China Securities Regulatory Commission issued an administrative penalty decision (Feng Yuefeng). From June 26, 2017 to July 2, 2018, Feng Yuefeng controlled and used account groups to manipulate the trading price and volume of 3 stocks, including Shaanxi Kanghui Pharmaceutical, Zhejiang Kangsheng and Suzhou Kelida Building & Decoration, making a total profit of RMB 1,454,511.85. The CSRC decided to confiscate the illegal gains of Feng Yuefeng, which amounted to RMB 1,454,511.85, and impose a fine of RMB 4,363,535.55.
冯越峰操纵“康惠制药”等3股获利145万 被证监会罚没超580万元
Feng Yuefeng manipulated three stocks, including Shaanxi Kanghui Pharmaceutical, and made a profit of 1.45 million yuan. He was fined more than 5.8 million yuan by the China Securities Regulatory Commission.
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