Fidelity China Special S... Share Discussion Threads

[tenapen] 15/3/2022 08:07

Good job your using this FCSS thread ! the chart isn't a pretty sight.

[panshanger1] 14/3/2022 17:58

Five year low 180

[panshanger1] 14/3/2022 17:57

This has come off a long way At some stage it will bottom out When ?

[davidro77] 07/3/2022 12:06

I think the question has been answered sadly. Glad I exited this and will wait for the chance to buy back in but feel calling a bottom in this market is a mugs game. Sad to see the total destruction of covid rally gains now what a disaster

[jfinvestments] 23/2/2022 21:09

If FCSS goes below 200 I for one will buy. That's where I started buying the trust a few years ago and I have bought at different opportunities over the last two years as it has risen. China is such a huge economy that there will always be opportunities there. That's how I see it. I'll buy if the price reaches 250 or of discount widens to 10% which I can't see at this point.

[topvest] 22/2/2022 20:10

We will have to wait and see. Happy to brave. China will probably bounce back first and lead the way. Their markets have been heading down longer than the US.

[davidro77] 22/2/2022 15:59

Wow, that is brave. I stuck to my principles and sold most of my holding above 300p and will only buy back in if it come back above and holds. I think with the Russia situation buying in now is massively risky and could see this continuing to decline for a few more months yet. Just kicking myself I didn't set a more definitive and tighter stop on this on the way up

[steve73] 22/2/2022 05:59

Just trying to keep this thread at the top of the board, as it's more useful than the other one without header info...

[topvest] 21/2/2022 14:55

I have topped up today for the long-term. Bought originally at 73p, so its been a good trust for me. Fidelity are an excellent manager. Its run in the style of Anthony Bolton so should continue to do really well long-term. It may well go down further in the short-term.

[davidro77] 27/1/2022 13:50

Seriously depressing price action, with 300p lost I wonder if we continue down to wipe out all gains since the pandemic started. No sign of a turnaround here whatsoever! And if putin invades hold onto your hats

[panshanger1] 27/1/2022 08:49

New 52 week low

[topvest] 25/1/2022 20:10

No, just the opposite actually but haven't pressed the button yet.

[davidro77] 24/1/2022 13:30

Getting close to my exit price again. Would be a shame to cut and run but markets are looking dicey and in a full blown panic assume this could still go much much lower. Anyone else thinking of exiting and preserving capital here?

[jfinvestments] 11/1/2022 19:46

I think it depends on how long you have planned to be invested for. I was taken by surprise by the accelerated decline and watching my profit drop from over 100% hurt. I am going to continue to add and wait it out.

[davidro77] 11/1/2022 16:25

Good find thank you!I have to admit getting quite depressed watching the slow slow decline month on month and bitterly regret not selling at 500p like a lot of people clearly did.In my mind if it goes below 300 tempted to dump and preserve still decent profits but you just know at some point it will turn around.What is everyone else doing here?

[davidro77] 17/11/2021 20:35

Nice little bounce in recent weeks. I almost gave in and exited at 300p so glad I held on. Long way to go to get back to anywhere near the highs though :(

[rocketblast] 09/11/2021 19:45

I am sure that Fidelity Ned Johnson would be horrified to see Fidelity still investing in China with all its issues!! FCSS should close as China is not helping the environment, shame on you. China can and must change an help reverse climate issues. HK is out of control as China moves in. FCSS will fall to low levels as China issues remain. FCSS 200p or less soon what a shame!!

[rocketblast] 09/11/2021 16:22

FCSS face more headwinds not looking good. 250p will be tested and then 200p as shorters ramp. Too Risky like RIO…

[richardly] 09/11/2021 12:57

Or rocket... it's in the price; Or much better than that, it's a buying opportunity precisely due to all the FUD.

[rocketblast] 09/11/2021 12:16

FCSS very Risky as HK is an issue. China losing main stream investors Get Out due to Risky rules and constraints. Miners also falling as property demand crashes. FCSS 250p to be tested some say 200p. FCSS has no future for many investors. Save your hard earned money as headwinds for FCSS slow progress with 250p to be tested see charts…Dont take Risks…

[mike24] 12/10/2021 09:13

Thermal coal on Zhenghou commodity exchange
jumped 10% yesterday,