IN BRIEF: Fidelity China annual net asset value rises; lifts dividend

Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Fidelity China Special Situations PLC - China-focused investment trust - Total net asset value per share as at March 31 stands at 274.08 pence, up from 272.52p on the same date a year earlier. NAV return for the year ended on March 31 is 2.6%, outperforming the MSCI China index, which returns 1.4%. Declares a dividend of 6.25 pence per share for financial 2023, up 14% from 5.50p a year prior. Looking ahead, says GDP growth is forecast to come back in line with longer-term trends at above 5% in 2023.

Current stock price: 217.72 pence each, down 0.8% on Thursday morning in London

12-month change: down 21%

Copyright 2023 Alliance News Ltd. All Rights Reserved.