The Cyberspace Administration of China continues to rectify the chaos of online financial information

the Cyberspace Administration of China recently cooperated with financial regulatory authorities to lawfully deal with a batch of accounts and websites that spread false information about the capital market, engaged in illegal stock recommendations, and hyped virtual currency trading. Now some typical cases are reported as follows:

1. Accounts such as "Love Stocks APP" disseminated false information about the capital market.

2. Accounts such as "Kange Says Finance" engaged in illegal stock recommendations.

3. Accounts and websites such as "Fire Brother Talks about Encryption" promoted hype of virtual currency trading.

4. Accounts such as "Xiao Bei Yo" spread information about the black and grey areas of the financial industry.