Fidelity China Special (LON:FCSS) Announces Earnings Results

Fidelity China Special (LON:FCSS) posted its earnings results on Tuesday. The company reported GBX 9.22 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 3,791 million during the quarter. Fidelity China Special had a return on equity of 35.31% and a net margin of 93.41%.

Fidelity China Special Stock Performance

LON FCSS opened at GBX 278.78 on Tuesday. The stock has a 50-day simple moving average of GBX 289.18 and a two-hundred day simple moving average of GBX 302.67. The firm has a market capitalization of £1.28 billion, a P/E ratio of 2.48 and a beta of 0.88. Fidelity China Special has a fifty-two week low of GBX 241 and a fifty-two week high of GBX 339.

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.