Recently, the Cyberspace Administration of China, in collaboration with relevant departments, has taken action against a number of accounts that publicly recommended individual stocks, lured users into joining groups for stock-picking advice, and peddled illegal stock recommendation software. Some typical cases are highlighted below. First, accounts such as "张哥滚雪球" openly promoted specific stocks and encouraged herd-following trading behaviors. Platforms including the Weibo account "张哥滚雪球," the WeChat public account "亡命哥实盘," and the Xiaohongshu account "海哥抓龙" built personas as investment experts by sharing profit screenshots, trading techniques, and live portfolio updates to recommend stocks and incite followers to mimic trades. The involved accounts have been shut down in accordance with laws and platform rules. Second, accounts like "围棋投研" induced users to join groups for illicit stock recommendations. Accounts including the Xueqiu account "围棋投研," the Weibo account "许文臣," and the Bilibili account "钟离4723" used phrases such as "insider information," "guaranteed profits," and "expert picks" to attract users into paid groups offering illegal stock advice, with some charging high membership fees. These accounts have been closed as required by regulations. Third, accounts such as "风口捕手" marketed illegal stock-picking tools with exaggerated and false claims. Accounts on Kuaishou, including "风口捕手," "财经琪姐," and "珂男探股," promoted so-called "high-efficiency AI stock selection software" or tools touted as having accurate price forecasts during live streams, enticing users to pay for these services. The relevant accounts have been subjected to disciplinary measures in line with legal and platform guidelines. The Cyberspace Administration of China reminds the public to adopt rational investment principles, enhance risk awareness, improve their ability to discern financial information, and steer clear of all forms of illegal financial activities to safeguard their property effectively.