Reason for this visit

The international forex market in Hong Kong has been developing since the 1970s. Due to the removal of forex control in Hong Kong since 1973, there has been a large inflow of international capital, and an increasing number of financial institutions operating forex business have mushroomed. The forex market has become more and more active, developing into an international forex market. Hong Kong forex market is an invisible market without a fixed trading venue. Traders conduct forex transactions through various modern communication facilities and computer networks. Hong Kongs geographical location and time zone conditions are similar to those of Singapore, making it very convenient to trade with other international forex markets. Participants in Hong Kong forex market are mainly commercial banks and financial companies. There are three types of forex brokers in this market: local brokers, whose business is limited to Hong Kong; international brokers who have expanded their business to the Hong Kong forex market since the 1970s; international brokers that grow locally and has expanded their business to forex markets abroad. In an attempt to help investors or practitioners gain a more comprehensive understanding of current status of forex brokers in Hong Kong, WikiFX survey team determines to pay on-site visits to local companies.

On-site visit

In this issue, the survey team went to Hong Kong, China to visit broker Shenwan Hongyuan as planned according to its regulatory address that Level 6, Three Pacific Place, 1 Queen's Road East, Hong Kong.

A seasoned and professional inspection team, committed to safeguarding investor interests, conducted a meticulously planned on-site verification of the prominent forex broker Shenwan Hongyuan in Hong Kong. The target address for this inspection was 6/F, Three Pacific Place, 1 Queens Road East, Wan Chai, Hong Kong.

Upon arrival, the team confirmed the location to be situated in a thriving financial and commercial district, with high pedestrian traffic—a favorable environment for business operations and client acquisition. The building, located in Wan Chais core financial hub, is surrounded by financial institutions, upscale dining, and educational facilities, contributing to its vibrant commercial atmosphere. The modern glass-curtained high-rise stands over 20 stories tall, serving as a landmark in the area.

The team proceeded to the building lobby, where they first checked the directory board. The board listed “Shenwan Hongyuan (International) Group Limited” on the 4th floor, but no company information was displayed for the 6th floor—a discrepancy that raised initial concerns. To clarify, the team proceeded to the 6th floor for further verification.

Upon reaching the 6th floor, the inspectors observed clear “Shenwan Hongyuan” signage and corporate logo on the glass doors of the office, confirming the companys presence at the stated address. Notably, the floor lacked a dedicated reception area, and the glass doors were locked, preventing direct access to the interior. As a result, the team failed to photograph the reception area or company logo, and could not assess the internal office environment, room layout, or workstation count.

However, based on visible signage and preliminary verification, the inspection team confirmed that Shenwan Hongyuan maintains an office at the provided address, despite the incomplete directory listing.

Through the on-site investigation, it is confirmed that the broker has a physical presence at the location.

Conclusion

The survey team went to Hong Kong, China to visit broker Shenwan Hongyuan as scheduled, and found the company at its regulatory address. It denotes that the broker has a physical business office at the place. Meanwhile, investors are advised to make a well-considered decision following much deliberation.

Disclaimer

The content is for informational purpose only, and shall not be taken as a final order for making a choice.