Fidelity China Special Situations PLC (FECHF)
Fidelity China Special Situations PLC operates in the Asset Management industry of the Financial Services sector, headquartered in Hong Kong, HK. The stock last traded at $3.64, up 26.39% on the session, giving a market capitalisation of $1.66B. On trailing twelve-month figures it carries a trailing P/E of 10.13, a net margin of 81.4%. Its beta of 0.40 implies it has historically moved less than the broad market.
Fidelity China Special Situations PLC is a UK-domiciled, closed-ended equity investment company. It operates under the primary management of FIL Investment Services (UK) Limited, with FIL Investment Management (Hong Kong) Limited and FIL Investments International also providing co-management services. The fund's core objective is to allocate capital within the public equity markets of China. This encompasses enterprises listed in mainland China and Hong Kong, as well as Chinese firms whose shares trade on other international stock exchanges. Its investment approach focuses on constructing a portfolio of growth-oriented companies that operate across a wide array of sectors. Investment decisions are underpinned by thorough proprietary research conducted internally, and the fund retains the flexibility to employ derivative instruments. Formed on January 22, 2010, the company measures its portfolio's financial performance against the MSCI China Index.
Fidelity China Special Situations PLC is most often compared with the following Financial Services names: