[HIGHLIGHTS] The China Securities Regulatory Commission has severely punished multiple cases of malicious short-selling involving market manipulation and effectively maintained the stable operation of the market.

The China Securities Regulatory Commission has severely punished multiple cases of malicious short-selling involving market manipulation. A criminal gang controlled more than 100 securities accounts to manipulate a certain stock, using techniques such as continuous push-up and reverse trading to affect the stock price.

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. The 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.