The Zhejiang financial circle collapsed, and the anti-corruption efforts over the past two years have not been limited to government departments.
- I saw a report on Douyin about an anti-corruption investigation in the Zhejiang financial sector. I had written about the prelude to financial corruption once before, but didn’t follow up on related reports afterward.
- I still check financial news every day, and previously I rarely saw any reports about financial corruption. However, there have been increasing reports of financial corruption over the past two years, with more and more senior executives from banks, securities firms, and other financial institutions being investigated.
Financial Anti-Corruption Curtain Rise
“Increased scrutiny of third-party advisor regulation, and the beneficiaries behind the ‘Douyin (TikTok) stock trading’ phenomenon face a crackdown?”
The hammer is falling. Following the surge of short videos, investment advisory services are reportedly entering a fast lane. In late September, after a period of intense activity in the A-share market, Douyin (TikTok) recommendations for stocks garnered attention from various parties. Numerous financial commentators have risen to prominence on Douyin, indirectly causing some volatility in capital markets. Behind these rapidly rising financial commentators lies a significant force: third-party investment
When you want to make money
Ordinary people are social animals, that’s right – you are an individual, and also a bipedal animal, with strong social attributes; you have feelings of inferiority and vanity, and society is constantly changing and eroding your everydayness. We don’t discuss those great figures, those who willingly burn themselves for society or the nation.
My Current Situation Looking at average salaries or my hometown wages, my current income is significantly above the average – what’s there to be dissatisfied with?