Every hot comment | Changchun high -tech leave news short news publisher should pay the price

The Changchun High -tech (SZ000661, the stock price of 158.60 yuan, and a market value of 64.19 billion yuan), known as "Northeast Medicine Mao", encountered the news of the collection of false collection. Recently, an interview with reporters, one of the "protagonists" Huazhao Pharmaceutical Network responded that the regulatory authorities had come to ask the situation. The author believes that the media is not illegal. If false news is released and investors loses the loss, the cost should be paid.

On August 18 this year, Changchun's high -tech stock price opened low, the end of the end fell, and the transaction volume was magnified. The reason why Changchun's high -tech stock price declined on the same day was related to market rumors that Zhejiang Province will collect growth hormones. Zhejiang Province belongs to the East China region. According to data in 2021, 38.49%of Changchun High -tech 38.49%of revenue comes from East China. It is the region of its largest revenue source. The impact on the stock price is self -evident. The source of the rumors is directly pointing to Huazhao Pharmaceutical Network.

In the past few years, the market has speculated on "core assets" such as Moutai in Guizhou, which has spawned many "Mao" concepts. Due to the main field of growth hormone, the performance is not popular and in the leading position of the industry. Changchun High -tech is called "Northeast Yao Mao" by the market. Since 2019, Changchun High -tech stock price has risen strongly from 85 yuan to 521 yuan. It has risen more than 5 times in less than two and a half years, which shows the strength.

Although the performance of pharmaceutical stocks was eye -catching before, the launch of the collection system also had a considerable impact on related pharmaceutical stocks. In recent years, the overall performance of pharmaceutical stocks has been poor, and it cannot be said that it has nothing to do with it. Moreover, the "plunge in the collection" has become a major "hidden rule" in the market, and the "hidden rules" have also been verified on Changchun High -tech. From January 19th to 24th this year, Changchun High -tech stocks flashed, which is related to the collection of collective collection released by Guangdong Province at that time.

It turns out that the news that Zhejiang Province's collection of growth hormones contained in Zhejiang Province, which was released by Huazhao Pharmaceutical Network, was false news, but it caused catastrophic consequences. At about 1 month since August 18, Changchun's high -tech stock price has fallen by 30%, and its market value has shrunk by 27 billion yuan.

But weird is that after the release of false news, the number of stocks of Changchun High -tech stocks shortly has increased significantly. From the previous three trading days, it was less than 15,000 shares daily, and suddenly increased to more than 160,000 shares. With the continuous decline of the stock price since then, the profitability of the lofty margin was an indisputable fact.

In Changchun High -tech, there are several aspects that need to attract sufficient attention in several aspects.

One is that Changchun High -tech stock price may be manipulated. The release of false favorable news stimulates the rise in stock prices, and the release of false and empty news to suppress the stock price, which is essentially an act of manipulating the market. Securities Law stipulates that anyone is prohibited from using false information to induce investors to conduct securities transactions, affecting or intended to affect securities transaction prices or trading volume. Obviously, Huazhao Pharmaceutical Network is suspected of manipulating the market.

Second, Changchun High -tech cases may have suspicion of insider transactions. Prophets are short -term margin, or a large amount of securities trading before the message fermentation. On the day of August 18, the amount of loan fusion increased significantly, and it was not ruled out that the possibility of the prophet firing in advance before the afternoon fell in the afternoon. In fact, the sharp volume of the securities fusion on the day itself was extremely abnormal.

In addition, Changchun High -tech cases or new capital scams appearing in the market. The negative impact of major messages on the stock price will make profit margin in advance, and then publish the method of suppressing the stock price for false news to make profits. Jiji is a major negative news for pharmaceutical stocks. Paying false collection of news, the market is true and false, and often causes selling behavior. If the securities fuse in advance, the profit will be nailed on the board.

The public account of Huazhao Pharmaceutical Network has issued false news to many investors to cause losses to become an objective fact. Whether it is "intentional" or unintentional, according to the securities law, it should bear corresponding compensation liability. After all, self -media is not outside the law. The author believes that in response to Changchun High -tech cases, investors are advised to issue a collective securities lawsuit against illegal issues. While maintaining its own legitimate rights and interests, it also gives it a heavy price. Moreover, as a regulatory authority, it is necessary to launch the investigation procedure. Once a serious violation of the law is determined to be investigated, the criminal law should be allowed to serve the offenders. In this way, it can have a huge deterrent effect on the release of false news on the market.

Daily Economic News

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