Recently, the well-known Chinese expert on state-owned enterprises and corporate issues, economic analyst, and former dean of the Capital Finance Research Institute of China University of Political Science and Law, Liu Jipeng, has once again been banned from speaking out, sparking a heated discussion.
Liu Jipeng’s Weibo account shows a message stating “The user is currently banned from speaking due to violations of relevant laws and regulations,” with his last update dated September 5th. The reasons behind Liu Jipeng’s ban from speaking out are currently unknown.
However, the financial news platform “Phoenix Net Finance” posted on their Weibo account on September 13th, indicating that Liu Jipeng had made recent remarks on their media program.
“Phoenix Net Finance” reported: “Liu Jipeng, former dean of the School of Business at China University of Political Science and Law, stated on ‘Phoenix Bay Area Direct Line’ program that to compensate investors, fraudulent listed companies should make the wrongdoers, major shareholders involved in fraud, intermediary institutions, accounting firms, sponsors, and securities firms pay for compensation. This issue of compensation must be publicly announced before delisting. It should make people feel that delisting is better than not delisting. Firstly, it purifies the market, and secondly, it minimizes my losses. Therefore, from this perspective, we must first establish a pilot program for compensating investors.”
Liu Jipeng being banned from speaking out again has attracted attention online.
A financial blogger and Weibo influencer “Stock Knight” commented: “Liu Jipeng has been banned again. Those who dare speak the truth and understand the market are all silenced. What’s the point of this market then?”
Professional investor, financial blogger, and Weibo influencer “Wan Dianhao” said: “What on earth! Teacher Liu Jipeng has been banned from speaking out again. Can we no longer speak freely about A-shares? It’s time for me, Haohao, to transition, what should I focus on now?”
The author of a popular financial article, financial blogger, and Weibo influencer “Old Liang’s Bull Stocks” remarked: “Last time Professor Liu Jipeng was banned from speaking was in June! It’s not even three months, and he’s banned again! If Professor Liu Jipeng is banned from speaking too many times, he may face the risk of being permanently blocked.”
In December last year, Liu Jipeng was subject to a widespread ban from online platforms. On December 8th, it was noted that Liu Jipeng’s accounts on Douyin, Weibo, and Today’s Headlines, among several other social platforms, were banned from speaking and being followed. His Douyin account had over 760,000 followers, Weibo over 510,000 followers, and Today’s Headlines over 340,000 followers.
On December 1st, at the 2024 NetEase Economists Annual Conference, Liu Jipeng mentioned that China’s capital market-related systems are still imperfect, and for ordinary stock investors, now is not a good time for stock trading.
On December 2nd, at the “Hexun Finance 2023 Conference,” he stated that for capital markets like A-shares, we must aim for the market to reach 4000 points; lingering around 3000 points for an extended period is too risky, causing investors to lose confidence.
On December 5th, in a recent lengthy Weibo post, Liu Jipeng referenced discussions from a financial seminar, questioning the economic condition at around 3000 points, stating, “Our economy is not doing well at 3000 points. In 2016, we crossed the 3000-point mark 52 times, so where is the crux of the issue?” On November 29 of the same year, he mentioned that the key to the stock market not picking up lies in the system.
On December 24th, Liu Jipeng suddenly made a statement on his WeChat Moments, announcing, “Since December 7th, 2023, I have stepped down from the position of dean of the Capital Finance Research Institute at China University of Political Science and Law. Due to recent occasions where my friends have still used this title in numerous social activities, I hereby clarify and inform all my friends.”