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 AJS as planned according to its regulatory address that Unit 501, 5/F, Tower 1, Admiralty Centre, No. 18 Harcourt Road, Admiralty, 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 AJS at Admiralty Centre in Admiralty, Hong Kong.

Admiralty, as Hong Kong‘s core financial and business district, is densely populated, surrounded by financial institutions, high-end office buildings, restaurants, and residential areas, with a strong commercial atmosphere. The target building, Admiralty Centre Tower 1, is a modern commercial complex with a clean exterior and glass curtain walls that highlight its upscale business aesthetic. Upon arrival, the investigators first confirmed that no AJS signage was displayed in prominent locations on the building’s exterior and then proceeded inside for further verification.

The inspection team easily accessed the ground-floor lobby, where the digital directory clearly listed Unit 501 on the 5th floor as a shared office for three companies including “AJ International Holdings Limited,” “AJ Securities Limited,” and “AJ Asset Management Limited.”

To gather more comprehensive information, the investigators proceeded to the 5th floor. Upon arrival, the team noted that the corridor and common areas were well-maintained and quiet. Outside Unit 501, an independent sign was displayed, and the glass door clearly featured the bilingual (Chinese and English) company name of AJS along with its corporate logo, matching the registered entity “AJ Securities Limited.”

Although the inspection team observed the internal office space through the glass door, no further photographs of the interior could be taken due to lack of access permission.

Through the on-site investigation, it is confirmed that AJS maintains a physical presence at the above address.

Conclusion

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

Disclaimer

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