JPMorgan China Growth & Income plc (LON:JCGI – Get Free Report) hit a new 52-week low during trading on Wednesday. The company traded as low as GBX 241.40 and last traded at GBX 247, with a volume of 167,375 shares trading hands. The stock had previously closed at GBX 248.50.
JPMorgan China Growth & Income Price Performance
The stock has a market capitalization of £193.75 million, a PE ratio of 7.38 and a beta of 0.83. The firm’s 50 day simple moving average is GBX 265.10 and its 200 day simple moving average is GBX 273.28.
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.
Recommended Stories
- Five stocks we like better than JPMorgan China Growth & Income
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Receive News & Ratings for JPMorgan China Growth & Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan China Growth & Income and related companies with MarketBeat.com's FREE daily email newsletter.
