Wu Qing: Strictly investigate and punish behaviors such as riding the coattails of hot topics, speculating on concepts, and market manipulation

Source: People’s Financial News Author: Securities Times Two Sessions Reporting Team

People’s Financial News, March 6 — On March 6, at the press conference on the economy during the Fourth Session of the 14th National People’s Congress, Wu Qing, Chairperson of the China Securities Regulatory Commission, stated that efforts should be made to strengthen and improve the safety net for investor rights protection, promote smooth channels for investor rights and remedies, and improve diversified dispute resolution pathways. We should facilitate more typical cases of shareholder litigation and pre-emptive compensation, regulate the behavior of listed companies, major shareholders, actual controllers, and various intermediary agencies, and strictly investigate and punish behaviors such as hot topic jumping, concept炒ing, and market manipulation that harm investors’ interests, so that the market can truly feel fairness and justice.

(Edited by: Wen Jing)

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