The stock market has been active since the second half of the year, and ms. Zhang wants to buy a few shares to earn some money, and she is not very good at investing. She chose an investment consulting firm in shanghai (known as the “investment enterprises”) to direct her own investment. The other party claimed that there was a “senior mentor who would direct the business in its entirety” and that there would be “no loss” and that ms. Zhang, despite having spent up to $85,000 on it, had paid for it。
Did you make money? In the face of ms. Cheung's account, which was at a loss of more than $300,000, the coaches sent the words "the business is almost at the end of the day" and "time is the best proof that we'll all help you."
The reporter learned from the hong kong citizen's hotline 12345 that there is no public service in shanghai
With the stock market active
After being "diplomatic" by the company that you're looking for
There are many investors who lose money。
On the back of the tens of thousands of dollars of hot joints
Do these businesses exist
What are the “sets” of false propaganda, inducing consumption
Want to make money? I need to buy a higher service
Ms. Zhang told journalists that she was used to listening to radio investment programmes to understand the direction of investment due to lack of knowledge about investment. In june of last year, the radio station she was listening to invited an investment expert from china, china, shinfu, to analyse the situation. At the end of the programme, the expert left a message of advice for the audience to add. Ms. Zhang immediately added microclinism, and the other party was not the expert himself, but an operator from china. After confirming ms. Zhang's intention to consult, the above-mentioned operator recommended her to a director-general of china's sino-shanghai branch in beijing, named ta ling。
For several days, tian ling sent ms. Zhang the recommended stock increase, stating that he could make a lot of money by following the mentor's guidance and could first buy a half-month investment consultant service. On 2 july, ms. Zhang was finally persuaded. Six months of offer services cost $10,000, but ms. Zhang stated that both parties had entered into a “gang contract” through the network. In the contract she provided, the agreed cost was only us$ 1 and the services were provided by the china-china sinfu investment management consulting ltd. In beijing, while the actual amount of us$ 10,000 was paid separately through a micro-credit transfer. This unusual operation did not raise doubts at the time about the investment heart。
Ms. Zhang signed a one-dollar contract through the network with the china-china sinfu investment management consulting ltd. In beijing。
After the payment, ms. Zhang was scheduled to watch the performance of her mentor, liang liang liang liang, on a daily basis. How can we sell shares with our coaches? Only a week later, ms. Tian ling persuaded ms. Zhang to increase the level of the service fee so that she could receive more detailed guidance and internal information at a cost of $75,000 and a six-month service term. On 11 july of last year, ms. Zhang, who had been in trouble on his horse, paid $75,000 in four transfers through twitter。
Since then, in addition to watching live broadcasts, tian ling has conveyed the selection of stocks and the timing of the sale to ms. Cheung in the name of her guidance. Under her guidance, ms. Cheung subsequently bought a series of shares, including novart nebula, china electronics international, new times, and joo chiang, with cumulative investment of over a million. However, ms. Zhang told journalists that these stocks were bought with little profit, with a maximum loss of 340,000, and that even if they were returned, they still had a loss of about 200,000, making her anxious。
Not only did she lose much of what she had said about “making money”, but ms. Zhang had repeatedly expressed her displeasure through her tweets. She provided a record of the many conversations that she had made, which showed that tian ling had always stabilized her with words such as “will help you get back in the market”. "do you want to know the coach's layout?" in november last year, the previous period of service was not over, ms. Tian ling again persuaded ms. Zhang to renew her fees and spent $98,000 on higher-level services, claiming that the renewal would allow ms. Zhang to follow up directly with her mentor's silo layout。
Ms. Zhang has repeatedly expressed her displeasure at the loss, and tian ling has kept her steady in various words, such as “will help you arrange it in the market”。
Last november, the previous period of service was not over, ms. Tian ling again persuaded ms. Zhang to renew and spent $98,000 on higher-level services。
It was only after ms. Cheung realized that the so-called “following the warehouse to earn money” was the result of the institution that offered her the services of a high-priced offer. Moreover, the investment guidance it has provided over the past six months has been highly unprofessional and less in line with the high-cost quality of fees. Therefore, at the beginning of march, ms. Zhang called “12345” and requested that sino-shanghai, china, refunding the services it had paid in the prior period。
China was punished last march
According to a search by journalists, ms. Zhang chose the family of “china's shinfu” in beijing. In march last year, the sea regulatory authority of the china censorship commission issued a decision ordering the chinese sino-fu shanghai branch in beijing to correct and suspend its new clients for six months. In the decision, it was stated that there were irregularities by the chinese sino-shanghai branch in beijing that “marketing propaganda was exaggerated and misleadingly expressed” and that “the individual employees who provided investment advisory services to investors were not qualified to practice portfolio investment consultancy”。
Journalists consult with practitioners, which explains ms. Zhang's intention to enter into a “gyang contract”. Under the strict supervision of the shanghai branch, which ordered the suspension of the new customers, the shanghai branch of china has bypassed the shanghai supervisory authority by arranging for ms. Zhang to enter into a contract with the chinese counterpart。
In addition to the irregularities in the development of new clients during the period of custody, journalists found that the issues of “exaggeration, inducement” identified in the shanghai regulatory authority's decision persisted during the service of ms. Xin fu in beijing. Ms. Zhang provided extensive accounts of her chats with tian ling, describing the historical increase in the shares of her mentor, ms. Zhang's distribution, as well as publicity on cases such as “ms. Zhang bought 30,000 shares, hit 8 per cent today” and, by saying “doesn't we feel sorry for not being able to keep up with them”, she could “run the market backwards” by doing “more space” with her teacher. It was pointed out that such marketing was an “exaggeration, inducement” not permitted by the relevant documents。
Ta ling's extensive use of “shows” in her communication with ms. Zhang is illustrated by the history of stock increases and profit cases。
On the other hand, journalists have consulted the website of the china securities industry association and, in the context of the basic information for practitioners system, have been informed that the mentor liang liang liang is qualified to practice and is registered on the website, but that tian ling, who provides guidance to ms. Zhang on a daily basis, is not qualified to practice。
In its decision, the shanghai supervisory authority stated that, as early as january 2023, the same regulatory measures had been taken against the chinese company sin fu shanghai in beijing, but that the chinese company sin fu shanghai had not been effectively overhauled, indicating that irregularities had been committed for a long time. Moreover, it is not only shanghai that has committed irregularities. In august of last year, the beijing supervisory authority of the csrc adopted the same regulatory measures as in beijing, in which it noted a series of irregularities in its operations。
On 4 march, journalists went to beijing to the registration address of the chinese company sin fu shanghai branch, located at the 12th floor of zhenghua building, 3261 east road, to ask what happened to ms. Zhang. It's dark and it's a mess. It's empty. From the thick dust accumulated on the couch of the table and chair, the empty space is not short. The building property industry told journalists that the new address of the chinese company sin fu shanghai had been removed from china since last year after being punished by the shanghai supervisory authority。
At 3261 east road, on the 12th floor of building b of the zenhua building, in beijing, the building was empty。
Not only was it impossible to contact the chinese company shinto shanghai in beijing through its registered address, the journalists then called tian ling, liang liang and others, or were shut down or were not heard。
Watch out for the big game trap of the company
The large number of complaints received by the “12345” show that the offer services of a number of businesses are not reliable. In response to complaints from citizens, it was found that the marketing methods of these businesses were the same. As many citizens have claimed in their complaints, after short-form video clips were painted on short-term video platforms, which led to contacts with an institution called "lido star", attracted by the other party's claim of high-yielding cases, and were then lured by salesmen to buy from hundreds to tens of thousands of dollars in different levels of offer services in a step-by-step manner until a significant loss occurred。
The industry points out that these businesses are actually playing “large games”. That is to say, after these investors have been attracted extensively, including through social media, and through excessive publicity about past performance, they have been guided to buy their offer services. Next, so-called mentors recommend some shares to investors. The case of a profit-making client is then scaled up, depending on the return on the investment, and different techniques are used to allow both profit and loss investors to buy higher-priced offer services. In the final analysis, these institutions take advantage of the investment needs of their clients for the purpose of profiting from the marketing of the offer. Over the course of the process, exaggerated misleading propaganda played a key role, which was explicitly prohibited in the provisional provisions for portfolio investment consultants。
In beijing, a “violation trick and proposals for amendments” is still posted in the office of the chinese company shin fu shanghai。
The results of the search on the website of the china securities industry association show that ms. Zhang's mentor, liang zhuang, left china in november of last year and subsequently became an investment adviser, namely, “and information technology” located on the 6th floor of the same building. Information and communication technology (ict) has also been the subject of a number of complaints from the public, and journalists ' enquiries have revealed that ict has also been subject to regulatory measures by the regulatory authorities for such matters as misleading propaganda, most recently in february last year。
Journalists consulted with a large number of vendors in shanghai on their investment advisory services, and it was stated that a standardized investment advisory service must first be informed about the client's situation and needs and matched with service appropriateness in terms of client risk preferences, real needs, liquidity, etc. In the case of equity recommendations, the theoretical basis for recommending equity should be provided, based on a combination of research findings, including voucher studies, authoritative media reports, and a risk profile for investing in the corresponding stocks, as well as investment advice for investors to track the movement of recommended stocks. In addition, journalists understand that regular investment consultancy services in the market usually take thousands of dollars a year and do not cost as much as tens of thousands or more。
A head-ticketer in shanghai reminded investors of the need for risk awareness. In particular, there is a clear normative requirement in the portfolio consulting industry that investors first search for the qualifications of enterprises and practitioners when choosing to invest in services; have knowledge of the conduct expressly prohibited by the regulation when experiencing services; and avoid falling into a “set” of profit-making ventures that emphasize short-term rates of return and profit cases when proposing shares, rather than providing a theoretical basis for investment。
