# Zhejiang Securities Regulatory Bureau

Regulatory Reckoning: China Slaps Rectification Order on Hangzhou Fintech Advisor

The Zhejiang Securities Regulatory Bureau has ordered Hangzhou Dingdian Finance to undergo mandatory rectification following a probe that revealed unlicensed advisory activity, misleading performance claims, and KYC failures. This enforcement action underscores China's commitment to tightening oversight on digital investment consultants and protecting retail investors from predatory marketing.