According to the investigation results of the CSRC, Wang, his father and daughter bought a large number of shares of Health Yuan Group from March 20 16 15, and by April 2065438 1 day, their father and daughter bought Health Yuan Group 886366. Why did they suddenly buy so many healthy yuan stocks at this time? That's because this time period is a sensitive period of inside information, and with the stock bought by about 824 million yuan, Wang's father and daughter earned 906 million yuan. However, after the investigation by the Securities and Futures Commission, Wang's father and daughter were punished, which not only confiscated 906 million yuan of profits, but also fined Wang's father and daughter 27190,000 yuan, which was equivalent to advising the rich not to do so, otherwise it would really outweigh the benefits.
Of course, if it is simply illegal manipulation of the stock market, perhaps Wang and his father and daughter are unlikely to cause such a big response. In fact, the reason why this case has attracted much attention is actually because Tencent CEO Ma is involved in the case. According to the announcement of Health Yuan, on April 3, 20 15, the company actually controlled by Ma (Advanced Data Service Co., Ltd.) decided to invest in Health Yuan. Considering the Tencent empire behind Ma, his investment in Health Yuan naturally attracted many retail investors to follow suit. As a result, the share price of Health Yuan rose sharply, with an increase of almost 80% according to statistics. The stock price has gone up, and everyone will definitely continue to follow suit. In this way, Health Yuan ushered in a bull market. Wang and his father and daughter bought a lot of health yuan stocks during this period, which naturally earned a lot of money, but this illegal operation finally ushered in punishment.