Legal Analysis: Is it illegal to manipulate the stock price? This is illegal. Institutional manipulation of stock market transactions and stock market prices violates the securities law. The provisions on the determination of market manipulation in China's Securities Law mainly focus on Article 7 1 of the Securities Law. This article mainly specifies the types of manipulation behavior by enumerating, and also presupposes some conditions for identifying market manipulation. As China is a legal country, the administrative and judicial organs must adjudicate cases in strict accordance with the law in the process of law enforcement, and are not allowed to go beyond or tamper with the law. Therefore, the interpretation of the norms of market manipulation in the Securities Law is actually related to the specific identification of market manipulation in the process of judicial and administrative law enforcement in China, which has important theoretical and practical significance.

Legal basis: Article 182 of the Criminal Law of People's Republic of China (PRC), whoever manipulates the securities and futures market and affects the trading price or volume of securities and futures, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention and shall also or only be fined; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined: (1) concentrating capital advantages, holding shares or positions, or using information advantages to jointly or continuously buy and sell; (2) colluding with others to trade securities and futures with each other at the time, price and method agreed in advance; (3) buying and selling securities between accounts under its actual control, or buying and selling futures contracts on its own. (four) for the purpose of closing a transaction, frequently or in large quantities, and cancel the declaration; (5) Using false or uncertain important information to induce investors to trade securities and futures. (6) Making comments, predictions or investment suggestions on the disclosure of securities, securities issuers and futures trading targets, and conducting reverse securities trading or related futures trading at the same time; (7) Manipulating the securities and futures markets by other means. If a unit commits the crime mentioned in the preceding paragraph, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be punished in accordance with the provisions of the preceding paragraph.