Ningbo Securities Regulatory Bureau announced penalty: Earned 260,000 yuan by buying "Qitian Technology" stock after hearing insider information at the office door.

Recently, the Ningbo Securities Regulatory Bureau announced a penalty for insider trading. The penalty shows that Li, upon hearing insider information at the office entrance, then operated their relative's account to buy "Qitian Technology" stocks, with a transaction amount of approximately 300,000 yuan and a profit of 260,000 yuan. Li argued that they did not intentionally try to obtain insider information, but just happened to overhear relevant conversations. As for using a relative's account to buy stocks, Li stated that it was to gain profits through stock trading to subsidize their relatives.