Stock 315:18 Listed Companies Frequently Appear "Flicker".

Besides being able to get money for rapid development, listed companies are also known for their standardized governance structure.

However, since the date of the stock market, false disclosures and fraudulent information are also born. It is not new to fool investors and regulators.

The data obtained from WIND information show that since 2000, more than 50 cases of deceiving investors by listed companies have been appealed to the court.

In these cases, there are many investors familiar with Dongfang Electronics, Yinguangxia, ST Kelon,

One of the most typical examples is hang Xiao steel, which has "seduced" ordinary investors abroad.

The unknown listed company, in the bull market from 2006 to early 2007, has been in the low consolidation stage, and the stock price has been almost too strong to breathe.

However, since February 12, 2007, the company's share price has pulled out 12 daily trading boards, rising from 4.5 yuan to 14 yuan.

Subsequently, the company signed 34 billion 400 million yuan of information on the overseas list. The manager of the company declared that "the contract itself has no problems at all."

But with the in-depth investigation of the media, the fox's tail gradually revealed itself. The price tag was regarded as a "ghost trick" between capital players and hang Xiao steel.

However, the lifting of capital to stock prices remained strong. At the end of May, it had climbed to 30 yuan and more than 6 times in 3 months. "

From May 2007, the SFC and the public security departments were involved in the investigation. After more than 2 years in 2009, the face of "the first case of disclosing insider information" was uncovered.

Investors are sad and fearful. It is capital pushing hands to create this "famous stock".

Just like the "prostitute", the hang Xiao steel structure, which is famous for its reputation, is always on the list of "big guys". Its subsequent equity incentives and its entry into the real estate industry are frequent. At the end of last year, it was also a big order from India.

All of these are cases of cheating investors, and regulators have been cheated.

In December 14, 2000, the first case of fraudulent listing of Listed Companies in China was sentenced in the intermediate people's Court of Chengdu, but the Hongguang industry involved in the case had no money to pay the fine again.

In the prospectus issued in May 1997, Hongguang industry concealed the fact that the huge loss of 53 million 778 thousand yuan in the previous year was 54 million 280 thousand yuan in net profit and 108 million 58 thousand yuan in false profits.

At present, because of the gradual improvement of the securities market mechanism, there are few such cases as fraudulent listing of Hongguang industries, but the cases of cheating investors are still endless.

These cases are a long process from committing a crime to finding out, and it often takes more than 2 years to start from investigation and sentencing.

The hardships may only be realized only by the parties. No wonder some of the victims were finally drawn to a decision, but without the joy of victory.

A private investor said that retail investors had better not touch such "monster stocks", and the best way to brake unreliable information was static braking.

It is suggested that we should pay attention to basic research and find some solid stocks.

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