---
title: "The Liaoning Securities Regulatory Bureau imposed administrative penalties on Chen Ming for manipulating the securities market"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/222902750.md"
description: "According to the Liaoning Regulatory Bureau of the China Securities Regulatory Commission, Chen Ming was fined 11.0215 million yuan and had illegal gains of 5.3152 million yuan confiscated for manipulating 11 stocks including \"HJT\". Chen Ming controlled and used 4 securities accounts to trade stocks by artificially raising prices and making false declarations, then profiting by selling back. His agent submitted a plea for a lighter penalty, but it was not accepted. The confiscated funds will be turned over to the national treasury. The party involved may apply for administrative reconsideration within 60 days or file an administrative lawsuit within 6 months"
datetime: "2024-12-20T08:48:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/222902750.md)
  - [en](https://longbridge.com/en/news/222902750.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/222902750.md)
generator: "portal-rs"
---

# The Liaoning Securities Regulatory Bureau imposed administrative penalties on Chen Ming for manipulating the securities market

According to the Liaoning Regulatory Bureau of the China Securities Regulatory Commission, Chen Ming was fined 11.0215 million yuan and had illegal gains of 5.3152 million yuan confiscated for manipulating 11 stocks including HJT. Chen Ming controlled and used four securities accounts to trade stocks by artificially raising prices and making false declarations, then profiting by selling them back. His agent submitted a plea for a lighter penalty, but it was not accepted. The confiscated funds will be turned over to the national treasury. The parties involved may apply for administrative reconsideration within 60 days or file an administrative lawsuit within 6 months

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**