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Half Yearly Report 2024 Results Announcement

Fidelity

Fidelity - Investment Team

Half-Yearly results for the six months ended 30 September 2024

Key Highlights:

  • During the six months ended 30 September 2024, Fidelity China Special Situations PLC reported a Net Asset Value (NAV) total return of +16.1% and an ordinary share price total return of +13.3%.
  • The Benchmark Index, the MSCI China Index, returned (in UK sterling terms) +24.5% over the same period.
  • The trend of increasing shareholder returns through dividends and buybacks remains strong.
  • There are signs of confidence growing among domestic investors who recognise the fundamental change in the level of commitment by the government to tackling economic challenges.