Purify the Internet environment and regulate the release of financial self-media content on WeChat

[[420101]]

According to the WeChat public account "WeChat Pie" on August 28 , in accordance with the requirements of the " Clear and Bright " series of special operations of the Cyberspace Administration of China in 2021 , from now until October 26, 2021 , the WeChat public platform will carry out rectification of illegal collection, editing and release of financial information to purify the network environment.

The platform will fully implement the requirements of the special rectification, strictly follow the relevant requirements of the Internet news information service license, and publish financial information in accordance with laws and regulations; adhere to the correct value orientation, earnestly fulfill the platform's main responsibilities, and once discovered, the platform will seriously investigate and ban and shut down any financial self-media accounts that act as "black mouths", extort, or cause strong social repercussions. Specifically, the following 8 types of violations will be cleaned up:

1. Making irresponsible comments and distorting the interpretation of financial policies and macroeconomic data, maliciously shorting the financial market and the Chinese economy, etc.;

2. Reprinting and copying reports and comments from overseas that distort the interpretation of hot topics in the financial field without any stance or judgment;

3. Spreading " rumors " and hyping them up in the name of " revealing secrets " , " breaking news " , " exclusive revelations " , " according to insiders " , or even making up and spreading rumors;

4. When reprinting financial news information from compliant sources, maliciously tampering with, taking out of context, one-sidedly misinterpreting, and other " clickbait " behaviors;

5. Acting as a financial " black mouth " , maliciously shorting or driving up the price of individual stocks, speculating on regional property market fluctuations, and disrupting normal market order;

6. Hype negative information to threaten, intimidate, blackmail and extort relevant stakeholders to seek illegal profits;

7. Hype up vicious social events, negative extreme events, incite sadness, anxiety, panic and other emotions, and use them to promote so-called " financial quotient courses " and various insurance products;

8. Failure to strictly follow the identity authentication procedures, and impersonating or abusing the names of financial and economic regulatory department staff or experts and scholars to open financial columns or accounts.