Please take a look at some of the actions of the CSRC during the Spring Festival, it is really happy!
1) "The CSRC's investigation of the brokerage is obviously a highly accurate operation. Chairman Wu Qing made it clear that no matter whether the brokerage is a central enterprise or not, as long as there are "internal ghosts", they will be subject to strict scrutiny. Behind this determination is the adherence to the market order and the protection of the rights and interests of the majority of investors. Recently, three securities companies have been investigated in succession, and it was found that there were violations of laws and regulations, which caused applause from the people.
Chairman Wu Qing's deep insight into ** made him realize that this market fluctuation may be related to malicious shorting, and there is likely to be an "inner ghost" behind this. Therefore, on the second day of taking office, he decisively launched an investigation, not afraid of the identity of a central enterprise and the number of awards received, just to trace the root cause of market chaos. This action is impressive and demonstrates the SFC's deep concern for market stability.
Among the 3 brokerages, Shenwan Hongyuan was ordered to make corrections, Ping An ** shares *** received a warning letter, and China Merchants ** found out 63 "ghosts". For China Merchants **, a long-recognized central enterprise brokerage, the determination of the China Securities Regulatory Commission is particularly resolute. This shows that this action is by no means a formalism, but the result of a genuine pursuit of market clarity. This is also a strong support for the stability of the market, and a "wind and wave" may make the financial market reappear blue sky.
The resoluteness and resoluteness of this investigation made it difficult for the "ghosts" within the securities companies involved to escape the law. I believe that these "inner ghosts" are also boundless remorse for the market turmoil they have caused. However, for the majority of investors, this is a reorganization of the market order, and the determination of the CSRC to uphold fairness and justice, which is expected to bring more healthy and stable development to China's financial market. As the survey deepens, we may be able to expect a clearer and more transparent financial market that will provide investors with a more reliable investment environment. ”