Businesses>Investment management

Topsperity Securities actively promotes primary and secondary market investment based on industrial fundamental. In terms of primary market, Topsperity Securities has expanded the upstream and downstream layout of the industrial chain around the overall fintech development strategy. In the secondary market, Topsperity Securities insists on "standing on the floor of value to dance with the cycle", allocating premium assets at the bottom of the cycle, helping industrial development with capital, and striving to double the profits from both rising performance and rising valuation brought by the recovery of the cycle.

In terms of equity investment, Topsperity Securities emphasizes industrial coordination and attaches importance to multi-dimensional post-investment empowerment. In recent years, Topsperity Securities, with the help of its two subsidiaries of alternative investment and PE fund, has focused on key areas such as fintech, new consumption, medicare and health, high-end manufacturing, etc., and has identified a batch of high growth fintech companies. In the meantime, the in-depth cooperation with the invested enterprises enables Topsperity Securities to develop the whole business chain.

The self-operated business of Topsperity Securities includes two major investment categories: equity and fixed income. The firm carries out the concept of "portfolio investment" to diversify the correlation among investment varieties through the portfolio investment mode of cross-variety, cross-industry, cross-region and cross-time, and strives to improve the investment income while hedging against market risks. In recent years, compared with CSI 300 index in the same period, Topsperity Securities equity investment has achieved excess returns, same as fixed income investment compared with China Securities Composite Bond Index in the same period. In the next stage, Topsperity Securities will refer to overseas experience, develop FICC business and strengthen the use of financial derivative instruments.

In the future, Topsperity Securities will strengthen investment in primary and secondary markets, strive to resolve the risk arising from excessive volatility of proprietary investment income of traditional securities brokers, while optimizing corporate profit in pursuit of stable growth in the long run.