PACIFIC SECURITIES(SH:601099) Mei Ri Jing Ji Xin Wen·2025-05-28 13:49Core Viewpoint - The article highlights the regulatory actions taken against Wang Panyi, the former general manager of Pacific Securities' Haikou branch, for violating stock trading regulations, resulting in a fine of 50,000 yuan due to significant trading losses over several years [1][2]. Group 1: Regulatory Actions - Wang Panyi engaged in stock trading from February 2017 to August 2024, with total purchases of approximately 31.05 million yuan and sales of about 30.66 million yuan, leading to a loss of around 405,100 yuan [2]. - The Haikou branch of Pacific Securities had previously received a warning in December 2023 for employee violations of suitability management regulations [1][3]. Group 2: Industry Context - The China Securities Regulatory Commission (CSRC) has been actively cracking down on illegal stock trading by securities professionals, with 67 cases investigated from 2019 to 2023, resulting in administrative penalties for 139 individuals [4]. - In 2024, the CSRC launched a special campaign against illegal stock trading, penalizing 38 individuals and taking regulatory measures against 66 others, including significant fines and market bans for high-level executives [4][5].