JPMorgan China Growth & Income plc (LON:JCGI – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as GBX 253 and last traded at GBX 258, with a volume of 78323 shares trading hands. The stock had previously closed at GBX 256.
JPMorgan China Growth & Income Price Performance
The firm has a market capitalization of £203.00 million, a PE ratio of 7.71 and a beta of 0.83. The company’s fifty day simple moving average is GBX 268.03 and its 200 day simple moving average is GBX 275.29.
JPMorgan China Growth & Income Company Profile
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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