Recently, the reporter of the daily economic news learned from people familiar with the matter that Chen long, the former chief strategic analyst of Zhongtai Securities Co.Ltd(600918) was arrested. Some time ago, a policeman came to the company's office to find him, and then resigned. It is reported that Chen Long resigned on November 15, 2021.
detailed report
Chen long, former chief strategist of China Thailand and Jin Fangyi, former quantitative director of Everbright Prudential, were arrested or suspected of manipulating the market
The interface news reporter learned from several sources that Chen long, the former chief strategy analyst of Zhongtai Securities Co.Ltd(600918) Research Institute, and Jin Fangyi, the former quantitative director of Everbright baodexin, were both arrested or suspected of Manipulating Securities and insider trading.
"What happened in November last year, it is said that they had a small gang of more than 20 people, mainly working together with hot money and institutions to hype stocks. They were investigated for hyping Huawei's car concept stocks." A person familiar with the matter disclosed to the interface news reporter.
According to the above informed sources, the news of Chen Long's arrest was once blocked, and the people in his group did not know it before. "Later, their team analysts knew that the chief could not come back. In January this year, the news of Chen Long's arrest began to ferment in the industry."
The interface news reporter searched Chen Long's previous securities number information in Zhongtai Securities Co.Ltd(600918) and found that the registration number did not exist. A broker said that his securities practice certificate may have been cancelled. At present, Xu Chi has taken over the strategic director of Zhongtai Research Institute.
Statistics show that Chen long graduated from Peking University with a master's degree in economics and a bachelor's degree in management. With 9 years of securities experience, he once worked as macro strategy analyst, senior strategy analyst and fund manager of Dacheng Fund Management Co., Ltd. and bocom Schroeder Fund Management Co., Ltd. and joined Zhongtai Securities Co.Ltd(600918) in March 2019.
Jin Fangyi, the former quantitative director of Everbright baodexin, was taken away with Chen long for investigation.
According to public data, Jin Fangyi is a doctor of economics. He once worked at the China Institute of financial development of the Central University of Finance and economics. In January 2011, he joined shenwanlingxin Fund Management Co., Ltd. and successively served as a senior researcher and assistant fund manager. From July 2019 to October 22, 2020, he served as the fund manager of Everbright Prudential dividend hybrid securities investment fund and once served as the fund manager of Everbright Prudential event driven flexible allocation hybrid securities investment fund.
On November 19 last year, several funds including Everbright Prudential China Securities 500 index enhancement and Everbright Jinhong hybrid under Everbright Prudential announced that fund manager Jin Fangyi left office on November 20, 2021 for personal reasons. It is worth noting that Jin Fangyi's enhanced tenure of Everbright Prudential China Securities 500 index is only 20 days.
In the name of the so-called "market value management", manipulating the stock price through vest has always been the focus of the CSRC, especially after ye Fei's incident last year.
On May 9, 2021, ye Fei's microblog revealed the black box of fake market value management. Two months later, the CSRC reported the investigation progress of stock price manipulation cases such as " Zoy Home Furnishing Co.Ltd(603709) " and " Jiangsu Lettall Electronic Co.Ltd(603629) ". It was found that from September 2020 to may 2021, Shi and other manipulation groups controlled dozens of securities accounts and collected the stock price of " Zoy Home Furnishing Co.Ltd(603709) " Jiangsu Lettall Electronic Co.Ltd(603629) through continuous trading, inversion and other illegal means, with a transaction amount of more than 3 billion yuan, Relevant acts have reached the standard of criminal filing and prosecution, and are suspected to constitute a crime of market manipulation. The CSRC informed that it had seized a number of major cases of market manipulation together with the public security organs, cooperated with the public security organs to carry out joint actions, and arrested Ye Fei, the main suspect in the three cases of market manipulation.
The SFC also announced that the joint investigation mechanism with the public security organs relying on clues, combined with the monitoring and discovery of the exchange, launched a joint investigation of a number of vicious market manipulation cases in accordance with the law. As a key case of the special enforcement action of the SFC in 2021, it concentrated on the deployment of forces, strengthened law enforcement cooperation, and accelerated the breakthrough of cases. (source: Interface)
latest response
Jin Fangyi responded to the rumors of being arrested: everything is normal in work and life
There are rumors in the market today that Chen long, the former chief strategist of Zhongtai Securities Co.Ltd(600918) Research Institute, and Jin Fangyi, the former quantitative director of a public fund, were both arrested, or suspected of Manipulating Securities and insider trading. In this regard, the reporter interviewed Jin Fangyi himself. He responded to the reporter and said, "everything in my work and life is normal. Thank you for your concern." (source: China Securities Society)
Zhongtai Securities Co.Ltd(600918) Chen long, former chief strategic analyst, was arrested? Zhongtai Securities Co.Ltd(600918) : resigned without knowledge
On the evening of January 17, Zhongtai Securities Co.Ltd(600918) the news that Chen long, the former chief strategic analyst, was arrested spread in the financial circle. Some media reported that some time ago, a policeman came to the company's office to find him, and then resigned.
The relevant person in charge of Zhongtai Securities Co.Ltd(600918) told the reporter of shell finance that Chen long left the company on November 12 last year; Zhongtai Securities Co.Ltd(600918) didn't know about the information related to Chen Long transmitted online. (source: Beijing News)
