Shanghai cracks down on “black mouth” online stock manipulators


Source: texasnewstoday.com texasnewstoday.com

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August 17, 2021 Shanghai (Reuters) – China’s financial hub, Shanghai’s Internet and securities watchdog, has campaigned against “Blackmouth,” a commentator trying to manipulate stock prices in online posts, cyberspace regulators said. Said on Tuesday. In a statement, China’s Cyberspace Regulatory Commission (CAC) and China Securities Regulatory Commission (CSRC) removed or blocked more than 17,000 harmful information during a recently launched campaign, 8,000. Said it handled more than illegal accounts. CAC Shanghai also called on local Internet platforms such as Bilibili Inc and East Money Information Co to increase content monitoring. The campaign is part of China’s push to tighten regulations...