The China Official Media Securities Daily published a comment article on Monday (November 27), criticizing the "small composition" of the stock market, which seriously affected the normal operation of the market.To make pain and let the offenders know the pain.

The article says that "information+confidence" is an important part of the capital market ecosystem. It ensures the authenticity, accuracy, completeness, and fairness of the information. It is also the basis for the reasonable allocation of funds and the effective market operation.However, the existence of "small compositions" such as fabrication and distorting policy information, fabricating false information and rumors, and making false news pictures seriously affects the normal operation of the market.

The article classified the "small composition" in the market.The first category is "guessing policy type"; the second category is "catching the wind and catching shadow"; the third category is "played by the question"; the fourth type is "moving stitching type".

The article pointed out that in the era of "everyone has a microphone", it is not difficult to create and spread a news.But behind the "microphone", it is to be responsible for the content.Because the "small composition" of the manufacturing and dissemination of the stock market will destroy the normal operating mechanism of the capital market, the integrity environment of the market, it will mislead investors' decisions and cause property losses; on the other hand, in the special market environment, oneFalse information may form a "butterfly effect" in the environment of public opinion, rendering panic emotions, causing over -reaction to the market or even inducing market risks.

The article said that the Chinese regulatory authorities are very clear about the "small composition" of the stock market: severe blows.China's rectification of stock market rumors has risen from the securities regulatory authorities to at most departmental joint supervision; it is not only painful, but also to make pain and let the offenders know the pain.

From the perspective of past situations, the regulatory authorities have severely punished the "small composition" manufacturer and communicator of the stock market, conveying a resolute attitude of "not allowing the small composition 'stock market".

At the end of the article, there are different motivations behind each "small composition" of each stock market.But no matter what the reason is, it is not advisable to ignore the facts.The regulators of the "Little Composition" manufacturer and communicator of pain and pain in the stock market have moved the real.