The National Internet Information Office continues to rectify chaos in online financial information.

Recently, the Cyberspace Administration of China, together with relevant departments, has lawfully dealt with a batch of accounts that openly recommend stocks, induce joining stock recommendation groups, and sell illegal stock recommendation software. The following are some typical cases reported: 1. Accounts like "Zhang Brothers Snowball" openly recommend stocks and incite follow-up operations. Weibo account "Zhang Brothers Snowball", WeChat public account "Wang Ming Ge Stock Market", Xiaohongshu account "Hai Ge Catching Dragons", etc., by creating an investment expert persona, recommending stocks to netizens through showing profit screenshots, sharing stock trading skills, and posting real trading situations, inciting follow-up operations. The involved accounts have been lawfully closed. 2. Accounts like "Weiqi Investment Research" induce netizens to join groups and engage in illegal stock recommendations. Snowball account "Weiqi Investment Research", Weibo account "Xu Wenchun", Bilibili account "Zhong Li 4723", etc., use words like "inside information", "guaranteed profits", "expert recommendations" to lure netizens to join groups for illegal stock recommendations, with some groups charging high joining fees. The involved accounts have been lawfully closed. 3. Accounts like "Wind Catcher" sell illegal stock recommendation software with exaggerated false advertising. Kwai account "Wind Catcher", "Financial Sister Qi", "Kenan Stock Exploration", etc., recommend "highly efficient AI stock selection software" or so-called "stock recommendation software" with accurate price trend predictions in live broadcasts, inducing netizens to pay for their services. The involved accounts have been lawfully dealt with. The Cyberspace Administration of China reminds all netizens to establish a rational investment concept, enhance risk prevention awareness, strengthen financial information discernment, stay away from and resist all kinds of illegal financial activities, and effectively safeguard their own financial security. This article is reprinted from the "China Cyberspace Administration" WeChat public account, GMTEight editor: Liu Jiayin.