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China to crack down on stock market fake news as AI spurs misinformation, says state media

China's securities watchdog will step up monitoring fake information in the stock market and work with the police and cyberspace regulators to crack down on those who disseminate false news, which is being made easier by AI, official media reported on Saturday. Regulators will "hit early, hit hard, and hit at the heart" of the issue, the Securities Times said. Artificial intelligence has become a new tool for creating and spreading misleading information to con investors or manipulate stocks, luring investors with the prospect of getting rich quickly, the Shanghai Securities News said in a separate article.