The Company has announced Half-Yearly Results for the year ended 30 September 2023.
Key Highlights:
- Fidelity China Special Situations PLC reported a Net Asset Value (NAV) return of -10.9% compared to the -10.3% return of the Benchmark Index in the six months ended 30 September 2023.
- The share price return was -12.9% during the same period.
- Despite market sentiment, robust stock picking in the consumer discretionary and health care sectors proved rewarding.
- The Portfolio Manager believes valuations remain compelling in historic and absolute terms.