Beware of the joint deception of investors by "market makers" and "big Vs"

2021.06.17 来源:China Securities Regulatory Commission

Recently, media reports have shown that some stocks have "big Vs" cooperating with "market makers" to sell, offering misleading stock recommendations. Investors have suffered heavy losses due to the sharp drop in stock prices after taking over the market, and need to be highly vigilant. The "market makers" collaborate with so-called stock market "big Vs", "stock gods", "investment advisors", and "experts" to attract attention and add friends by taking advantage of individual investors' preference for insider information and lazy money making mentality by following the market. Then, they create stock trading exchange groups and live streaming recommendation rooms to analyze the overall market and evaluate individual stocks. After gaining the trust of investors, they use excuses such as "insider stocks will have big moves", "certain speculative funds have been in place", "tens of thousands of people jointly build positions to make money together" to lure investors into buying at a limited time, current price, and full position, which is actually selling and accepting orders for the market makers. When investors woke up to the sharp drop in stock prices, the stock trading communication group and stock recommendation live broadcast room had been closed and cleaned up, and the "market makers" and "big Vs" had disappeared without a trace.

Here, we solemnly remind investors that there is no such thing as a free lunch in the world. The so-called "market makers" and "big Vs" who enthusiastically recommend stocks must have ulterior motives. Please be vigilant and maintain a rational investment mentality to avoid being deceived. The China Securities Regulatory Commission will maintain a high-pressure crackdown on illegal activities such as market manipulation and illegal stock recommendations; If suspected of committing a crime, it shall be promptly transferred to the public security organs for filing and investigation, and criminal responsibility shall be pursued in accordance with the law.