The discussion on Baibang Technology has attracted attention. Lawyers: Those who engage in inducive stock investment may constitute a crime of fraud.

Golden data news on June 27th, Baibang Technology’s stock price surged rapidly from 10:50 am, up 6.58% by 10:57 am, and then plummeted in a straight line, hitting the limit down by 20cm within just 6 minutes. Some investors questioned whether they encountered a “bear trap.” “The stock recommendation teacher asked me to go all in this morning.” “In the afternoon, when I saw the limit down, I panicked. No matter how I placed a sell order, I couldn’t sell it.” Some lawyers stated, “If the stock recommendation is not for the purpose of securities investment consulting services, but induces stock investment by creating or using false information, and seriously manipulates investors, it may constitute the crime of fraud. The stock recommender and their manipulators may not only be suspected of illegal business operations but also face punishment for fraud. Furthermore, they may also face penalties for manipulating securities and futures markets.”