On 1st November, the news that the hedge fund firm Zexi Investment's general manager, Xu Xiang and several other people were detained by the police shocked the stock market in China.

Anbound’s scholars are of the view the anti-graft campaign has entered into the deep-water zone as the government steps up its campaign against the financial sector on "improper transfer of benefits", and the campaign against insider trading and stock price manipulation is a reflection that for the stock market sector, the anti-graft campaign has entered the deep-water zone.

By now, stock market investors should aware that the government is serious on its anti-graft campaign.