Under the big data, there is nowhere to hide

Recently, there has been a big sensation throughout the fund industry. When the Exchange conducted an investigation, the original Boshi Fund Manager Ma Le was found 10 billion funds account with the helm of the 8 billion public offering of "stained", the scale is so large, the amount involved is so huge, the fund industry can be described as unprecedented.

It is understood that the exchange in the daily monitoring, found a 10 billion account heavily loaded with small cap stocks and horses at the helm of Boshi highly overlap. Further tracing found that a 30 million account as well, after the stock exchange to the Commission and filing.

The reason why the horse show its roots in the Shenzhen Stock Exchange monitoring system to detect the transaction. Ma Le is only one example, the reporter learned from many different sources, the Shenzhen Stock Exchange has also been plagued in the near future out of about 300 suspicious accounts, not yet had time to verify one by one. "In fact, as long as more than 1 million accounts will be the key monitoring," informed sources pointed out.

In addition, the reporter also learned that the investigation is currently under Ma Lok have been confiscated a lot of its associated accounts, personnel and so on. In addition, it is rare that Dewey Video filed a lawsuit on July 29 for investigation on the information disclosure violation. The Bo selected from the fourth quarter of last year, top Dewey video top ten shareholders of circulation.

Ma music "confession"

One billion, the exchange, big data ... ... For a time, these keywords became the public hot.

Rumors about the 300 suspicious accounts detected by the Shenzhen Stock Exchange are rampant, with more fund-raisers panic-stricken.

"It is sure to be eyeing, but it has not been made public," said a fund manager at a Beijing-based fund company.

A fund person to reporters lamented the most recently heard is a variety of investigations. "In front of big data, we are all transparent, as long as the determination did not find the behind-the-scenes staff." Informed sources told reporters.

At the same time, the above insider informed that after the incident, Ma Yue voluntarily turned over the proceeds and handed in a lot of details to the relevant departments and informed related accounts and personnel involved in the incident.

"There is indeed a lot of courage for the market participants involved in the horse music or for those who will not sleep at night, and the amount of 10 billion accounts has surpassed the size of the fund that I was at the helm," said a fund manager of a fund company in Shenzhen.

"Ma Yue happened two months ago, followed by the Shenzhen fund industry has also been discredited, but there are more details about the investigation of Ma Yue, more versions, there is still no official conclusion." A Shenzhen fund to inform.

According to the public information, during the management of the Ma Lok Fund, a private placement company called China Resources SZITIC Trust Co., Ltd., a flexible fund of 5 Funds Trust (China Resources SZITIC - No. 5) Bo and the management of the Bo selected when the four companies listed in the top ten shareholders of circulation, including a GEM and two small board stocks are also new.

However, after the reporter learned that, Boshi Fund for the private equity investment adviser, Awkwardness overlap in the reasonable.

At the same time, the public information shows that in the time of the selection of the former positions in Bo shares, and Galaxy Securities and other brokerage clients credit transaction security securities account overlap, and the account holding is not small.

In fact, the top ten tradable shareholders of many listed companies appear on credit guarantee accounts of brokerage firms. Regulators and exchanges still need to spend some time trying to find the true shareholders behind them. However, Speculators believe they can escape the sea only. However, it is not known whether the customer's credit guarantee account is in the interest of Malaya.

Recently, Dewey Video on suspicion of information disclosure violations, on July 29 investigation by the Commission. Bo selected from the fourth quarter of last year, the top ten Disco video listing among the top ten shareholders of circulation. The stock is also seen by the market as the No. 1 stake in the company.

Reporters from the Shenzhen Securities Regulatory Bureau approached the Department learned that the current Ma Le incident is still in the investigation and evidence collection stage, yet to be formally disclosed the details of the time.

Another reporter learned from informed sources Department, August 2, the Commission or will be investigated by the progress of the investigation of the horse to be disclosed.

Nowhere under the big data

Public fund industry sector last shocked the industry's rat warehouse incident occurred in 2009, when the case originated in a surprise inspection Shenzhen Securities Regulatory Bureau. The investigation of Ma Lok, it is due to abnormal trading was monitored by the Shenzhen Stock Exchange and the Securities and Futures Commission, and then be investigated. Insiders will be a series of Shenzhen Stock Exchange monitoring system called "big data."

A source close to the Shenzhen Stock Exchange told reporters that the monitoring system has always been the Shenzhen Stock Exchange, mainly divided into four aspects: supervision of internal transactions, supervision of transactions involving major issues, linkage monitoring mechanism and real-time monitoring mechanism. Has so-called "big data" analysis platform, and real-time alarm and other functions, mainly on the disk to track and determine the abnormal performance.

It is also understood that the Shenzhen Stock Exchange set up a special project team in the first half of this year for the purpose of studying emerging approaches to market manipulation.

During the two sessions this year, Song Liping, general manager of the Shenzhen Stock Exchange, once introduced the control room of dozens of people in Shenzhen Stock Exchange and set more than 200 indicators for monitoring and estimation. Once the stock price deviates from the broader market, the Shenzhen Stock Exchange will immediately send inquiries as to whether there are any special Information is released, which people or institutions behind the transaction are involved.

At the same time, she also introduced that if an investor buys a stock for the first time before the company has released such good news as high delivery, reorganization and so on, the Shenzhen Stock Exchange will monitor this behavior and report it to the China Securities Regulatory Commission, Will decide whether to file a case.

This reporter has learned that the Shenzhen Stock Exchange recently adopted "big data" to detect suspicious accounts up to 300, but not yet one by one before the investigation. As for whether it has been submitted to the Commission, the reporter could not know.

"Assets of more than 1 million accounts is the key monitoring object.In addition, the fund trading stocks T +5, T-2 trading days, if the same large amount of funds in the same direction will also be the key monitoring." Shanghai, a fund manager Introduced to reporters.

Earlier, the Shenzhen Stock Exchange devoted to studying in the United States, the United States has a set of systems that mainly supervise the NASDAQ market, OTC market, futures market fraud, deal with 10,000 messages every day, export 50-60 warning messages. Of the monitoring system and method should be the most advanced in the world.All the participants in the A-share market are in the account, and the United States market settlement in two levels, so whether it is from the direct supervision or regulatory efforts are not as good Our exchange, "said a former Shenzhen exchange.

Close to the Shenzhen Stock Exchange have informed that the Shenzhen Stock Exchange's monitoring system has been established from the perfect several years ago, a few years ago, the Shenzhen Stock Exchange postdoctoral mobile station, there is a special network information mining and stock price changes monitoring research projects, PhD Will monitor the data out for behavioral analysis.

If Ma Le incident verified, then it will become the new chairman of Xiao Gang Steel a successful attack.

In fact, back to the SFC Guo Shuqing era, took office early draconian insider trading, after which listed companies, private equity institutions are much more convergence.

Guo Shuqing era, specific to the fund company's wind control and did not explicitly instructions, but the intensity of the case so that market participants shudder, fund companies can feel the attitude of the regulators, not slack. "Beijing, a fund company inspectors pointed out .

Xiao Gang, the new chairman, has been tight insider trading since taking office. "In fact, we can feel that the teams of audit brigade of the CSRC of Guangdong and Shanghai have further expanded their capacity to interpret some of the ideas led by the CSRC," said the source.