The sentence for the crime of manipulating the futures market is: if the circumstances are serious, the perpetrator shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also or solely be fined; if the circumstances are particularly serious, the perpetrator shall be sentenced to not less than five years and ten years. The following shall be punishable by fixed-term imprisonment and a fine.

Legal Basis

Article 182 of the Criminal Law of the People's Republic of China

Manipulation of securities and futures occurs under any of the following circumstances: If the circumstances are serious, the person shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and concurrently or solely with a fine; if the circumstances are particularly serious, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than 10 years. Also subject to fines:

(1) Individually or in collusion, concentrating financial advantages, shareholding or position advantages, or taking advantage of information advantages to jointly or continuously trade;

(2) Colluding with others , conducting securities and futures transactions with each other at a pre-agreed time, price and method;

(5) Using false or uncertain material information to induce investors to conduct securities and futures transactions;

(6) Making public evaluations, predictions or investment suggestions on securities, securities issuers, and futures trading targets, and at the same time conducting reverse securities transactions or related futures transactions;

(7) In other ways Methods to manipulate securities and futures markets.