IN BRIEF: JPMorgan China Growth & Income net asset value rises
26th May 2023 10:25
JPMorgan China Growth & Income PLC - Investor in Chinese companies - For the six months ended March 31, net asset value per share rises 5.8% to 361.5 pence, from 341.7p at end of September. Total return on net assets was 7.9% compared to the benchmark return of 7.3%. The company says the period has been a return to growth following the "Chinese government's decision to reverse course in several key policy areas" in the half-year. China's government rolled back Covid-19 curbs and also pared back its technology sector crackdown. Read More