Financial Network reported on September 1 that the crackdown on the stock market has made important progress again.
According to the Shenzhen Securities Regulatory Bureau, recently, the Shenzhen Securities Regulatory Bureau and the public security organs launched a joint operation to successfully investigate and deal with a major case of manipulating the securities market with hats. They arrested 14 major criminals in Guangdong, Hubei, Henan and other places in one fell swoop. Seven of them have been approved for arrest and four of them have been released on bail. The main criminal in the case, "Niu San", is a habitual criminal. From November 2019 to June 2021, he colluded with several black-mouthed gangs through several intermediaries and used live broadcast rooms and WeChat groups to lure investors to buy more than 70 stocks at high prices. The reverse selling amount was as much as more than 2 billion yuan and illegal profits exceeded 200 million yuan, which was suspected of robbing the hat and manipulating the securities market.
Earlier, the well-known "Niu San" Fang Yizhong and his gang were officially arrested by Zhejiang Jinhua Public Security Bureau. According to media reports, Fang Yizhong has joined forces with "Black Mouth" many times in the past two years, suspected of manipulating more than 70 stocks by "grabbing hats". He made illegal profits of more than 200 million yuan in the range from November 2019 to June 2021 alone. On August 27 this year, seven suspects, including Fang Yizhong, were approved for arrest.
It is reported that Fang Yizhong was born in 1968 and is 53 years old. Fang Yizhong began to trade stocks in the 1990s. The model of building positions in advance, impersonating the name of "analysts", and then selling in reverse was a common method for making profits many years ago.
focuses on cracking down on eight types of violations
Regarding black mouth and other behaviors, relevant state departments have been actively taking action.
National Cyberspace Administration of China official microscope "Internet Information China" reported on August 27 that the National Cyberspace Administration of China decided to carry out special rectification of the illegal registration and editing of Qinglang Commercial Website Platform and "self-media" from August 27.
Relevant responsible persons of the Cyberspace Administration of China introduced that this special rectification focuses on four types of online communication subjects such as financial "self-media" accounts, major public account platforms, major commercial website platforms, financial sections, and major financial information platforms, and focuses on cracking down on eight types of violations:
1. It is a non-speaking, distorting and interpreting our financial policies and macroeconomic data, maliciously sings our financial market, and slandering the Chinese economy.
2. It is a non-standard and unjustified reprinting and distorting reports and comments about the overseas distorting and interpreting hot topics in the financial field, etc.;
3. It is a spreading "good news", and exaggerating and hyping in the name of so-called "revealing", "main-the-money", "exclusive revelation", and "insiders" that even spread rumors;
3. l04: When reprinting the compliant draft source financial news information, malicious tampering, taking out of context, and one-sided distortion are done by "title party";
5: acts as a "black mouth" of finance, maliciously shorting or raising the price of stock , speculating on regional real estate market fluctuations, disrupting normal market order;
6: speculation on negative information to threaten, intimidate, extort relevant stakeholders, seek illegal benefits;
7: speculation on vicious social events and negative extreme events, inciting tragedy, anxiety, panic and other emotions, and to promote so-called "financial business courses", various insurance products, etc.;
8: failure to strictly implement the identity authentication procedures, impersonate and abuse the staff of the financial authorities or experts and scholars to open financial columns and accounts.
Major platforms have launched rectification actions
WeChat has carried out rectification of illegal registration and release of financial information. The platform will fully implement the special rectification requirements, strictly follow the relevant requirements of Internet news information service licensing and other relevant requirements, and publish financial information in accordance with the law and regulations; it will adhere to the correct value orientation and effectively fulfill the main responsibility of the platform. For financial "self-media" accounts that act as "black mouth", extortion, and have strong social reactions, once discovered, the platform will seriously investigate and punish and ban them as soon as possible.
Weibo stated that a special rectification campaign was carried out for financial violations. During the special rectification period, the platform will severely crack down on financial and economic violations, deal with illegal accounts strictly and severely, and timely release announcements to the public to announce the illegal accounts to be dealt with. In the next step, Weibo will actively guide the construction of a healthy and orderly network environment.
This afternoon, Weibo announced the first batch of financial self-media illegal accounts, and dealt with 52 accounts including @Mike Chen and @Maimati X, including 2 accounts with more than one million fans, 25 accounts with 100,000 fans to one million fans, and 20 accounts with 100,000 fans to one million fans.
Today's Toutiao stated that a special rectification campaign for financial content will be carried out. We will focus on rectifying illegal release of financial news, distorting and interpreting economic policies, sing negative and shorting financial markets, acting as a "black mouth" to attract attention, spread rumors, and extortion, and purifying the Internet environment.
This article is from the Financial Network
