Shenzhen Securities Regulatory Bureau: Beware of Illegal Stock Recommendation Scams

Odaily Odaily News: Fraudsters are using platforms such as TikTok, Xiaohongshu, WeChat public accounts, and self-built websites to carry out illegal activities. Despite lacking professional expertise, they employ tactics such as AI quantitative stock selection, training-based stock recommendations, and impersonating personnel from licensed institutions. These actions not only severely infringe upon investors' legitimate rights and interests but also disrupt the normal order of the financial market. The Shenzhen Securities Regulatory Bureau solemnly reminds all investors: Recognize illegal stock recommendation scams, enhance risk prevention awareness, and safeguard your personal property.

Tactic 1: AI quantitative stock selection scams;

Tactic 2: Illegal stock recommendations disguised as training;

Tactic 3: Stock recommendation fraud by impersonating personnel from licensed institutions. (Shenzhen Securities Regulatory Bureau)