Recently, in the context of capital market trading continuing to heat up and “account opening fever,” some criminals have set up many “traps” on various social platforms using methods such as “illegal stock referrals” and paid consultations, targeting new investors lacking market experience and relevant knowledge. In the name of “guiding investment,” they actually commit fraud, which seriously infringes on investors' interests and disrupts the market order. In order to address current challenges, brokerage firms are taking active action to continuously strengthen investor education and anti-fraud publicity, while comprehensively popularizing basic knowledge and guiding the correct investment mentality of new investors. Yang Haiping, a researcher at the Securities and Futures Research Institute of the Central University of Finance and Economics, said, “Amid this round of rising stock markets, there has been a rise in the phenomenon of some unqualified institutions and individuals using short videos and other platforms to carry out “illegal stock recommendations” and spread false information. Such behavior may mislead investors' decisions, cause losses to investors, and endanger the safety of investors' funds. As far as the capital market is concerned, such behavior may amplify investor sentiment and disrupt the normal order of the capital market. Such acts require the judicial authorities, financial supervisory authorities, and communications industry authorities to work together to carry out comprehensive control.”

Recently, in the context of capital market trading continuing to heat up and “account opening fever,” some criminals have set up many “traps” on various social platforms using methods such as “illegal stock referrals” and paid consultations, targeting new investors lacking market experience and relevant knowledge. In the name of “guiding investment,” they actually commit fraud, which seriously infringes on investors' interests and disrupts the market order. In order to address current challenges, brokerage firms are taking active action to continuously strengthen investor education and anti-fraud publicity, while comprehensively popularizing basic knowledge and guiding the correct investment mentality of new investors. Yang Haiping, a researcher at the Securities and Futures Research Institute of the Central University of Finance and Economics, said, “Amid this round of rising stock markets, there has been a rise in the phenomenon of some unqualified institutions and individuals using short videos and other platforms to carry out “illegal stock recommendations” and spread false information. Such behavior may mislead investors' decisions, cause losses to investors, and endanger the safety of investors' funds. As far as the capital market is concerned, such behavior may amplify investor sentiment and disrupt the normal order of the capital market. Such acts require the judicial authorities, financial supervisory authorities, and communications industry authorities to work together to carry out comprehensive control.”