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the china securities regulatory commission is full of loopholes! four major news in the early hours of the weekend hit the market!

2024-09-01

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1. the csrc is full of loopholes! the important meeting over the weekend mentioned the secondary market delisting compensation mechanism, which is a big positive that investors have been looking forward to. no wonder a-shares have risen sharply.

falsifying performance and fraudulent issuance are two red lines that cannot be crossed. once touched, compensation and heavy penalties are inevitable. although the a-share market is only 34 years old, with the gradual improvement of the system and the continuous optimization of rules, the crackdown on these violations is also constantly increasing.

what we need is not just "strategic determination", but a set of "combination punches" that can truly consolidate market confidence. after all, a market with "full of loopholes" cannot be patched by the csrc alone. what we need is a more comprehensive and systematic solution to ensure the healthy development of the market.

2. yaojie technology’s report card for the first half of 2024 is released, but the results do not seem to be ideal.

according to the latest financial report released by yaojie technology, the company's operating income in the first half of the year was 1.908 billion yuan, a decrease of 18.65% from the same period last year; net profit fell by 30.29% to only 284 million yuan.