Futures
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CFD
Gold
One platform for global traditional assets
Options
Hot
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This morning, I saw a fantastical story about A-share market manipulation.
Oupu Zhinet's original actual controller, Chen Lihao, in order to prevent his pledged stocks from liquidating, handed over some funds to Lv Mouqi for operation, aiming to keep his company's stock price stable and push it higher.
Lv Mouqi conducted centralized buying and selling through multiple accounts, false declarations, and wash trading; not only did he fail to stabilize the market, but he also accumulated a loss of 592 million yuan.
The company was later delisted, and both individuals were fined 2.4 million yuan.