Shanghai Stock Exchange Tightens E-Interaction Oversight, Suspending Reply Permissions for Hype-Chasing Companies for Up to 12 Months

Regulation
โดย Jiemian·Read original
Summary · why it matters

The Shanghai Stock Exchange issued a notice to optimize and upgrade the permission functions of its SSE E-Interaction platform, directly targeting listed companies that chase hot topics and hype concepts. The new rules suspend reply permissions for companies with an annual information disclosure rating of D until their rating improves, and suspend reply permissions for 12 months for companies that have received administrative penalties or been given a public reprimand or higher for chasing hot topics. Three new anti-hype features have also been added, including a pop-up warning against deliberately chasing hot topics, a requirement that newly registered users must complete real-name authentication for 30 days before they can ask questions, and a limit of no more than 10 questions per user per day and no more than 3 questions for the same company. Several companies have already been heavily penalized this year for making misleading statements on the interactive platform. CETC Digital Technology was fined 2 million yuan, Juli Sling was fined a total of 9.5 million yuan, Injoinic Technology was found to have made misleading statements through self-asked-and-answered hype chasing, and Shuangliang Eco-Energy was fined 13 million yuan over a WeChat official account article. Market participants believe that the deterrent effect of suspending reply permissions far exceeds that of fines, and listed companies should establish a linked review mechanism to enhance responsiveness within compliance boundaries.

Impact on stocks 4

Others▼ · 4 stocks
Juli Sling Co Ltd
002342
▼ NegativeRegulationrelevance

Juli Sling was fined a total of 9.5 million yuan for misleading statements on the interactive platform.

Shuangliang Eco-Energy Systems Co Ltd
600481
▼ NegativeRegulationrelevance

Shuangliang Eco-Energy was fined 13 million yuan over a WeChat official account article, and new rules suspend reply permissions for hype-chasing.

© 2026 MarketDXNews