Just before the Enron and WorldCom cases were exposed in the United States, the Chinese media had unveiled a fund scandal in its securities trading. In this case, some institutions were found of manipulating stock prices.
The year 2001 also saw the Yin Guang Xia case, which was similar to the Enron scandal in that the listed company disclosed false information and engaged in unlawful trading in its stock. In 2003, a larger scandal of listed company broke out with the collapse of the De Long Conglomerate.