JPMorgan China Growth & Income (LON:JCGI) Stock Price Up 1.6% – Here’s What Happened

Shares of JPMorgan China Growth & Income plc (LON:JCGI) were up 1.6% during mid-day trading on Monday . The company traded as high as GBX 281.50 and last traded at GBX 281.50. 97,711 shares traded hands during trading, a decline of 57% from the average session volume of 227,085 shares. The stock had previously closed at GBX 277.

JPMorgan China Growth & Income Stock Up 0.5%

The company has a market capitalization of £220.40 million, a P/E ratio of 8.25 and a beta of 0.83. The business has a fifty day moving average price of GBX 273.55 and a 200 day moving average price of GBX 281.54.

JPMorgan China Growth & Income (LON:JCGI) last posted its quarterly earnings data on Thursday, June 4th. The company reported GBX 0.24 earnings per share (EPS) for the quarter. JPMorgan China Growth & Income had a return on equity of 10.57% and a net margin of 60,650.00%.The business had revenue of GBX 100 million during the quarter.

JPMorgan China Growth & Income Company Profile

Strategic thinking for Chinese markets

JPMorgan China Growth & Income plc aims to provide the best of both worlds. The Manager focuses on investing in Chinese companies listed on domestic exchanges and companies in Greater China by focusing on the growth of “New China” – companies and sectors that are capitalising on the transition of the country to a more consumer-driven economy – whilst the Company aims to deliver a predictable quarterly income distribution – announced at the start of each financial year.

Key points

Expertise – Strong focus on research capabilities, with investment teams based in Hong Kong, Taiwan and mainland China.
Portfolio – Focuses on companies benefiting from the transition of China to a consumer-driven economy.
Results – Benefits from the economic transformation and evolving role of China as a global economic superpower while aiming to deliver a predictable quarterly income.

Why invest in this trust

The first investment trust to focus purely on the greater China region, the JPMorgan China Growth & Income plc capitalises on our extensive local knowledge and experience to find attractive opportunities in China, Taiwan and Hong Kong.