Fidelity China Special (LON:FCSS) Announces Earnings Results

Fidelity China Special (LON:FCSS) released its quarterly earnings data on Tuesday. The company reported GBX 9.22 earnings per share for the quarter, Digital Look Earnings reports. Fidelity China Special had a net margin of 81.41% and a return on equity of 9.12%. The business had revenue of GBX 3,791 million during the quarter.

Fidelity China Special Trading Down 1.1%

Fidelity China Special stock opened at GBX 273 on Thursday. Fidelity China Special has a 1-year low of GBX 241 and a 1-year high of GBX 339. The firm has a market capitalization of £1.25 billion, a price-to-earnings ratio of 2.42 and a beta of 0.88. The firm has a 50 day simple moving average of GBX 289.08 and a 200 day simple moving average of GBX 302.19.

About Fidelity China Special

As the world’s second-largest economy, China is shifting from export-led growth towards an economy driven by domestic consumption. With expanding middle classes, rising incomes and technological innovations driving this change and creating a solid backdrop for companies to thrive, investors seeking an effective globally diversified portfolio may want to consider allocating some of their portfolio to China.

Fidelity China Special Situations PLC provides focused exposure to companies benefiting from this growth opportunity.