操纵证券市场，被罚没近3亿元

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has intensified its enforcement actions against market manipulation and insider trading, resulting in significant penalties for violators, including a recent case where an individual was fined a total of 294 million yuan for manipulating the securities market [1][2][7]. Group 1: Enforcement Actions - In 2024, the CSRC investigated 739 cases of securities and futures violations, issuing 592 penalty decisions, with insider trading cases accounting for 178 and market manipulation cases for 71, representing 24% and 10% of the total, respectively [1][7]. - The CSRC aims to create a safer investment environment by focusing on serious violations that harm the interests of small investors, such as insider trading and market manipulation [1][7]. Group 2: Specific Cases - He Mou Ru was found to have manipulated the market by controlling multiple securities accounts and using a "limit-up" strategy, resulting in illegal profits of 147 million yuan, leading to a total penalty of 294 million yuan [2][3]. - Other individuals, such as Yang and Xie, have also faced substantial penalties for market manipulation, with Yang fined 280 million yuan for profits of 140 million yuan and Xie fined approximately 95.7 million yuan for profits of 81.45 million yuan [4][5]. Group 3: Legal Developments - The CSRC has introduced a landmark case involving a civil lawsuit for market manipulation, marking the first instance of a support lawsuit combined with loss assessment by an investor protection agency [5][6]. - The case against Wang Mou Yuan, who manipulated multiple stocks using 145 accounts, resulted in a penalty of 570 million yuan, and subsequent civil actions led to a favorable ruling for investors, highlighting the evolving legal landscape in addressing market manipulation [6].