Chinese social media platforms to ‘rectify’ financial self-media accounts | Malay Mail

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SHANGHAI, Aug 28 — China’s top social media platforms, Wechat, Douyin, Sina Weibo and Kuaishou, said today they would begin to rectify irregular practices of “self-media” accounts that publish financial information, reported state media Global Times. This follows an announcement by...

SHANGHAI, Aug 28 — China’s top social media platforms, Wechat, Douyin, Sina Weibo and Kuaishou, said today they would begin to rectify irregular practices of “self-media” accounts that publish financial information, reported state mediaThis follows an announcement by China’s cyberspace regulator, the Cyberspace Administration of China , that it would look into accounts that have repeatedly released financial news illegally, distorted economic policy interpretation, badmouthed financial markets,...

Wechat said in a statement on Saturday that from now until October 26, it would investigate and shut down financial self-media accounts that “badmouth the financial market” and “blackmail and spread rumours.”

 

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