A Visit to Open Securities in Hong Kong - Office Found

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 Open Securities as planned according to its regulatory address that Room 3203– 3204, The Gateway Tower 6, 9 Canton Road, Tsim Sha Tsui, Hong Kong.

The investigators arrived at The Gateway of Harbour City in Kowloon, Hong Kong for a visit to the broker‘s office on December 7, 2023. With a fabulous location in a prime tourism and commercial district in Tsim Sh Tsui, the commercial building boasts an ideal view of Victoria Harbor. Additionally, adjacent to bus station and ferry terminal, the tower is easily accessible by public transport within 8-minute walking distance from Tsim Sha Tsui Station or East Tsim Sha Tsui Station of MTR. There’s a steady stream of people on the nearby street in a clean and tidy surrounding environment.

Upon access to the building for further investigation, the survey personnel located the renowned shopping mall of Harbour City on the ground floor home to various the worlds top brand outlets.

And then the survey team proceeded to the 32th floor via the lift, and discovered from the floor directory that room 3203–3204 were occupied by “Open Securities Limited”, “Open Asset Management Limited”, and “Open Wealth Management Limited”.

The company name and logo of Open Securities and the related company under the same group could be clearly seen at the entrance of unit 3203–3204. Unfortunately, taking photos in the office wasnt available due to the access system. Therefore, the exact business size is unknown.

Through an on-side investigation, it is confirmed that the company has a physical presence at the location.

Conclusion

The survey team went to Hong Kong to visit broker Open Securities as scheduled, and found the companys name at its regulatory address. This indicates that the broker has 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.