Shares of Fidelity China Special (LON:FCSS - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 286.78 ($3.72) and last traded at GBX 286 ($3.71), with a volume of 1252980 shares trading hands. The stock had previously closed at GBX 280.50 ($3.64).
Fidelity China Special Stock Down 2.0 %
The stock has a market cap of £1.36 billion and a price-to-earnings ratio of 1.36. The business's 50 day simple moving average is GBX 248.42 and its 200 day simple moving average is GBX 222.77.
Fidelity China Special Company Profile
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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.
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