Zhongxin Finance, April 4. Recently, Shenzhen Securities Regulatory Bureau issued a decision on ordering corrective measures against China Merchants Securities Co., Ltd.

After investigation, China Merchants Securities had problems such as imperfect change management, untimely and in-place emergency response in the cybersecurity incident on March 14, 2022.

In this regard, Shenzhen Securities Regulatory Bureau decided to take administrative supervision measures against China Merchants Securities to order corrections.

  Shenzhen Securities Regulatory Bureau stated that China Merchants Securities should further strengthen the overall planning of the construction of important information systems, fully understand the system structure and internal operating mechanism, strengthen research and development, testing, online, upgrade and change, and operation and maintenance management, improve emergency response mechanisms, and protect key positions. The professional ability and quantity configuration of the information system ensure the safe and smooth operation of the information system; at the same time, China Merchants Securities should carry out internal accountability of the responsible personnel for this incident.

China Merchants Securities should complete the above rectification work within 3 months and submit a rectification report to our bureau.

  After the opening of the Shanghai and Shenzhen stock markets on the morning of March 14, some netizens reported that there was a system failure in the China Merchants Securities trading system, including problems such as the inability to trade on the trading page and the inability to withdraw.

"China Merchants Securities has collapsed" has therefore become a hot search on Weibo.

The representative of China Merchants Securities Securities replied to the media that there was a problem with the trading system that morning.

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