Specifically, recently, the Commission Securities The State announced the decision to impose an administrative fine of VND 550 million on Ms. Vu Thi Ngoc Anh (Thai Nguyen City) for conducting market manipulation transactions. stock market.
Accordingly, Ms. Anh used 20 accounts to continuously conduct buying and selling transactions stock DAH of Dong A Hotel Group Joint Stock Company creates fake supply and demand create manipulation of this stock code. Based on the inspection results and documents in the records of the State Securities Commission, it is shown that there are no illegal profits from the violations of Ms. Vu Thi Ngoc Anh.
Since year From 2020 up to now, DAH stock has experienced many price fluctuations, “shocking” increases and deep decreases. During the period of May-August 2020, this stock increased from the market price of 9,000 VND/share to nearly 16,000 VND and then dropped straight to 5,000 VND.
In the period of June-August 2021 the stock DAH fell from a price of nearly 13,000 VND to below 8,000 VND and then bounced back past the old price range to nearly 14,000 VND. Since March this year, this stock has fallen from the market price of 14,300 VND to its current level of just over 4,000 VND. The capitalization of Dong A Hotel Group is currently just over 360 billion VND.
Previously, at the end of October, the State Securities Commission also announced a fine of 550 million VND against Mr. Nguyen Ngoc Long (residing in Nam Tu Liem district, Hanoi) for carrying out manipulation. manipulation of TNI shares of Thanh Nam Group Joint Stock Company.
According to this agency, Mr. Long used 54 accounts to continuously buy and sell to create artificial supply and demand to manipulate TNI shares.
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