Xiaohongshu and Douyin were accused of illegal speculation information. Xiaohongshu responded: a special governance has been launched.

Today, there are media reports that information on foreign exchange margin trading, which has been strictly prohibited by regulatory authorities for many years, is quietly appearing on social networking platforms. In response to this news, Xiaohongshu (Little Red Book) told Sina Technology, "We have launched search prompts, pinned regulatory rule interpretation notes, and also cracked down on regulatory directives and reports of violations. We also welcome everyone to provide us with clues." It is reported that in the crackdown on illegal cross-border investment and financial activities, Xiaohongshu has actively cooperated and launched special governance measures: first, Xiaohongshu has collected relevant tip-offs and investigations in a timely manner, pinpointed and disposed of more than 1,100 notes on illegal inducements for cross-border investment, account opening, and other violations in the financial field, and deleted over 400 inappropriate comments. It has removed 26 groups of search and suggestive terms such as "US stock market, Hong Kong stock market account opening and strategies", and three related topics. The platform will further strengthen its corporate responsibility and continue to normalize the governance of content that induces cross-border account opening.