In recent years, regulators have adopted a continuous high-pressure crackdown on behaviors involving insider trading of listed companies.
1 On the evening of November 22, Hongya CNC (002833.SZ) issued an announcement stating that on the same day, the company received a notice from Li Maohong, one of the actual controllers, general managers, and Liu Yuhua, one of the actual controllers and directors of the company. It was learned that he received a "Notice of Filing" from China Securities Regulatory Commission on on November 22. The China Securities Regulatory Commission decided to file a case against him for suspected insider trading of A shares a listed company stock .
On the same night, an announcement issued by Haozhi Mechanical and Electrical (300503.SZ) also showed that its chairman Tang Lijun also received a "Notice of Case" from the China Securities Regulatory Commission, pointing out that Tang Lijun is suspected of insider trading of "Haozhi Mechanical and Electrical" stocks.
In addition to the above two companies, many senior executives or shareholders such as Liancheng CNC, China Baoan , Betre, Lingda shares, Ganfeng Lithium , Xinlai Yingcai and other companies have been investigated for suspected insider trading. In addition to insider trading, more than 70 companies in A-shares have been investigated this year, involving illegal disclosure violations, short-term trading, etc.
Supervision is increasing efforts to punish financial crimes and strive to maintain the healthy and stable capital market . Both the regulators and the legislature are increasingly concerned about the sustained and healthy development of the capital market.
At the parallel forum of "Governance System and Financial Stability" annual meeting of Financial Street Forum in 2022, Lin Wenxue, president of the Civil Division of the Supreme People's Court, said that fraudulent issuance, insider trading, and market manipulation are the cancer of the capital market, and we must start to study the issue of civil compensation for insider trading and market manipulation infringement.
Financial Committee of the State Council proposed on July 11 this year that it is necessary to fully implement the "zero tolerance" requirement for illegal and criminal acts in the capital market, continuing the idea of strengthening supervision and investor protection since the second half of last year. Punishing listed companies' violations and strictly enforce market discipline will help guide the standardized operation of listed companies, maintain market order and protect the rights and interests of small and medium-sized investors, and will also help the capital market assist listed companies in giving back to investors and achieve a virtuous cycle under the goal of common prosperity.
At present, problems such as irregular operation and governance of listed companies and low development quality need to be improved urgently.
is currently a critical stage in the sprint for the comprehensive implementation of the registration system . Strict law enforcement and prevention of securities crimes will help create a good market environment.
At the same time, healthy investment targets and stable investors' expectations are the basis for the stable operation of the capital market. It is particularly important for listed companies to work hard to improve their own quality and “practice their internal skills”.
In the long run, the market will better understand and explore the intrinsic value of high-quality enterprises under strict supervision, and the reform of the capital market system with the core of improving the quality of listed companies will be carried out steadily and orderly, creating a healthy capital market ecology.
Under the requirements of the Chinese valuation system, companies that are in line with the strategic direction of national development, the trend of social development, and seek benefits for the public under the goal of common prosperity are expected to achieve positive spiral growth in performance and valuation.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-