China News Service, February 5 (Xinhua) According to the WeChat public account released by the China Securities Regulatory Commission, the stock market has continued to fluctuate recently, and some criminals have made illegal profits and harmed the legitimate rights and interests of investors. The China Securities Regulatory Commission has strengthened the supervision of trading behavior, enriched clue screening methods, and coordinated We arranged special inspections, strengthened "penetrating" transaction monitoring, used multi-dimensional technical means to collect market intelligence, and conducted joint research and judgment with the Ministry of Public Security, uncovering multiple cases of malicious short selling suspected of manipulating the market.
A criminal gang controlled more than 100 securities accounts to manipulate a certain stock, using techniques such as continuous bidding up and reverse trading to affect the stock price, and then waiting for opportunities to clear positions and sell orders, causing the price of individual stocks to crash during the session, continuously falling to the limit, and accumulating sales. 2.7 billion yuan was paid out, and the illegal profits were about 130 million yuan.
The actual controller of an investment institution manipulated the prices of more than 20 stocks by suppressing stock prices, accumulating funds at low levels, and continuously raising prices, causing individual stock prices to fluctuate rapidly, and even extreme market conditions such as "sky and floor" occurred within a day, and illegally profited 140 million from the transactions. Yuan.
A certain criminal took advantage of his financial advantages and spent hundreds of millions of yuan to frequently place false orders for many futures products on the futures exchange, creating false impressions of transactions, deceiving other investors, and taking the opportunity to sell and make a profit of more than 40 million yuan.
The China Securities Regulatory Commission insists on rapid response and resolute investigation and punishment of illegal activities that affect the stable operation of the stock market and damage the legitimate rights and interests of investors. It works with the public security organs to quickly carry out operations to close the network and strictly pursue accountability in accordance with the law.
Manipulating the market for malicious short selling has seriously eroded people's "money bags" and has become the opposite of all investors, disrupting the normal rhythm of the healthy and stable operation of the stock market. The China Securities Regulatory Commission will maintain a high-pressure posture of "zero tolerance" and crack down resolutely, so that those who dare to illegally manipulate and malicious short sellers will "go bankrupt and sit in jail." Here’s a warning: Don’t test the law with your own body or try to seize chestnuts from the fire.