The owner of the illegal lending of the investor's stock account was fined 50000 by Shanghai Securities Regulatory Bureau
Cailian, December 23 (Xinhua) -- recently, the Shanghai Securities Regulatory Bureau announced an administrative punishment. Li lent his stock account to others for stock speculation. During the period involved, 27.91 million yuan of funds in Li's account came directly or indirectly from others, and others operated Li's account for transactions. Shanghai Securities Regulatory Bureau believes that Li's above-mentioned behavior violates the provisions of Article 58 of the new securities law that "no unit or individual shall lend his own securities account or borrow another person's securities account to engage in securities trading in violation of the provisions", and constitutes the behavior of lending his own securities account in violation of the provisions mentioned in article 195 of the new securities law. Finally, Li fined 50000 yuan.
This text is a result of machine translation.
In-depth
Industrials, Financials, Technology
The Melancholic Saga of Xiaomi in India
In January 2024, Xiaomi unveiled the Redmi Note 13 5G series in India, achieving an outstanding sales feat of nearly CNY 900 million within a mere two days. Expressing gratitude on Twitter, Xiaomi India thanked its consumers, hailing the series as "super smartphones that redefine excellence." The commitment echoed the promise to persist in delivering innovation and premium products to the Indian market.
Jan 24, 2024 01:20 AM
Dec 11, 2023 08:49 PM
Apr 26, 2022 12:26 PM
Apr 25, 2022 01:02 PM
Apr 21, 2022 07:07 PM
Briefing Jan 13, 2023 11:16 AM
· Consumer Staples
CHINA RES BEER Became the Largest Shareholder of Jinshajiuye with 55.19% of Stake
Briefing Jan 13, 2023 10:58 AM
· Consumer Staples
Chinese Dessert Brand Hutouju Raises Tens of Mins of CNY in a New Round of Funding
Financials
Indonesia Enforces Up to 1000% Tax! Rigorous Inspection of Import Taxes
Apr 28, 2024 04:09 PM
Briefing Jan 12, 2023 02:39 PM
· Consumer Staples
Chinese Bread Brand Toly Bread Achieves a Total Revenue of CNY 6.69 Bn in 2022, Up 5.54% YoY
Briefing Jan 06, 2023 04:57 PM
· Consumer Staples
Chinese Cookie Brand Sable Raises CNY 50 Mn in Series A Funding Round
Briefing Jan 06, 2023 02:13 PM
· Consumer Staples
Chinese B2B Food Supplier SHISHILIAN Raised about CNY 10 million from Angel Funding Round
Briefing Jul 18, 2022 07:39 PM
· Consumer Staples
ByteDance's Douyin Updates Doudian APP to Better Support Growing E-commerce Business
Briefing Jul 18, 2022 07:36 PM
· Consumer Staples
JD.com's Group-buying Unit Jingxi Reportedly In a New Round of Layoff
See more
Read next