投资者保护国家出“硬招” 23项规定全链条管起那些“坑”股民的事

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has introduced 23 measures aimed at enhancing the protection of small and medium investors, addressing issues such as fraudulent issuance, financial fraud, and insider trading, thereby promoting a fairer and more just stock market [1][3]. Group 1: Measures for Investor Protection - The new measures prohibit institutions from artificially inflating the issuance price of new stocks, addressing the issue of significant losses for investors upon listing [5]. - Financial institutions are now required to clearly communicate rules, contract terms, and risks to investors before selling stocks, funds, or providing margin trading services, ensuring transparency in the investment process [5]. - In cases of forced delisting due to major violations, responsible parties must compensate investors for their losses, with an emphasis on facilitating quicker compensation processes [5]. Group 2: Market Context and Impact - There are over 240 million stock investors in China, with individual investors making up more than 99% of this group, indicating a strong focus on protecting small investors [6]. - The ongoing efforts to enhance investor protection reflect a growing commitment from the government to bolster market confidence and better meet the wealth management needs of the public [6].