JPMorgan China Growth & Income (LON:JCGI) Insider Acquires £15,535 in Stock

JPMorgan China Growth & Income plc (LON:JCGI) insider Joanne Wong bought 6,500 shares of the company’s stock in a transaction on Wednesday, October 21st. The shares were acquired at an average price of GBX 239 per share, for a total transaction of £15,535.

JPMorgan China Growth & Income Trading Down 0.7%

Shares of JCGI stock opened at GBX 228.50 on Monday. JPMorgan China Growth & Income plc has a 12-month low of GBX 221 and a 12-month high of GBX 307. The company has a market cap of £179.24 million, a price-to-earnings ratio of 6.83 and a beta of 0.83. The stock has a 50 day simple moving average of GBX 259.10 and a 200-day simple moving average of GBX 271.22.

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.