Online Posts on Chinese Stock Market Analysis Are ‘Bad Influence’: CCP Internet Regulator

A sign above an office of the Cyberspace Administration of China (CAC) is pictured in Beijing, China, on July 8, 2021. Thomas Peter /Reuters

Chinese Internet police have engaged in a new wave of suppression of online discussions about the Chinese stock market.

A total of 373 social media accounts were shut down in its recent investigation of social media, for forwarding posts that the Internet regulator deemed “rumors and rumor-mongering,” according to a statement by the Cyberspace Administration of China (CAC) on July 15.

Cyberspace Cleaning

The latest move was part of Operation Qinglang—meaning “Operation Clear and Bright”—where the CAC began a “rectification campaign” to target specific social media users in March.