What punishment decision did the CSRC make on the insider case of Hengkang Medical?

The CSRC recently announced the punishment decision on the insider trading case of Hengkang Medical's stock, confiscating the illegal income and imposing a fine, with the total fine exceeding 65.438+0.4 billion. This case is one of the insider trading cases with the highest fines imposed by the CSRC in recent years.

According to the investigation of Shanghai Commissioner's Office of China Securities Regulatory Commission, in order to realize the strategic transformation of Hengkang Medical from medicine to medical service, Hengkang Medical acquired a number of hospitals in China on 20 13 and made an announcement. Liu Yuejun and Xue used their inside information to actually use nine securities and stock accounts. During the sensitive period of inside information, I bought 5,466110,000 shares of Hengkang Medical, involving a turnover of 65.438+0.46 billion yuan and an illegal profit of 3.54.10.33 million yuan.

According to statistics, Hengkang Medical's insider trading confiscated illegal income and imposed a fine. The total amount of fines and confiscations exceeded 65.438+0.4 billion yuan, which is also one of the insider trading cases with the highest fines and confiscations by the CSRC in recent years. In this case, Liu Yuejun used as many as seven accounts for insider trading, which brought many challenges to the investigation of this case.

Investigators of CSRC: The above parties, especially Liu Yuejun, did not use their own accounts. At the beginning of our investigation, the relationship between accounts was difficult to analyze without a lot of evidence, and the distribution of accounts was scattered. We did a lot of in-depth and detailed investigations before we found the relevant relationship and linked these accounts with the actual controllers of Liu Yuejun accounts.