JPMorgan China Growth & Income (LON:JCGI) Insider Buys £15,535 in Stock

JPMorgan China Growth & Income plc (LON:JCGI) insider Joanne Wong acquired 6,500 shares of the stock in a transaction dated Wednesday, October 21st. The stock was acquired at an average cost of GBX 239 per share, with a total value of £15,535.

JPMorgan China Growth & Income Price Performance

Shares of JCGI stock traded up GBX 7 during trading on Friday, reaching GBX 237. The company’s stock had a trading volume of 190,618 shares, compared to its average volume of 211,318. The company has a market capitalization of £185.91 million, a price-to-earnings ratio of 7.08 and a beta of 0.83. The stock’s 50-day moving average price is GBX 259.99 and its 200 day moving average price is GBX 271.56. JPMorgan China Growth & Income plc has a 1-year low of GBX 221 and a 1-year high of GBX 307.

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.