Individual Wang Lixia made a profit of 510,000 yuan from insider trading, and was given a penalty of five times the amount by the China Securities Regulatory Commission.
The China Securities Regulatory Commission (CSRC) issued an administrative penalty decision on the insider trading case of Wang Lixia. From June 18 to June 26, July 13, July 14, and July 16, 2023, Wang Lixia had contact with individuals with insider information, and from July 7 to November 8, 2023, she used her own and multiple other people's securities accounts to buy and sell shares of relevant companies, making a total profit of 510,668.49 yuan. The CSRC has decided to order Wang Lixia to dispose of the illegally held securities, confiscate the illegal proceeds of 510,668.49 yuan, and impose a fine of 2,553,342.45 yuan.
Latest

