Code: 600888), (his father bought nearly 60,000 shares, earning nearly 290,000 yuan, and another account bought more than 200,000 shares, earning 6.5438+0.2 million yuan), with a total profit of 6.5438+0.5 million yuan. This is commonly known as the "rat warehouse" among the people, and it is also a typical criminal act suspected of insider trading.
Xinjiang Zhonghe is the darling of fund industry investment under the background of nonferrous metal fever in 2006. Many funds that invest in Morgan Stanley hold Xinjiang Zhonghe, including Morgan Stanley Double-Profit Balanced Hybrid Fund, Alpha Equity Fund, Huaxia Advantage Fund and Growth Pioneer Fund, which were established on September 20, 2006. Before becoming a growth pioneer fund manager, Tang Jian was an assistant fund manager of Alpha. At the end of September 2006, the share price of Xinjiang Zhonghe was about 17 yuan per share, and then it soared to 28 yuan.
At the beginning of 2007, the Fund Department of the China Securities Regulatory Commission issued document 2007 1, requiring fund companies to declare the ID numbers and securities accounts of employees themselves and their immediate family members, saying that they would be severely punished if they concealed, failed to report or traded stocks in a hidden capacity. Although this is interpreted by the outside world as the supervision layer is establishing a monitoring system for the fund manager's "mouse warehouse", it has not attracted enough attention within the fund industry. In fact, it was from this time that the behaviors of Tang Jian and others were gradually brought into the regulatory vision.
On the afternoon of May 16, 2007, Shanghai Investment Morgan Fund Management Co., Ltd. stated that Tang Jian, the former fund manager of Shanghai Investment Morgan Growth Pioneer Stock Securities Investment Fund, was suspected of using the information he had to conduct illegal investment activities, failing to truthfully declare the investment behavior of individuals and their families, deceiving the company and seriously violating the company system. On May 15, 2007, the company removed Tang Jian from the position of growth pioneer fund manager and all other positions, and dismissed him.