The Shenzhen Stock Exchange has issued fines for six non compliant institutions engaged in "striking new accounts"

On April 7th, the official website of the Shenzhen Stock Exchange released four regulatory letters, issuing written warning measures to four new stock quotation institutions, clearly requiring them to submit rectification reports within a specified time limit, and interviewing the relevant responsible persons of two of the quotation institutions. In addition to the aforementioned four institutions, the Shenzhen Stock Exchange also issued verbal warnings to the other two institutions with relatively minor violations.