SSE strengthen short-term control Wu Baojin account limit trading one months

Every reporter Li Wenyi recently, SSE announced that the alleged short-term manipulation of individual investors Wu Baojin account of the limited transactions, indicating that the exchange has strengthened the control of short-term manipulation and other violations of the crackdown. It is understood that Wu Baojin's account has recently traded frequently, successively in St Tianlong, Asia Sheng Group, Zhejiang Large network, such as a number of new stock transactions suspected of short-term manipulation, the main approach is to frequent large purchases by the declaration and frequent revocation of the declaration, or the use of large single-track trading mode, affecting other investors on the corresponding stock supply and demand and price trend of judgment　　, thus misleading them to follow suit, and Wu Baojin in the course of operation does not take the actual purchase transaction as the purpose. SSE, the official said that the Wu Baojin account of the above acts, the exchange has repeatedly warned, but the account has not stopped such acts. As a result, SSE decided to impose a one-month disciplinary measure on the account. It is understood that this is not the first time SSE has taken measures to regulate investor manipulation.　　In fact, in June 2008, SSE the "Middle Army photoelectric" in the relevant investors suspected of short-term manipulation of the behavior of the restrictions on account transactions. In order to warn of such irregularities and maintain normal trading order, SSE will take a series of self-regulatory measures, including restricting account transactions, to study and improve the long-term mechanism to combat short-term manipulation, and to further strengthen the supervision of typical illegal transactions, the officials said. At the same time, to remind the majority of small and medium-sized investors, to recognize the nature of the short-term manipulation and harm, pay attention to prevent transaction risk, do not blindly follow suit.