Core Viewpoint - Zhejiang Haokun Shengfa Asset Management Co., Ltd. has been penalized for abnormal trading behaviors, indicating a persistent disregard for regulatory requirements [1][2][3] Group 1: Regulatory Actions - The Beijing Stock Exchange has imposed self-regulatory measures on Haokun Shengfa, restricting trading on its accounts for three months from January 26, 2026, to April 25, 2026, due to serious violations involving stock price manipulation [1] - This is not the first time Haokun Shengfa has faced regulatory actions; it has a history of multiple violations leading to similar penalties [1][4] - The company was previously warned by the Zhejiang Securities Regulatory Bureau for various violations, including lack of decision-making records for reverse transactions and failure to adhere to internal trading policies [1][4] Group 2: Trading Manipulation Details - Haokun Shengfa engaged in a typical manipulation strategy of "price lifting + reverse selling," which involved significant buying to inflate stock prices followed by rapid selling [3][4] - Specifically, from January 21 to January 22, the stock price of Huawi Design increased by 68.07%, triggering regulatory scrutiny [3] - On January 23, within a span of 104 seconds, the stock price rose by 6.42% due to Haokun Shengfa's buying activities, with a total transaction of 10.13 million yuan, accounting for 67.90% of the buying volume [3] Group 3: Company Background and Governance - Haokun Shengfa has been operating for over nine years, with a registered capital of 10 million yuan and a paid-in ratio of only 50% [5] - The company has faced operational challenges, including being listed in the business anomaly directory due to uncontactable registered addresses and legal disputes over rental agreements [5] - The firm manages assets between 2 billion to 5 billion yuan and has a small team of 15 employees, all of whom hold fund management qualifications [2][5] Group 4: Industry Context - The issue of stock price manipulation is not isolated to Haokun Shengfa; many private equity firms have faced similar penalties, particularly in the Beijing Stock Exchange and New Third Board [6][8] - Factors contributing to these manipulative behaviors include small market capitalization, low liquidity, and a high proportion of retail investors susceptible to market manipulation [6] - Regulatory bodies have been enhancing monitoring and regulatory frameworks to address these issues, with new rules established to identify and penalize such trading behaviors [9][10]
百秒拉抬股价 火速出货收割 私募浩坤昇发遭限制交易3个月 2个月前刚被罚
Zhong Jin Zai Xian·2026-01-26 03:54