China Securities Journal: Two cases filed in three days, regulators cracked down on the fabrication and dissemination of false misleading information.

On July 10th, Joe was investigated by the China Securities Regulatory Commission for allegedly fabricating and spreading false and misleading information related to Shenzhou Union Group. On July 7th, An was also investigated for the same reason related to Zhonggong Education. With two investigations within three days, regulatory measures are directly targeting market "disruptors". Signals released by relevant departments are clear: the internet is not a lawless place, and the red line of false and misleading information will be strictly enforced. Listed companies must take on the responsibility of disclosing information, promptly clarifying and debunking rumors in the face of misinformation, using transparency to curb the spread of rumors. Financial platforms must abandon the mindset of chasing traffic, improve content screening and risk identification mechanisms. Industry practitioners and creators must respect the rule of law, eradicate fabrication and hype, and collectively maintain a clean public opinion environment. Cultivating a culture of rational investment is the foundation for eradicating stock market rumors. Stock market rumors have evolved from false positive information to vulgar gambling agreements and esoteric predictions, with stronger disguise and dissemination, easily engulfing market sentiment. Investors should reject herd mentality, base investment decisions on listed company announcements, authoritative information, and business fundamentals, not be misled by sensational headlines, and cut off the chain of rumor dissemination.