JPMorgan China Growth & Income (LON:JCGI) Reaches New 52-Week Low – Time to Sell?

JPMorgan China Growth & Income plc (LON:JCGI)’s share price reached a new 52-week low on Wednesday. The stock traded as low as GBX 233.65 and last traded at GBX 235, with a volume of 110,361 shares trading hands. The stock had previously closed at GBX 239.

JPMorgan China Growth & Income Price Performance

The stock has a market cap of £181.95 million, a PE ratio of 6.93 and a beta of 0.83. The business has a fifty day moving average of GBX 259.99 and a 200-day moving average of GBX 271.56.

JPMorgan China Growth & Income Company Profile

Strategic thinking for Chinese markets

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.