Insider trading arrests have never been due to bad luck. He mentioned the recent case of Yueling Co., which was fined by the Zhejiang Securities Regulatory Bureau, involving Zhong Zhenchao, Di Liuyan, and Chen Xuehui, all of whom had a close relationship with the former chairman Lin Xianming.

Around the Spring Festival of 2024, intermediary Chen Mou Chong leaked the sale of control of Shanghai Yuanyue Automotive Electronics to the secretary of the Yueling Co. board, Chen Mou Jun, and Lin Xianming was immediately informed.

As a result, on March 23, 2024, the company had just reached an intention agreement to acquire 51% of the shares with Yuanyue Automotive, and the announcement was only made after the market closed on March 29. The news had leaked beforehand – those few people took advantage of their internal connections to buy shares early and ended up being heavily penalized.

Now, just thinking about them still believing they could make money through covert operations gives me chills. Do you have such 'moving accounts before the news comes out' tricks around you?