B · Normal
[China Securities Regulatory Commission: Natural persons Chen Huan, Zhou Houlu, and Li Pingping were fined a total of 8 million yuan for manipulating the securities market] On September 24, the China Securities Regulatory Commission disclosed the administrative penalty decision. Chen Huan, Zhou Houlu, and Li Pingping were fined a total of 8 million yuan from February 20, 2023 to 2024. During August 1, 2019, he controlled the use of multiple other people's securities accounts, and used means such as concentrating capital advantages and shareholding advantages for continuous trading, as well as trading between actual control accounts, to affect the price and trading volume of relevant stocks, which constituted manipulation of the securities market. The China Securities Regulatory Commission decided to fine three people a total of 8 million yuan, of which Chen Huan and Li Pingping were fined 3 million yuan each, and Zhou Houlu was fined 2 million yuan. They were also banned from trading in the securities market for three years, three years, and two years respectively.
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