Reason for this visit
Hong Kong stock market is a diversified financial market including stock trading, bond issuance, fund management, and more. It has experienced rapid development and attracted a large number of investors and traders. Currently, Hong Kong stock market has become one of the most active stock markets in Asia, attracting investors from around the world. In Hong Kong stock market, investors can participate through various means, including direct stock purchases, trading through brokers or investment banks, and participating in the buying and selling of exchange-traded funds (ETFs) on the stock exchange. Brokers are an integral part of Hong Kong stock market, providing professional investment advice, trading services, risk management, and more to help investors achieve asset appreciation. At present, there are numerous stock brokers in Hong Kong, with some large brokers having a significant market share and a substantial customer base. These brokers provide various trading platforms and software to facilitate stock trading for investors. Additionally, some brokers offer financing services to help investors expand their investment scale. Overall, Hong Kong stock trading market and stock brokers are very active, attracting investors and traders from around the world. As the market continues to develop, investors will have more opportunities to participate and achieve good investment returns. To provide investors with a more comprehensive understanding of the current situation of brokers in Hong Kong, WikiFX survey team decides to go to the country for on-site visits to local companies.
On-site visit
In this issue, the survey team went to Hong Kong to visit broker Tai Shing Stock as planned according to its regulatory address that 706 Kwong Wah Plaza, 11 Tai Tong Rd., Yuen Long, New Territories.
The investigators arrived at Kwong Wah Plaza at 11 Tai Tong Road in Yuen Long, Hong Kong on December 6, 2023. Adjacent to a busy street, the commercial building is located in a prime commercial area easily accessible by public transport including MTR and others. There are various types of stores on the ground floor of the building with different shops, restaurants, banks, and department stores nearby on a street teeming with people.
After accessing the building, the survey personnel spotted lobby and floor directories, which displayed the information concerning Tai Shing Stock, and found the companys reception area in room 706, with the company name printed on a paper stuck on the door of its open office.
Through an on-side investigation, it is confirmed that Tai Shing Stock truly has a physical presence at the location.
Conclusion
The survey team went to Hong Kong to visit broker Tai Shing Stock as scheduled, and found the companys name at its regulatory address. This indicates that the broker does have a physical business office at the place. Meanwhile, investors are advised to make an informed decision following an overall consideration.
Disclaimer
The content is used for informational purpose only, and shall not be taken as a final order for making a choice.
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