Commentary: Fake executives who are not important investors shine eyes

Commentary: Fake executives who are not important investors shine eyes
Securities Times reporter Yan Cui’s recent Huachuang Securities “fake executives” conference call event has caused heated public discussion. The latest public response is: fake executives are Saturday’s subsidiary Wangwang Network leaving staff, and the securities company is allegedly suspended.In the afternoon of February 21, the incident went further. The CSRC stated that it had initiated investigation and verification of the incident.For investors, no matter what the truth of the “false executive” conference call of Huachuang Securities is, the 深圳桑拿网 truth behind the public or non-public information of listed companies has been exposed. Investors should keep their eyes open for listed company information.  After the “fake executive” incident of Huachuang Securities, external spearheads seem to point to the securities company’s securities, the chaos in the securities industry, the fund allocation between securities firms and relatives, and third-party companies that hire fake executives behind it.  ”I can actually get fake executives. How much money does a third-party company charge?”This is the biggest sigh that the reporter has heard about the matter.The reporter’s inquiry found that the summary of the institution’s research on that day was not released on Saturday.  It is worth reflecting that if there is no “rollover” that day, if the executives of this listed company also just want to overcome the contradiction of the power of fake executives to push up the information, or the cooperation between the securities firm and the listed company (rather than not a dream)?So do ordinary investors see ordinary research notes?  It is understood that the listed company ‘s disclosure of the research summary of the institution (including the conference call), and whether it is possible or necessary to disclose the relevant content, the decision-making power lies mainly with the listed company.The summary of investigations of listed companies’ disclosure agencies (including teleconferences) does need to be disclosed through the exchange of internal publishing systems, but is generally released directly and reviewed by regulatory authorities after the fact.The exchange mainly monitors listed companies for illegal disclosure within the scope of the rules. The basis of their judgment is to study whether the summary information is false. As mentioned in the telephone or field investigation, the listed company or external experts may affect the company’s possible sensitivity orInside information, the listed company may not be recorded in the research summary, and the regulators are not aware of it, which leaves a gray area for the listed company to disclose false information to the outside world.  A person who has personally experienced the entire process of a very small and ordinary conference call of a listed company told reporters that when the executives of the listed company introduced the company’s operating data to investors, it was enlarged many times compared with the actual situation, but after the exchange meeting,The outside knows nothing about executives’ false disclosure of operating data, and investors invited to participate in this exchange meeting also believe that they have obtained inside information of listed companies, and regulators are even ignorant.  Not to mention false data found by fake executives, even real executives have found a lot of false data.Therefore, investors should open their eyes and strengthen the research or field investigation of audited information of listed companies. It is obviously easy to believe the information revealed by some executives or research reports.  Hegel said that the only lesson humans have learned from history is that humans have not learned any lessons from history.  This sentence may not be excessive in the capital market.From the analysis of plagiarism and torture by analysts, the beating of former analysts by the chairman, the dissemination of false information, the frequent occurrence of financial fraud in listed companies, and the “fake executives” incident, in recent years, the storm on the capital market has continued.It is hoped that after the release, the market will have more clean and authentic information, and investors will also be able to improve their ability to identify information.