On December 24, Shanghai Stock Exchange and Shenzhen Stock Exchange released recent regulatory developments.
According to the Shanghai Stock Exchange, this week, the Shanghai Stock Exchange took regulatory measures such as written warnings against 88 abnormal securities transactions such as lifting and suppression and false declaration. Focus on monitoring Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) and other stocks with serious abnormal fluctuations, and strictly take regulatory measures such as suspending investors’ account trading in accordance with regulations for 54 abnormal trading behaviors that exacerbate abnormal fluctuations, mislead investors’ trading decisions and affect the market trading order; Special verification was conducted on 10 major events of listed companies, and clues of 2 suspected violations of laws and regulations were reported to the CSRC.
According to the Shenzhen Stock Exchange, from December 20 to December 24, the Shenzhen Stock Exchange adopted self-discipline and supervision measures for 64 abnormal securities transactions, involving intraday lifting and suppression, false declaration and other abnormal transactions; Focus on monitoring ” Longzhou Group Co.Ltd(002682) ” with abnormal recent increase; A total of 16 major events of listed companies were verified and reported to the CSRC for clues of one suspected case of violation of laws and regulations.
Shenzhen regulatory dynamics
I. regulatory dynamics of listed companies (December 17-december 23, 2021)
From December 17 to December 23, the exchange took disciplinary actions against 14 violations, 11 involving violations of information disclosure and standardized operation, and 3 involving violations of securities trading; Regulatory letters were issued for 7 violations, 4 involving violations of information disclosure and standardized operation, and 3 involving violations of stock trading and reduction. This week, 1 restructuring inquiry letter, 29 concern letters and 23 other letters were issued.
II. Market transaction supervision dynamics (December 20-december 24, 2021)
From December 20 to December 24, the exchange adopted self regulatory measures for 64 abnormal securities transactions, involving intraday lifting and suppression, false declaration and other abnormal transactions; Focus on monitoring ” Longzhou Group Co.Ltd(002682) ” with abnormal recent increase; A total of 16 major events of listed companies were verified and reported to the CSRC for clues of one suspected case of violation of laws and regulations.
III. member supervision dynamics (December 20-december 24, 2021)
This week, in view of the failure of the sponsor representatives to perform their duties in the application project for stock issuance and listing, the exchange took regulatory measures of written warning to two sponsor representatives of a member; In view of the violation of the withdrawal management of margin trading collateral, the exchange takes the supervision measures of interview with a member.
regular release of Shanghai stock market operation
I. supervision of listed companies
This week (December 20 to December 24, 2021), the company’s regulatory authorities of Shanghai stock exchange sent 13 daily regulatory letters, including 5 regulatory inquiry letters and 8 regulatory work letters; Through supervision during and after the event, 26 supplementary and correction announcements were required to be disclosed by listed companies. For information disclosure violations, 2 regulatory attention measures and 7 disciplinary measures were taken. At the same time, we will strengthen the linkage supervision of information disclosure and abnormal stock price. In case of the company’s disclosure of sensitive information or obvious abnormal stock price, we will request to start the verification of insider trading and abnormal trading.
II. Market transaction supervision
This week (December 20 to December 24, 2021), the Shanghai Stock Exchange took written warnings and other regulatory measures against 88 abnormal securities transactions such as raising and suppressing, false declaration and so on. Focus on monitoring Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) and other stocks with serious abnormal fluctuations, and strictly take regulatory measures such as suspending investors’ account trading in accordance with regulations for 54 abnormal trading behaviors that exacerbate abnormal fluctuations, mislead investors’ trading decisions and affect the market trading order; Special verification was conducted on 10 major events of listed companies, and clues of 2 suspected violations of laws and regulations were reported to the CSRC.
(First Finance)
