China Merchants Securities was fined 63 million yuan. Why were you fined?

When China Merchants Securities provided financial advisory services to Zhonganke Co., Ltd. (hereinafter referred to as Zhonganke), it was officially recognized that the documents were forged, so China Merchants Securities was fined 63 million yuan, and the project sponsor was fined 50,000 yuan, and was warned.

0 1. China Merchants Securities was fined 63 million yuan for not being diligent in providing financial advisory services to Zhonganke.

First of all, China Merchants Securities updated its status and said it was fined 63 million by the CSRC. The reason is that when China Merchants Securities provided services for Zhonganke, China Merchants Securities failed to conduct due diligence and was fined by the CSRC, and the organizer responsible for this consulting service was also warned by the CSRC and fined 50,000 yuan.

Besides, Zhonganke has a big problem. The operating income of 20 13 is false, not real data, which leads to the high issue price and is suspected of cashing out. At the same time, it also harmed the interests and rights of its listed companies and shareholders, and the asset evaluation was seriously inflated and seriously inaccurate.

02. The CSRC filed an investigation on China Merchants Securities, and 33 IPO projects were affected.

It is precisely because of this incident that the CSRC conducted a strict investigation on the IPO projects recommended by China Merchants Securities, and these 33 projects were suspended at the same time. To put it simply, after the CSRC has checked, the IPO project that China Merchants Securities is responsible for can be unsealed without any problems, and then go through the formal process. Because we must know that the CSRC is responsible to investors and to the country. If every company's listing is false information, it will harm the interests of shareholders.

Let's think about it. For example, it was originally a copy of 2 yuan, but after false information, it became 10 yuan, which is equivalent to more investors than 8 yuan, which is a proper way to be empty-handed. Therefore, we want to praise the CSRC. Their timely discovery can bring a lot of losses. We also hope that other companies preparing to go public will not do such stupid things, and will be found out sooner or later.

03. Summarize.

Doing business requires honesty, and dishonesty will be invited to tea and fined by the government sooner or later.