Fidelity China Special S... Share Discussion Threads

[deadly] 23/2/2021 21:25

over 6% drop for no reason after being up first thing. NAV not changed much, now on a discount

[davidro77] 23/2/2021 15:21

Really? It appears to be in free fall and there will be a lot of investors looking to lock in some gains now the top is in. It is still way way up I am looking for a mini bounce to top slice here not buy more

[deadly] 23/2/2021 11:49

Good time to top up at 437p

[jfinvestments] 18/2/2021 13:01

Asian tech sell off.

[bartyb] 18/2/2021 11:30

Can anyone say why the fall when NAV was slightly up

[arja] 09/2/2021 16:16

fair points scobak . I notice that today it is trading at a small premium nd hence why is coming off a bit towards the close even though chinese indices up again today

[scobak] 08/2/2021 17:58

There is no premium either. As long as NAV goes upwards then all fine. The fall when it happens will be a general fall for all things South East Asia and not just FCSS.
Just keep watching.

[arja] 08/2/2021 10:18

not sure about that as it depends on how the NAV performs but it is a concern that there is hardly any discount to NAV . But chinese index keeps hitting all time highs as do US indices with russel 2000 the best performer by far

[halfpenny] 08/2/2021 10:06

FCSS IS NOW TOO TOPPY SO PULLBACK DUE SOON.

[arja] 26/1/2021 09:58

dragonsteeth ,
thanks for comments and it is following chinese market down today although NAV just reported a nice increase as at 22nd !

[davvero] 20/1/2021 19:09

Let's hope Mr Ma keeps hiding and only popping out every now and then to boost BABA share price ... USA is now more open with China... FCSS should really do well this first quarter... And if the USA delisted China companies are re-listed again we're going sky-high

[scobak] 20/1/2021 18:17

And a change in presidency in US isn't doing any harm either.

[dragonsteeth] 20/1/2021 09:48

arja, all the China focussed ITs will have got a boost from their Alibaba holdings whose share price rose about 8% following an appearance of founder Jack Ma. It’s hard to determine what’s going on in China but even the merest hint that the government is not cracking down so hard on the likes of Alibaba/ Tencent can boost the market. Equally it can fall hard the other way at short notice.

[arja] 20/1/2021 09:06

now trading at a premium to NAV and am kicking myself for exiting z few days ago . does not make much sense but markets are markets ! ( wry smile ) .

[hutch_pod] 19/1/2021 16:06

Fcss buys via HK exchange too , 42% per Trustnet..

[davvero] 19/1/2021 14:02

Doesn't FCSS invest in HANG SENG shares/?

[arja] 19/1/2021 13:15

why you mention Hong Kong ?

[hutch_pod] 19/1/2021 08:37

HK did 2.7% though.. highest since may 2019 according to Bloomberg

[arja] 19/1/2021 08:27

same thing today and a bit illogical as pound stronger against chinese currency - expect the unexpected I guess !

[arja] 18/1/2021 19:44

even though chinese indices did nothing - a bit hard to figure !

[arja] 18/1/2021 19:44

took off today though to a new ATH .

[jfinvestments] 18/1/2021 18:05

It was followed by a question mark. As in that's a mad idea but not my money.I can't help anyone who wants better than the numbers FCSS is producing in the time frame it has done it in.

[deadly] 18/1/2021 17:21

"For shorter term higher gains sell out and look elsewhere?"

Difficult to find better shorter term gains elsewhere in a trust than here.

[mike24] 03/11/2020 14:13

chart still looking good dyor
19/11 China pledges to open its super-sized economy
the RECEP negotiations began in 2012 and signed off last sunday,
to form the world's largest trading block, the deal excludes the US
who pulled out of the Trans Pacific partnership,
nai

[arja] 19/10/2020 14:26

surprisingly up today as chinese indices came off sharply after a good rally .