St High-tech Dong-short trade warned

China Securities Regulatory Commission said 18th, recently, the Chinese Securities Regulatory Commission for Chengdu High-Tech Development Co., Ltd. (St High-Tech) deputy general Manager and Secretary of the Board of Directors Wang Fengshun in the limited period of short-term trading St High-tech shares of the behavior of the administrative penalty, Wang Fengshun to give warning, and fined 30,000 yuan.　　Securities and Futures Commission officials said that the investigation found that Wang Fengshun use his brother's account, from January 2008 to January 2009, has entrusted to buy St High-tech 31, a total of 439090 shares, respectively commissioned to sell 24, the above 439090 shares are sold, cumulative loss of 320,000 yuan. The official said that 47th of the Securities Act expressly stipulates that the directors, supervisors, senior managers of listed companies and shareholders who hold more than 5% per cent of the shares of listed companies prohibit the sale of shares held by listed companies within six months of purchase or the return within six months after the sale. For violation of the provisions of short-term transactions, in addition to the proceeds of the listed companies, will also face more than 30,000 yuan or more than 100,000 yuan below the fine. Responsible Editor: NF058