The Shenzhen office of the China Securities Regulatory Commission (CSRC) warned investors about illegal stock recommendation schemes that use AI-driven claims and impersonation tactics to carry out fraudulent activities.
According to Odaily, the regulator said some individuals use platforms including Douyin, Xiaohongshu, WeChat official accounts, and self-built websites to conduct illegal activities without professional qualifications, including promoting “AI quantitative stock selection,” offering stock tips under the guise of training, and posing as staff from licensed institutions.
The Shenzhen CSRC office said these activities seriously harm investors’ legitimate rights and disrupt normal financial market order. It urged investors to recognize illegal stock recommendation scams, strengthen risk awareness, and protect their assets.
The regulator listed three common schemes: AI quantitative stock-picking scams, illegal stock recommendations disguised as training, and fraud involving impersonation of licensed institution personnel.
AI TRENDS | Shenzhen Securities Regulator Warns Investors About Illegal AI Stock-Picking Scams
2026-06-11 08:34:11
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