Guosheng Computer Select: Focus on Fintech Opportunities

English summary

# New measures to stabilize foreign investment issued on June 22, may improve convenience for foreign investment. In expanding market access, support foreign-funded enterprises in carrying out fund investment advisory business and other measures. In improving investment convenience, implement tax incentives for overseas investors investing directly with distributed profits. In improving investment promotion, further enhance the brand influence of 'Invest in China'. In strengthening service guarantee systems, support foreign-funded enterprises in participating in consumer promotion actions. In optimizing foreign investment management, improve the information sharing mechanism for foreign investment. # Securities firms' follow-on investment ratio for STAR Market is 2%-5%, expected to enjoy growth dividends. On April 16 afternoon, SSE WeChat issued the 'STAR Market Stock Issuance and Underwriting Business Guidelines', stipulating that sponsor institutions' follow-on investment ratio is 2%-5% with a 24-month lock-up period, longer than shares held by other pre-issuance shareholders except controlling shareholders and actual controllers. We believe the follow-on investment system is expected to bind the interests of sponsors and issuers, allowing securities firms to enjoy returns from follow-on investments in sci-tech enterprises and improve sponsorship standards.…