The Company has announced Half- Yearly results for the year ended 30 September 2021.
- The net asset value (“NAV”) of the Company decreased by -16.9% for the six months ended 30 September 2021. The Benchmark Index decreased by -14.4%.
- The discount widened from 1.1% at the start of the reporting period to 9.2%, due to a share price total return of -23.7%.
- Recent regulatory events should be viewed as part of an overarching aim to foster sustainable growth, boost social equality and ensure a balanced economic model.
- History teaches us that these are usually the periods that offer the most attractive opportunities. Corporate earnings for the market are forecast to grow over 15% for the next twelve months, with the Company’s portfolio comfortably above this level.
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