Economic Daily: Do Not Be Distracted By Financial Influencers' Stock Recommendations

Due to the illegal recommendation of stocks and the implementation of reverse trading using the influence of over 100,000 fans on social media platforms, Jin, a financial V, was recently determined by the Zhejiang Securities Regulatory Bureau to be manipulating the securities market through "grabbing hats", fined a total of over 83 million yuan, and subjected to a 3-year ban from the securities market. With the increasing trading activity in the A-share market, a group of financial internet celebrities have emerged recently, active on various social media platforms, creating waves of influence. Among them are knowledgeable individuals who provide diversified financial perspectives for investors. However, some people are deceiving others, using their influence to manipulate the market and engage in insider trading under the guise of "sharing" and "analysis". By posting fake screenshots of positions and publishing fabricated analysis, they lure their fans to buy, then profit by selling once the stock price is pushed up, treating their fans as cash machines. The popular recommendations of financial V's also reflect the long way to go in investor education. Currently, individual investors are still the main participants in the market, with some lacking the ability to identify risks and having insufficient awareness of the harm of illegal stock recommendations. Jin's downfall this time is a wake-up call for everyone: investment and financial management is ultimately a professional discipline that requires systematic learning and rational analysis, rather than relying on following a few "stock gods" or listening to a few pieces of gossip to succeed. Faced with the exaggerated claims of financial V's, ask why one more time, do more thinking and analysis, do not easily be blinded, make cautious and rational decisions, this is the long-lasting way of value investment.