Fidelity China Special (LON:FCSS) Releases Earnings Results

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

Fidelity China Special Stock Up 0.2%

FCSS opened at GBX 278.69 on Tuesday. The business has a fifty day moving average of GBX 289.18 and a 200 day moving average of GBX 302.67. Fidelity China Special has a 52-week low of GBX 241 and a 52-week high of GBX 339. The stock has a market cap of £1.28 billion, a P/E ratio of 2.48 and a beta of 0.88.

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.