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What is personal manipulation of the stock market and why is it illegal?

first of all, is the stock it owns legal or not? Secondly, there are also regulations that it is not possible to manipulate prices.

Article 182 of the revised new criminal law of our country stipulates: "Under the following circumstances, whoever manipulates the trading prices of securities and futures, gains illegitimate interests or passes on risks, if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than one time but not more than five times the illegal income: (1) manipulating the trading prices of securities and futures, either alone or in collusion, by concentrating capital advantages, shareholding advantages or by taking advantage of information advantages; (2) colluding with others, trading securities and futures with each other at the time, price and manner agreed in advance, or buying and selling securities that are not held by each other, which affects the trading price or trading volume of securities and futures; (3) buying and selling futures contracts by oneself without transferring the ownership of securities, or buying and selling futures contracts by oneself, which affects the trading price or trading volume of securities and futures; (4) manipulating the trading prices of securities and futures by other means. " In view of the serious situation that the unit manipulates the price of securities trading, the second paragraph of this article of the Criminal Law also specifically stipulates: "If a unit commits the crime of manipulating the price of securities and futures trading, it shall be fined, and the directly responsible person in charge and other directly responsible personnel shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention." According to this provision of the Criminal Law, the author believes that the so-called crime of manipulating the trading price of securities and futures refers to a serious act of manipulating the trading price of securities and futures in order to obtain illegitimate interests or pass on risks.

it is a serious violation of laws and regulations for a banker to manipulate the stock market. However, for many years, in the China stock market, there are many situations in which bookmakers manipulate the stock market. First, in some years, under the policy guidance of supporting the listing of state-owned enterprises, the relevant government departments require brokers and fund companies to strive to maintain the high price of the stock market so that state-owned enterprises can have a higher issue price; Second, some institutions (including securities, industrial and commercial enterprises and listed companies) manipulate a number of stocks in order to gain profits in the operation of the stock market, either independently or jointly; Third, in order to obtain high returns from stock market operations, some individuals use institutional funds under the guise of institutions. If they succeed, most of the gains will go to individuals; if they fail, the losses will be borne by the institutions; Fourth, some individuals not only obtain huge "information fee" income by "providing" information about the agency, but also contact a group of followers for the dealer.