investors, went to Hong Kong, China according to careful planning. Based on the above information, they conducted an on-site visit to the broker 8VJIN.

Based on the address information, the team went to the Sha Tsui Road area in Tsuen Wan, New Territories, and conducted an on-site verification of the broker 8VJIN, which claimed to be located at Room B04, 4/F, Phase 2, Tsuen Wan Industrial Centre, 57 Sha Tsui Road, Tsuen Wan, New Territories.

The team successfully arrived at the Phase 2 building of Tsuen Wan Industrial Centre. This location is in the industrial cluster area on Sha Tsui Road, Tsuen Wan, surrounded mainly by commercial buildings and supporting shops. We successfully captured panoramic photos of the building.

Throughout the search outside the building, no company nameplate or related promotional information bearing the 8VJIN logo was found.

The team entered the first-floor lobby of the building, explained their purpose to the security guard, and after a simple registration and communication, successfully obtained entry permission and were free to access the public areas of the building.

After arriving at the target floor, the 4th floor, the team carefully inspected the entire floor. They found no obvious signage or corresponding security measures in the office area of 8VJIN. Since Room B04 at this address had no company nameplate or any publicly displayed operation information, the team was unable to enter the space. Throughout the process, there was no front desk or front desk LOGO that could be photographed, and the space is not a shared office.

Since unable to enter the corresponding room, the team could not observe the internal environment of the address claimed to be 8VJIN, which completely does not match its publicly claimed positioning of setting up an operational office at that address.
Therefore, after site verification, it is confirmed that the broker 8VJIN does not exist at the above address.

Conclusion

The surveyor went to Hong Kong, China as planned to visit the forex broker 8VJIN. At its publicly displayed business address, the company name and other information of the broker could not be seen, and there was no corresponding company nameplate inside the building. The broker's logo did not appear either inside or outside the building. After inquiring with the security guard, it was learned that the company simply did not exist in the building, indicating that the broker does not have a real business premises. Investors are advised to make prudent decisions after considering multiple sources of information.

Disclaimer

The above content and opinions are for reference only and should not be used as the basis for final decision-making.