JPMorgan China Growth & Income plc (LON:JCGI – Get Free Report) rose 1.7% during trading on Wednesday . The stock traded as high as GBX 291 and last traded at GBX 291. Approximately 247,814 shares changed hands during mid-day trading, a decline of 4% from the average daily volume of 258,124 shares. The stock had previously closed at GBX 286.
JPMorgan China Growth & Income Trading Down 0.7%
The stock has a market cap of £228.51 million, a P/E ratio of 3.67 and a beta of 0.84. The firm’s 50-day simple moving average is GBX 282.43 and its 200 day simple moving average is GBX 287.51.
About JPMorgan China Growth & Income
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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