People's Daily Commentary: Firmly say no to fabricating and spreading stock market rumors

On January 10th, 金十数据 reported that People’s Daily published a commentary stating that the Capital Market is a market of ‘information + confidence’. False rumors and ‘slogans’ that mislead investors’ judgment will seriously distort the price signals of the Capital Market, affect the functioning of the Capital Market, and greatly harm the legitimate rights and interests of investors. It is crucial to combat rumors in the Capital Market and punish them in a timely manner, and effective prevention is equally critical. Of course, strengthening regulation and severe crackdowns are not a ‘one-size-fits-all’ solution. It is also necessary to further encourage relevant information disseminators to fully leverage their advantages under legal Compliance, create and disseminate high-quality financial and economic popular science content, and fundamentally reduce the space for the illegal dissemination of information on the internet, jointly creating a clearer environment for the transmission of information in the Capital Market.