然而，佩洛西的具体净资产尚不清楚，因为国会成员只需披露资产的范围。 据一份最新的国会成员财务报告，美国众议院前议长、加利福尼亚州民主党众议员佩洛西在2024年的收 入在780万美元至4250万美元之间——这意味着她与丈夫保罗·佩洛西的净资产估计已经超过达到4.13亿 美元。 2023年的财务报告显示，当时两人资产上限约为3.7亿美元。然而，佩洛西的具体净资产尚不清楚，因 为国会成员只需披露资产的范围。 考虑到佩洛西夫妇其他各项投资的价值，例如拥有纳帕谷的一家酒庄、拥有一家政治数据和咨询公司、 持有湾区一家意大利餐厅的股份等，佩洛西的身价被认为可能远高于预估范围。 "神操盘"无人能效仿 不过，佩洛西夫妇最成功的交易或许是在去年12月购买了一笔英伟达看涨期权。这笔期权是他们在2023 年底以约180万美元的溢价买入，当时的交易让他们以每股12美元的价格买入5万股英伟达的股票，但不 到其市价的十分之一。当时他们总共为这笔投资支付了约240万美元，而目前这笔投资的账面价值已经 超过720万美元。 英伟达并非他们在2024年投资的唯一人工智能（AI）公司。 在去年2月，佩洛西夫妇斥资60万至125万美元购买了加州网络安 ...

Core Viewpoint - The self-inspection report by Wolong New Energy Group indicates that the stock trading activities of insiders during the self-inspection period do not constitute insider trading related to the ongoing major asset restructuring transaction [2][9]. Group 1: Transaction Overview - Wolong New Energy plans to sell 90% of its stake in Wolong Mining (Shanghai) Co., Ltd. to Zhejiang Wolong Shunyu Investment Co., Ltd. [2][11]. - The self-inspection period for insider trading is defined as the six months prior to the announcement of the transaction until one day before the disclosure of the restructuring report, specifically from October 12, 2024, to May 22, 2025 [2][3]. Group 2: Insider Trading Self-Inspection - The self-inspection covered various insiders, including the company's directors, supervisors, senior management, and related parties involved in the transaction [3][4]. - Individuals such as Li Yinggang, Yao Yuan, and others confirmed that their stock trading activities were based on market trends and public information, asserting no connection to the transaction [4][5]. Group 3: Compliance and Commitments - Insiders have committed to not engaging in any stock trading related to Wolong New Energy until the transaction is completed or terminated, and they will not disclose any non-public information regarding the transaction [5][6]. - The report confirms that no insider trading violations have been identified, and all trading activities were based on independent judgment [9][8]. Group 4: Institutional Trading - CITIC Securities also conducted a self-inspection, stating that their trading of Wolong New Energy stocks was based on publicly disclosed information and independent analysis, with no insider information utilized [8][9]. Group 5: Conclusion - The board of directors concluded that the trading activities of insiders during the self-inspection period do not pose a legal obstacle to the transaction, affirming the integrity of the self-inspection process [9][10].

Core Viewpoint - The report from CITIC Securities indicates that the trading activities of insiders related to the acquisition of 80% of Zhizhe Tongxing Brand Management Consulting (Beijing) Co., Ltd. by Guangdong Yinsai Brand Marketing Group Co., Ltd. do not constitute insider trading and do not pose substantial obstacles to the transaction [1][11]. Summary by Sections Transaction Overview - Guangdong Yinsai Brand Marketing Group Co., Ltd. plans to acquire 80% of Zhizhe Tongxing Brand Management Consulting (Beijing) Co., Ltd. through a combination of issuing shares and cash payments [1]. - The company intends to raise matching funds by issuing shares to no more than 35 qualified investors [1]. Self-Examination Period - The self-examination period for this transaction spans from six months prior to the first disclosure of the restructuring matter or the suspension of stock trading (whichever is earlier) until the day before the disclosure of the restructuring report, specifically until April 2024 [1]. Examination Scope - The examination scope includes insiders and related parties involved in the transaction [1]. Trading Activities of Related Parties - During the self-examination period, natural persons identified as insiders did not engage in direct trading of the company's stock in the secondary market [3]. - Two investment platforms, Orange Alliance Investment and Zhuhai Sunrise Investment, which are employee stockholding platforms, engaged in selling the company's stock [2][3]. - Orange Alliance Investment sold 5,416,830 shares, while Zhuhai Sunrise Investment sold 358,205 shares during the self-examination period [3]. Declarations and Commitments - Both Orange Alliance Investment and Zhuhai Sunrise Investment issued declarations stating that their trading activities were independent and unrelated to the restructuring process [4][6]. - Wu Hongshan, who was elected as a supervisor and chairman of the supervisory board, confirmed that his stock trading activities were based on personal financial needs and market judgment, unrelated to insider information [5][7]. CITIC Securities' Trading Activities - CITIC Securities reported trading activities during the self-examination period, including buying 1,008,700 shares and selling 1,008,900 shares, resulting in a net holding of zero shares by June 4, 2025 [8]. - The company emphasized that its trading decisions were based on publicly available information and independent analysis, with no insider information utilized [8][10]. Independent Financial Advisor's Opinion - CITIC Securities concluded that the trading activities of the involved parties did not constitute insider trading and would not impede the transaction [11].

Core Viewpoint - The self-examination report indicates that the stock trading activities of insiders during the self-examination period are unrelated to the major asset restructuring transaction, and there is no evidence of insider trading based on the transaction information [1][12][13] Group 1: Insider Trading Self-Examination - The self-examination period for insider trading related to the transaction spans from July 17, 2024, to June 5, 2025 [1] - The scope of the self-examination includes company directors, supervisors, senior management, controlling shareholders, and related parties [2] - The report confirms that the stock trading activities of insiders do not constitute a substantial obstacle to the transaction [12][13] Group 2: Specific Insider Trading Activities - The controlling shareholder, Xiao Zhihua, reported no other stock trading activities during the self-examination period, holding 28,301,943 shares at the end of the period [3][4] - Wu Yuling, a relative of the company’s secretary, bought 8,100 shares and sold 10,800 shares during the self-examination period, with no shares held at the end [5][6] - Li Ming, a partner of the transaction counterparty, bought 500 shares and held 500 shares at the end of the self-examination period [7][8] Group 3: Company Stock Buyback and Cancellation - The company repurchased 1,223,706 shares from October 28, 2023, to October 27, 2024, for employee stock ownership plans, later deciding to cancel these shares [10] - The cancellation of shares was completed in January 2025, and the company asserts that these actions do not involve insider trading [10][12] Group 4: Independent Financial Advisor and Legal Opinions - The independent financial advisor, Guotai Junan, confirmed that the trading activities of insiders during the self-examination period do not constitute insider trading and do not pose a legal obstacle to the transaction [12][13] - The law firm, Shanghai Fangda, also verified that the insider trading activities reported do not violate securities laws and will not impede the transaction [13]

本次交易相关主体买卖股票情况的自查报 国泰海通证券股份有限公司 关于 上海奥浦迈生物科技股份有限公司 告 之 专项核查意见 独立财务顾问 二〇二五年六月 上海奥浦迈生物科技股份有限公司（以下简称"上市公司"、"奥浦迈"） 拟发行股份及支付现金购买资产并募集配套资金（以下简称"本次交易"）。 根据《上市公司重大资产重组管理办法》《公开发行证券的公司信息披露内 容与格式准则第 26 号—上市公司重大资产重组》《监管规则适用指引—上市类 第 1 号》等文件的规定，国泰海通证券股份有限公司（以下简称"独立财务顾问" "国泰海通"）作为本次交易的独立财务顾问，对上市公司本次交易相关内幕信 息知情人买卖股票的自查报告进行了核查，具体情况如下： 一、本次交易的内幕信息知情人买卖股票情况自查期间 根据上市公司披露的公告文件，奥浦迈于 2025 年 1 月 17 日发布《上海奥浦 迈生物科技股份有限公司关于筹划重大资产重组的停牌公告》，首次披露上市公 司正在筹划本次交易，经向上交所申请，上市公司股票于 2025 年 1 月 17 日开市 起停牌。2025 年 6 月 6 日，上市公司披露了《重组报告书（草案）》。 根据《公开发 ...

根据证监会日前集中披露的罚单，上述内幕交易涉案人员主要涉及利用上市公司筹划控制权变更、签订 重大合同以及业绩预增等敏感信息进行交易。 内幕交易监管持续趋严 证监会日前披露了一批行政处罚决定书，剑指内幕交易。罚单显示，10余名涉案人员利用上市公司控制 权变更、重大合同签订以及业绩预增等敏感信息进行内幕交易，合计被罚没近6000万元。 从涉案人员来看，不仅有内幕信息知情人，也有与相关内幕信息知情人关系密切或存在联络接触的人 员。其中，陈金全因与某公司签订重大合同的相关内幕信息知情人多次联络接触，内幕交易获利579万 元，合计被罚没金额达到3473.94万元。 近年来，涉及内幕交易等监管持续趋严，近三年来每年查处的内幕交易案件均有上百件。据第一财经记 者不完全统计，截至目前，今年以来仅证监会官网披露的行政处罚中，涉及内幕交易的罚单就超过30 张。 10余人涉内幕交易被罚没近6000万 内幕交易行为利用内幕信息谋取非法利益，使证券交易信息失去平等性和及时性，严重扰乱证券市场秩 序，向来是监管部门从严打击的重点领域。 根据证监会此前披露的数据，2022年至2024年，证监会查办的内幕交易案件分别为170件、194件、1 ...

Group 1 - *ST Jingan will be delisted, with 49 stocks unlocking a market value of 58.72 billion next week. The company has multiple violations and will enter the delisting period on June 30. As of the end of Q1, it had 78,800 shareholders. Among the 49 stocks, Tiedian Heavy Industry and Longxin Zhongke have the largest unlocking scale, with 7 stocks having an unlocking ratio exceeding 50%, and 9 stocks reporting losses in Q1* [2] - Major cities are experiencing accelerated declines in housing prices, with the National Bureau of Statistics indicating that May saw a collective drop in second-hand housing prices in first-tier cities. Only 3 out of 70 major cities saw slight increases in second-hand housing prices, suggesting a challenging outlook for the housing market recovery [2] - The Cross-Border Payment System will launch on June 22, enhancing financial cooperation between mainland China and Hong Kong. This system allows for direct interconnection between the monetary authorities of both regions, providing online and rapid bilateral currency and RMB remittance services [2] Group 2 - The "618" shopping festival concluded with significant growth in both e-commerce and instant retail sales. The event lasted from May 13 to June 20, with double-digit growth reported. Major e-commerce platforms are shifting towards rational competition and simplifying rules, while instant retail is becoming a focal point, expected to exceed 2 trillion by 2030 [3] - The Hong Kong Stock Exchange celebrated its 25th anniversary, showcasing significant growth in various metrics, including new stock fundraising, which leads globally. The exchange continues to reform and expand its interconnectivity mechanisms to attract more listings [3] - The China Securities Regulatory Commission has intensified its crackdown on insider trading, issuing 11 administrative penalty decisions with a total fine of approximately 60 million. This includes penalties for 9 individuals involved in the same case, highlighting the regulatory focus on maintaining market integrity [3] Group 3 - Insurance funds have conducted over 8,900 research visits to A-shares this year, focusing on "hard technology" and innovative pharmaceuticals, aligning with national industrial policies. Companies like Huichuan Technology are receiving increased attention due to the rapid approval and recovery of profitability in the innovative drug sector [4] Group 4 - Federal Reserve Governor Christopher Waller indicated the possibility of interest rate cuts as early as July, suggesting that tariffs are unlikely to significantly raise inflation. This comes after the Fed maintained key interest rates steady for four consecutive meetings, with market participants closely monitoring geopolitical developments in the Middle East [5] - JD.com announced a zero-commission entry into the hotel and tourism market during the 618 shopping festival, aiming to compete directly with Meituan and Ctrip. This move addresses high commission pain points in the travel industry but presents challenges in resource allocation and system capacity [5]

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has intensified its crackdown on insider trading, exemplified by the recent case against Chen Jinquan, who was fined and had his illegal gains confiscated, reflecting a "zero tolerance" policy towards such violations [1][3][5]. Group 1: Regulatory Actions - The CSRC has imposed a total penalty of approximately 34.74 million yuan on Chen Jinquan, which includes the confiscation of illegal gains of about 5.79 million yuan and a fine of approximately 28.95 million yuan, following the "confiscate one and fine five" principle [1][5]. - The regulatory body has increased the penalty ratios for insider trading cases, with many cases adopting a "confiscate one and fine three" standard, and some severe cases even reaching "confiscate one and fine six" [3][6]. Group 2: Insider Trading Case Details - Chen Jinquan engaged in insider trading between January 5 and January 9, 2023, coinciding with the formation and announcement of sensitive insider information regarding a major contract by the relevant company on January 10, 2023 [4][5]. - The insider information was determined to have formed no later than November 13, 2022, and was publicly disclosed on January 10, 2023, indicating a clear timeline of illegal trading activities [4][6]. Group 3: Broader Regulatory Environment - The CSRC has maintained a high-pressure stance against insider trading, utilizing legal revisions, enforcement practices, and technical monitoring to strengthen oversight [6][7]. - The new Securities Law, effective from March 2020, has raised the maximum penalty for insider trading to ten times the illegal gains, reflecting a more stringent regulatory framework [6].

见习记者 舍梨 6 月 20 日，中国证监会公布了一则行政处罚决定书，对陈金全内幕交易行为进行了立案调 查。 证监会决定，没收陈金全违法所得约 579 万元，并处以约 2895 万元罚款，也就是 " 没一罚五 " ，合计罚没约 3474 万元。 今年以来，监管部门对内幕交易的罚没比例显著提高，多数案件采用 " 没一罚三 " 标准，部 分情节严重案件进一步加大处罚力度，如 " 没一罚五 " ，甚至此前还有 " 没一罚六 " 。这 一趋势凸显监管对违法违规行为 " 零容忍 " ，通过穿透式追责与高额罚没等举措以增强执法 威慑力。 内幕交易遭 " 没一罚五 " 经查，内幕信息敏感期内，陈金全与相关内幕信息知情人多次联络接触。 2023 年 1 月 5 日 至 9 日，陈金全交易相关公司股票。经计算，陈金全共获利约 579 万元。陈金全买入相关公 司股票时间与内幕信息的形成、变化时间高度吻合，且存在突击买入、集中买入、成交量明 显放大等情形，交易行为明显异常。 从内幕信息形成情况来看， 2023 年 1 月 10 日，相关公司发布《关于签订重大合同的公 告》。公告所涉事项属于《证券法》第八十条第二款第三项规定的 " ...

6月20日晚间，证监会发布11份行政处罚决定书，编号为〔2025〕66号—76号，涉及案由均为内幕交 易，罚没金额约6000万元。 （21财经） ...