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Fidelity China Trust Halves But Won’t Fall Further – Telegraph

But there are several reasons to think that the price of the Fidelity China Special Situations trust has fallen as far as it can

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Fidelity China
A view of a Fidelity Investments building in the Financial District of New York City on November 10, 2020. Fidelity, TD Ameritrade, Schwab and Vanguard reported tech problems on Monday, though all said the issues were resolved within several hours. Some attributed the problems to heavy activity early in the day. (Photo by John Nacion/NurPhoto)NO USE FRANCE

 

It’s not hard to find reasons to avoid Chinese investments, given tension in the country’s real estate sector, last year’s regulatory attack on businesses and America making it harder for China firms to list their shares there, The Daily Telegraph reported.

All this is apparent in the share price of the Fidelity China Special Situations trust, which has roughly halved since February 2021. But there are several reasons to think that the stock has fallen as far as it can.

Read the full report: The Daily Telegraph

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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