China blocked the Weibo and WeChat accounts of Hong Hao, managing director and chief strategist of Bocom International Holdings, without specifying which Chinese social media regulation was violated.
Just recently, Hong Hao warned of the huge amount of capital leaving China and made bearish forecasts about the Chinese stock market.
Hong Hao’s WeChat account “Hong Hao’s China Market Strategy” was suspended around the evening of Saturday, April 30. A search of his account resulted in a message saying that the account violated the “Regulations on the Management of Internet Users’ Public Account Information Services” and all content was blocked.
His Weibo account, which has more than three million followers, also “no longer existed.”