Core Viewpoint - An investor engaged in abnormal trading behavior to manipulate the stock price of Chicheng Co., leading to significant market impact and subsequent regulatory action by the Beijing Stock Exchange [1][5]. Group 1: Abnormal Trading Behavior - On December 18, 2025, the investor's actions included both price manipulation and significant buying and selling activities, resulting in a stock price increase of 30% for Chicheng Co. [3][5]. - The investor's account was involved in multiple instances of abnormal trading, with specific transactions showing substantial buying volumes that contributed to price spikes [7][8]. - The investor's account had previously faced self-regulatory measures due to similar violations, indicating a pattern of misconduct [2][8]. Group 2: Regulatory Response - The Beijing Stock Exchange imposed a three-month trading restriction on the investor's account starting December 19, 2025, due to the severity of the violations [2][8]. - The exchange's decision was based on the investor's repeated offenses and the significant market impact of their trading activities, which violated established trading rules [8]. - The exchange's actions were documented in the investor's integrity record within the securities and futures market [8]. Group 3: Company Response - Chicheng Co. issued a statement acknowledging the abnormal trading fluctuations, reporting a cumulative price deviation of 41.17% over three trading days [10]. - The company's board confirmed that there were no undisclosed matters that could have influenced the stock price, ensuring compliance with disclosure regulations [10].
情节严重！这名投资者，拉抬打压股价！交易所火速出手