The SFC strikes hard!
After the game, the village took action again for multiple violations!
The first is the illegal reduction of holdings!
Previously, Hillhouse's subsidiaries reduced their holdings of LONGi in violation of regulations and were ordered to buy it back by the village, and Hillhouse increased its holdings of LONGi by 1.2813 million on Friday!
The village ordered the illegal reduction of holdings to be re-purchased, which also sounded the alarm for other companies that wanted to reduce their holdings in violation of regulations!
As long as the cost of violating laws and disciplines is increased, this behavior can be curbed to a certain extent, and only in this way can these companies not dare to reduce their holdings in violation of regulations!
In addition to the illegal reduction of holdings, the previous nuclear titanium dioxide fixed increase arbitrage incident has finally ushered in punishment, and the punishment is no longer as "self-punished three cups" as before!
First of all, the actual controller of China Nuclear Titanium Dioxide intends to be fined 130 million yuan, and it only took 37 days from being investigated to receiving the "Administrative Penalty Prior Notice".
The second is CITIC Securities and Haitong Securities, and the fines of these two brokerages are 25.16 million yuan and 7.76 million yuan respectively!
After the market, CITIC responded to the prior notice of administrative punishment, and finally apologized, and also admitted that it cooperated with customers to provide it with securities lending arbitrage;
As a leading brokerage firm, CITIC specially convened a party committee to conduct deep reflection and earnestly implement rectification, hoping to truly do it, not just talk!
I also hope to sound the alarm for other brokerage companies!
Since the new village chief took office, he has really done practical things for the market, whether it is investigating public offerings, private placements, quantification, etc., and has continuously cracked down on various violations!
I believe that only by slowly dealing with these existing problems in the market can the market be expected to get out of a decent upward trend!
Important after-hours news:
1. Peripheral markets: The three major U.S. stock indexes are differentiated, among them, the Nasdaq index has fallen by more than 1%, the Dow Jones index has risen slightly by 0.5%, and large technology stocks have collectively fallen, Nvidia has fallen by more than 3%, and ultra-micro computer has fallen by more than 18%;
2. China Securities Regulatory Commission: Reduced the commission rate of fund stock trading, and reduced the upper limit of the distribution ratio of fund managers' securities trading commissions, from 30% to 15%, a reduction of half;
3. The direction of computing power is coming, on the news side, three departments: enhance IPv6 network performance and service quality, and promote the synchronous deployment of IPv6 computing infrastructure.
4. Wanfeng Aowei, a low-altitude economic leader: the company and the secretary of the board of directors received a warning letter from the Zhejiang Securities Regulatory Bureau, and the company's stock price has risen by more than 23% in the past five trading days;
Index Movements:
Judging from the market trend on Friday, the three major A-share indexes were adjusted across the board, and the GEM fell relatively large during the period, falling 2% intraday, once again hitting a new low since the adjustment!
At present, the GEM index has fallen below the 60-day line, semi-annual line and other important positions, and it is not ruled out that it will continue to adjust downward and seek support to the 1710 point area!
On the side of the broader market, after rising to 3100 points on Wednesday, the index appeared to be around 3050 points to a certain extent!
In the short term, the market is still around 3050 points.
In the short term, there is not much room for the index to fall, and in the performance disclosure period at the end of the month, under the disturbance of performance thunder, it is estimated that the willingness of funds to attack is low!
If the market wants to regain 3,000 points again, it is estimated that it will have to wait until after May Day, and it is still mainly range-bound!