Shares of Fidelity China Special (LON:FCSS - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 240.98 ($3.26) and traded as high as GBX 249.53 ($3.38). Fidelity China Special shares last traded at GBX 247.50 ($3.35), with a volume of 471,152 shares trading hands.
Fidelity China Special Stock Down 1.0%
The business's 50 day moving average is GBX 240.04 and its 200 day moving average is GBX 238.33. The company has a market cap of £1.24 billion and a P/E ratio of 1.24.
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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