Chairman of the CVM, Wu Qing: Under the law, we have to deal with such things as the use of artificial intelligence for illegal promotion

On 17 June, the Chairman of the CVM, U Qing, stated at the Luk Jia Forum that the next step would be to scrutinize violations such as the use of technology as a hot spot, the concept of fire, and even the operation of markets and insider trading. Guidance on the development of artificial intelligence in the capital market is issued in due course, and the use of artificial intelligence for the illegal promotion of shares is strictly combated by law, even by the use of artificial intelligence to spread rumours, illicit transactions, etc. Wu Tsing also indicated that the ISP extended the application of the fifth set of standards to the Artificial Intelligence Large Model Industry. In an orderly manner, further and deeper science and innovation reforms will be pursued, and support for new types of consumption and modern services will be increased, and new and innovative entrepreneurship for better service growth will be developed。