JPMorgan China Growth & Income (LON:JCGI) Trading Up 1.6% - Should You Buy?

Key Points

• Shares rose 1.6% to GBX 292.05 on Monday with volume about 66% above average; the 50‑day and 200‑day moving averages are GBX 292.75 and GBX 290.27 respectively.
• The trust has a market cap of £242.23m and a P/E of 3.83, reporting quarterly EPS of GBX 3.89, a return on equity of 24.72% and an unusually high reported net margin of 300.88%.
• JPMorgan China Growth & Income focuses on companies in Greater China that benefit from the shift to a consumer‑driven "New China" while aiming to deliver a predictable quarterly income distribution.

JPMorgan China Growth & Income plc (LON:JCGI - Get Free Report)'s share price was up 1.6% during trading on Monday . The company traded as high as GBX 294 and last traded at GBX 292.05. Approximately 391,656 shares changed hands during trading, an increase of 66% from the average daily volume of 235,303 shares. The stock had previously closed at GBX 287.50.

JPMorgan China Growth & Income Stock Up 1.6%

The business has a fifty day moving average of GBX 292.75 and a 200 day moving average of GBX 290.27. The firm has a market cap of £242.23 million, a P/E ratio of 3.83 and a beta of 0.85.

JPMorgan China Growth & Income (LON:JCGI - Get Free Report) last issued its earnings results on Friday, December 19th. The company reported GBX 3.89 earnings per share (EPS) for the quarter. JPMorgan China Growth & Income had a return on equity of 24.72% and a net margin of 300.88%.

About JPMorgan China Growth & Income

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.

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