Bei Jing Shang Bao·2025-07-28 03:02Core Viewpoint - The increasing number of individuals banned from the securities market in China reflects a tightening regulatory environment, with a notable rise in enforcement actions against market manipulation and financial fraud [1][7]. Group 1: Market Bans and Statistics - As of May 30, 2021, a total of 24 individuals have been banned from the securities market in China this year, a significant increase of over 40% compared to 17 individuals banned during the same period last year [2][7]. - Notable cases include Chen Jianming, the actual controller of ST Zhongchang, who was banned for manipulating the company's stock through 101 accounts, resulting in illegal profits of 11.47 million yuan [2][5]. Group 2: Types of Violations - The violations leading to market bans primarily fall into three categories: failure to disclose significant company matters, false or misleading information disclosures, and market manipulation [4][5]. - Specific cases include *ST Jinzheng and other companies where executives were banned for failing to disclose major issues and engaging in fraudulent activities [3][4]. Group 3: Regulatory Environment - The China Securities Regulatory Commission (CSRC) has emphasized a stricter approach to combating fraudulent activities, including financial fraud and market manipulation, with plans to enhance regulatory measures [6][7]. - The CSRC is also in the process of revising the Securities Market Ban Regulations to include new categories of bans and expand the scope of individuals subject to these bans [7][8].