On July 8, the securities and exchange commission has announced that finish to Dandong Xintai Electric Co., Ltd into alleged corruption and information disclosure illegal case investigation and trial work, and in accordance with the law XiangXin Thai electrical and delivered to the relevant administrative penalty and the market is a no-go decision.Shenzhen stock exchange will launch the xintai electric delisting program in accordance with the law.

Xintai electric to become the history of China's securities issued the first because of fraud were forced to retreat city of listed companies, and after delisting, according to the relevant laws and regulations, can't recover, no back on institutional arrangements.

That financial development research institute of nankai university professor Tian Lihui, said in an interview with the securities times reporter to really start the marketization of the securities market, it is necessary for evolution, is bound to have a strict regulation, xin tai electric profitability for nothing, 2 it is fraud, if this situation exists inevitably disrupt the securities market, damage the interests of investors.

Tian Lihui, saidxintai electric fraud issue were forced to retreat city is a very good new initiatives, the landmark, also have to scare the meaning, tell market regulators began to fraud issue really moving blade, for violation behavior, law enforcement will be resolute;It is also the necessary link for the stock market to return to the open, fair and just, and let the capital market return to its source.

To really optimize the allocation of resources, you need to eliminate poor companies, get financing for good companies, and give investors real returns on their investments.

This is good news for all investors, making the market more clear and letting bad things go, said tian.Investors in hintai electric also have to distinguish between what they see and what they do because the disclosure of corporate information is not transparent.Some really want to hype, the fire is chestnut, malicious speculation.

The former is worthy of sympathy, and the latter is not worthy of sympathy.These malicious speculators should be punished by the CSRC's law enforcement, which is also conducive to the suppression of malicious speculation and the expulsion of bad currency.For investors who are blinded by the market, their losses should be compensated by the relevant subjects of the fraud issue according to corresponding legal liabilities.

Tian Lihui said that many securities market legal system are some, are often not to implement, the problems on the level of law enforcement, implementation, this issue were forced to retreat city xin tai electric fraud is a clear signal, the securities and futures commission will be in accordance with the law, strictly and comprehensive regulation.