Fidelity China Special (LON:FCSS) Shares Climb 0.6% – What’s Next?

Fidelity China Special (LON:FCSS)’s stock price shot up 0.6% on Tuesday. The stock traded as high as GBX 234.50 and last traded at GBX 234. 477,103 shares changed hands during trading, a decline of 51% from the average daily volume of 972,493 shares. The stock had previously closed at GBX 232.50.

Fidelity China Special Stock Up 0.6%

The stock has a market capitalization of £1.05 billion, a PE ratio of 7.87 and a beta of 0.90. The stock’s 50 day moving average price is GBX 241.69 and its 200-day moving average price is GBX 273.53.

Fidelity China Special Company Profile

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.