hats power

Xue and others in the Hanson’s “team”, using the typical “grab a hat” tactics: first, to buy stock, and then use various means to enhance the stock price, then sell profit.

December 9, 2011 afternoon, the Commission informed of Guangdong Hanson Media Investment Limited (hereinafter referred to as “Hanson”), Xueshu Rong, Zheng, the Yang Xiaohong, Li Rui counseling and other details of alleged market manipulation cases.

Subsequent investigation proved that this was being hailed as “unprecedented” and “grab the hat” manipulation cases. (Refers to securities institutions, professional intermediaries and their related staff buy, sell or hold securities and the securities or issuers, publicly listed company to make the assessment, prediction, or investment advice, in order to get through the economic benefits expected market volatility behavior.

This approach is somewhat similar to “Rat”, but there are differences. Because shareholders can not control people’s pre-funding, but with the information released can be controlled advantage of recommended stocks. )

There are few data available for its “unprecedented” qualitative as a footnote: 148 involved in a securities account, funds available $ 2 billion in trading stock 552, the cumulative amount of 57.176 billion yuan trading, illegal profits 426 million yuan.

Only the amount of illegal profits from this point on, the case is already quite close to the China Securities homologation events in the history of the most famous case of the profit Heizhuang amount of 490 million yuan.

“Huge amount of money involved, the number of unprecedented manipulation of stock, the large number of people involved.” Concerned departments of the Commission said.

However, this and homologation of that era had a different way to manipulate the stock.

“Homologation is the manipulation of a stock, old-fashioned in power, and in the Hanson case, showing the people the team organized, large-scale mode of operation the number of shares.” Concerned departments of the Commission pointed out, “and that the In case the number of shares involved, and the amount of profit, it can be considered a “grab the hat” manipulation of the largest cases. ”

More importantly, in this case exposed serious violations of securities analysts, regulators issued a series of policy making.

In Hanson’s trilogy

Xue and others in the Hanson’s “team”, using the typical “grab a hat” tactics: first, to buy stock, and then use various means to enhance the stock price, then sell profit.

However, in Hanson “team” has been hailed as “unprecedented” because of, their every step, will be a very big bet.

The first stage in buying stocks, from April 2007 to October 2009, Xueshu Rong, Zheng, the Yang Xiaohong, Li Rui counseling to 70 individuals and others on behalf of the 44 securities business departments to open capital accounts 112, with 148 a securities account, spend over 20 billion yuan to buy their pre-selected stock.

After being investigated, the relevant Commission Audit Bureau who have amazing, the amount of money involved with the manipulation of the number of shares, described as “unprecedented.”

The second step, the Hanson team has begun a well-organized team activities, and, to this form of operation of the company.

The core of this team is called in the Hanson Media Investment Co., Ltd. of Guangdong’s media investment company.

The name of this “investment learning experts”, known as “adhering to the” Continuity and trustworthy “values, the value of an investor’s investment realization of the goal to edge media

Body as a carrier to the general investors the timely, fair, objective and efficient financial services, “the media investment company, has become a Xueshu Rong, who conducted the operation after all the best carrier.

And this mysterious media investment company, foreign claims to have “nearly 1,000 square meters of professional film and television production base, financial portals and financial R & D team; and with several TV channels to achieve the strategic partnership, daily transportation to the major national TV 6 hours of the financial program. ”

In fact, the majestic financial media program production plan, just a pawn in the Hanson team, the role he is responsible, is the “grab the hat” in the second part of the transaction to push stock prices higher.

Among them, Li Rui counseling, Zhang, Ouyang Hong, Sang Xu, HE Miao, Mei, who first raised and arrange pre-production this team recommended buying shares of stock of the PPT, sent to Xueshu Rong, Zheng control of the medium program recommended stocks in the main production unit Hanson.

Meanwhile, Xueshu Rong, Zheng middle 10 people have contacted private companies and securities investment consulting institutions 8 30 securities analysts, the contents of the recording exactly as recommended stocks PPT program.

These are actually a lot of false information dissemination programs, they pass through various media to the audience.

This communication and delivery, is the result of Xueshu Rong, Zheng medium, through legislation Advertising Co., Ltd., Guangzhou registered seven companies to complete.

Later found that the Hanson team to 44.83 million yuan to buy a nine television morning, afternoon, evening part time securities, play the above recommended stocks program, to attract investors into the market.

And then the third step is the step Hanson team profits.

In fact, Hanson team in action fairly quickly, usually in the broadcast day or second day, they put a pre-sale profits to buy the stock quickly.

Eventually, Zheng middle man by the way of trading stock 552, the cumulative amount of 57.176 billion yuan trading, illegal profits 426 million yuan.

Analysts ‘shock’ storm

Go mountainous finally met Tiger. Hanson team in bold, and finally attracted the attention of regulators, in their great organized in this unprecedented scale of operation for nearly two years later, in January 2009, the Commission according to the clues, the official of the alleged market manipulation behavior record for audit.

Commission after an investigation, the trial found that Zheng middle man to “grab the hat” transactions to manipulate stock prices, in violation of the “Securities Act” 77, paragraph 1 (d) of the Convention, while allegedly constitute a “criminal” Article 182, paragraph (d) provides that the case, in March 2010 transferred the case to the public security organs will be held criminally responsible.

The case is still currently a criminal investigation.

Concerned departments of the Commission, said the case was a typical “grab a hat” manipulation cases. First, the huge amount of money involved, the number of unprecedented manipulation of stock, the large number of people involved. Second, stocks recommended by a number of TV media, a huge influence, the large number of affected investors. Third, well organized and the company involved in team operation, strong anti-detection capabilities.

Decryption in the history of the largest “grab a hat” case

The most critical is that the first big rush hat, behind securities analysts revealed people concerned about moral hazard, which led directly to the final series of regulators for the analyst “shock” the introduction of regulatory storm.

Exposed for the case of serious violations of securities analysts, the Commission promptly issued securities analyst on the strengthening of regulatory documents, Film and Television in July 2010 issued a “securities on radio and television programs strengthen the management of notice “to further regulate the securities radio and television programs.

In fact, this regulatory turmoil continues, “Investors are welcome to report complaints to securities regulators.” Afternoon of December 9, the Commission pointed out that the department heads.