Wu Qing: Strictly investigate and punish behaviors such as riding the coattails of hot topics, hyping concepts, and manipulation.

On March 6th, at the fourth session of the 14th National People’s Congress with a focus on the economy, Wu Qing, Chairperson of the China Securities Regulatory Commission, stated that efforts should be made to strengthen and tighten the safety net for investor rights protection, promote smooth channels for investor rights and remedies, improve diversified dispute resolution pathways, and facilitate the implementation of more typical civil compensation cases such as representative lawsuits and pre-emptive compensation. They should also regulate the behavior of listed companies, major shareholders and actual controllers, as well as various intermediary agencies, and strictly investigate and punish behaviors that infringe on investors’ interests, such as riding the hot topics, hype up concepts, and market manipulation, so that the market can genuinely feel fairness and justice. (People’s Financial News)