Fidelity China Region (FHKCX)
Fidelity China Region operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $72.61, up 0.19% on the session, giving a market capitalisation of $2.89B. Its beta of 0.98 implies it has historically moved less than the broad market.
The Fidelity China Region fund is designed to achieve significant long-term growth of capital. Typically, at least 80% of its portfolio is dedicated to securities issued by entities based in Hong Kong, Taiwan, and mainland China, or other investments with strong economic ties to the broader China region. The fund primarily holds common equities and diversifies its investments across various countries within this region. It may allocate up to 35% of its total assets to any particular industry, provided that industry constitutes more than 20% of the combined market capitalization of Hong Kong, Taiwan, and China. Investment selections are made through a comprehensive fundamental analysis, evaluating factors such as the financial health and industry standing of individual issuers, alongside overall market and economic conditions.
Fidelity China Region is most often compared with the following Financial Services names: