Keystone International Markets: not on the directory at WANG FAI INDUSTRIAL BUILDING

What the team found

Keystone International Markets publishes ROOM 8, 11/F, WANG FAI INDUSTRIAL BUILDING, 29 LUK HOP STREET, SAN PO KONG, KL HONG KONG as its office. The address is in Hong Kong. There was no signage for the company on the building. The team were let into the lobby, and the directory that lists the occupiers did not include the company.

The team recorded that Keystone International Markets could not be found at the address it publishes.

The checks

The checks that decided this outcome, from the visit checklist.

Who else uses this address

6 other brokers in this set publish an address on F Wang Fai Industrial Building. When that many financial firms name one building, it is usually a registered-office or mail-forwarding service, and an address of that kind tells you where the post arrives rather than where anyone works.

Across the 6 other visits to that address, the team found nothing 5 times and could not get access once. Among them are SHANGQUAN, Wintersnow Limited and Athenaplace Finance Ltd.

This visit ended the same way as most of the others, which is what makes the address worth noting rather than this broker in particular.

What the published address commits to

Keystone International Markets publishes a floor and a room rather than only a building, which is the more checkable kind of address: it can be walked to and either holds the company or does not.

What Hong Kong looks like across the set

Hong Kong accounts for 535 of the addresses the team has visited. Across the 534 other visits to the city, the team confirmed an office 138 times, found nothing 153 times and could not get access 243 times.

The reports either side of this one in Hong Kong are KGI, Kin Fong and KING FINANCIAL SERVICES, and reading two or three together is usually more telling than any single visit.

This report follows the pattern for Hong Kong.

Reading the checks together

In short, the building was the one the address names, there was no sign for the company outside, it was not in the building directory and reception had nothing for it. No single check settles an outcome on its own, which is why each one is listed above rather than folded into a verdict.

What this outcome means

Office not found. The researcher could not identify the broker or relevant entity at the stated address.

A field survey confirms only what was observed at the stated address and time. It does not verify regulatory status, client-money handling, trading conditions or financial strength. The photographs are the team's own, taken at the location on the day, and may be cropped for privacy. Read how surveys are conducted.

If you represent Keystone International Markets and believe this report is wrong, send a response and it will be published beside the report.