Stock Recommendations Made Up on the Spot? 315 Evening Gala Exposés Stock-Picking Commission Scam, Stock-Picking Commission Institutions Become Profit-Cutting Fraudster Dens

Special Topic: Improving Consumer Quality — Focus on the 2026 “315 Gala”

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（From Wall Street Insights APP）

At the beginning of 2026, the 315 Gala received numerous tips from consumers: a stock investment scheme called “Stock Recommendations for Profit Sharing,” which attracts many investors’ attention. Industry insiders from legitimate investment institutions warn that many of these so-called “stock recommendation profit-sharing” advisory services online are scams carried out by criminals impersonating legitimate financial firms. If the recommended stocks profit, the scammers take a cut; if the stocks fall, they disappear, using the excuse of “covering losses” to lure consumers into traps.

The reporter contacted several organizations offering “stock recommendation profit-sharing” services online. One, claiming to be TianShun Investment, caught the reporter’s attention. Following the customer service representative’s advice, the reporter bought 2,000 shares of a certain stock at 18.82 yuan per share. However, over the next half month, the stock kept falling, and the reporter had to sell at an 8% loss. The reporter questioned the customer service via video call. During the brief call, the reporter noticed on the wall behind the customer service representative the large characters “XinBenKe Information Consulting Co., Ltd.” Upon investigation, the company is located in Zunyi, has no financial licensing, and recruits telemarketers. The reporter then traveled to Zunyi and successfully applied for a telemarketing position at the company.

The company’s business manager, Mr. He, explained the specifics of their operations: using prepared scripts, they make daily calls to find and screen interested, funded investors to buy designated stocks. “Sister, don’t worry, we prioritize risk control first, making money second. Our stocks are researched jointly with multiple institutions, not just any stock we pick randomly,” he said confidently. However, Mr. He showed no concern for clients’ losses. When asked what happens if clients lose money, he simply replied, “It’s nothing.” Where do the so-called institutional research reports recommended to clients come from? A customer service representative revealed the truth: these reports are just a cover to deceive clients; the stocks recommended are actually chosen by the company’s boss. XinBenKe relies on stocks arbitrarily selected by the boss, using clients’ own funds to trade, enticing clients to buy, and operating on a profit-sharing model. Among these stocks, some will rise and profit, so the company shares the gains; when stocks fall, they vanish, creating a so-called “stock recommendation business” that guarantees profits for the company.

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Editor: Song Yafang