证监会2025年查办证券期货违法案件701件 罚没款154.7亿元

Core Viewpoint - The China Securities Regulatory Commission (CSRC) held a meeting to discuss its work for 2026, highlighting significant achievements in 2025, including the handling of 701 securities and futures law violations and imposing fines totaling 154.7 billion RMB, while emphasizing the resilience and vitality of the capital market amid multiple risks and challenges. Group 1 - The CSRC aims to strengthen risk prevention and establish a stable market mechanism, achieving breakthroughs in attracting medium- and long-term capital, leading to a warming market trend [1] - The regulatory framework has been enhanced with a focus on five major regulatory areas, including a comprehensive punishment and prevention system for financial fraud, resulting in 701 law violation cases handled and fines of 154.7 billion RMB [1] - Comprehensive reforms in investment and financing have been deepened, with significant policy measures introduced, including the "1+6" policy for the Sci-Tech Innovation Board and a total of 2.68 trillion RMB in cash dividends and buybacks from listed companies [1] Group 2 - The development of a robust product and service system for stocks, bonds, and futures has been prioritized, with a total of 1.26 trillion RMB raised through IPOs and refinancing, and 16.3 trillion RMB in various bonds issued in the exchange market [2] - Legal construction in key areas is being accelerated, with guidelines issued to ensure fair enforcement and support for high-quality capital market development, alongside enhanced protection for small and medium investors [2] Group 3 - Efforts to improve the influence and reach of public opinion in the capital market have been initiated, with the establishment of a capital market society aimed at purifying the market's public opinion environment [3]