Another major financial influencer was fined for manipulating stock prices. Jin was penalized and confiscated more than 83 million yuan by regulatory authorities for the scheme of "buying quietly first, then recommending stocks across platforms, and then selling," and was also banned from the securities market for 3 years.

His operation process is actually not complicated, but very deadly. From September 2024 to April 2025, he bought 32 stocks successively, then posted stock recommendation articles on multiple social platforms. These contents had an astonishing传播力—single articles exceeded 8 million views, attracting a large number of retail investors to follow suit. Once retail investors flooded in and drove up the stock prices, he would reverse and sell on the same day or the next day, sometimes fully clearing his positions within ten minutes. The results of this operation were quite "profitable": earning 41.62 million yuan with a trading volume of 630 million yuan.

The most heartbreaking part is that he marked a disclaimer in his articles stating "not recommended for buying or selling," but this could not prevent regulatory authorities from recognizing it—illegal is illegal. This case serves as a harsh warning: so-called "free stock recommendations" and "real trading sharing" are almost all carefully designed schemes to harvest profits. How could truly stable profit opportunities be freely shared with strangers?

Therefore, when investing, don’t follow the crowd; rely on yourself to read financial reports, analyze fundamentals, and maintain independent judgment. Don’t be blinded by attractive data and heated discussions.