According to Kuaishou Blackboard News WeChat official account, Kuaishou announced the results of combating and managing the black and gray industry in 2024. It mentioned that Kuaishou, in accordance with the special requirements of the Central Internet Information Office for cracking down on illegal stock recommendations, implements hierarchical and categorized management of illegal stock recommendation issues, and strictly controls unqualified activities engaged in financial trend explanation business and stock recommendation-related content. A total of 195 accounts engaged in illegal stock recommendations were dealt with, 3,538 illegal stock recommendation videos were cleared, and 325 illegal stock recommendation live streaming rooms were closed.