Investment Trusts

Fidelity China Special Situations PLC

FCSS:LSE

Fidelity China Special Situations PLC

Actions
  • Price (GBX)319.50
  • Today's Change-3.00 / -0.93%
  • Shares traded960.77k
  • 1 Year change+22.65%
  • Beta0.8434
Data delayed at least 20 minutes, as of Feb 19 2026 16:47 GMT.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

Fidelity China Special Situations PLC is a United Kingdom-based closed-ended investment company. The Company’s investment objective is to achieve long-term capital growth from an actively managed portfolio made up primarily of securities issued by companies in China, both listed and unlisted, as well as Chinese companies listed elsewhere. The Company may also invest in companies with significant interests in China. The Company may invest through equities, index linked, equity linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, equity related securities, forward transactions and other interests including derivative instruments. Its interest in any single investment will not, on acquisition, exceed 15% of Net Assets plus Borrowings. FIL Investment Services (UK) Limited is the Company’s Alternative Investment Fund Manager. FIL Investment Management (Hong Kong) Limited is the Company’s investment manager.

  • Revenue in GBP (TTM)590.06m
  • Net income in GBP557.14m
  • Incorporated2010
  • Employees0.00
More ▼

Profile

Management group(s)FIL Investment Management (HK) Ltd
AIC sectorChina / Greater China
ISINGB00B62Z3C74
Launch date19 Apr 2010
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The investment objective of the Company is to achieve long-term capital growth from an actively managed portfolio made up primarily of securities issued by companies listed in China and Chinese companies listed elsewhere. The Company may also invest in listed companies with significant interests in China.

Managed by

Dale Nicholls

Management & contract fees

The Board agreed a revised fee with the Manager, FIL Investment Services (UK) Limited, with effect from 1 July 2023. The revised fee will be 0.85% (reduced from 0.90%) on the first £1.5 billion of net assets. It will remain at 0.65% on net assets over £1.5 billion. The variable element of the fee of +/-0.20% remains unchanged

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Aberforth Smaller Companies Trust plc114.11m96.24m1.32bn0.0014.190.9557--11.581.181.181.4017.450.0769--33.99--6.487.856.657.9891.3892.1784.3387.25--22.250.051336.34-33.22---36.52----7.04
Schiehallion Fund Ltd252.92m243.20m1.33bn0.005.521.20--5.250.32050.32050.33351.470.2541--175.12--24.442.5724.532.5996.7979.1996.1675.82----0.000.00112.7654.56128.6954.81----
Rosebank Industries PLC-100.00bn-100.00bn1.33bn----4.44----------0.7383----------------------------0.0311--------------
Worldwide Healthcare Trust PLC-148.71m-168.47m1.37bn0.00--1.01-----0.3233-0.3233-0.30733.54-0.0818-------9.262.87-9.853.03--73.57--69.87----0.0023.15-180.77---204.28-----0.8131
BH Macro Ltd332.45m200.04m1.41bn0.008.340.9973--4.230.51660.51660.84924.320.2215--23.74--13.335.9913.366.1190.0279.1060.1740.87--16.130.000.0022.3318.13-12.43-0.4175----
JPMorgan Emerging Mkts Grt & Inc PLC65.23m49.48m1.44bn0.0032.591.19--22.070.0460.0460.06111.260.0488--10.71--3.703.703.733.7186.3385.2075.8573.94----0.0033.23-37.698.03-41.7710.10--8.14
Fidelity Special Values PLC172.69m158.39m1.47bn0.009.251.16--8.500.49010.49010.53373.920.1429--18.30--13.1114.6713.1414.7496.0396.2291.7292.98--26.490.0019.15-27.12---29.07----11.95
Fidelity China Special Situations PLC590.06m557.14m1.52bn0.002.870.8995--2.581.131.131.193.590.376--98.88--35.504.8636.615.0994.7872.5794.4269.96----0.0041.72314.48--258.35----13.49
Smithson Investment Trust PLC106.55m83.49m1.54bn0.0023.010.8611--14.500.6250.6250.817116.700.0507--8.72--3.97-1.933.99-1.9383.84--78.36------0.00---352.50---674.64------
Renewables Infrastructure Group Ltd-210.10m-213.20m1.57bn0.00--0.6063-----0.0871-0.0871-0.08581.08-0.0739-------7.505.23-7.505.23--99.85--108.31---2,131.000.00109.39-554.55---2,086.21----2.49
Law Debenture Corporation plc252.53m169.96m1.59bn301.009.221.499.206.281.281.281.917.950.2134--7.05838,976.8014.364.6914.644.8596.6392.1967.3046.22--29.480.136781.3932.001.0929.00-5.6965.305.20
Burford Capital Limited350.58m64.56m1.59bn160.0025.300.8566--4.520.28640.28641.588.46------2,191,136.00--5.55--6.47----28.7047.85--2.200.4026.08-49.760.3934-76.01-13.39-27.9224.55
Pantheon International PLC45.41m-6.71m1.61bn0.00--0.7523--35.44-0.0156-0.01560.09844.960.0182--16.31---0.26918.26-0.27458.35-2.5385.20-14.7883.08----0.09560.00-42.47-11.71-121.21------
AJ Bell PLC317.85m105.12m1.71bn1.55k16.647.9015.625.370.25570.25570.77280.53841.07--4.97205,062.6035.5232.4546.9340.07----33.0731.22----0.052566.8417.9720.1924.7122.0418.1718.26
Personal Assets Trust PLC168.57m152.91m1.73bn0.0011.54--11.3010.250.47590.47590.5214------------4.57--4.61--89.2190.7183.32------30.27111.4012.17159.6411.92--0.00
Ashmore Group plc153.10m113.50m1.74bn272.0014.742.2514.4911.360.16560.16560.22321.080.1619--2.77562,867.6012.3511.6714.3313.30----76.2954.41----0.0212101.35-25.94-14.95-13.34-14.92-27.520.00
Data as of Feb 19 2026. Currency figures normalised to Fidelity China Special Situations PLC's reporting currency: UK Pound GBX

Institutional shareholders

74.32%Per cent of shares held by top holders
HolderShares% Held
FIL Investment Advisors (UK) Ltd.as of 30 Apr 202589.90m18.92%
City of London Investment Management Co. Ltd.as of 09 Dec 202561.95m13.04%
Lazard Asset Management LLCas of 30 Apr 202551.27m10.79%
Allan Gray (Pty) Ltd.as of 30 Apr 202536.62m7.71%
HSBC Global Asset Management (UK) Ltd.as of 01 Jan 202636.18m7.62%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 01 Jan 202626.84m5.65%
Allspring Global Investments LLCas of 30 Apr 202519.45m4.09%
Hargreaves Lansdown Fund Managers Ltd.as of 01 Jan 202614.63m3.08%
Rathbones Investment Management Ltd.as of 01 Jan 20269.73m2.05%
Banque Pictet & Cie SAas of 01 Jan 20266.51m1.37%
More ▼
Data from 30 Sep 2025 - 31 Dec 2025Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.