The China Securities Regulatory Commission stated that it will severely crack down on Feng Shui theory of Feng Shui theory such as Tiangan and Earth Branches, Yin and Yang Five Elements.
According to the surging news report, the China Securities Regulatory Commission responded to the recommendation of the Fifth Session of the 13th China National People's Congress No. 6178, indicating that it will strictly implement the China Council and the State Council about the cracking down on securities illegal activities in accordance with the law.Opinions, the analysis of Feng Shui doctrine and other Feng Shui doctrine such as Tiangan Branches, Yin and Yang Five Elements predict the illegal behavior of the stock market, and safeguard the market order and the legal interests of investors.
The China Securities Regulatory Commission said that some securities analysts and securities investment consultants use theory such as Tiangan Di Branch, Yinyang Five Elements and other theories to analyze, predict, or provide investment recommendations services to the securities and securities market trends.The basic principles of independent, objective, fairness, and prudential are reported to violate legal provisions and related practice specifications.
The Securities Regulatory Commission said that the official has adopted administrative supervision measures on the illegal securities company and relevant responsible persons in accordance with the law, guided the securities industry associations to adopt self -discipline supervision measures for relevant responsible persons, and urged relevant securities companies to chase internally within serious chase withinresponsibility.While strictly cracking down on illegal and illegal acts, strengthen on -site inspections, and report to the industry that the use of Feng Shui theory analysis and predict the stock market violation cases, reiterate, emphasize regulations and regulatory requirements, strengthen warning education, and purify the industry ecology.
It is reported that the securities industry practitioners have predicted the performance of the A -share market through "Feng Shui" and have been regulated by regulatory punishment.In December 2021, the Jiangxi Securities Regulatory Bureau issued an announcement saying that there was a problem with the initial exploration of Tiangan and Earthly Branches produced and published by Guosheng Securities Liu Fubing, which violated the relevant regulations and decided to take the decision to take regulatory conversation measures for Liu Fubing.
In March of last year, the Shenzhen Securities Regulatory Bureau also analyzed the stock according to the classification of the five elements of the five elements on Chen Nanpeng, and the actions of the investment proposal were based on the five elements attribute classification.