CSRC: Hu Bo controls the use of the Weibo account "Captain Jack Macro Strategy" to fabricate information. Hu Bo has been fined 800,000 yuan and is prohibited from participating in the securities market for 3 years.

According to the relevant provisions of the Securities Law of the People's Republic of China, I have conducted a case investigation into Hu Bo's suspected fabrication and dissemination of false information, and have informed the parties of the facts, reasons, grounds for administrative penalties, and the rights enjoyed by the parties under the law. The parties did not make any statements or defense arguments, nor did they request a hearing. The case has now been investigated and concluded. It has been found that since August 2023, Hu Bo has controlled and used accounts such as "Captain Jack Macro Strategy" and "Captain Jack Macro Strategy Gossip" on Sina Weibo to fabricate and disseminate false or misleading information regarding capital market supervision dynamics and regulatory policies, causing disruption to the securities market. The above illegal facts have been proven by evidence such as questioning transcripts of Hu Bo and other related persons, media platform data, information release device information, and screenshots of WeChat group information. Hu Bo's actions violate Article 56(1) of the Securities Law, constituting the offense of fabrication and dissemination of false information as described in Article 193(1) of the Securities Law. Based on the facts, nature, circumstances, and social harm of the party's illegal activities, in accordance with Article 193(1) of the Securities Law, I have decided to impose a fine of 800,000 yuan on Hu Bo.