China to Crack Down on Stock Market Fake News Amid AI Misinformation Surge
China's securities regulator will intensify efforts to monitor and combat fake information in the stock market, working alongside police and cyberspace authorities, state media reported on Saturday.
The China Securities Regulatory Commission (CSRC) aims to "hit early, hit hard, and hit at the heart" of the issue, according to the Securities Times. The rise of artificial intelligence has made it easier to create and spread misleading information, which can deceive investors or manipulate stock prices, the Shanghai Securities News reported.
Chinese AI company DeepSeek has gained popularity among retail investors and fund managers, who use AI to assess companies and make investment decisions. However, this increased reliance on AI also exposes investors to the risk of misinformation generated by artificial intelligence.
The CSRC plans to take a more proactive approach in dispelling stock market rumours by issuing clarifications. It will also enhance investor education to improve their ability to identify fake news, the Securities Times reported.
The crackdown coincides with World Consumer Rights Day on 15 March, an annual event in China that highlights consumer protection through television and social media campaigns.
China’s securities regulator will strengthen monitoring of stock market misinformation
AI-generated fake news is increasingly being used to manipulate stocks
The CSRC will issue clarifications and educate investors to combat misinformation
Source: REUTERS
