Fidelity China Special S... Share Discussion Threads

[its the oxman] 01/2/2019 15:04

Bloody awful. Just getting back over 200p. In for the long haul here. Will move sharp when it does though. Buy buy buy.

[shavian] 04/12/2018 07:37

Benn adding a few of these over the past month. Not like me to start at the bottom! :0)

[nimbo1] 08/10/2018 09:01

where is the bottom here? markets feel like a slow motion car crash at the moment but it doesn't yet feel like we are anywhere near capitulation stage. I want to buy these in my sipp but sat on my hands at the moment.

[cordwainer] 21/8/2018 14:59

In my view the unreduced tencent positioning was a management misstep given the increased regulatory and competitive threats, but i guess there would have been some profit taking on the way up just to maintain the similar weighting. Guessing range bound below 245p until Q4 on largely indirect effects of politics / sentiment. Top up below 225p seems very reasonable.

[its the oxman] 16/8/2018 08:46

300p seems a long way off now, added today 218p

[its the oxman] 07/6/2018 09:46

Be nice if the share price can get to 300p as well this year.

[its the oxman] 22/5/2018 07:54

Nav all time high c.300p

[lance corporal winstanley ash] 10/5/2018 12:25

nav creeping up again

[cordwainer] 16/4/2018 17:31

Not sinking, but correcting along with equities in general since January, so far. For starters, Alibaba and Tencent are both down 15% over the past month and together make up around 25% of the fund. They are the main reason I trimmed my FCSS holding in December on valuation concerns, although I'm not sure whether at least part of these holdings are via the NYSE ADR's but they got hit by recent tech sector sentiment just the same I suppose. No doubt the manager will say these stocks are all about the longer term growth story. OTOH, we have a discount of around 12%, and a larger portion of presumably hand-picked smaller companies less exposed to global market trading.

[its the oxman] 16/4/2018 09:52

229p is this ship sinking?

[cordwainer] 18/3/2018 17:30

NAV retesting high point at 291p but discount slightly more than 1-yr average. New Chinese central bank governor to be chosen tomorrow.

[its the oxman] 22/1/2018 12:10

Interesting, discount to nav closing in to 10%

[lance corporal winstanley ash] 10/1/2018 08:41

Nav now at 290Jupiter India acc fund just started to come to life now as well.

[its the oxman] 09/1/2018 09:06

Also surprised the discount hasn't narrowed in a bit, still well over 10% which looks very harsh. At least it makes it more attractive to buy while it lasts.

[its the oxman] 09/1/2018 08:50

Trading above 250p, just. Year end hope for me, is for something near 300p if global growth and China keep growing.

[lance corporal winstanley ash] 07/1/2018 10:29

Nice to see this hit a 52 week high.

[its the oxman] 30/11/2017 09:17

Top up time 235p

[pjw956] 27/11/2017 20:25

the report is mostly looking back - but for me china is a long term hold going forwards - good article on fcss and the manager in this months money observer..mostly positive on trying to grow the fund around potential debt/ banking issues of china..I guess will become a little more volatile

[lance corporal winstanley ash] 24/11/2017 15:40

Any views on the half year report?

[pjw956] 23/11/2017 20:38

care required - china bonds taken a tumble - could upset the market - Shanghai down 2.9% and HK down 1%...one to watch

[lance corporal winstanley ash] 22/11/2017 14:23

Nav now at 281

[its the oxman] 22/11/2017 11:29

250p - so close

[its the oxman] 20/11/2017 11:45

It has narrowed slightly, opportunity is if China does come back into favour it could close further.

[wilmot] 20/11/2017 07:23

Why does this trade at such a large discount to NAV?

[lance corporal winstanley ash] 17/11/2017 18:24

Encouraging to see 240 broken today