Not known if any of financial firms involved are of the Rothschild syndicate.
Translated from Chinese
WASHINGTON December 11, 2011 Reuters (Epoch Times correspondent reported high red sandalwood) December 9, 2011, China Securities Regulatory Commission informed the Chinese securities market with the unprecedented manipulation of the case, nearly 57.2 billion yuan total transaction amount, involving 552 stocks, there are eight investment advisory, securities section nine television stations, 10 up to 30 securities companies and securities analysts involved, this is by far the stock has been published involving the largest and the largest amount of money involved, involved personnel with the largest number of stock market manipulation cases.
Translated from Chinese
December 9, 2011, China Securities Regulatory Commission informed the Chinese securities market with the unprecedented manipulation of the case, the amount of nearly 57.2 billion yuan total transaction involving 552 shares, there are eight investment advisory, securities section nine television stations, 10 up to 30 securities companies and securities analysts involved. (Internet photo)
Buy, blowing, selling and stock market manipulation trilogy
According to the Commission published case show that since April 2007 to October 2009, involved Xueshu Rong, Zheng natural persons middle name 70 people to 44 securities business departments at the opening of capital accounts 112, with 148 securities accounts spend over 20 billion yuan to buy a pre-selected stock.
At the same time, through Xueshu Rong, Zheng moderate control of the program recommended stocks in the main production unit of Guangdong Investment Company Hanson Media Liaison 10 securities companies and eight investment advisory and securities analysts as many as 30, recording the relevant recommended shares to nine television programs put in securities part, to attract investors into the market.
In the broadcast, the manipulator will be pre-selling profits to buy the stock quickly. By the way, Xueshu Rong, Zheng medium a total of 552 trade stocks, total transaction amount of about 57.176 billion yuan, 426 million yuan of illegal profits.
Control of media companies to engage in more deceptive than TV
Commission official said, the control method violates the "Securities Act" stipulates that the case is still under criminal investigation.
Manipulation of a single case and making the stock compared to the past, more deceptive. One of its features is a huge amount of money involved, the number of unprecedented manipulation of stock; second is recommended by a number of shares of TV broadcast programs, a huge influence, more than the number of injured investors; third is well organized and involved in gangs for company operations and anti-detection capability .
Epoch Times reporter's inquiry found that the Hanson Media Investment Co., Ltd.
Guangdong claiming to be "a new financial media company", "the company now has nearly 1,000 square meters of professional film and television production base, financial portals and financial R & D team; and with the Hubei TV, Guangdong TV, Guizhou TV, Shenzhen TV and other domestic TV channels to achieve the strategic partnership, daily transportation to the major six-hour TV financial programs. "
"This scale is not alarmist."
Merchants Securities analyst Lee (a pseudonym) said: "This practice, this scale is not alarmist."
Levin believes that the Chinese stock market, market manipulation still more money, more team work. "Sometimes we see the disk, there are funds in the manipulation of very large, and even public offering, private placement, brokers linked together, and sometimes great news release when the market but not a good day, the other does not have good news, the stock market but go good. "
Levin said: "The former CSRC Chairman Shang Fulin of the securities business is not very proficient in his large hands on the stock market collusion with business organizations, as well as more than half of people with key positions in the interests of people (groups) collusion in the together, a few people can not tell. "
China's stock market this year has been in a downtrend, falling from the highest point of 3070 close to 2300 points now, down about 25%. Some analysts said that China and the Chinese stock market fell apart from the economic downturn itself, but also to become a listed company and the stock market with the money shady places and heavy on the stock market.
Some analysts said that China's stock market in which about 90% of retail at a loss.
(Editor: Jiang Bin) Source
According to the Commission published case show that since April 2007 to October 2009, involved Xueshu Rong, Zheng natural persons middle name 70 people to 44 securities business departments at the opening of capital accounts 112, with 148 securities accounts spend over 20 billion yuan to buy a pre-selected stock.
At the same time, through Xueshu Rong, Zheng moderate control of the program recommended stocks in the main production unit of Guangdong Investment Company Hanson Media Liaison 10 securities companies and eight investment advisory and securities analysts as many as 30, recording the relevant recommended shares to nine television programs put in securities part, to attract investors into the market.
In the broadcast, the manipulator will be pre-selling profits to buy the stock quickly. By the way, Xueshu Rong, Zheng medium a total of 552 trade stocks, total transaction amount of about 57.176 billion yuan, 426 million yuan of illegal profits.
Control of media companies to engage in more deceptive than TV
Commission official said, the control method violates the "Securities Act" stipulates that the case is still under criminal investigation.
Manipulation of a single case and making the stock compared to the past, more deceptive. One of its features is a huge amount of money involved, the number of unprecedented manipulation of stock; second is recommended by a number of shares of TV broadcast programs, a huge influence, more than the number of injured investors; third is well organized and involved in gangs for company operations and anti-detection capability .
Epoch Times reporter's inquiry found that the Hanson Media Investment Co., Ltd.
Guangdong claiming to be "a new financial media company", "the company now has nearly 1,000 square meters of professional film and television production base, financial portals and financial R & D team; and with the Hubei TV, Guangdong TV, Guizhou TV, Shenzhen TV and other domestic TV channels to achieve the strategic partnership, daily transportation to the major six-hour TV financial programs. "
"This scale is not alarmist."
Merchants Securities analyst Lee (a pseudonym) said: "This practice, this scale is not alarmist."
Levin believes that the Chinese stock market, market manipulation still more money, more team work. "Sometimes we see the disk, there are funds in the manipulation of very large, and even public offering, private placement, brokers linked together, and sometimes great news release when the market but not a good day, the other does not have good news, the stock market but go good. "
Levin said: "The former CSRC Chairman Shang Fulin of the securities business is not very proficient in his large hands on the stock market collusion with business organizations, as well as more than half of people with key positions in the interests of people (groups) collusion in the together, a few people can not tell. "
China's stock market this year has been in a downtrend, falling from the highest point of 3070 close to 2300 points now, down about 25%. Some analysts said that China and the Chinese stock market fell apart from the economic downturn itself, but also to become a listed company and the stock market with the money shady places and heavy on the stock market.
Some analysts said that China's stock market in which about 90% of retail at a loss.
(Editor: Jiang Bin) Source
